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| Item Details | Price | ||
|---|---|---|---|
Master the Language of Business — From Basics to Balance Sheet
Instructor: CA N Raja
Language: English
Validity Period: 365 days
Validity Period: Lifetime
Welcome to the Most Comprehensive Course on Accounting Basics!
If you’ve ever wondered how to truly understand Accounting — not just memorize journal entries — this course is for you.
“Accounting Basics – A Complete Study” takes you from the very foundation — What is Accounting and Why It’s Needed — all the way to complex topics like Final Accounts, Partnership Accounting, and Company Accounts, explained through hundreds of practical case studies.
Every concept is taught through digital handwritten lessons, Excel-based illustrations, and solved video case studies that make learning not just easy, but enjoyable.
Who Should Take This Course?
Are you:
- A beginner struggling to understand basic accounting terms and concepts?
- Confused about how debit and credit really work?
- Finding it hard to grasp journal entries, ledgers, trial balance, rectification of errors, and final accounts?
- Wanting to confidently handle partnership accounts or company accounts?
Then this course is tailor-made for you.
Why You Should Take This Course?
Accounting is the language of business — and this course helps you speak it fluently. You won’t just learn definitions or theory; you’ll see accounting in action through hundreds of real-life case studies and practical illustrations.
Our approach is simple — Learn by Doing. You’ll analyze real transactions, pass journal entries, prepare ledgers, and build financial statements — exactly like how it’s done in the real world.
What You’ll Learn?
This is a complete journey through Accounting, starting from fundamentals and moving into advanced practical areas. You’ll master every essential topic, including:
Each topic is explained step-by-step with examples, making even the most complex ideas crystal clear.
How the Course is Structured
This course is designed for self-paced learning with maximum engagement.
Each concept is broken into micro lectures, followed by illustrative examples and real-world case studies.
With blackboard-style video lessons, handwritten notes, and Excel demonstrations, you’ll feel like you’re attending a live classroom — but with the flexibility to learn anytime, anywhere.
Pre-requisites
All you need is:
- A keen interest to learn Accounting
- A good internet connection for smooth video playback
No prior accounting knowledge is required — we start from absolute zero.
How This Course Will Benefit You?
By the end of this course, you will:
- Understand every accounting concept with clarity
- Solve complex accounting problems confidently
- Handle real-life accounting tasks with ease
- Gain a strong foundation to advance into financial analysis, auditing, or managerial finance.
This course is based on the Accounting Framework adopted in India, but the principles are globally relevant — making it valuable for learners everywhere.
In Short:
If you want to build your accounting knowledge from scratch, master it through practical examples, and gain confidence to handle real-world financial records, then this course is your ultimate learning companion.
Enroll now in “Accounting Basics – A Complete Study” and start your journey toward becoming financially fluent!
| Chapter 1 Introduction to Accounting | |||
| Welcome Lecture | |||
| 2610.mp4 | |||
| Introduction to Accounting | |||
| 2342.mp4 | |||
| Evolution of Accounting | |||
| 2343.mp4 | |||
| Definition of Accounting | |||
| 2344.mp4 | |||
| Economic Event | |||
| 5306- | |||
| Identification, Measurement, Recording & Communication | |||
| 5307- | |||
| Organisation | |||
| 5312- | |||
| Accounting Cycle | |||
| 2345.mp4 | |||
| Importance of Accounting | |||
| 2346.mp4 | |||
| Branches of Accounting | |||
| 2347.mp4 | |||
| Bases of Accounting | |||
| 2348.mp4 | |||
| Users of Accounting Information | |||
| 2349.mp4 | |||
| Qualitative Characteristics of Accounting Information | |||
| 5313- | |||
| Objectives of Accounting | |||
| 5325- | |||
| Role of Accounting | |||
| 5345- | |||
| Role of an Accountant | |||
| 2350.mp4 | |||
| Multiple Choice Questions - Section 1 | |||
| 2351.mp4 | |||
| Chapter 2 Book Keeping | |||
| Book Keeping - An Introduction | |||
| 2352.mp4 | |||
| Features of Book Keeping | |||
| 2353.mp4 | |||
| Objectives of Book Keeping | |||
| 2354.mp4 | |||
| Advantages & Limitations of Book Keeping | |||
| 2355 r.mp4 | |||
