Balance the Balance Sheet

Does a balance sheet scare you? Do numbers in accounts worry you? Do you skip problems that can guarantee you marks and instead go for theory questions, which involves 'mugging up'? If your answer is YES then this course is for you. Become friends with numbers, learn the basics of debit and credit and master the art of Accountancy in this Basic Accounting Module

Topics Covered

Accounting - An Introduction Accounting Concepts and Conventions Recording of Transactions Rules of Accounting Journal/Books of original entry Ledger Errors and their Rectifications Trial Balance and Errors

Who should attend

XI Commerce students, non-finance professionals who aspire to become CAs, CWAs, MBAs, etc and commerce students who want to make their fundas strong.

Pre-requisites

An interest to strenthen fundamentals and all those who desire to learn more. Age no bar

What you need to bring

A positive attitude

Key Takeaways

Understand the Need, Meaning, Definition, Objectives & Advantages of Book-Keeping. Distinguish between Book-Keeping and Accounting Understand the Basic Accounting Concepts Know the Rules of Debit and Credit Know the Procedure for Balancing and the Significance of Balances. Know the Relationship between Journal and Ledger. Know the Meaning, Purpose, Content and Format of Trading, Profit and Loss Account and Balance Sheet. Understand the Differences between Trial Balance and Balance Sheet. Prepare the Final Accounts