Manual Accounting Training

Introduction To Accounting

• Getting started

• Account Definitions

• Branches of Accounting

• Advantages of Financial Accounting

Basic Accounting Concepts

• Introduction to Transactions

• Principles of Accounting

• Basic Accounting Concepts

• Double & Single Entry Systems

Types Of Accounts

• Groups in Accounting

• Accounting Steps or Functions

• Accounting Types & Rules

Recording Transactions

• Introduction to Journals

• Journalising & Journal Entries

• Types of Journal Entries

• Discounts & Banking Transactions

• Opening Balances of Accounts

• Return of Goods & Withdrawals

Classifying Transactions

• Introduction to Ledgers

• Types of Ledgers

• Form of an Account

• Posting to Ledger Accounts

• Account Balances

Summarizing Transactions

• Balances of Real, Personal & Nominal A/cs

• Generation of Trial Balance

Financial Statements

• Ascertaining Profit or Loss

• Introduction to Trading & Profit & Loss

• Generation Profit & Loss Account

• Construction of Profit & Loss Account

• Combined Trading & Profit & Loss Account

• Consideration of Individual Items

• Manufacturing Account

• Balance Sheet – A Statement of Position

• Characteristics of Balance Sheet

• Distinction between Revenue & Capital

• Construction of Balance Sheet

Adjusting & Closing Entries

• Adjustments in Final Accounts

• Closing Stock Entries

• Prepaid & Outstanding Expenses

• Accrued & Unearned Incomes

• Depreciation, Bad Debt & Accidental Losses

• Interest on Capital & Drawings

• Summery of Accounts