Accounting : need of accounting –definition-book keeping –objectives of accounting-advantages-limitations-branches-methods of accounting-difference between single entry and double entry-accounting concepts and conventions

Journal: meaning-transaction analysis for journal entries- Ledger: meaning-posting of journal to ledger-balancing of ledger accounts-distinction between journal and ledger

Trial balance: meaning-definition-objectives-methods of preparation subsidiary books: meaning-benefits-preparation of individual subsidiary books: purchase book, sales book, purchase return book, sales return book, cash book with single column and petty cash book

Final Accounts : Introduction – Trading Account, Profit and Loss account and Balance Sheet with simple adjustments

Bank reconciliation statement-need-meaning-passbook-cashbook-causes for difference between cash book and pass book-preparation of bank reconciliation statement