This class is for Class 11 Accounting students. This class is suitable for all students who want to learn accounting from the scratch. The students of other grades who face difficulty in understanding accounting or college students with non-accounting background can also attend the class.
The class will cover the basics of debit and credit, concept of journal entries and important journal entries.
After attending the class, the students will be able to understand the following concepts:
- Meaning of business transactions
- Impact of business transactions
- Concept of debit and credit
- Rules of debit and credit
- Meaning of Journal and Subsidiary Books
- Format and preparation of journal
- Understanding the concept of Assets, Liabilities and Capital
- Brief understanding of types of assets and types of liabilities
- Recording of basic business transactions in Journal
The students should have have a notebook, ruler and a pen with them to have a holistic learning experience in the class.