SlideShare ist ein Scribd-Unternehmen logo
1 von 25
BASICS OF ACCOUNTS By Anup K. Suchak
DEFINITION OF ACCOUNTING ,[object Object]
OBJECTIVE OF ACCOUNTING ,[object Object],[object Object],[object Object],[object Object],[object Object]
Process of Accounting ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Principles of Accounting ,[object Object],[object Object]
Accounting Concepts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Accounting Conventions ,[object Object],[object Object],[object Object],[object Object]
Classification of Accounts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Rules of Debit and Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Basic Terms Used In Accounts ,[object Object],[object Object],[object Object],[object Object],[object Object]
Basic Terms Used In Accounts ,[object Object],[object Object],[object Object],[object Object]
Basic Terms Used In Accounts ,[object Object],[object Object],[object Object],[object Object]
Basic Terms Used In Accounts ,[object Object],[object Object]
Basic Terms Used In Accounts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Basic Terms Used In Accounts ,[object Object],[object Object],[object Object],[object Object],[object Object]
Basic Terms Used In Accounts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Final Accounts ,[object Object],[object Object],[object Object],[object Object],[object Object]
Trading Account ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Trading Account ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Profit and Loss Account ,[object Object],[object Object],[object Object]
Profit and Loss Account ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Profit and Loss Account ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Balance Sheet ,[object Object],[object Object]
Balance Sheet in Vertical Form ,[object Object]
 

Weitere ähnliche Inhalte

Was ist angesagt?

ACCOUNTING BASICS &PRINCIPLES
ACCOUNTING BASICS &PRINCIPLESACCOUNTING BASICS &PRINCIPLES
ACCOUNTING BASICS &PRINCIPLES
Christine Michael
 
Presentation of subsidiary books
Presentation of subsidiary booksPresentation of subsidiary books
Presentation of subsidiary books
Gagan Deep
 

Was ist angesagt? (20)

CH- 1 INTRODUCTION TO ACCOUNTING.pdf
CH- 1 INTRODUCTION TO ACCOUNTING.pdfCH- 1 INTRODUCTION TO ACCOUNTING.pdf
CH- 1 INTRODUCTION TO ACCOUNTING.pdf
 
Subsidiary books
Subsidiary booksSubsidiary books
Subsidiary books
 
Accounting concepts and conventions
Accounting concepts and conventions Accounting concepts and conventions
Accounting concepts and conventions
 
Recording Transactions
Recording TransactionsRecording Transactions
Recording Transactions
 
Prime entry books or books of original entry
Prime entry books or books of original entryPrime entry books or books of original entry
Prime entry books or books of original entry
 
Types of accounts
Types of accountsTypes of accounts
Types of accounts
 
ACCOUNTING BASICS &PRINCIPLES
ACCOUNTING BASICS &PRINCIPLESACCOUNTING BASICS &PRINCIPLES
ACCOUNTING BASICS &PRINCIPLES
 
journal and ledger
journal and ledgerjournal and ledger
journal and ledger
 
BASIC ACCOUNTING
BASIC ACCOUNTINGBASIC ACCOUNTING
BASIC ACCOUNTING
 
Financial statement
Financial statementFinancial statement
Financial statement
 
Accounting principles
Accounting principlesAccounting principles
Accounting principles
 
Topic 1 introduction of book keeping and accountancy
Topic 1 introduction of book keeping and accountancyTopic 1 introduction of book keeping and accountancy
Topic 1 introduction of book keeping and accountancy
 
Basic accounting terms
Basic accounting termsBasic accounting terms
Basic accounting terms
 
Presentation of subsidiary books
Presentation of subsidiary booksPresentation of subsidiary books
Presentation of subsidiary books
 
Basic accounting terminology
Basic accounting terminologyBasic accounting terminology
Basic accounting terminology
 
What are accounting source documents
What are accounting source documentsWhat are accounting source documents
What are accounting source documents
 
| Accounting Cycle | Double Entry Accounting | Basic Accounting Equation | 8 ...
| Accounting Cycle | Double Entry Accounting | Basic Accounting Equation | 8 ...| Accounting Cycle | Double Entry Accounting | Basic Accounting Equation | 8 ...
| Accounting Cycle | Double Entry Accounting | Basic Accounting Equation | 8 ...
 
