Basic Accounting Unit 1st
Course Title: Basic Accounting Course outcomes: The aim of the course is to build knowledge and understanding principles of accounting among the students. The course seeks to give detailed knowledge about the subject matter by instilling them basic ideas about Accounting. The outcome of the course will be as follows – To Introduce about Accounting Principles and other aspects of accounting. To provideknowledge about rectification of errors. To make able about valuation of stocks. To make aware with share and Debenture. Syllabus Unit 1 I Introduction: Meaning, Importance, Utility and process of accounting, Basic terminology of accounting, Difference between accounting & book keeping. Importance & limitations of accounting, Various users of accounting information, Accounting Principles: Conventions & Concepts Accounting Unit 1I Accounting equation, Dual aspect of accounting, Types of accounts, Rules of debit ...