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    Back to Liabilities and Equity in Accounting

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

    Filled StarFilled StarFilled StarFilled StarHalf Faded Star
    4.4
    stars
    733 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 diff...
    ...

    Top reviews

    FM

    Apr 15, 2024

    Filled StarFilled StarFilled StarFilled StarFilled Star

    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.

    AB

    Sep 16, 2022

    Filled StarFilled StarFilled StarFilled StarFilled Star

    A​s a hands on learner I really appreciate the practice that is provided through case studies and quick quizzes to test our knowledge as we progress through the course.

    Filter by:

    126 - 150 of 200 Reviews for Liabilities and Equity in Accounting

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    By Veronica R

    •

    Feb 18, 2022

    Overall this was a good course. My issue was the case study wasn't in balance to start with so my impossible to see if I needed t correct something or it was from an error from last period.

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    By Leigh S

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    Oct 22, 2022

    After the final exam it would be nice to be provided the correct worksheet/spreadsheet so that I could compare to the one I completed and see where I made my mistakes.

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    By Carol S

    •

    Dec 10, 2021

    Payroll section is not useful unless you are American. Rules are different for other countries. Other sections are straightforward but it does cover topics quickly.

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    By Tiffany S

    •

    Feb 20, 2025

    I wish there was more hands on with using QuickBooks or another accounting software. Using excel for the final assignments are not true accounting as done today.

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    By carmz d c

    •

    Jul 29, 2022

    Though some of the exercises frustate me as it wasn't working, overall the course is still a great help in refreshing my accounting knowledge plus I learned QBO.

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    By Samantha B

    •

    Apr 18, 2024

    Having a hard time with the actual journal practices. Would love a "review" file where everything is correct to compare-maybe after the test? So confusing.

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    By Jeannine D

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    Jun 4, 2022

    There seems to be some missing information for the Case Study. The beginning cash account balance appears to be off, or there is a transaction missing.

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    By Herby L

    •

    Oct 4, 2024

    Course needs a walk through on how the answers were found for journal entries, general ledger, balance sheets, and income statements for the workbooks

    Filled StarFilled StarFilled StarFilled StarStar

    By Washington R

    •

    Mar 15, 2025

    me cambia los numeros en las tareas, ejemplo : ponia 180 y me lo cambia a 179 y me calificaba mal. es lo unico malo, el resto excelente todo

    Filled StarFilled StarFilled StarFilled StarStar

    By AnaLydia R R

    •

    Apr 27, 2022

    A lot of great information and some practice but there really needs to be more practice and specifically more practice with quickbooks

    Filled StarFilled StarFilled StarFilled StarStar

    By Thando E

    •

    Sep 12, 2024

    This is a great course, I recommend it to anyone wishing to be a bookkeeper or starting as an accountant. It will definitely help.

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    By Tracy A L

    •

    Jul 23, 2022

    Not mush explaining as to how the money was off in the trial balance. but working backwards and a bit of time I did figure it out.

    Filled StarFilled StarFilled StarFilled StarStar

    By Nita N

    •

    Oct 6, 2022

    I would like to see more case studies to help practice. Overall, the course is very good and builds on the previous courses.

    Filled StarFilled StarFilled StarFilled StarStar

    By Jing Y

    •

    Mar 9, 2023

    the knowledge and practices are not as many as those in assets. And FICA is only applicable to US tax

    Filled StarFilled StarFilled StarFilled StarStar

    By Maggie F

    •

    Feb 2, 2022

    At times it seems like more information is required to complete the Quiz at the end of the sections

    Filled StarFilled StarFilled StarFilled StarStar

    By Mayon W

    •

    May 13, 2024

    Good presentation and good theoretical knowledge But doing this user can not gain anything at all

    Filled StarFilled StarFilled StarFilled StarStar

    By Rainee S

    •

    Dec 4, 2024

    The information is solid, though the cartoon videos used to deliver it are a little grating.

    Filled StarFilled StarFilled StarFilled StarStar

    By Ryan K D

    •

    Jul 20, 2024

    Good, slightly worse than assets in terms of how tested, but good intro to taxes and payroll

    Filled StarFilled StarFilled StarFilled StarStar

    By Mark C

    •

    May 11, 2024

    The weakest of the four Intuit Bookkeeping courses, but still plenty of nuggets of wisdom.

    Filled StarFilled StarFilled StarFilled StarStar

    By Diana T

    •

    Mar 20, 2025

    buen curso el único pero es que esta en ingles y cuesta un poco mas entender

    Filled StarFilled StarFilled StarFilled StarStar

    By Justin S

    •

    Jun 26, 2023

    Good overview of basic bookkeeping. The dual entry is tedious but necessary.

    Filled StarFilled StarFilled StarFilled StarStar

    By Franklin E F

    •

    Oct 31, 2022

    More Exposure to actual QuickBooks Software practice will be great !!!

    Filled StarFilled StarFilled StarFilled StarStar

    By TERESA L

    •

    Oct 21, 2023

    Stop doing trick questions in the exams. Be practical and honest

    Filled StarFilled StarFilled StarFilled StarStar

    By Xinyu L

    •

    Jan 27, 2024

    Need answer for the questions related to the amortization table

    Filled StarFilled StarFilled StarFilled StarStar

    By Bruce K

    •

    Sep 30, 2021

    Quiz a little unclear to do online without answer to questions.

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