Chapter 1 – INTRODUCTION TO ACCOUNTING

Unit 1.1 – Meaning of Accounting

Unit 1.2 – Accounting as a Source of Information

Unit 1.3 – Objectives of Accounting

Unit 1.4 – Role of Accounting

Unit 1.5 – Basic Terms in Accounting

Chapter 2 – Theory Base of Accounting

Unit 2.1 – Generally Accepted Accounting Principles (GAAP)

Unit 2.2 – Basic Accounting Concepts

Unit 2.3 – Systems of Accounting

Unit 2.4 – Basis of Accounting

Unit 2.5 – Accounting Standards

Chapter 3 – RECORDING OF TRANSACTIONS – I

Unit 3.1 – Business Transactions and Source Document

Unit 3.2 – Accounting Equation

Unit 3.3 – Using Debit and Credit

Unit 3.4 – Books of Original Entry

Unit 3.5 – The Ledger

Unit 3.6 – Posting from Journal

Chapter 4 – RECORDING OF TRANSACTIONS – II

Unit 4.1 – Cash Book

Unit 4.2 – Purchases (Journal) Book

Unit 4.3 – Purchases Return (Journal) Book

Unit 4.4 – Sales (Journal) Book

Unit 4.5 – Sales Return (Journal) Book

Unit 4.6 – Journal Proper

Unit 4.7 – Balancing the Accounts

Chapter 5 – BANK RECONCILIATION STATEMENT

Unit 5.1 – Need for Reconciliation

Unit 5.2 – Preparation of Bank Reconciliation Statement

Chapter 6 – TRIAL BALANCE AND RECTIFICATION OF ERRORS

Unit 6.1 – Meaning of Trial Balance

Unit 6.2 – Objectives of preparing the Trial Balance

Unit 6.3 – Preparation of Trial Balance

Unit 6.4 – Significance of Agreement of Trial Balance

Unit 6.5 – Searching of Errors

Unit 6.6 – Rectification of Errors

Chapter 7 – DEPRECIATION, PROVISIONS AND RESERVES

Unit 7.1 – Depreciation

Unit 7.2 – Depreciation and Other Similar Terms

Unit 7.3 – Causes of Depreciation

Unit 7.4 – Need for Depreciation

Unit 7.5 – Factors Affecting the Amount of Depreciation

Unit 7.6 – Methods of calculating Depreciation Amount

Unit 7.7 – Straight Line Method and Written Down Method – A comparative analysis

Unit 7.8 – Methods of Recording Depreciation

Unit 7.9 – Disposal of Asset

Unit 7.10 – Effect of any Addition or Extension to the Existing Asset

Unit 7.11 – Provisions

Unit 7.12 – Reserves

Unit 7.13 – Secret Reserve

Chapter 8 – Bill of Exchange 

Unit 8.1 – Meaning of Bill of Exchange

Unit 8.2 – Promissory Note

Unit 8.3 – Advantages of Bill of Exchange

Unit 8.4 – Maturity of Bill

Unit 8.5 – Discounting of Bill

Unit 8.6 – Endorsement of Bill

Unit 8.7 – Accounting Treatment

Unit 8.8 – Dishonor of a Bill

Unit 8.9 – Renewal of the Bill

Unit 8.10 – Retiring of the Bill

Unit 8.11 – Bills Receivable and Bills Payable Books

Unit 8.12 – Accommodation of Bills