MS Office is a set of computer applications used in offices:

• MS Word: Used for creating documents like letters, reports, resumes.
• MS PowerPoint: Used to create presentations (slideshows with text, images, charts).
• MS Excel: Used for calculations, data entry, tables, charts, and analysis.

🖨️ 2. Working with Printer and Scanner

• Printer: A device that prints documents from a computer onto paper.
• Types: Inkjet, Laser
• Scanner: Converts physical documents into digital format.
• Used for storing, emailing, or editing documents

📊 3. Manual Accounting (Basics of Accounting)

Manual accounting means recording financial transactions by hand.

Basic Concepts:

• Accounting: Recording, classifying, and summarizing financial transactions
• Assets: What business owns (cash, furniture)
• Liabilities: What business owes (loans)
• Capital: Owner’s investment

🏢 4. Business Organization

It refers to the structure of a business.

Types:

• Sole Proprietorship (one owner)
• Partnership (two or more owners)
• Company (registered business)

🧾 5. Voucher

A voucher is a document that proves a financial transaction.

Types:

• Payment voucher
• Receipt voucher
• Purchase voucher
• Sales voucher

📖 6. Cash Book & Ledger

Cash Book:

• Records all cash transactions (cash received and paid)

Ledger:

• A book where all accounts are maintained
• Helps in preparing final accounts

📦 7. Stock Register and Inventory

• Stock Register: Record of goods purchased, sold, and remaining
• Inventory: Total stock of goods in business

📑 8. Financial Statements

These show the financial position of a business.

Includes:

• Trading Account
• Profit & Loss Account
• Balance Sheet

💰 9. Trading & Profit/Loss A/C & Balance Sheet

🔹 Trading Account:

• Shows gross profit or loss
• Based on buying and selling of goods

🔹 Profit & Loss Account:

• Shows net profit or loss
• Includes all expenses and incomes

🔹 Balance Sheet:

• Shows financial position on a specific date
• Includes:
• Assets
• Liabilities
• Capital