| Book Keeping Vs Accounting | |||
| 2356.mp4 | |||
| Chapter 3 Technical Terms In Accounting | |||
| Transaction | |||
| 1213 cfa1213.mp4 | |||
| capital | |||
| 1215 cfa1215.mp4 | |||
| Assets | |||
| 1217 cfa1217.mp4 | |||
| Liabilities | |||
| 1219 cfa1219.mp4 | |||
| Drawings | |||
| 1221 cfa1221.mp4 | |||
| Debtors | |||
| 1223 cfa1223.mp4 | |||
| Creditors | |||
| 1225 cfa1225.mp4 | |||
| Purchase & Purchase Returns | |||
| 1227 cfa1227.mp4 | |||
| Sales & Sales Returns | |||
| 1229 cfa1229.mp4 | |||
| Voucher | |||
| 1231 cfa1231.mp4 | |||
| Invoice | |||
| 1233 cfa1233.mp4 | |||
| Revenue & Expenses | |||
| 1235 cfa1235.mp4 | |||
| Stocks | |||
| 1237 cfa1237.mp4 | |||
| Account | |||
| 1239 cfa1239.mp4 | |||
| Chapter 4 Accounting Assumptions, Concepts & Principles | |||
| Accounting Principles | |||
| 2370.mp4 | Preview | ||
| Business Entity Concept | |||
| 2371.mp4 | |||
| Basic Assumptions in Accounting | |||
| 21-Basic-Assumptions-in-Accounting | |||
| Basic Concepts in Accounting | |||
| 22-Basic-Concepts-in-Accounting | |||
| Basis of Accounting | |||
| 5351- | |||
| Systems of Accounting | |||
| 5352- | |||
| Fundamental Principles of Accounting | |||
| 23 Fundamental Principles of Accounting.mp4 | |||
| Case study on Cash, Accrual and Hybrid Basis Accounts | |||
| 787 cfa787.mp4 | |||
| Accounting Standards | |||
| 5353- | |||
| Chapter 5 Accounting Equation | |||
| Business Transactions and Source Document | |||
| 5354- | |||
| Accounting Equation (Talking Head) | |||
| Re-Process | Preview | ||
| accounting equation case-1 | |||
| 2490.mp4 | Preview | ||
| accounting equation case-2 | |||
| 2491 | |||
| accounting equation case-3 | |||
| 2492.mp4 | |||
| accounting equation case-4 | |||
| 2493.mp4 | |||
| accounting equation case-5 | |||
| 2494.mp4 | |||
| Accounting Equation Case Study | |||
| Accounting-Equation-Case-Study-1.mp4 | |||
| Accounting Equation Case Study | |||
| Accounting-Equation-Case-Study2.mp4 | |||
| Accounting Equation Comprehensive Example | |||
| 37-Accounting-Equation-Comprehensive-Example.mp4 | |||
| Using Debit and Credit | |||
| 5355- | |||
| Chapter 6 Double Entry System | |||
| introduction to Traditional approach | |||
| 2367.mp4 | |||
| golden rules of accounting | |||
| 2368.mp4 | |||
| Application of Rules of Double Entry System | |||
| 2374.mp4 | |||
| Double Entry System | |||
| 2376.mp4 | |||
| Principles of Double Entry System | |||
| 2378.mp4 | |||
| Analysis of Transactions for Passing Accounting Entries (Part 1) | |||
| 2379.mp4 | |||
| Analysis of Transactions for Passing Accounting Entries (Part 2) | |||
| 2380.mp4 | |||
| Analysis of Transactions for Passing Accounting Entries (Part 3) | |||
| 2381.mp4 | |||
| Chapter 7 Basic Accounting Procedures | |||
| Basic Accounting Procedures Final | |||
| 29-Basic-Accounting-Procedures-Final | |||
| Cash Memo and Invoice | |||
| 30-Cash-Memo-and-Invoice | |||
| Debit and Credit Notes | |||
| 32-Debit-and-Credit-Notes | |||
| Pay in Slip and Cheque | |||
| 33-Pay-in-Slip-and-Cheque.mp4 | |||
| Voucher | |||
| 34-Voucher.mp4 | |||
| Chapter 8 Journalising Process | |||
| Books of Original Entry | |||
| 39-Books-of-Original-Entry | |||
| Steps in Journalising | |||
| 40-Steps-in-Journalising | |||
| Journalising Comprehensive Examples | |||
| 41-Journalising-Comprehensive-Examples | Preview | ||
| Case Study 1 Journalise Transaction | |||
| 2382 | |||
| Case Study 7 Journalise Transaction | |||
| 2392 | |||
| Case Study 8 Journalise Transaction | |||
| 2393 | |||
| Multiple Choice Questions - Accounting Equation and Journal Entries | |||
| 2394 | |||
| Capital and Drawings | |||
| 42 Capital and Drawings | |||
| Bank Account Transactions | |||
| 43 Bank Account Transactions | |||
| Accounting entry for Capital Contribution | |||
| Accouting Entry Case study 1 | |||
| Accounting entry for Cash Receipt | |||
| Accounting entry case study 2 | |||
| Accounting Entry for Cash Payment | |||
| Accounting-entry-case-study-3 | |||
| Accounting Entry for cash Sales | |||
| Acccounting-Entry-for-cash-Purchase | |||
| Accounting Entry for Banking Transaction | |||
| Accounting-Entry-for-Banking-Transaction | |||
| Accounting Entry for Drawings Case Study | |||
| Accounting-Enrty-for-Drawings-Case-Study | |||
| Accounting Entry for Cash Purchase | |||
| Accounting-Entry-for-Cash-Purchase | |||
| Accounting Entry for Credit Purchase | |||
| Accounting-Entry-for-Credit-Purchase | |||
| Accounting Entry for Cheque receipt | |||
| Accounting-Entry-for-Cheque-receipt | |||
| Accounting Entry for Cheque receipt and deposit | |||
