Introduction To Accountancy

This masterclass will help the school going students who are planning to take commerce and want to take knowledge of accountancy. 

After this master class students will be more confident and eager to enhance there knowledge in accounting. Surely it will benefit the students to understand the current picture of business world from the point of view of accounting. 

All kind of doubts and queries will be taken separately after the class and more details will be shared to join the class. 

Following topics you will understand in our master class. 

1. Introduction to Accounting:

   • Definition and purpose of accounting.
   • Users of financial information.
   • Types of accounting 

2. Fundamental Accounting Equation:

   • The basic equation: Assets = Liabilities + Owner's Equity.
   • Explanation of assets, liabilities, and owner's equity.

3. Double-Entry Bookkeeping:

   • Concept of double-entry.
   • Debits and credits.
   • T-accounts and the chart of accounts.
   • Recording transactions using debits and credits.

4. Financial Statements:

   • Income statement: Revenue, expenses, and net income.
   • Balance sheet: Assets, liabilities, and owner's equity. 

For more information and queries kindly contact or whatsApp on 98-71-21-8370.