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

4.3
stars
588 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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151 - 171 of 171 Reviews for Liabilities and Equity in Accounting

By Deleted A

•

Jan 8, 2023

Course production seemed to be rushed and as a result many frustrated students including myself.

By Jill S

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Mar 31, 2023

Some of the exercises are incomplete, making it tricky to complete the questions on the test.

By Thi T C N

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Nov 14, 2021

some parts are repeated which is still ok. The case study didn't provide enough info

By Gricel T L

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Feb 5, 2022

Errors in lesson exercises and quizzes.

By biji v

•

Feb 28, 2023

fine

By Bonnie E

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Jan 13, 2024

Seemed like a lot of info was missing - Videos that referenced another video that would be coming up next that didn't seem to exist, questions on quizzes that were not covered ANYWHERE in the study material, etc. - The final project was a MESS that I'm fairly certain was missing at least a full page of info; the numbers given were literally impossible to make line up, even after redoing it 4 times - Even after passing the final exam with 50% answers I knew and 50% making educated guesses (because it is SO heavily dependent on that final project), I went back and tried to make the 'correct' answers fit with the information given for the final project, and found that at least $8k worth of transactions that would have been necessary to get to those numbers simply... didn't exist. Nowhere in the ledger, nowhere in the instructions on transactions that needed to be added, nothing. Seriously, this class is AWFUL and needs a complete overhaul in regards to the tests and final projects to actually function properly.

By Jen S

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Oct 17, 2021

I understand everything until it comes to the final test. The Excel spreadsheets make absolutely no sense to me and I don't understand what I am doing wrong or even what I am supposed to be doing with them. At least I know I understand QuickBooks because I use it for my business and I have picked up a few pointers from these courses, so it isn't a total waste of money.

There is some incorrect information in the courses, which would likely confuse those not already familiar with accounting or business finances.

By Regina V

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Apr 4, 2022

These courses are becoming more complex as expected but are not offering the correct amount of practice to learn. If you do not have any prior accounting experience, this course will prove difficult in terms of utilizing an excel version of a General Journal, General Ledger, Trial Balance, and other Financial Statements. The program continues to advertise QBO but does not explain the workings of the aforementioned processes of recording entries and how you move thru the accounting system. I am disappointed.

By Menachem S

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Jul 9, 2023

Didn't measure up to the first two courses (which is actually a good testament to the first 2)

a lot of info was missing

not enough explanation for the info given

too much repetition at times

glitchy quizzes

inaccurate final case study plus a few strangely filled in data points and some with errors.

By Staci N

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Nov 30, 2021

There were mistakes in the downloaded worksheet as the final project. The practice sessions are ridicuously easy, they certainly make you feel good, but they don't help prepare you for the real world.

By Adam W

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Dec 9, 2021

The case study needs work; having the correct spreadsheet to work from would be nice after the test is done. Not everything in the case study was covered by the course.

By Deleted A

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Aug 24, 2022

If I hadn't had to waste SO MUCH time listening to the ridiculous narrative they wrote to try to make it more interesting, I would have rated it 4 stars at least.

By Christine M W

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Jan 19, 2022

Unable to get clarification on case study and quiz questions. I believe (along with other students in forum) that there are errors in the case study materials.

By Tammy M

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Feb 4, 2022

The course itself was informative, but the case study and test were incredibly difficult due to missing information.

By Barry C

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Feb 28, 2022

Too many errors, ambiguities and wrong information.

Absolutely no feedback received when reporting errors etc.

By DEBBIE D

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Aug 18, 2022

Case study was hard to balance, need guidance for questions, which is not available.

By ERNESTO N

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Sep 15, 2022

This course needs to be revised and updated. Frustrating to say the least.

By Shoaib U R

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Jul 3, 2023

Was good but not related to quickbooks practice

By Jessica Stierwalt

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Sep 21, 2023

the information at the end was hard to find

By O S

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Jan 1, 2022

long winded!

By Jamie M

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Aug 20, 2022

This is so difficult because you can't get an instructor support., asking students when they have same frustrations is not helpful. Would be much more confident if there was a resource for help