BUSINESS ACCOUNTING

1️⃣ Fundamentals of Accounting

• Introduction to Accounting

• Types of Accounts

• Golden Rules of Accounting

• Accounting Principles & Concepts

• Accounting Standards (Basic)

2️⃣ Journal & Ledger

• Journal Entries

• Ledger Posting

• Subsidiary Books

• Cash Book

• Purchase Book

• Sales Book

• Journal Proper

3️⃣ Trial Balance

• Meaning of Trial Balance

• Preparation of Trial Balance

• Rectification of Errors

• Suspense Account

4️⃣ Final Accounts

• Trading Account

• Profit & Loss Account

• Balance Sheet

• Adjustments in Final Accounts

5️⃣ Bank Reconciliation

• Bank Reconciliation Statement (BRS)

• Reasons for Difference

• Practical Preparation of BRS

6️⃣ Depreciation Accounting

• Meaning of Depreciation

• Straight Line Method (SLM)

• Written Down Value Method (WDV)

• Depreciation Journal Entries

7️⃣ Inventory / Stock Accounting

• Stock Valuation

• FIFO Method

• LIFO Method

• Weighted Average Method

8️⃣ GST Accounting Basics

• Introduction to GST

• GST Types (CGST, SGST, IGST)

• Input Tax Credit

• GST Entries in Accounting