Created by Vinod Kumar ( Educator)
Please Answers my 5 questions before buying my 11th Class Accounting Course.
Question : 1. Have you biggest goal in accounting?
Question : 2. Do you think, understanding all the accounting concept in 11th class will be the base of building of your accounting expertisation?
Question : 3. Do you have lots of fundamental problems in accounting?
Question : 4. Do you do lots mistake in your 11th accounting problems?
Question : 5. Do you understand concept more simple way?
If your answer is yes, it means, you are on right place. Get this course by using above Download Now button.
Course Content
8 Units . 151 Lectures
Unit 1: Theoretical Framework
- Introduction of IFRS
- IFRS VS Indian GAAP
- Meaning of Accounting
- Objectives of Accounting
- Need for Accounting
- Functions of Accounting
- Advantages of Accounting
- Limitations of Accounting
- Types of Accounting Information
- Users of Accounting Information and their Needs
- Basic Accounting Terms
- Fundamental Accounting Assumptions
- Accounting Principles
- Process of Accounting
- Bases of Accounting
- Accounting Standards and IFRS
Unit 2: Accounting Process
- Accounting Equation
- Rules of Debit and Credit
- Invoice
- Pay in Slip
- Types of Vouchers
- Journal
- Cash Book
- Petty Cash Book
- Purchases Book
- Sales Book
- Purchases Returns Book
- Sales Returns Book
- Journal Proper
- Preparation of Bank Reconciliation Statement
- Ledger
- Rules of Posting
- Trial Balance
Unit 3: Depreciation, Provisions and Reserves
- Meaning of Depreciation
- Methods of Computation of Depreciation
- Provision for Depreciation
- Straight Line Method Vs Written Down Value Method
- Disposal of Asset Account
- Types of Reserves
- Secret Reserves Examples
- Revenue Reserve Vs Capital Reserve
- Provision Vs Reserve
Unit 4: Accounting for Bills of Exchange
- Accounting of Bills of Exchange
- Journal Entries of Bill of Exchange
- Bill Discounting with Bank Journal Entries
- Endorsement of Bill Journal Entries
- Bill Sent to Bank for Collection Journal Entries
- Bill Dishonour Journal Entries
- Bill Discounted Dishonoured Journal Entries
- Endorsed Bill Dishonoured Journal Entries
- Insolvency of Acceptor of Bill Journal Entries
- Accommodation Bill Journal Entries
- Accommodation Bill Journal Entries - Part 2
Unit 5: Rectification of Errors
- Errors
- Detection and Rectification of Errors
- Balance Sheet Vs Statement of Affairs
- Not for Profit Organisation Vs Profit Organisations
Unit 6: Financial Statements of Sole Proprietorship
- Meaning of Financial Statements
- Objective of Financial Statements
- Tangible Assets vs Intangible Assets
- Trading Account
- Profit and Loss Account
- Balance Sheet
- Adjustment in Preparation of Financial Statements - Part 1
- Adjustment in Preparation of Financial Statements - Part 2
- Adjustment in Preparation of Financial Statements - Part 3
- Adjustment in Preparation of Financial Statements - Part 4
- Final Accounts Examples
Unit 7: Accounts from Incomplete Records
- How to Prepare Accounts from Incomplete Records
- Profit or Loss from Incomplete Records Practical Question
- How to Make Financial Statement from Incomplete Records
- Difference between Balance Sheet and Statement of Affairs
Unit 8: Introduction to Accounting Information System
- Meaning of Accounting Information System
- Application of Computer in Accounting
- Purpose of Accounting Information System