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Unit 1 |
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| Accounting: Meaning and definition, Objectives and Functions of accounting | VIEW |
| Stakeholder using accounting information | VIEW |
| Branches of accounting | VIEW |
| Limitations of Accounting | VIEW |
| Accounting Principles | VIEW |
| GAAP | VIEW |
| Accounting Concepts and Accounting Conventions | VIEW |
| Accounting Standards: Meaning, Objectives | VIEW |
| List of Indian Accounting Standards | VIEW |
| Unit 2 | |
| Accounting Process: Meaning, Source Document | VIEW |
| Steps in Accounting Process | VIEW |
| Double Entry System: Meaning, accounting equation | VIEW |
| Account: Meaning, Kinds of accounts, Corresponding rules for Debit and credit | VIEW |
| Transaction analysis | VIEW |
| Journal | VIEW |
| Ledger | VIEW |
| Balancing of accounts | VIEW |
| Trial balance | VIEW |
| Unit 3 | |
| Subsidiary Books, Meaning, Significance | VIEW |
| Types of Subsidiary books: Purchases book, Sales book, Purchase returns book, Sales return book | VIEW |
| Bills receivable book, Bills payable book | VIEW |
| Cash book | VIEW |
| Journal proper | VIEW |
| Cash Book: Meaning, Types of Cash book, Three Column cash book and Petty Cash book | VIEW |
| Bank Reconciliation Statement: Meaning, Objectives | VIEW |
| Reasons for differences in balance as per Pass book and Cash book | VIEW |
| Simple problems on preparation of BRS (when bank balance as per pass book or bank balance as per cash book is given) | VIEW |
| Unit 4 | |
| Meaning, Causes of depreciation | VIEW |
| Concepts related to Depreciation: Depreciable Base, Salvage Value, Basket Purchases, Group Depreciation | VIEW |
| Depreciation Accounting, Meaning, Need for providing Depreciation | VIEW |
| Depreciation methods: Straight line Method, Diminishing balance Method | VIEW |
| Sum of year’s digit method and production units method | VIEW |
| Unit 5 | |
| Meaning, Objectives of preparing Final Accounts, Components of Final Accounts | VIEW |
| Preparation of Statement of Profit and Loss and Balance sheet of a proprietary concern (in vertical format) with special adjustments like Depreciation, Outstanding expenses, Prepaid expenses, Accrued incomes, and incomes received in advance, Provision for doubtful debts, drawings, Interest on capital and Interest on drawings. | VIEW |
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