Scolar

Principles of Accounting

Ten Plus Two (+2) Management · Grade 11

10 units 30 topics 5 credit hours

Book-keeping to final accounts for sole traderships.

UnitChapter & topics
1

Accounting: Concept & Conventions

  • • Users of accounting
  • • GAAP overview
  • • Accounting equation
2

Double Entry & Journal

  • • Debit-credit rules
  • • Journal entries
  • • Narration writing
3

Ledger & Subsidiary Books

  • • Posting
  • • Cash book types
  • • Purchases and sales books
4

Trial Balance

  • • Purpose
  • • Preparation methods
  • • Locating errors
5

Final Accounts of Sole Tradership

  • • Trading account
  • • Profit & loss account
  • • Balance sheet formats
6

Adjustments in Final Accounts

  • • Closing stock
  • • Depreciation
  • • Outstanding and prepaid items
7

Bank Reconciliation Statement

  • • Causes of difference
  • • BRS preparation
  • • Practical cases
8

Capital & Revenue Classification

  • • Expenditure types
  • • Deferred revenue
  • • Impact on statements
9

Rectification of Errors

  • • Error categories
  • • One-sided and two-sided fixes
  • • Suspense account
10

Government Accounting Intro

  • • Nepali public sector basics
  • • New accounting system features
  • • Difference from business accounting