After completing the Accounting and Bookkeeping Essential Skills course:you will know double entry bookkeeping and be able to record double entry bookkeeping transactionsyou will be able to balance the bank nominal (general) ledger accountyou will know how a trial balance is producedyou will know the composition of the nominal (general) ledger accountyou will know the composition of the sales ledgeryou will know the composition of the purchases ledgeryou will be able to enter transactions into the sales journal (sales day book)you will be able to enter the double entry transactions relating to credit salesyou will be able to enter transactions into the purchases journal (purchases day book)you will be able to enter the double entry transactions relating to credit purchasesyou will be able to enter transactions into the sales returns journal (sales returns day book)you will be able to enter the double entry transactions relating to credit sales returnsyou will be able to enter transactions into the purchases returns journal (purchases returns day book)you will be able to enter the double entry transactions relating to credit purchases returnsyou will be able to prepare analysed subsidiary journals (subsidiary day books)you will be able to enter transactions into a cash bookyou will be able to balance a cash bookyou will be able to identify outstanding bank receipts (lodgements) in a cash bookyou will be able to identify outstanding (unpresented) cheques in a cash bookyou will be able to perform a bank reconciliationyou will be able to prepare an Income Statement (Profit and Loss account) for a sole trader from a trial balanceyou will be able to prepare a Statement of Financial Position (Balance Sheet) for a sole trader from a trial balance