Lesson Details

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Basic Accounting

25 Mins P 1,200
tutor_image Singh
Book Keeping

Accounting or accountancy is the measurement, processing and communication of financial information about economic entities.


 Regarding Camera Usage


I require both parties to have the camera on. Thank you for your understanding. If you don't have a camera and want to use the audio then I may or may not accept your request . Please let me know about this if  you have issues in this area.



Topics to be covered in the course 


  •  Aims and Objectives

  •  Introduction

  •  Book- Keeping



  1. Meaning

  2. Definition

  3. Objectives



  • Accounting



  1. Meaning

  2. Definition

  3. Objectives

  4. Importance

  5. Functions

  6. Advantages

  7. Limitations



  • Methods of Accounting



  1. Single Entry

  2. Double Entry

  3.  Steps involved in double entry system

  4. Advantages of double entry system



  •  Meaning of Debit and Credit

  •  Types of Accounts and its rules



  1. Personal Accounts

  2. Real Accounts

  3. Nominal Accounts



  •  Distinction between Book Keeping and Accounting

  •  Branches of Accounting



  1. Financial Accounting

  2. Cost Accounting

  3. Management Accounting 

Material: Flexible

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