| Accounting-Entry-for-Cheque-receipy-and-deposit | |||
| Accounting Entry for commission Income | |||
| Accounting Entry for commission Income | |||
| Accounting Entry for Credit Sales | |||
| Accounting Entry for Credit Sales | |||
| Accounting Entry for Drawings | |||
| Accounting Entry for Drawings | |||
| Accounting Entry for Payment through Cheque | |||
| Accounting Entry for Payment through Cheque | |||
| Accounting Entry for Purchase Return | |||
| Accounting Entry for Purchase Return | |||
| Accounting Entry for Salary in cash | |||
| Accounting Entry for Salary in cash | |||
| Accounting Entry for Sales Return | |||
| Accounting Entry for Sales Return | |||
| Compound Entry | |||
| 44 Compound Entry | |||
| Compound Journal Entry | |||
| Compound Journal Entry | |||
| Compound Journal Entry Case Study | |||
| Compound Journal Entry Case Study | |||
| Analysis of Transactions for Passing Accounting Entries (Part 2) | |||
| 2380 | |||
| Case Study 2 Journalise Transaction | |||
| 2383 | |||
| Case Study 3 Journalise Transaction | |||
| 2384 | |||
| Case Study 4 Journalise Transaction | |||
| 2385 | |||
| Case Study 5 Journalise Transaction | |||
| 2386 | |||
| Chapter 9 Ledger | |||
| Ledger | |||
| 45 Ledger | |||
| Utility of Ledger | |||
| 46 Utility of Ledger | |||
| Ledger Format | |||
| 47 Ledger Format | |||
| Ledger for real personal nominal accounts | |||
| 48 Ledger for real personal nominal accounts | |||
| Posting and Procedure | |||
| 49 Posting and Procedure | |||
| Ledger Case Study 1 | |||
| 50 Ledger Case Study 1 | |||
| Ledger Case Study 2 | |||
| 51 Ledger Case Study 2 | |||
| Posting of Compound Entries to Ledger | |||
| 52 Posting of Compound Entries to Ledger | |||
| Posting Opening Entry in Ledger | |||
| 53 Posting Openign Entry in Ledger | |||
| Balancing an Account | |||
| 54 Balancing an Account | |||
| Balancing of Different Accounts | |||
| 55 Balancing of Different Accounts | |||
| Procedure for Balancing | |||
| 56 Procedure for Balancing | |||
| Difference between Journal and Ledger | |||
| 57 Diff btwn Journal and Ledger | |||
| case-1 journal and ledger | |||
| 2409 | |||
| case-2 ledger accounts from opening entry | |||
| 2410 | |||
| case-3 ledger posting from compont entry | |||
| 2411 | |||
| case study -4 ledger accounts from opening entry | |||
| 2489 | |||
| Chapter 10 Subsidiary Books covering Sales and Purchase Books | |||
| Subsidiary Books need and advantage | |||
| 58 Subsidiary Books need and advantage | |||
| Purchase Book | |||
| 59 Purchase Book | |||
| Case Study on Purchase Book | |||
| 60 Case Study on Purchase Book | |||
| Sales Book | |||
| 61 Sales Book | |||
| Sales Book Case Study | |||
| 62a Sales Book Case Study | |||
| Chapter 11 Purchase Return and Sales Return Books | |||
| Return Books | |||
| 63 Return Books | |||
| Purchase Return Book | |||
| 64 Purchase Return Book | |||
| Purchase Return Book Case Study | |||
| 65 Purchase Return Book Case Study | |||
| Sales Return Book | |||
| 66 Sales Return Book | |||
| Sales Return Book Case Study | |||
| 67 Sales Return Book Case Study | |||
| Chapter 12 Cash Book | |||
| Cash Book | |||
| 1 Cash Book | |||
| Kinds of Cash Book | |||
| 2 Kinds of Cash Book | |||
| Single Column Cash Book | |||
| 3 Single Column Cash Book | |||
| Case Study Single Column Cash Book | |||
| 4 Case Study Single Column Cash Book | |||
| Double Column Cash Book with Disc Column | |||
| 5 Double Column Cash Book with Disc Column | |||
| Case Study Double Column Cash Book with Discount Colum | |||
| 6 Case Study Double Column Cash Book with Discount Colum | |||
| Double Colum Cash Book with Bank Column | |||
| 7 Double Column Cash Book Bank Column REVISED | |||
| Case Study Double Column Cash Book with Bank Column | |||
| 8 Case Study Double Column Cash Book with Bank Column | |||
| Key Points in Cash Book | |||
| 9 Key Points in Cash Book | |||
| Triple Column Cash Book | |||
| 10 Triple Column Cash Book | |||
| Case Study Triple Column Cash Book | |||
| 11 Case Study Triple Column Cash Book | |||
| Chapter 13 Bills of Exchanges and related Books | |||
| Bill of Exchange | |||
| 68 Bill of Exchange | |||
| BoE Technical Terms Part I | |||
| 69 BoE Technical Terms Part I | |||
| BoE Technical Terms Part II | |||
| 70 BoE Technical Terms Part II | |||
| BoE Technical Terms Part III | |||
| 71 BoE Technical Terms Part III | |||
| Bills Books | |||
| 72 Bills Books | |||
| What is Promissory Note? | |||
| 5392- | |||
| Parties to a Promissory Note | |||
| 5393- | |||
