PRINCIPLES OF ACCOUNTS I
Goal: This course is designed to expose the students to the principles of accounting and the application of same to different types of transactions. GENERAL OBJECTIVES: On completion of this module the students should be able to: 12.0 Know final accounts
- Lesson: 1
- 06:00:00 Hrs
- Last Updated 11/15/2023
What will i learn??
- 1.0 Know history, principles, role and conventions of accounting.
- 1.0 Know history, principles, role and conventions of accounting.
- 2.0 Understand principles of double entry.
- 3.0 Know capital and revenue items.
- 4.0 Know books of original entry.
- 5.0 Know the uses of ledger.
- 6.0 Know trial balance.
- 7.0 Know how errors are identified.
- 8.0 Know the uses of journal.
- 9.0 Understand bank reconciliation statements.
- 10.0 Know depreciation.
- 11.0 Understand accruals and prepayment.
Curriculum for this course Lesson: 1 06:00:00 Hrs
Semester 1: PRINCIPLES OF ACCOUNTING 1 Lesson
- Lesson 1: 1.0 Know history, principles, role and conventions of accounting. 2.0 Understand principles of double entry. 3.0 Know capital and revenue items. 4.0 Know books of original entry. 5.0 Know the uses of ledger. 6.0 Know trial balance. 7.0 Know how errors are06:00:00
- Quiz 1: . What is the significance of ancient civilizations in the development of accounting practices? 2. How did accounting practices evolve during the Renaissance period? 3. What role did Luca Pacioli play in the history of accounting? 4. How did the Industria
Description
Goal: This course is designed to expose the students to the principles of accounting and the application of same to different types of transactions. GENERAL OBJECTIVES: On completion of this module the students should be able to: 12.0 Know final accounts.
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