NEGOTIABLE INSTRUMENT ACT

Preparation of Financial Statements from Trial Balance

Preparation of Trial Balance

Balance Sheet equation and components of balance sheet equation

View: RBI inspection of commercial banks

Role of Audit and inspection explained

What is a contingent liability?

Bank Reconciliation of inter branch/office entries

Explained: Functions Performed by the Back Office

Accounting Systems of Different Banks Illustration

Peculiar features of accounting system in banks

Explained: Accounting Entries to be passed for bills of exchange transactions

What is a Bill book in accounting?

Distinction between Capital Receipt and Revenue Receipts

Replacement of a Fixed Asset and Creation of Sinking Fund

Meaning, causes, factors, and need of depreciation and revaluation of assets explained

Rectification of Errors when Books are Closed, Adjusting and Closing Entries

Trial Balance: Classification of Errors, Location of Errors, and Rectification of Errors

What are Suspense Account and rectification in Trial Balance?

Explained: Reasons for disagreement of a Trial Balance

Meaning of a Trial Balance, Features and Purpose of a Trial Balance

Causes for Passbook and Cashbook being different

Understanding Reconciliation

How to prepare a Bank Reconciliation Statement with Cash Book and Pass Book?

Explained: Need for Bank Reconciliation

Is Passbook a Mirror Image of Cash Book, what is the difference?

Transactions Contained in the Pass Book/Bank Statement

Explained: Recording Transactions in Cash Book

Accounting: Columnar Accounting Mechanics, and Journalising

Concept of Debits and Credits

Account Categories in accounting explained

Explained: Recordkeeping in accounting

Understanding Revenue Recognition and Realisation in accounting

What is a principle of conservatism in accounting?

What is a Double Entry System in Bookkeeping or Accounting?

Overview of IFRS: The International Financial Reporting Standards

Understanding Generally Accepted Accounting Principles of USA (GAAP)

Accounting Standards in India and its Definition and Scope

Origins of Accounting Principles or Concept of accounting

New Accounting system / Value system accounting

View: Origins and Historical Perspectives of Accounting

Nature and Purpose of Accounting explained

Types of Trial Balance and Preparation of a Trial Balance

Prudential norms for Income Recognition, Asset Classification, and provisioning

Implementation of Ind AS: Recognition of unrealised income by ARCs in their financial statements

What is the accrual and cash basis of accounting?