Financial Accounting - Book keeping and Accounting - Basics

Accounting and Book Keeping - Learn Simple

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Description

Designed and Developed By

This Financial Accounting online Tutorial is designed and developed by  RCCS, Institute of Information Technology to spread their teaching experience and services across the world.


Every firm needs to record their revenues and expenses as well as managing their liabilities and assets. Even a small firm want 2 or more employees to keep and manage their accounts. So job opportunities are many in this field. In addition to manual accounting , almost all firms are using computer accounting to keep and manage their accounts. Book keeping and accounts knowledge is necessary for getting this type of job. This online course is a basic step of book keeping and accounting, even though it is basic all topics are graphic based and very easy to learn. Learners can expect new topics and modification by the periodic updates. All learners are advised to watch each topic video carefully and practice it in your books. At the end of course an assignment is given, prepare self the report, statement and final account from these assignment.

Topics covered:

Financial Accounting - Basics

1. Accounting Transaction and their category

2. common account heads - definition

3. Double Entry System in Transaction

4. Golden rules of Accounts

5. Accounting Transaction and their type

6. Journal and Journalizing

7. Sub division of Journal

8. Ledger

9.Preparation of Cash book

Accounts Statements

10. Preparation of Trial balance

11. Preparation of Trading Account

12. Preparation Profit and Loss Account

14. preparation of Balance Sheet

15. Bank reconciliation statement

Accounts of Manufacturing Firm

16. Preparation of Manufacturing Account

Accounts of Non-Trading Concern

17. Preparation of Income and Expense Account

Quiz

Exercises

Learners are may be non-commerce background or commerce background, and  are looking for a job… all are welcome....




What You Will Learn!

  • General Account Heads and their uses
  • Double Entry System in Book keeping
  • Accounts Journal and Journalizing Accounting Transactions
  • Ledger and Preparation of Ledger from the Journal
  • Preparation of Trial Balance from the Account Balance
  • Preparation of Final Account - Trading and Profit & Loss Account and Balance Sheet
  • Manufacturing Account and their Preparation
  • Income and Expenditure Account - Preparation

Who Should Attend!

  • commerce / non commerce students, Accounts job seekers, Employees etc