In this course, ITRONIX SOLUTION provide you Introduction to bookkeeping and accounting. By conducting the course, you will build skills for bookkeeping and accountancy. You will gather practical skills in numeracy, and you will also be capable to count basic calculations easily at even your fingertips. You will learn fundamental principals of bookkeeping and accounting, and also learn to prepare a trial balance and two principal financial statements.
Adjustments in the preparation of Final Accounts- Depreciation in the value of Assets, Appreciation in the value of Assets, Outstanding expenses, Prepaid expenses, Accrued or Outstanding income, Unearned income, Interest on Capital, Interest on Drawings, Interest on Loan, Bad Debts, Provision of Bad and Doubtful Debts, Further Bad Debts, Provision for Bad and Doubtful Debts, Provision for Discou nt on Debtors, Closing Stock, Summarised Presentation of Adjustment, A large number of suitable illustrations.
Bank Reconciliation Statement: Meaning, Need and Preparation, Causes responsible for the difference between balances of Cash book and Pass Book, Steps for the preparation of Bank Reconciliation Statements, Plus and Minus Balances, Summarised Table for the Preparation of BR’s. Important Notes, Cash Book with Discount Column; Cash Book with Discount and Bank Column, Contra Entries, A large number of suitable illustrations.
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