Simplification Of Financial Accounting - SOFA

Simplification Of Financial Accounting - SOFA

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Free accounting tutorials for students. Learn journal, ledger, trial balance, and financial statements in a simple way.

Accounting tutorial
Financial accounting
Accounting students
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28/09/2025

BANK RECONCILIATION STATEMENT
Visit SOFACCOUNTING Tutorial on YouTube for full tutorial and other topics

07/09/2025

05 LEDGER AND TRIAL BALANCE
How to prepare Ledger and Extract a Trial Balance using Double Entry Principle.
Step by step tutorial

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Photos from Simplification Of Financial Accounting - SOFA's post 07/09/2025

05 LEDGER AND TRIAL BALANCE
How to prepare Ledger and Extract a Trial Balance using Double Entry Principle.
Step by step tutorial

Search SOFAccounting on YouTube for the full Video and other Videos

SUBSCRIBE for Free to receive notification whenever a new video is released.

You can also REQUEST for the link under the comment section, thanks.

05/09/2025

04. CLASSIFICATION OF ACCOUNT
What are the classes of Account?
What is personal account and impersonal account?
How does a personal account appears in a ledger?
Real, Nominal, assets, liabilities and others are explained in the tutorial.

Watch the full tutorial on SOFACCOUNTING TUTORIAL channel on YouTube.
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Photos from Simplification Of Financial Accounting - SOFA's post 31/08/2025

LEDGER ACCOUNT
Watch the full video on YouTube.
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31/08/2025

Shout out to my newest followers! Excited to have you onboard! Salawu Rasheed, Mikky Adet, Abebefe Abiola Aca, Boluwatife Lawal

Photos from Simplification Of Financial Accounting - SOFA's post 31/08/2025

03. LEDGER ACCOUNT
Meaning of Ledger
Types of Ledger
Preparation of Ledger Account using Double Entry Principle

Accounting students of the yearAccounting Basics for Students Accounting Knowledge Concepts accounting education Accounting Simplified Everyone is Included-All People, All Places, All Ways@followers Everyone

BOOK-KEEPING AND ACCOUNTING 29/07/2025

FINANCIAL ACCOUNTING & INTERMEDIATE ACCOUNTING NOTES
-----------------------------------
Check for notes on each each topics discussed Financial Accounting and Intermediate account for Free, thanks.
☑️ Meaning and History of Bookkeeping and Accounting/Characteristics of Good Accounting Information.
https://sofaccountingtutorial.blogspot.com/p/book-keeping-and-accounting.html?m=1

☑️ Source Documents
https://sofaccountingtutorial.blogspot.com/p/source-documents.html?m=1

☑️ Journal/Day Book/Book of Original Entry/Book of Prime Entry
https://sofaccountingtutorial.blogspot.com/p/journalday-book-book-of-oriinal-entry.html?m=1

☑️ CLASSIFICATION OF Account
https://sofaccountingtutorial.blogspot.com/p/claassification-of-account.html?m=1

☑️ Ledger Account
https://sofaccountingtutorial.blogspot.com/p/ledger-account.html?m=1

☑️ Cash Book Single/Double & Three Column
https://sofaccountingtutorial.blogspot.com/p/cash-book-single-column-double-column.html?m=1

☑️ Trial Balance
https://sofaccountingtutorial.blogspot.com/p/trial-balance-meaning-extraction-of.html?m=1

☑️ Correction of Errors in Trial Balance
https://sofaccountingtutorial.blogspot.com/p/correction-of-errors-in-trial-balane.html?m=1

☑️ Bank Reconciliation Statement
https://sofaccountingtutorial.blogspot.com/p/bank-reconciliation-statement.html?m=1

☑️ Control Account/Total Account/Memorandum Account (Sales Ledger and Purchases Ledger Control Account)
https://sofaccountingtutorial.blogspot.com/p/correction-of-errors-in-trial-balane.html?m=1

☑️ Single Entry & Incomplete Record
https://sofaccountingtutorial.blogspot.com/p/single-entry-and-incomplete-record.html?m=1

☑️ Manufacturing Account
https://sofaccountingtutorial.blogspot.com/p/manufacturing-account.html?m=1

☑️ Trading, Profit or Loss Account/Income Statement
https://sofaccountingtutorial.blogspot.com/p/trading-profit-and-loss-account-or.html?m=1

☑️ Consignment Account (In the Book of Consignor & Consignee)
https://sofaccountingtutorial.blogspot.com/p/consignment-account-in-book-of.html?m=1

☑️ Stock Valuation or Inventory Valuation (FIFO, LIFO, WEIGHTED AVERAGE)
https://sofaccountingtutorial.blogspot.com/p/stock-valuation-inventory-valuatio.html?m=1

☑️ Conceptual Framework
https://sofaccountingtutorial.blogspot.com/p/conceptual-framework-objective.html?m=1

☑️ Accounting Standards
https://sofaccountingtutorial.blogspot.com/p/accounting-standards-international.html?m=1

☑️ Joint Venture and Joint Operation (IFRS 11)
https://sofaccountingtutorial.blogspot.com/p/ifrs-11-joint-arrangement-joint-venture.html?m=1

Contact; *+2348060321581 if you need assistance.

BOOK-KEEPING AND ACCOUNTING This is Financial Accounting and Intermediate Accounting site for all levels grouped into ACC 111 & 121, ACC 211 & 221 and ACC311 & 321

11/07/2024

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11/07/2024

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10/07/2024

Shout out to my newest followers! Excited to have you onboard! Monday Isaac Arome, Norman Rava, Buta Negese

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