1. Practical of different mixed things
1. Involved Account Practical
2. knowing types of Account of Involved Account
3. Telling Debit & Credit Account in transaction
4. Journal Entry through traditional approach
5. Journal Entry through modern approach
6. Recording Transactions through Single Entry & Double Entry System
7. For covering all types of fields & types of transactions
8. Accounting Equation Practical
9. BRS Practical
2. Practical of Accounting Statements
1. Basic Accounting Statements:
1. Journal Entries
2. Ledger Accounts
3. Trial Balance
2. Financial Statements:
4. Trading Account
5. Profit & Loss Account
6. Balance sheet
3. Reconciliation & Adjustment Statements:
7. Bank Reconciliation Statement (BRS)
8. Rectification of Errors Statement
9. Depreciation Schedule
4. Cost & Management Accounting Statements:
10. Cost Sheet
11. Break-even Analysis Statement
12. Budgeted Financial Statements
5. Taxation & Payroll Statements:
13. GST Return Statement
14. TDS Calculation Statement
15. Payroll & Salary Statement
6. Cash & Fund Flow Statements:
16. Cash Flow Statement
17. Fund Flow Statement
3. Practical for All types of Accounting Books
All journals Books
1. General Journal
2. Journal Proper
3. Purchase Journal
4. Sales Journal
5. Purchase Return Journal
6. Sales Return Journal
7. Bills Receivable
8. Bills Payable
2. Cashbooks
1. Single Column Cashbook
5. Double Column Cashbook
6. Triple Column Cashbook
7. Petty cashbook
3. Ledgers Books
1. General Ledger
2. Subsidiary Ledger
3. Private Ledger
4. For Coverage Important ratios of Accounting
1. Liquidity Ratios (Short-term Financial Health)
1. Current Ratio
2. Quick Ratio (Acid-Test Ratio)
3. Cash Ratio
2. Profitability Ratios (Earnings & Performance)
4. Gross Profit Margin
5. Net Profit Margin
6. Return on Assets (ROA)
7. Return on Equity (ROE)
3. Efficiency Ratios (Asset & Expense Management)
8. Inventory Turnover Ratio
9. Accounts Receivable Turnover
10. Asset Turnover Ratio
4. Solvency Ratios (Long-term Financial Stability)
11. Debt-to-Equity Ratio
12. Interest Coverage Ratio
13. Debt Ratio
5. Market Value Ratios (Investor Perspective)
14. Earnings Per Share (EPS)
15. Price-to-Earnings Ratio
16. Dividend Yield
5. Inventory Management Practical
1st Topic (FIFO)
2nd Topic (LIFO)
3rd Topic (Weighted Average Methods)
6. Depreciation Management Practical
1st Topic (SLM)
2nd Topic (WDV)
3rd Topic
Unit 3
Transactions of Different fields for purpose like entering in Cashbook
Manual Account (Practical)
1. Fundamental of Accounting
1. Involved A/c Practical & knowing types of A/c
2.Figuring out which golden rule applies
3. Telling Debit & Credit A/c in any transaction
4. Journal Entry through traditional approach (GR)
5. knowing all types of fields of transactions, Single Entry & Double Entry System
Covering All Books of Accounting & other things
6. Practical for Journal Book Covering
1. Mixed Journal Entries
2. Adjustment based Journal Entries
3️. Special Transactions Based Journal Entries
7. Practical for Ledgers Covering
1️⃣ Transactions Based
2️⃣ Trial Balance Based
3️⃣ Adjustments Based
4️⃣ Incomplete Records
8. Practical for Cashbook
1. Single Column Cash Book
2. Bank & Cash Double Column Cash Book
3️⃣ Contra & Discount Entries Based triple Column Cash book
4️⃣ Incomplete Records (Cash Book to Missing Transactions)
9. Practical for BRS Overview
1️⃣ Balance as per Cash Book
2️⃣ Balance as per Bank Passbook
3️⃣ Missing Transactions (Incomplete BRS Data)
4️⃣ Complex BRS (Overdraft, Errors, Interest, & Bank Charges)
10. Practical for Purchases & Sales Book
1. Mixed Journal Entries
2. Adjustment based Journal Entries
3️. Special Transactions Based Journal Entries
11. Practical for Purchases & Sales Return Book
1. Credit Sales
2. Credit Purchase
3. Missing Entries
12. Practical for Bills receivable & payable
1️⃣ Basic Bills Receivable aur Bills Payable
2️⃣ Dishonored Bills
3️⃣ Endorsement & Discounting Bills
Trial Balance & Rectification of Errors
13. Practical for Trial Balance
1. Transactions Based
2. Ledger Balances Based
3. Adjusted Trial Balance
4. Rectification Method
5. Balance Sheet to Trial Balance
6. Incomplete Records
14. Practical for Rectification of Errors
1️⃣ Error of Omission
2️⃣ Error of Commission
3️⃣ Error of Principle
4️⃣ Compensating Errors
5️⃣ Error of Posting
Financial Statements
15. Trading & Profit & Loss Account
1. Direct Transactions Based
2. Adjustment based
3. Trial Balance Based
4. Balance Sheet Based
5. Incomplete Records
6. Comparative Trading & P&L Account
16. Balance sheet
1. Only transactions basic
2. Ledger Closing Balances
3. Trial Balance Basic
4. Trading & Profit & Loss Account Basic
5. Adjustments Entries Basis
6. Missing Figures
Left over things
17. Journal Entry through modern approach
18. Accounting Equation Practical
Companies
19-1stCompany
1. Journal Entries
2. Ledger Posting
3️. Cash Book
4. BRS
5. Purchase Book
6. Sales Book
7. Purchase Return Book
8. Sales Return Book
9. Bills receivable
10. Bills Payable
11. Trial Balance
12. Rectifications of Errors
13. Trading Account
14. Profit & Loss Account
15. Balancesheet
20-2nd Company
1. Journal Entries
2. Ledger Posting
3️. Cash Book
4. BRS
5. Purchase Book
6. Sales Book
7. Purchase Return Book
8. Sales Return Book
9. Bills receivable
10. Bills Payable
11. Trial Balance
12. Rectifications of Errors
13. Trading Account
14. Profit & Loss Account
15. Balancesheet
21-3rd Company
1. Journal Entries
2. Ledger Posting
3️. Cash Book
4. BRS
5. Purchase Book
6. Sales Book
7. Purchase Return Book
8. Sales Return Book
9. Bills receivable
10. Bills Payable
11. Trial Balance
12. Rectifications of Errors
13. Trading Account
14. Profit & Loss Account
15. Balancesheet