Description
Book Keeping involves recording of financial transactions in various accounting books whereas the accounting process involves recording, interpreting, classifying, analyzing, reporting and summarizing financial data. Recording financial transactions is the first part of the foundation of the accounting process. Here we will understand the fundamentals and the entire process of accounting for a sole proprietor. also, there are various types of business organisations who wants to get there accounting done here is the detail breakdown of such organisations. The one who has two or more individuals engaged in an enterprise as a co-owners the organization is known as partnership firm It is important then to have a proper guidelines for partners, An agreement to know the terms and understand how the accounting is done to be able to make sound business decisions And the organisations like non profit concerns Even though a they doesn’t aim for profit they do require to maintain accounting so that they can track how much funds they’ve received and from what sources and where is the money being utilized,etc. Plus Small scale businessmen or professionals might use a simpler way to keep their accounting records which we will understand in the single entry system of accounts. We are also going to learn accounting of joint stock companies And bills of exchange this is a negotiable instrument used in the credit system of accounting. This Accountancy for begineers course consists of simple and logical explanatory videos on each of the mentioned topics along with some problem solving sessions and fun quiz videos that will test your knowledge on the subject. It also includes assessment tools in PDF format which contain a summary on the topic along with practice questions and solutions.
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Course Info
- 79 Lectures
- 11 Hours
- Language: English
- Subject: Business, Finance
- Instructed by: LetsTute E-tutor
- Platform: Udemy
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