SYLLABUS

1.

Introduction to Accounting

[ 14 Periods ]
Need and Importance Book-keeping Accounting
Accountancy, Accounting and Book-keeping Users of
accounting information Branches of accounting Basic
accounting terms.
2.

Conceptual Frame work of Accounting

[ 7 Periods ]
Basic assumptions Basic concepts Modifying principles
Accounting Standards.
3.

Basic Accounting Procedures I

Double Entry System of Book-Keeping

[ 7 Periods ]
Double entry system Account Golden rules of accounting.
4.

Basic Accounting Procedures II

Journal
[ 21 Periods ]
Source documents Accounting equation Rules for debiting
and crediting Books of original entry Journal Illustrations.
5.

Basic Accounting Procedures III

Ledger
[ 21 Periods ]
Meaning Utility Format Posting Balancing an account
Distinction between journal and ledger.
6.

Subsidiary Books I

 Special Purpose Books

[ 21 Periods ]
Need Purchase book Sales book Returns books Bills of
exchange Bills book Journal proper.
7.

Subsidiary Books II

Cash Book
[ 21 Periods ]
Features Advantages Kinds of cash books.
8.

Subsidiary Books III

Petty Cash Book

[ 7 Periods ]
Meaning Imprest system Analytical petty cash book Format
Balancing of petty cash book Posting of petty cash book
entries Advantages.
9.

Bank Reconciliation Statement

[ 21 Periods ]
Pass book Difference between cash book and pass book
Bank reconciliation statement Causes of disagreement between
balance shown by cash book and the balance shown by pass
book Procedure for preparing bank reconciliation statement
Format.
10. Trial Balance and Rectification of Errors
[ 21 Periods ]
Definition Objectives Advantages Methods Format
Sundry debtors and creditors Limitations Errors in accounting
Steps to locate the errors Suspense account Rectification of

errors.
11. Capital and Revenue Transactions
[ 7 Periods ]
Capital transactions Revenue transactions Deferred revenue
transactions Revenue expenditure, Capital expenditure and
Deferred revenue expenditure Distinction Capital profit and
revenue profit Capital loss and revenue loss.
12. Final Accounts
[ 22 Periods ]
Parts of Final Accounts Trading account Profit and loss account
Balance sheet Preparation of Final Accounts