Class 11 : Accounts
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Video Lectures + Doubts Solution
COURSE DESCRIPTION
Study Material are designed by a team of IITians from Kota, Rajasthan.
These are designed in such an easy way that everyone can understand each and every concept.
We provide High Quality Video.
We provide Technical support at the time of activation.
After activation there is no need of internet connection to study.
We provide High Quality Video.
We provide Technical support at the time of activation.
After activation there is no need of internet connection to study.
The pendrive will work on one laptop or computer only.
Windows xp, 7, 8 , 8.1 or 10 is required for running the pendrive.
Class 11 : Accounts
Introduction to Account
- Introduction to Accounts
- Process
- Transactions
- Recording of Journal
- Classifying of Account
- Ledger
- Summarising
- Analysis and Interpretation of Account
- Communicating
- Branches of Accounting
- Advantage and Disadvantage of Accounting
- Process
- Transactions
- Recording of Journal
- Classifying of Account
- Ledger
- Summarising
- Analysis and Interpretation of Account
- Communicating
- Branches of Accounting
- Advantage and Disadvantage of Accounting
Basic terms of Accounting
- Capital
- Drawing
- Liability
- Asset
- Creditors
- Debtors
- Receivables
- Expenditure
- Income
- Expense
- Revenue
- profit
- Losses and Gain
- Drawing
- Liability
- Asset
- Creditors
- Debtors
- Receivables
- Expenditure
- Income
- Expense
- Revenue
- profit
- Losses and Gain
Theory Base of Accounting
- Accounting Principle
- Consistency
- Actual
- Bussiness entry Principle
- Money measurement Principle
- Accounting Period Principle.
- Full Disclosure Principle
- Conservation Principle
- Cost Principle
- Matching Principle
- Dual asset Principle
- Revenue Recognition Principle
- Variations Objective Principle
- Difference between Actual Base Accounting and Cash Base Accounting
- Consistency
- Actual
- Bussiness entry Principle
- Money measurement Principle
- Accounting Period Principle.
- Full Disclosure Principle
- Conservation Principle
- Cost Principle
- Matching Principle
- Dual asset Principle
- Revenue Recognition Principle
- Variations Objective Principle
- Difference between Actual Base Accounting and Cash Base Accounting
Accounting Equation
- Meaning and Analysis of transactions using Accounting Equation.
- Question and Answer
- Question and Answer
Rules of Debit and Credit
- Rules of Debit and Credit
- Traditional Approach
- Modern Approach
- For Assets, for Liabilities, for Capital, for Revenue, and for Expense.
- Accounting Balancing
- Traditional Approach
- Modern Approach
- For Assets, for Liabilities, for Capital, for Revenue, and for Expense.
- Accounting Balancing
Journal and Ledger
- Introduction to Journal
- Problem Based on Journal
- Introduction to Ledger
- Problem Based on Ledger
- Problem Based on Journal
- Introduction to Ledger
- Problem Based on Ledger
Cash Book
- Introduction to Cash Book
- Simple Cashbook with Bank column and Petty cashbook
- Problem Based on Cash Book
- Simple Cashbook with Bank column and Petty cashbook
- Problem Based on Cash Book
Bank Reconciliation Statement
- Meaning, Need and Preparation with amended cash book.
- problem solution
- problem solution
Trial Balance
- Trial Balance: Meaning, Objectives and Preparation.
- problem solution
- problem solution
Depreciations Accounting
- Depreciation: Meaning and Need for charging depreciation, Factors affecting depreciation, Methods of depreciation-Straight Line method, Written Down Value Method (excluding the change in method), Method of recording depreciation: By charging to the asset account, By creating the provision for depreciation/accumulated depreciation account. Asset Disposal Account.
- Problem Solve Based on All Methods and Others
Bills of Exchange
-Bills of Exchange and Promissory Note: Definition, Features, Parties, Specimen, Distinction.
- Term of Bill and Days of Grace, Date of Maturity
- Bill at Sight, Negotiation, Endorsement,
- Discounting of bill
- Dishonour of bill
- Retirement and Renewal of a bill
- Problem Based on theory
- Term of Bill and Days of Grace, Date of Maturity
- Bill at Sight, Negotiation, Endorsement,
- Discounting of bill
- Dishonour of bill
- Retirement and Renewal of a bill
- Problem Based on theory
Rectification of Error
-Introduction
-Types of Error
- Principle of Error
-Error of Omissions
- Commission of Error
- Compensation of Error
- Error of Recording
- Problem Based on Rectification Error
-Types of Error
- Principle of Error
-Error of Omissions
- Commission of Error
- Compensation of Error
- Error of Recording
- Problem Based on Rectification Error
Final Accounts
Final Accounts
- Introduction to final Accounting
- Calculation of Gross Profit and Loss
- Direct Expenses and Problem Based On this
- Adjusted Purchase
- Cost of Good Sold
- Calculation of Net Profit and Loss
- Operating Profit
- Adjustment in Final Accounting
- Problem Based On Final Accounting
- Introduction to final Accounting
- Calculation of Gross Profit and Loss
- Direct Expenses and Problem Based On this
- Adjusted Purchase
- Cost of Good Sold
- Calculation of Net Profit and Loss
- Operating Profit
- Adjustment in Final Accounting
- Problem Based On Final Accounting
GST
Goods And Service Tax
Direct Tax
Indirect Tax
One Nation One Tax
Inter-State Tax
Intra-State Tax
CGST
SGST
IGST
Tax Return
Direct Tax
Indirect Tax
One Nation One Tax
Inter-State Tax
Intra-State Tax
CGST
SGST
IGST
Tax Return
About Instructors
Mr. Parag Gupta
He is a first class commerce graduate (B.Com(H)) from Delhi University, having done his graduation from Hansraj college as one of the top scorers in “Mathematics”, “Accountancy” & “Financial Management” at University level. Prior to this he has done his schooling from Cambridge Noida and was one of the toppers.He qualified chartered accountancy course in 2009 at the age of 21 years(now Associate member of ICAI) and clear all his exams (PE-1, PE-2 and Final) in first attempts
adrash
awesome!!!!!!!!!!!!
adrash
ausome!!!!!
adrash
ausome!!!!!!!!!!!! nice
Anonymous
super!!!!! its a better way to understand everthing in accounts
akanksha
what about the adjustments in financial statements 2?
please upload a full video!
Ruchi Jain
AWESOME!!!! thankyou so much for this lecture,making us able to understand everything.