BASIC Accounting
Categories: BBA 1st Semester
Course Content
Chapter-1 Introduction
Meaning and Definition of Accounting, Steps in the Accounting Process,
Objectives of Accounting, Users of Accounting Information, Distinction between Book Keeping
and Accounting, Generally Accepted Accounting Principles, Relationship of Accounting with
Other Disciplines.
Chapter-2 Accounting Equation
Elements of Accounting Equation, Items Affecting Owner’s Equity,
Business Transactions, Transaction Analysis Using the Accounting Equation, Financial
Statements, Practical Problems.
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Class Brief
33:06 -
Class-1 Requirements 1-7
16:28 -
Class-2 Requirements 8-13
15:28 -
Class-3 Requirements 14-26
09:43
Chapter-3 Recording Process
Double Entry System, The Accounting Cycle, Steps in the Recording
Process, The Account and Its Classifications. The Rules of Debit and Credit, Expansion of the
Basic Accounting Equation, Journal, Ledger, Trial Balance, Practical Problems.
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Class Brief
25:29 -
Class-1 Requirements 1-2
08:42 -
Class-2 Requirements 3
13:47 -
Class-3 Requirement 4
06:47 -
Class-4 Requirment -5
06:27 -
Class-6 Requirements 6-7
06:48
Chapter-4 Accounting for Merchandising Operations:
Merchandising Operations, Operating Cycle,
Perpetual and Periodic Inventory Systems, Merchandising Transactions, Debit Memorandum and
Credit Memorandum, Trade Discounts, Cash Discounts, Shipping Terms and Freight Costs,
Journal Entries for Merchandising Transactions, Net Price Method of Recording Merchandising
Transactions, Cost Flow Assumptions, Determining Cost of Goods Sold under Periodic Inventory
System, Income Statement of a Merchandising Company, Practical Problems.
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Class Brief
24:26 -
Class-1 Requirements 1-2
29:36 -
Class-2 Requirements 3-5
28:10 -
Class-3 Requirements 6-12
16:47 -
Class-4 Requirements 13-20
07:35
Chapter-5 Special Journals
Special Journal-Sales Journal, Cash Receipts Journal, Purchases Journal, Cash
Payments Journal, Effects of Special Journal on General Journal, Advantages of Special Journals,
Subsidiary Ledgers, Advantages of Subsidiary Ledgers, Control Accounts, Posting to Subsidiary
Ledgers, Practical Problems.
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Class Brief
16:18 -
Class-1 Requirements 1-6
10:07 -
Class-2 Requirements 7-10
06:53 -
Class-3 Requirements 11-14
00:00