Liabilities and Equity in Accounting
This course is part of Intuit Academy Bookkeeping Professional Certificate.
Course Cost
Free course
Beginner
Skill Level
11 Hours
Self-paced lessons
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Intuit Academy Bookkeeping Professional Certificate program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
What you'll learn
Describe and identify the three main characteristics of liabilities
Demonstrate proficiency in basic payroll accounting functions and tasks
Compare and analyze different types of equity accounts
Use the accounting equation to assess organizational financial position
Master sales tax liability accounting procedures
Skills you'll gain
This course includes:
2.65 Hours PreRecorded video
16 assignments
Access on Mobile, Tablet, Desktop
FullTime access
Shareable certificate
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There are 4 modules in this course
This comprehensive course focuses on understanding liability and equity accounts and their impact on the balance sheet. Students learn about various types of liabilities including current and long-term obligations, payroll processing, and sales tax management. The course also covers equity accounting, including owner's equity calculations and changes in financial position. Through practical exercises and real-world scenarios, learners develop essential bookkeeping skills for managing financial records.
Liabilities and Equity in Accounting
Module 1 · 2 Hours to complete
Payroll, Obligations, and Loans
Module 2 · 4 Hours to complete
Equity and Liabilities
Module 3 · 2 Hours to complete
Practice with Liabilities and Equity
Module 4 · 3 Hours to complete
Fee Structure
Individual course purchase is not available - to enroll in this course with a certificate, you need to purchase the complete Professional Certificate Course. For enrollment and detailed fee structure, visit the following: Intuit Academy Bookkeeping Professional Certificate
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Faculties
These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.
Frequently asked Questions
Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.




