Tips on how to Master Basic Accounting

 1) Make yourself ready.

Napakahalaga na ready ka as a learner. Dapat focus ka lang. Avoid distractions. Ready a sheet of paper, pencil, and of course, a calculator. Dapat may prepared ka na ring books or sources o di kaya ready made business transactions. Advisable rin ang CP na may dictionary lalo na kung 'di ka magaling sa English. Hindi porket 'di mo na alam/maintindihan ang words ayaw mo na.

2) Understand the Concepts.

Before going to solving problems and making such journal entries, posting, and trial balance, it is imperative that you have understand the concepts o yung mga ways kung paano ito ginagawa at bakit ito ginagawa. Dapat alam mo na ang effects ng every transaction sa Assets, Liabilities , at Equity.

Dapat alam mo rin ang normal balance ang every account.

DEBIT BALANCE

ASSETS

EXPENSES

DRAWINGS/WITHDRAWAL

CREDIT BALANCE

LIABILITIES

INCOME

CAPITAL

Dapat alam mo rin kung alin ang account titles. Pwedeng sauluhin mo siya kasi as the time goes by mareretain na yan sa utak mo. Alamin kung alin ang assets, liabilities, owner's equity, income at expenses.

3) Try solving easy business transactions.

Magsimula ka muna sa madali. Hindi mo kailangang magrush hindi ito paunahan at love. Never rush Accounting 'di yan nakukuha sa blink of an eye.

4) Kapag namaster mo na siya. Try solving comprehensive problems.

Syempre mahirap naman. Hindi pwedeng puro madali. Accounting is hard. Alam yan ng lahat. 

5) Kapag nahirapan ka or may new problems encountered balik ka lang sa concepts. 

6) CONGRATS MASTER KA NA SA BASIC ACCOUNTING. 😊

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