Importance of bookkeeping
Importance of bookkeepingImportance of bookkeeping
Importance of bookkeeping
 
Accounting cycle
Accounting cycleAccounting cycle
Accounting cycle
 
Single and double entry system
Single and double entry systemSingle and double entry system
Single and double entry system
 

Ähnlich wie Basics of accounts

Financial Accounts
Financial AccountsFinancial Accounts
Financial Accounts
RobbieA
 
Money and finance management chapter 3
Money and finance management chapter 3Money and finance management chapter 3
Money and finance management chapter 3
t-MBA Digital
 

Ähnlich wie Basics of accounts (20)

Basics of accounts1
Basics of accounts1Basics of accounts1
Basics of accounts1
 
P acc bcs
P acc bcs P acc bcs
P acc bcs
 
Basics of accounting-interview questions
Basics of accounting-interview questionsBasics of accounting-interview questions
Basics of accounting-interview questions
 
Lecture 1 FA.docx
Lecture 1 FA.docxLecture 1 FA.docx
Lecture 1 FA.docx
 
Lecture 1 FA.pdf
Lecture 1 FA.pdfLecture 1 FA.pdf
Lecture 1 FA.pdf
 
Financial Accounts
Financial AccountsFinancial Accounts
Financial Accounts
 
account adjustment , its types and time issue
account adjustment , its types and time issueaccount adjustment , its types and time issue
account adjustment , its types and time issue
 
Basic Accounting Terms
Basic Accounting TermsBasic Accounting Terms
Basic Accounting Terms
 
Mkting Mgmt 2.03
Mkting Mgmt 2.03Mkting Mgmt 2.03
Mkting Mgmt 2.03
 
Book Keeping and Accounting (Basic Level)
Book Keeping and Accounting (Basic Level)Book Keeping and Accounting (Basic Level)
Book Keeping and Accounting (Basic Level)
 
Capital & ERC Finance Compendium (1)
Capital & ERC Finance Compendium (1)Capital & ERC Finance Compendium (1)
Capital & ERC Finance Compendium (1)
 
financial accounting
 financial accounting    financial accounting
financial accounting
 
Double entry systme
Double entry systmeDouble entry systme
Double entry systme
 
Xi acc.financial stts.
Xi acc.financial stts.Xi acc.financial stts.
Xi acc.financial stts.
 
Money and finance management chapter 3
Money and finance management chapter 3Money and finance management chapter 3
Money and finance management chapter 3
 
Accounting_Basics_For_Beginners_ACCOUNTI-57141571.pdf
Accounting_Basics_For_Beginners_ACCOUNTI-57141571.pdfAccounting_Basics_For_Beginners_ACCOUNTI-57141571.pdf
Accounting_Basics_For_Beginners_ACCOUNTI-57141571.pdf
 
Accounting Basics For Beginners ACCOUNTING BASICS FOR BEGINNERS Module 1 Nat...
Accounting Basics For Beginners ACCOUNTING BASICS FOR BEGINNERS Module 1  Nat...Accounting Basics For Beginners ACCOUNTING BASICS FOR BEGINNERS Module 1  Nat...
Accounting Basics For Beginners ACCOUNTING BASICS FOR BEGINNERS Module 1 Nat...
 
Accounting &economic profit by swathi & anjali
Accounting &economic profit by swathi & anjaliAccounting &economic profit by swathi & anjali
Accounting &economic profit by swathi & anjali
 
Accounting Basics
Accounting BasicsAccounting Basics
Accounting Basics
 
Chapter 15 (farm record system)
Chapter 15 (farm record system)Chapter 15 (farm record system)
Chapter 15 (farm record system)
 

Kürzlich hochgeladen

The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
heathfieldcps1
 

Kürzlich hochgeladen (20)

General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 
Wellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxWellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptx
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
 
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
 
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxOn_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
SOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning PresentationSOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning Presentation
 
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptxHMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
 
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
Beyond_Borders_Understanding_Anime_and_Manga_Fandom_A_Comprehensive_Audience_...
 

Basics of accounts

  • 1. BASICS OF ACCOUNTS By Anup K. Suchak
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.