| Difference between Bill of Exchange and Promissory Note | |||
| 5394- | |||
| Advantages of Bill of Exchange | |||
| 5395- | |||
| Maturity of Bill | |||
| 5396- | |||
| Accounting Treatment - In the Books of Drawer | |||
| 5397- | |||
| Accounting Treatment - In the Books of Drawee | |||
| 5398- | |||
| Bills of Exchange - Journal Entries - Problem | |||
| 5399- | |||
| Dishonour of a Bill | |||
| 5409 | |||
| Case study - Bill endorsed in favour of credited and met on maturity | |||
| 5410 | |||
| Case Study - Bill Dishonoured and alternate settlement accounting | |||
| 5411 | |||
| Case Study - Bill Dishonoured and accounting effects | |||
| 5412 | |||
| Chapter 14 Journal Book / Journal Proper | |||
| Journal Proper | |||
| 73 Journal Proper | |||
| Chapter 15 Trial Balance | |||
| Trial Balance | |||
| 74 Trial Balance | |||
| Objectives of Preparing the Trial Balance | |||
| 5357- | |||
| Methods and formats of Trial Balance | |||
| 74 Methods and formats of TB | |||
| Trial Balance Case Study | |||
| 75 Trial Balance Case Study | |||
| case-1 trial balance | |||
| 2412 | |||
| case-2 trial balance | |||
| 2413 | |||
| case-3 trial balance | |||
| 2414 | |||
| case-4 trial balance | |||
| 2415 | |||
| case-5 trial balance | |||
| 2416 | |||
| case-6 trial balance | |||
| 2417 | |||
| case-7 trial balance | |||
| 2418 | |||
| case-8 trial balance | |||
| 2420 | |||
| case-9trial balance | |||
| 2419 | |||
| Chapter 16 Errors in Accounting | |||
| Errors in Accounting | |||
| 76 Errors in Accounting | |||
| Error of Principle | |||
| 77 Error of Principle | |||
| Error of Omission | |||
| 78 Error of Omission | |||
| Error of Commission | |||
| 79 Error of Commission | |||
| Compensating Errors | |||
| 80 Compensating Errors | |||
| Errors and Trial Balance | |||
| 81 Errors annd Trial Balance | |||
| Case Study on Errors and effect on Trial Balance | |||
| 82 Case Study on Errors and effect on TB | |||
| Steps to Locate Errors | |||
| 83 Steps to Locate Errors | |||
| Suspense Account | |||
| 84 Suspense Account | |||
| Case Study Suspense Account | |||
| 85 Case Study Suspense Acount | |||
| Chapter 17 Case Studies in Rectification of Errors | |||
| Rectification of Errors | |||
| 86 Rectification of Errors | |||
| Case Study 1 Rectification of Errors | |||
| 87 Case Study 1 Rectification of Errors | |||
| Case Study 2 Rectification of Errors | |||
| 88 Case Study 2 Rectification of Errors | |||
| Case Study 3 Rectification of Errors | |||
| 89 Case Study 3 Rectification of Errors | |||
| Case Study 4 Rectification of Errors | |||
| 90 Case Study 4 Rectification of Errors | |||
| Case Study 5 Rectification of Errors | |||
| 91 Case Study 5 Rectification of Errors | |||
| Case Study 6 Rectification of Errors - Copy | |||
| 92 Case Study 6 Rectification of Errors - Copy | |||
| Case Study 7 Rectification with Suspense AC | |||
| 93 Case Study 7 Rectification with Suspense AC | |||
| Chapter 18 Bank Reconciliation Statement | |||
| Cash Book and Bank Book | |||
| 1 Cash Book and Bank Book | |||
| Bank Pass Book | |||
| 2 Bank Pass Book | |||
| Difference between Cash Book (with Bank Column) and Pass Book. | |||
| 3 Difference between Bank Book and Pass Book | |||
| Bank Reconciliation Statement | |||
| 4 Bank Reconcilation Statement | |||
| Importance of BRS | |||
| 5 Importance of BRS | |||
| Causes for Disagreement | |||
| 6 Causes for disagreement | |||
| 1st Disagreement cheque paid not collected | |||
| 7 1st Disagreement cheque paid not collected | |||
| 2nd Disagreement cheque issued not presented | |||
| 8 2nd Disagreement cheque issued not presented | |||
| 3rd Disagreement Amount directly credit by Bank w/o knowledge of company | |||
| 9 3rd Disagreement Amt Cr by Bank | |||
| 4th Disagreement Amount directly Debited by Bank w/o knowledge of company | |||
| 10 4th Disagreement amt Dr by Bank | |||
| Bank Overdraft | |||
| 11 Bank Overdraft | |||
| Overview of Bank Reconciliation Statement | |||
| 12 BRS Sample Statement | |||
| Procedure for preparing Bank Reconciliation Statement | |||
| 13 Procedure for preparing BRS | |||
| Format of Bank Reconciliation Statement | |||
| 14 BRS Format | |||
| Case 2-Bank Reconciliation Statement | |||
| 2427 | |||
| Case 4-Bank Reconciliation Statement | |||
| 2429 | |||
| Case 5-Bank Reconciliation Statement | |||
| 2430 | |||
| Case 6-Bank Reconciliation Statement | |||
| 2431 | |||
| Chapter 19 Final Accounts | |||
| Introduction to final accounts | |||
| 2594 | |||
| Stakeholders and their information requirements | |||
| 5400- | |||
