Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Point of discussion
Meaning & Definition of Book - Keeping
Features of Book - keeping
Objectives of Book - keeping
Meaning & Definition of Accountancy
Branches of Accounting
Basic accounting Terminologies
According to Kohler :
Accountancy refers to the entire body of theory and process of
accounting.
Branches of Accounting
Financial Accounting
Journal
Ledger
Trial balance
Final accounts
Cost Accounting
Cost Sheet
Job & Contract
Process Costing
Operating Costing
Management Accounting
Ratio analysis
Break even point
Standard Costing
Analysis of financial S
Business Transaction
Any dealing of business that involves buying and selling of goods and
services in exchange of value be called as business transaction.
Cash Transaction
Credit Transactions
Types of Assets
Assets : Property of any kind owned by a businessman is called an asset,
Ex
Fixed Assets : Ex..
Current Assets : Ex..
Fictitious Assets : Ex..
Accounting concept
Accounting principles are those rules which are to be adopted by the
accountants
Accounting is the language of business. This are general guidelines for
sound accounting practices
1) Reliable financial statements
2) Generally acceptable basis of measurement
3) Valid and appropriate assumptions
4) Uniformity in presentation
5) Valid and appropriate assumptions
6) Proper information to all
Accounting concepts
1) Business entity
2) Money measurement
3) Cost concept
4) Consistency concept
5) Conservatism
6) Going concern
7) Realization
8) Accrual
9) Dual aspect
10) Disclosure
11) Materiality
12) Revenue recognition principle
13) Marching principle
14) Accounting standards
Double
entry book system
Study of double entry book keeping system
Methods of recording accounting information
Definition of double entry system
Principle & Advantages of DES
Conventional Accounting System
Account and its Classification
Debit & Credit
Rules of Accounts & rules of Debit credit
Analysis of Transactions
Principles of DES
Advantages of DES
1) Accuracy
2) Business Result
3) Complete Record
4) Comparative study
5) Common acceptance
Classifications of Account
Analysis of Transactions
Point of discussion
Introduction, Meaning & specimen
Voucher internal & external voucher
Cash & Petty cash voucher
Cash and credit memo
Receipt
Debit and credit note
Pay in slip
Withdrawal slip
Cheque
Bank pass book, Bank statement & Bank advice
Introduction
The document required for recording of transactions in the books of accounts are called
as sources of documents.
This document is the legal proof of the transaction which is recorded in the books of
accounts.
The accountant should confirm that every entry made is supported by sources
documents.
The document is the base of passing the entry.
Journal Voucher
Journal Voucher is basic / original Voucher
In details
Cash Voucher
Petty cash Voucher
Cash memo
Credit memo
Receipt
Debit note / credit note
Pay in slip
Withdrawal slip
Cheque
Types of Cheque
Bank advice