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  • Introduction to Book Keeping and Accountancy
  1. Book-keeping
  2. Process of Book keeping
  3. Accountancy
  4. Difference between Book-keeping and Accountancy
  5. Accounting as Science and Art
  6. Objective of Book-keeping and Accountancy
  7. Advantages of Book-keeping and Accountancy
  8. Basic Accounting Terminology
  • Basic Accounting Concepts 
  1. Meaning of GAAP
  2. Business Entity Concept
  3. Money Measurement Concept
  4. Going Concern Concept
  5. Accounting Period Concept
  6. Dual Aspects Concept
  7. Double Entry System- Characteristics, Advantages and disadvantages
  • Documents and Accounting Equation

  1. Origin of Transaction
  2. Source Documents/Vouchers
  3. Accounting Voucher and its types
  4. Accounting Equation
  5. Analysis of Transactions
  6. Computation-Classification of Transactions
  • Rules of Debit and Credit-Journal
  1. The Concept of Debit and Credit
  2. Definition of Debit and Credit
  3. Books of Original Entry
  4. Rules for Debit and Credit (American Approach)
  5. Traditional Rules of Debit and Credit
  6. Meaning of Journal
  7. Compound Or Composite Journal Entries
  8. Opening Journal Entry
  9. Closing Journal Entry
  10. Summarized Presentation of Journal Entries
  11. Advantages/Need of Journal
  12. Limitations of Journal
  •  Non-Cash Transactions-Subsidiary Books
  1. Subsidiary Books/Sub-division of journal
  2. Classification of Non cash transactions
  3. Special Journal: Purchases Book or Purchases Journal, Sales Book or Sales Journal, Purchases return Book and Sales Return Book
  4. Journal Proper or General Journal
  5. Opening and Closing Journal Entries
  6. Theoretical Questions – Non-Cash Transactions-Subsidiary Books
  • Ledger Accounts
  1. Meaning of Ledger Accounts
  2. Classification of Ledger Accounts
  3. Importance/Advantages of Ledger Accounts
  4. Ledger Posting from Journal Entries
  5. Balancing of Ledger Accounts
  6. Ledger Posting from Cash Book
  7. Ledger Posting from Purchases Book
  8. Ledger Posting from Sales Book
  9. Summary of Rules of Posting from Subsidiary Book
  10. Distinction between Journal and Ledger
  11. Theoretical Questions – Ledger Accounts
  • Trial Balance
  1. Meaning of Trial balance
  2. Special features of Trial balance
  3. Limitations of Trial balance
  4. Methods of Preparing Trial balance
  5. List of Important accounts and their balances
  6. Theoretical Questions – Trial Balance
  • Final Accounts (Without Adjustments)
  1. Meaning of Final Accounts/Financial Statements
  2. Limitation of Final Accounts
  3. Trading Account
  4. Need of Trading Account
  5. Performa of Trading Account
  6. Profit and Loss Account 
  7. Need/Purpose and Importance of Profit and Loss Account
  8. Performa of Profit and Loss Account
  9. Balance Sheet
  10. Feature, Need and Main Objectives of Balance Sheet
  11. Difference between Profit Loss Account and Balance Sheet
  12. Proforma of Balance Sheet
  13. Points to be considered while Preparing Final Accounts
  14. Theoretical Questions
  •  Final Accounts (With Simple Adjustments)
  1. Adjustments/ Additional Information in preparation of Final Accounts
  2. Depreciation in the Value of Assets
  3. Appreciation in the Value of Assets
  4. Outstanding Expenses
  5. Prepaid Expenses
  6. Accrued or Outstanding Expenses
  7. Unearned Income
  8. Interest on Capital
  9. Interest on Drawings
  10. Interest and Dividend on Investment
  11. Interest on Loan
  12. Bad Debts (Not in Adjustment)
  13. Provision for Bad and Doubtful Debts (Adjustment)
  14. Further Bad Debts (Adjustment)
  15. Provision for Bad and Doubtful Debts (Given in the Trial Balance)
  16. Provision for Discount on Debtors
  17. Closing stock
  18. Summarized Presentation of Adjustments
  19. Theoretical Questions
  •  Bank Reconciliation Statement and Three Column Cash Book
  1. Meaning of Bank Reconciliation Statements
  2. Need and Importance of Bank Reconciliation Statements
  3. Preparation of Bank Reconciliation Statements
  4. Steps for Preparation of Bank Reconciliation Statements
  5. Important Notes and Explanations Regarding Preparation
  6. Cash Book with Discount Column
  7. Cash Bok with Discount and Bank Column or Three Column Cash Book


  •  Errors and their Rectification
  1. Errors Affecting or disclosed by Trial Balanc
  2. Errors of Omission, Errors of Commission
  3. Errors in the Subsidiary Books and their Rectification
  4. Errors of Principle
  5. Treatment of Capital and Revenue / Expenditure
  6. Treatment of Proprietor’s Withdrawal
  7. Errors of recording in incorrect subsidiary books


  •  Depreciation
  1. Meaning of Depreciation
  2. Depreciation: Features, Causes, Objectives and Factors
  3. Fixed or Equal Installment or Straight Line Method or Depreciation on Original Cost
  4. Advantages and disadvantages of Straight Line Methods
  5. Diminishing or Reducing or Written down Value Method
  6. Difference between Straight Line and Diminishing Balance Method
  7. Depreciation Review Questions