| Trading and Profit and Loss Account | |||
| 5401- | |||
| closing stock | |||
| 2596 | |||
| Case-1 Closing stock | |||
| 2598 | |||
| Trading Account - Need and Format | |||
| 3 FA3r | |||
| Closing entries in Trading Account | |||
| 5 FA5r | |||
| Trading Accounts - Problem 1 | |||
| 1 FA1r | |||
| Trading Accounts - Problem 2 | |||
| 2 FA2r | |||
| Profit and Loss Account - Need and Format | |||
| 6 FA6r | |||
| Profit and Loss Account - Problem 1 | |||
| 7 FA7r | |||
| Trading and Profit and Loss Account - Problem 2 | |||
| 8 FA8r | |||
| Trading and Profit and Loss Account from Trial Balance - Problem 3 | |||
| 9 FA9r | |||
| Trading, Profit and Loss and Balance Sheet Problem 4 | |||
| 10 FA10r | |||
| Outstanding and Prepaid Expenses | |||
| 2600 | |||
| Prepaid Expenses | |||
| 2602 | |||
| Income Received in Advance | |||
| 2606 | |||
| Shortcut for Final account Adjustments | |||
| 2612 | |||
| 2612 | |||
| Interest on capital | |||
| 2614 | |||
| Interest on Drawings | |||
| 2616 | |||
| Interest on Loan Outstanding | |||
| 2619 | |||
| Interest on Investment Out Standing /Accrued | |||
| 2621 | |||
| Adjustments - Accrued Income and Income Received in Advance | |||
| 2604 | |||
| Depreciation | |||
| 2623 | |||
| Bad Debts | |||
| 2625 | |||
| Provision for Bad and Doubtful Debts | |||
| 2627 | |||
| Case-1 Provision for Bad and Doubtful Debts | |||
| 2629 | |||
| Adjustments - Provision for Bad and Doubtful Debts and Discount on Debtors | |||
| 9 BAD DEBTS PROVISION FOR BAD DEBTS AND DISCOUNT ON DEBTORS | |||
| Provision for Discount on Debtors | |||
| 2631 | |||
| Case-1 Provision for Discount on Debtors | |||
| 2633 | |||
| Case Study 1 - Provision for Bad and Doubtful Debts | |||
| FA 11 Problem on Provision for Bad and Doubtful Debts | |||
| Case Study 2 - Provision for Bad and Doubtful Debts | |||
| B PROBLEM ON PROVISION FOR BAD AND DOUBFUL DEBTS | |||
| Case Study 3 - Provision for Bad and Doubtful Debts | |||
| C PROBLEM ON PROVISION FOR BAD AND DOUBFUL DEBTS | |||
| Final Accounts Case Study 1 | |||
| FINAL ACCOUNTS PROBLEM PART 1 | |||
| Final Accounts Case Study 2 | |||
| FA 14 Illustration 8 Preparation of Trading, Profit and Loss Account with Adjustment | |||
| Final Accounts Case Study 3 | |||
| FA15 Illustration 9 Prepartion of Trading, Profit and Loss and Balance Sheet with Adjustment | |||
| Final Accounts Case Study 4 | |||
| FA 16 ILLUSTRATION 10 | |||
| Final Accounts Case Study 5 | |||
| FA21 PROBLEM 5 | |||
| Final Accounts Case Study 6 | |||
| FA22 PROBLEM 6 | |||
| Final Accounts Case Study 7 | |||
| FA23 PROBLEM 7 | |||
| Final Accounts Case Study 8 | |||
| FA24 PROBLEM 8 | |||
| Final Accounts Case Study 9 | |||
| FA25 PROBLEM 9 | |||
| Final Accounts Case Study 10 | |||
| FA26 PROBLEM 10 | |||
| Final Accounts Case Study 11 | |||
| FA27 PROBLEM 11 | |||
| Final Accounts Case Study 12 | |||
| FA28 PROBLEM 12 | |||
| Final Accounts Case Study 13 | |||
| FA29 PROBLEM 13 | |||
| Final Accounts Case Study 14 | |||
| FA29 PROBLEM 14 | |||
| Final Accounts Case Study 15 | |||
| FA31 PROBLEM 15 | |||
| Final Accounts Case Study 16 | |||
| FA32 PROBLEM 16 | |||
| Final Accounts Case Study 17 | |||
| FA33 PROBLEM 17 | |||
| Final Accounts Case Study 18 | |||
| FA34 PROBLEM 18 | |||
| Final Accounts Case Study 19 | |||
| FA35 PROBLEM 19 | |||
| Final Accounts Case Study 20 | |||
| FA36 PROBLEM 20 | |||
| Final Accounts Case Study 21 | |||
| FA36 PROBLEM 21 | |||
| Case Study 1 Adjustment Entries | |||
| 2651 | |||
| Case Study 2 Adjustment Entries | |||
| 2653 | |||
| Case Study 3 Bad Debts | |||
| 2655 | |||
| Case Study 4 Provision for Bad Debts | |||
| 2660 | |||
| Case Study 5 Provision for Bad Debts | |||
| 2662 | |||
| Chapter 20 Accounts from Incomplete Records | |||
| Introduction to Single Entry System | |||
| 2687 | |||
| Features of Single Entry System | |||
| 2689 | |||
| Introduction to Incomplete Records | |||
| ITIR | |||
| Features of Single Entry System of Accounting | |||
| FOSESOA | |||
| Limitations of single entry system | |||
| 2691 | |||
| Difference between single entry and double entry | |||
| 2693 | |||
| Methods for finding profits | |||
| MFFP | |||
| Statement of Affairs Method | |||
| SOAM | |||
| Conversion Method | |||
| 2701 | |||
| Calculation of Missing Figures | |||
| COMF | |||
| Single Entry Case Study 1 | |||
| SECS1 | |||
| Single Entry Case Study 2 | |||
| SECS2 | |||
| Single Entry Case Study 3 | |||
| SECS3 | |||
| Single Entry Case Study 4 | |||
| SECS4 | |||
| Single Entry Case Study 5 | |||
| SECS5 | |||
| Single Entry Case Study 6 | |||
