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

4.4
stars
771 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

SM

Aug 22, 2021

Class is great to learn the accounting terminology and to apply what you learned. They still need to work on the quiz grading; not fun marking right answers wrong.

HL

Oct 3, 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

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201 - 216 of 216 Reviews for Liabilities and Equity in Accounting

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 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 Abigail F

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Jul 28, 2024

This has been the most negative experience I have ever had at remote learning. The material is entirely disjointed, the content has no logical flow, the tests contain questions for which the answers are not taught in the preceding units, there are inaccuracies in the math, I could go on. Very frustrating.

By Michelle B

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Oct 22, 2025

Horrible! I feel there are so many missing pieces of information to accurately complete the case study. More explaination of the results is needed to help understand why the answers are what they are. I would not recommend this course to anybody.

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

By Ian B

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Jul 21, 2025

the final exam was way too difficult with the amount of preparation and practice I was given beforehand and there were several categories I had no idea how to organize.

By David N

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Oct 17, 2025

Unable to double-check answers in the Case Study.