About the Course
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 CoveredAccounting - An Introduction
Accounting Concepts and Conventions
Recording of Transactions
Rules of Accounting
Journal/Books of original entry
Errors and their Rectifications
Trial Balance and Errors
Who should attendXI Commerce students, non-finance professionals who aspire to become CAs, CWAs, MBAs, etc and commerce students who want to make their fundas strong.
Pre-requisitesAn interest to strenthen fundamentals and all those who desire to learn more.
Age no bar
What you need to bringA positive attitude
Key TakeawaysUnderstand 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