| SECS6 | |||
| Single Entry Case Study 7 | |||
| SECS7 | |||
| Single Entry Case Study 8 | |||
| SECS8 | |||
| Single Entry Case Study 9 | |||
| SECS9 | |||
| Single Entry Case Study 10 | |||
| SECS10 | |||
| Single Entry Case Study 11 | |||
| SECS11 | |||
| Single Entry Case Study 12 | |||
| SECS1 | |||
| Single Entry Case Study 13 | |||
| SECS2 | |||
| Computation of Total Purchases Case Study | |||
| COTP | |||
| Computation of Total Sales Case Study | |||
| COTS | |||
| Difference between Balance Sheet and Statement of Affairs | |||
| 2695 | |||
| Methods of Ascertaining Profit or Loss | |||
| 2697 | |||
| Computation of Profit Under Statement of Affairs Method | |||
| 2699 | |||
| Ascertainment of Total Purchase | |||
| 2703 | |||
| Case study - Ascertainment of Total Purchase | |||
| 2705 | |||
| Ascertainment of Total Sales (with case study) | |||
| 2707 | |||
| Calculate Closing Balances of Debtors and Creditors | |||
| 2709 | |||
| Case Study: Ascertainment of Credit Sales | |||
| 4856 | |||
| Case Study: Ascertainment of Total Sales | |||
| 4857 | |||
| Chapter 21 Accounting for Introduction to Partnership | |||
| Partnership - Definition and Features | |||
| 2713 | |||
| Accounting Rules in the absence of Partnership Deed | |||
| 2715 | |||
| Difference between Fixed Capital and Fluctuating Capital Methods | |||
| 2718 | |||
| Fixed Capital and Fluctuating Capital Methods | |||
| 2717 | |||
| Chapter 22 Accounting for Partnership - Admission of New Partner | |||
| Introduction to Partnership | |||
| 1-Introduction-to-Partnership | |||
| General Features of Partnership | |||
| 2-General-Features-of-Partnership | |||
| Partnership Deed | |||
| 3-Partnership-Deed | |||
| Capital Accounts of Partners | |||
| 4-Capital-Accounts-of-Partners | |||
| Methods of Maintaingn Capital Accounts | |||
| 5-Methods-of-Maintaingn-Capital-Accounts | |||
| Fixed Capital Method | |||
| 6-Fixed-Capital-Method | |||
| Proforma for Fixed Capital Method | |||
| 7-Proforma-for-Fixed-Capital-Method | |||
| Fluctuationg Capital Method and Proforma | |||
| 8-Fluctuationg-Capital-Method-and-Proforma | |||
| Case Study on Fixed and Fluctuating Capital Method | |||
| 9-Case-Study-on-Fixed-and-Fluctuating-Capital-Method | |||
| Distribution of Profits | |||
| 11-Distribution-of-Profits | |||
| Interest on Capital | |||
| 12-Interest-on-Capital | |||
| Case Study on Interest on Capital | |||
| 13-Case-study-on-Interest-on-Capital | |||
| Drawings Account | |||
| 14-Drawings-Account | |||
| Interest on Drawings | |||
| 15-Interest-on-Drawings | |||
| Methods for Computing Interest on Drawings | |||
| 16-Methods-for-computing-Interest-on-Drawings | |||
| Product Method for Interest on Drawings | |||
| 17-Product-Method-for-Interest-on-Drawings | |||
| Case Study on Product Method | |||
| 18-Case-study-on-Product-Method | |||
| Average Period Method | |||
| 19-Average-Period-Method | |||
| Case study on Interest on Capital | |||
| 13-Case-study-on-Interest-on-Capital | |||
| Case Study on Average Price Method | |||
| 20-Case-Study-Average-Period-Method | |||
| Accounting treatment of Commission to Partners | |||
| 1 PSA1 | |||
| Case Study Profit and Loss Appropriation Account with Commission | |||
| 2 PSA2 | |||
| Case Study Profit and Loss Appropriation Account after Commission | |||
| 3 PSA3 | |||
| Goodwill, supporting factors and methods | |||
| 4 PSA4 | |||
| Goodwill Average Profit Method | |||
| 5 PSA5 | |||
| Case Study 1 Goodwill Average Profit Method | |||
| 6 PSA6 | |||
| Case Study 2 Goodwill Average Profit Method | |||
| 7 PSA7 | |||
| Super Profit Method | |||
| 8 PSA8 | |||
| Case Study Super Profit Method | |||
| 9 PSA9 | |||
| Admission of New Partner | |||
| 10 PSA10 | |||
| Adjustments in Accounting while admitting new partner | |||
| 11 PSA11 | |||
| Recording of Capital of New Partner | |||
| 12 PSA12 | |||
| New Profit Sharing Ratio and Sacrificing Ratio | |||
| 13 PSA13 | |||
| Computation of New Profit Sharing Ratio Case Study 1 | |||
| 14 PSA14 | |||
| Computation of Sacrificing Ratio Case Study 2 | |||
| 15 PSA15 | |||
| Unequal Sacrifice of Old Partners Case Study 3 | |||
| 16 PSA16 | |||
| Equal Sacrifice of Old Partners Case Study 4 | |||
| 17 PSA17 | |||
| Entire Sacrifice by One Partner Only Case Study 5 | |||
| 18 PSA18 | |||
| When new share of incoming partner not given-Compute New and Sacrifice Ratio -CS | |||
| 19 PSA19 | |||
| Find Sacrificing Ratio when New Profit Sharing Ratio - Case Study | |||
| 20 PSA20 | |||
| Revaluation of Assets and Liabilities | |||
