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Learner Reviews & Feedback for Liabilities and Equity in Accounting by Intuit

4.3
stars
680 ratings

About the Course

In this third course, you will learn about liability and equity accounts and its effect on the balance sheet. If you have mastered bookkeeping basics and understand accounting assets, you are ready to jump into Liabilities and Equity in Accounting. You will explore the various types of liability, including: current and long term, payroll, and sales tax. Additionally, you will learn about the equity portion of the accounting equation and how to account for changes in owner’s equity. By the end of this course, you will be able to: -Describe the three main characteristics of liabilities. -Demonstrate an understanding of the basic payroll accounting functions and tasks. -Compare and contrast the different types of equity -Use the accounting equation to describe the financial position of an organization. Courses 1 and 2 in the Intuit Bookkeeping Professional Certificate, or the equivalent, are recommended prerequisites for this course....

Top reviews

FM

Apr 15, 2024

I really enjoyed this course. I would add that it would have been nice to really get more journal entry exercises that make you really think about how to make entries on your own without the computer.

LL

Sep 3, 2022

It was my favorite course however, the wording on the exams could be a bit confusing at times and the final assessment was a bit difficult for some reason.

Thank you.

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126 - 150 of 191 Reviews for Liabilities and Equity in Accounting

By Samantha B

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Apr 18, 2024

Having a hard time with the actual journal practices. Would love a "review" file where everything is correct to compare-maybe after the test? So confusing.

By Jeannine D

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Jun 4, 2022

There seems to be some missing information for the Case Study. The beginning cash account balance appears to be off, or there is a transaction missing.

By Herby L

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Oct 4, 2024

Course needs a walk through on how the answers were found for journal entries, general ledger, balance sheets, and income statements for the workbooks

By AnaLydia R R

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Apr 27, 2022

A lot of great information and some practice but there really needs to be more practice and specifically more practice with quickbooks

By Thando E

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Sep 12, 2024

This is a great course, I recommend it to anyone wishing to be a bookkeeper or starting as an accountant. It will definitely help.

By Tracy A L

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Jul 23, 2022

Not mush explaining as to how the money was off in the trial balance. but working backwards and a bit of time I did figure it out.

By Nita N

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Oct 6, 2022

I would like to see more case studies to help practice. Overall, the course is very good and builds on the previous courses.

By Jing Y

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Mar 9, 2023

the knowledge and practices are not as many as those in assets. And FICA is only applicable to US tax

By Maggie F

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Feb 2, 2022

At times it seems like more information is required to complete the Quiz at the end of the sections

By Mayon W

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May 13, 2024

Good presentation and good theoretical knowledge But doing this user can not gain anything at all

By Ryan K D

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Jul 21, 2024

Good, slightly worse than assets in terms of how tested, but good intro to taxes and payroll

By Mark C

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May 12, 2024

The weakest of the four Intuit Bookkeeping courses, but still plenty of nuggets of wisdom.

By Justin S

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Jun 26, 2023

Good overview of basic bookkeeping. The dual entry is tedious but necessary.

By Franklin E F

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Oct 31, 2022

More Exposure to actual QuickBooks Software practice will be great !!!

By TERESA L

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Oct 21, 2023

Stop doing trick questions in the exams. Be practical and honest

By Xinyu L

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Jan 27, 2024

Need answer for the questions related to the amortization table

By Bruce K

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Sep 30, 2021

Quiz a little unclear to do online without answer to questions.

By Ryan R R

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Mar 15, 2024

I would give this course 5 stars, but there was some errors.

By Fritz A

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Dec 30, 2022

Great methodology!!!

I loved the team and everything. Thanks.

By Irene M

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Jun 8, 2022

Good course material. Made simple. Need plenty of practice.

By Blake G

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Oct 27, 2023

Would be great if their was a version for canadian payroll

By Joshua A

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Sep 30, 2021

thank you for the impactful knowledge.........

By Crystal B

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Nov 3, 2021

There are a lot of error in the final test.

By Kongit

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Sep 22, 2023

overall good learning system.

By Roger V

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Apr 1, 2024

Overall a good course