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    The document outlines a lesson on the objectives of book keeping. It recaps the meaning of accounting and book keeping. The objectives of book keeping are to determine correct profit or loss, know the financial position, record amounts payable and receivable, track changes in asset values and liabilities, create a permanent record for control over expenses and legal purposes, and aid in planning, decision making, and determining tax liability. Students are expected to learn the objectives of book keeping by the end of the session.

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    The document outlines a lesson on the objectives of book keeping. It recaps the meaning of accounting and book keeping. The objectives of book keeping are to determine correct profit or loss, know the financial position, record amounts payable and receivable, track changes in asset values and liabilities, create a permanent record for control over expenses and legal purposes, and aid in planning, decision making, and determining tax liability. Students are expected to learn the objectives of book keeping by the end of the session.

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    Attribution Non-Commercial (BY-NC)
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    3 views11 pages

    CCP102

    Uploaded by

    api-3849444
    The document outlines a lesson on the objectives of book keeping. It recaps the meaning of accounting and book keeping. The objectives of book keeping are to determine correct profit or loss, know the financial position, record amounts payable and receivable, track changes in asset values and liabilities, create a permanent record for control over expenses and legal purposes, and aid in planning, decision making, and determining tax liability. Students are expected to learn the objectives of book keeping by the end of the session.

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    of 11

    DEPARTMENT OF TECHNICAL

    EDUCATION ANDHRA PRADESH


    Name : R. Radha
    Designation :Assistant Lecturer
    Branch :Commercial and computer
    practice
    Institute :Central Institute of commerce
    Year :I year
    Subject : Accountancy
    Subject Code & Period : CCP102.2
    Topic : Introduction to Accounting
    Duration : 50 minutes
    Sub Topic : Objectives of Book Keeping
    Teaching Aids : Visuals ,Animations
    CCP102.2 1
    Recap
     We have already learnt

     Meaning of accounting

     Meaning of book keeping

    CCP102.2 2
    Objectives

    On completion of this period you would be able


    to know
    Know the Objectives of book keeping

    CCP102.2 3
    Objectives of Book-keeping is to
    know

     Correct profit or loss


     Financial position

    CCP102.2 4
    Objectives of Book keeping

     Amount payable to others

     Amount receivable from others

    CCP102.2 5
    Objective of Book Keeping

     Changes in Asset Value

     Changes in Liabilities

     Permanent record

    CCP102.2 6
    Objectives of Book Keeping

     Control over expenses

     Legal purposes

     Planning

    CCP102.2 7
    Objectives of Book Keeping

     Decision Making

     Tax Liability

    CCP102.2 8
    Frequently Asked Questions

    2. List out the objectives of Book Keeping

    CCP102.2 9
    Summary

    We have learned in this session


    Objectives of book keeping

    CCP102.2 10
    CCP102.2 11

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