| 21 PSA21 | |||
| Accounting Entries to record Revaluation of Assets and Liabilities | |||
| 22 PSA22 | |||
| Comrpehsive Case Study 1 - Revaluation Method and Balance Sheet | |||
| 23 PSA23 | |||
| Comprehensive Case Study 2 - Revaluation Method and Balance Sheet | |||
| 24 PSA24 | |||
| Transfer of Undistributed Profit or Loss | |||
| 25 PSA25 | |||
| Transfer of Accumulated Reserve | |||
| 26 PSA26 | |||
| Treatment of Goodwill and Revaluation Method | |||
| 27 PSA27 | |||
| Case Study - Treatment of Goodwill and Revaluation Method | |||
| 28 PSA28 | |||
| Case Study - Treatment of Goodwill, Undistributed Loss, Revaluation and Balance | |||
| 29 PSA29 | |||
| Practice Problems Good Will Computation of Average Profit | |||
| 3427 | |||
| Practice Problems Good Will Computation Maintenable Average Profit | |||
| 3428 | |||
| Practice Problems Good Will Computation Using Super Profit | |||
| 3429 | |||
| Practice Problems Goodwill Computation Using Capitalisation Method | |||
| 3430 | |||
| Practice Problems Goodwill Computation by Capitalising Super Profit | |||
| 3431 | |||
| Chapter 23 Accounting for Partnership - Retirement of Partner | |||
| Retirement of Partner - Introduction | |||
| 30 PSA30 | |||
| Calculation of New Profit Ratio and Gaining Ratio - Introduction | |||
| 31 PSA31 | |||
| Difference between Sacrificing Ratio and Gaining Ratio | |||
| 32 PSA32 | |||
| Chapter 24 Accounting for Partnership - Retirement of Partner | |||
| Different scenarios in New Profit Sharing Ratio - Retirment | |||
| 33 PSA33 | |||
| Calculation of New Profit and Gaining Ratio - No information about New Ratio | |||
| 34 PSA34 | |||
| Calculation of New Profit and Gaining Ratio - Unequal Gain by Partners | |||
| 35 PSA35 | |||
| Calculation of New Profit and Gaining Ratio - Equal Gain by Partners | |||
| 36 PSA36 | |||
| Calculation of New Profit and Gaining Ratio - Entire Gain by One Partner | |||
| 37 PSA37 | |||
| Calculation of Gaining Ratio when New Ratio is given | |||
| 38 PSA38 | |||
| Revaluation of Assets and Liabilities - Retirement | |||
| 39 PSA39 | |||
| Accounting entries for revaluation of assets and liabilities - retirement | |||
| 40 PSA40 | |||
| Accounting entries for transfer of undistributed profit or loss | |||
| 41 PSA41 | |||
| Accounting entries for undistributed Profit or Loss - Retirement | |||
| 42 PSA42 | |||
| Transfer of Accumulated Reserve at Retirement | |||
| 43 PSA43 | |||
| Treatment of Goodwill at Retirement | |||
| 44 PSA44 | |||
| Case Study - Treatment of Goodwill at Retirement | |||
| 45 PSA45 | |||
| Settlement of Claim of the retiring Partner | |||
| 46 PSA46 | |||
| Case Study - Settlement of Claim of Retiring Partner | |||
| 47 PSA47 | |||
| Comprehensive Case Study - Revaluation, Balance Sheet on Retirement | |||
| 48 PSA48 | |||
| Chapter 25 COMPANY ACCOUNTS I | |||
| Introduction | |||
| 1 Intro | |||
| Features of Company | |||
| 2 Features of Company | |||
| Types of Companies | |||
| 3 Types of Companies | |||
| Difference between Partnership and Company | |||
| 4 Partn CO Differ | |||
| Classes of Share Capital | |||
| 5 Classes of SC | |||
| Classification of Share Capital | |||
| 6 CLASIFICATION OF SC | |||
| Issue of Shares | |||
| 7 ISSUE OF SHARES | Preview | ||
| Allotment of Shares | |||
| 8 ALLOTMENT OF SHARES | |||
| Issue of Shares at Par | |||
| 9 ISSUE OF SHARES AT PAR | |||
| Procedure for allotment of shares | |||
| 10 PROCEDURE ALLOT OF SHARE | |||
| Calls in Arrears | |||
| 11 CALLS IN ARREARS | |||
| CALLS | |||
| 12 CALLS | |||
| Calls in Advance | |||
| 13 CALLS IN ADVANCE | |||
| Issue of Shares at Premium | |||
| 14 ISSUE OF SHARE AT PREMIUM | |||
| Issue of Shares at Discount | |||
| 15 SHARE ISSUE DISCOUNT | |||
| Sweat Equity Shares | |||
| 16 SWEAT EQUITY | |||
| Employees Stock Option Scheme | |||
| 17 ESOS | |||
| Forfeiture of shares | |||
| 18 Forfeiture os shares | |||
| Reissue of Forfeited Shares | |||
| 19 Reissue of Forfeited Shares | |||
| Forfeiture Example | |||
| 20 Forfeiture Example | |||
| Forfeiture Example 2 | |||
| 21 Forfeiture Example 2 | |||
| Issue of bonus shares | |||
| 22 Issue of bonus shares | |||
| Share Application and Allotment Problem 1 | |||
| 23 Share appln allt prob 1 | |||
| Share Forfeiture Problem | |||
| 24 Prob on Share Forfeiture | |||
| Share Forfeiture Problem 2 | |||
| 25 Prob2 on share forfeiture | |||
| Bonus Issue Problem | |||
| 26 Problem Bonus Issue | |||
| Reissue of Forfeit shares Problem 1 | |||
| 27 Prob Reissue of Forfeit sh | |||
| Reissue of Forfeit shares Problem 2 | |||
