Gurukul Infotech

₹8,000 ₹10,000

Course Includes

Duration3 Months
Enrolled0
Lectures78
Videos0
Notes0
CertificateYes

What you'll learn

MANUAL ACCOUNTING

Manual Accounting is the process of recording financial transactions by hand in books and registers without using computer software. It helps in understanding the basic accounting system of a business.

1. Basics of Accounting

This includes basic accounting concepts, principles, and terms such as assets, liabilities, capital, income, expenses, debit, and credit. It teaches the rules of journal entries and the accounting cycle.

2. Business Organization of Voucher

Vouchers are written documents used as proof of financial transactions. This topic includes preparation and management of different types of vouchers like payment vouchers, receipt vouchers, purchase vouchers, and sales vouchers.

3. Cash Book & Ledger Writing

Cash Book is used to record all cash and bank transactions.
Ledger is used to classify and summarize transactions into different accounts.
This helps in maintaining proper financial records.

4. Stock Register & Inventory Valuation

Stock Register is used to maintain records of goods purchased, sold, and remaining in stock. Inventory valuation methods like FIFO, LIFO, and Average Method are used to calculate the value of closing stock.

5. Financial Statements (Trading Account, Profit & Loss Account, Balance Sheet)

Financial statements show the financial position of a business: