Introduction | Accounting terms
Accounting | Event and transaction | Bookkeeping and accounting | Stakeholders in business | Important business terms
Capital and revenue transactions | Accounting principles
Capital and revenue expenditure | Capital and revenue receipt | Accounting concepts and conventions | Double entry system of bookkeeping
Account | Traditional and modern rules
Account | Classification of account | Debit and credit | Traditional and modern rules relating to accounts
Journal
What is journal | Journal preparation
Ledger | Trail balance
What is ledger | Ledger posting | Ledger balancing
Cash book and its types
Types of cash book and discount
Bank reconciliation statement
Depreciation
Depreciation and its causes | Needs for charging depreciation | Factors considered for depreciation | depreciation methods.
Inventory valuation
FIFO | LIFO
Trail balance
Trail balance preparation
Trading and profit and loss account
Trading account and its preparation | Profit and loss account and its preparation
Yearend adjustment entries
Adjustments regarding final accounts
Balance sheet
Preparation of balance sheet | Problems with final accounts