| 28 Prob 2 Reissue of Forfeit shares | |||
| Non Voting Shares | |||
| 29 Non Voting Shares | |||
| Profit on Forfeiture of shares-case study | |||
| 3443 | |||
| Chapter 26 COMPANY ACCOUNTS II | |||
| Introduction to Financial Statements | |||
| 1 Intr to FS | |||
| Balance sheet format | |||
| 10-Balance-sheet-format | Preview | ||
| General Instructions to Schedule III of Companies Act, 2013 | |||
| 2 Gen instru SIII | |||
| General Instructions related to Assets and Liabilities | |||
| 3 GI A and L | |||
| General Instructions related to Share Capital | |||
| 4 GI SC | |||
| General Instructions related to Reserves and Surplus | |||
| 5 GI R and S | |||
| General Instructions related to Long Term Borrowings | |||
| 6 GI LTB | |||
| General Instructions related to Long Term Provision | |||
| 7 Long Term Provision | |||
| General Instructions related to Short Term Borrowings | |||
| 8 STB | |||
| General Instructions related to Other Current Liabilities | |||
| 9 Other CL | |||
| General Instructions related to Tangible assets | |||
| 11-Tangible-assets | |||
| General Instructions related to Intangible Assets | |||
| 12-Intangible-Assets | |||
| General Instructions related to Non Current Investments | |||
| 13-Non-Current-Invt | |||
| General Instructions related to Long term Loans and Advances | |||
| 14-Long-term-LA | |||
| General Instructions related to Other Non Current Assets | |||
| 15-Other-NCA | |||
| General Instructions related to Inventories | |||
| 16-Inventories | |||
| General Instructions related to Trade Receivables | |||
| 17-Trade-Receivables | |||
| General Instructions related to Cash and Cash Equivalents | |||
| 18-Cash-and-CE | |||
| General Instructions related to Contingent liabilites and Commitments | |||
| 20-Cont-liab-and-commitment | |||
| General Instructions related to Short term Loans and Advances | |||
| 20-Short-term-LA | |||
| Profit and Loss Statement Format | |||
| 21-PL-Format | |||
| General Instructions related to Profit and Loss Statement | |||
| 22-GI-PL | |||
| Chapter 27 Final Section | |||
| Golden Rule of Accouting | |||
| GRA | Preview | ||
| Chapter 28- Depreciation | |||
| Introduction to Depreciation | |||
| 4059 | |||
| Depreciation and other Similar Terms | |||
| 5358- | |||
| Depreciation & Depreciable Assets | |||
| 4060 | |||
| Objectives of Providing Depreciation | |||
| 4061 | |||
| Casues of Depreciation | |||
| 4062 | |||
| Charecteristics of Depreciation | |||
| 4063 | |||
| Factors determining amount of Depreciation | |||
| 4064 | |||
| Methods of Depreciation | |||
| 4065 | |||
| Straight Line Method of Depreciation | |||
| 4066 | |||
| Straight Line Method of Depreciation - Problem 2 | |||
| 4115 | |||
| Straight Line Method of Depreciation - Problem 3 | |||
| 4116 | |||
| Straight Line Method of Depreciation - Problem 3 | |||
| 4117 | |||
| Merits and Limitations of Straight Line Method of Depreciation | |||
| 4118 | |||
| Written Down Value Method | |||
| 5359- | |||
| Advantages & Disadvantages of WDV Method | |||
| 5360- | |||
| Straight Line Method and Written Down Method A Comparative Analysis | |||
| 5361- | |||
| Methods of Recording Depreciation | |||
| 5365- | |||
| Disposal of Asset | |||
| 5366- | |||
| Effect of any Addition or Extension to the Existing Asset | |||
| 5378- | |||
| Provisions and its Accounting Treatment | |||
| 5379- | |||
| Introduction to Reserves | |||
| 5380- | |||
| Difference between Provision and Reserve | |||
| 5381- | |||
| Different types of Reserves | |||
| 5382- | |||
| Difference between Revenue Reserve and Capital Reserve | |||
| 5383- | |||
| Secret Reserve | |||
| 5384- | |||
| Chapter 29 - Capital & Revenue Items | |||
| Introduction to Capital & Revenue Transaction | |||
| 4067 | |||
| Consideration in determining Revenue & Capital Expenditure | |||
| 4068 | |||
| Classification of Expenditure | |||
| 4069 | |||
| Capital Expenditure | |||
| 4070 | |||
| Revenue Expenditure | |||
| 4071 | |||
| Deferred Revenue Expenditure | |||
| 4072 | |||
| Difference between Capital, Revenue & Deferred Revenue Expenditure | |||
| 4073 | |||
| Capital Receipt and Revenue Receipt | |||
| 4127 | |||
| Difference between Capital Receipt and Revenue Receipt | |||
| 4128 | |||
| Examples for Capital and Revenue Items | |||
| 4129 | |||
| Case1 - Capital and Revenue Expenditure | |||
| 4130 | |||
| Case2 to 4 - Capital and Revenue Expenditure | |||
| 4131 | |||
| Q & A Compedium | |||
| 6 True or False Q & A | |||
| 6201 | |||
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