Manual Accounting

Manual Accounting Course content

MODULE 1 -INTRODUCTION TO ACCOUNTING :

  • Importance of Accounting.
  • Book Keeping & its process.
  • Accounting Cycle.
  • Accounting terms.
  • Accounting Principles
  • Cash basis and accrual basis accounting

MODULE 2 – JOURNAL:

  • Double entry system.
  • Account & Classification of Accounts.
  • Debit & Credit .
  • Explanation of Source Documents – Cash Memo, Invoice, Receipt, Debit Note, Credit Note, Pay in slip & Vouchers
  • Accounting Equation.
  • Rules of Accounting.
  • Journalizing –Format & Journal Posting.
  • Advantages of Journal.

MODULE 3 – LEDGER:

  • Introduction to Ledger.
  • Format for Ledger.
  • Procedure for Posting:
  • Balance an Account.
  • Difference b/w Journal & Ledger.

MODULE 4 – SUBSIDIARY BOOKS:

  • Introduction to Subsidiary Books.
  • Difference b/w Subsidiary & Primary Books Purchase Book
  • Sales Book
  • Purchase Return Book
  • Sales Return Book

MODULE 5 – CASH BOOKS:

  • Introduction to Cash Book.
  • Kinds of Cash Book
  • Posting Cash Book Entries.
  • Petty Cash Book.

MODULE 6 – BANK RECONCILAITION STATEMENT:

  • Bank Pass Book
  • Cash Pass Book
  • Bank reconciliation statement.
  • Procedure of Bank reconciliation statement & Format.

MODULE 7 – TRIAL BALANCE:

  • Introduction to Trial Balance.
  • Objectives of Trial Balance
  • Limitations of Trial Balance.
  • Methods of Preparation of Trial Balance.
  • Adjusted Trial Balance.
  • Rules of preparing Trial Balance.

MODULE 9 – CAPITAL & REVENUE TRANSACTIONS:

  • Explanation of Capital Transactions.
  • Explanation of Revenue Transactions.
  • Explanation of Deferred Revenue Transactions.
  • Capital Profit / revenue Profit.

MODULE 10 – FINAL ACCOUNTS:

  • Introduction to Final Accounts.
  • Parts of Final Accounts.
  • Explaining Trading Account & Format.
  • Practicing of Trading Account.
  • Introduction & Format of Profit/Loss Account.
  • Explaining of the Items appearing in the account.
  • Practicing the Problems related to Trading & P/L account.
  • Introduction & Format of Balance Sheet
  • Explaining of the Items appearing in the account.
  • Explaining the Classification of Assets & Liabilities.
  • Practicing the Problems related to balance sheet.