Page No.
MON TUE WEO THU F
Date: 3O 96/2025
Theoretical Framewozk
Unit 1 Meaninq of
t scope Accouoting
of ecoxdiog clossitging
and
tesmS
summasisi
of money
iqoificant manDes andin
txansacions 4 eveots. which ae
part at least Of a finanial choxacteg L andd
intexpseing the Mesut thexe
Recozding > Fixst taansacdioo 0f busioess SHecoxded
in JouKnal (Book of oxiginal entay)
Puschose book
Gales beolk
Subsidiasy) Purchase GAetUsn book
Sales S1etuonbook
Rils Recei able book
Bills Payable book
The tsansaction which
TOURNAL PROPER
dOesnt fall undeY
any Tousnal book)
Classifying + Ledgex (Paiincipal bock)
Sum marising > Trial balance
Ixapsactions and eVents i
Pesform ance Of
On act transactio
Puchase of goods eq t Poofit | loss
Sale of qoods
Capital 1nvest ment
closin Jnventory Le ft
Expenses ncused etc
, Pare No.: 2.
Datc:
Puxchase Sale of Fixed Asset 1 S 0 tzansacio0
eYent both
I1's transa cion
REAseN >Because it involves a finoncial exchane
and an eent because it changes the financial
position of the buiness
ie It affeds bothbank lcash and ass et acCOunts.
Eioania) chaxactes Related to business
Intespehng tbe eSutst Condusion
FINANCIAL FINANCIAL
PERFORMANCE
Protit Balance shee
Funcions
2* Of
Accouning
|Given by Accounting Principles Board (APG) (ATCPAJ
ot
Amezican Institute of CeriAiec Public Accouning )
a)
Recosding Tobanal
b) classitying Ledgpx
) Summasising ’ Trìal Balance ’ Pt AC Bis
d) Analysis + intesp4etation > Analysing the gesults
CONMMUNICAINNG to the
3*
Obchives of Accounting
Systemahc 1cOading of taNSachons
Ascextaioment esuHs and fingndal portan
, MON T
Page No.: 3
Date:
Providing intoxmaion to WeXS for sational
clecisian makiog
To know the
SQlvencyposition
Evolution of AccOuntin8
As early
ROmans ued to pepaze dayhooks wbeze eceipt
paymenis wete Hecosded O0B'C to 400 AD)
Kauiilya cMinistex in Chandroquptos kingdom)
WHote book named AzthashashtaO
descuibed houw acc 9ecods to)
be maio+
"144 Double
eniry book kee ping came and
tbe fixst pexson to Wsote book about it was
LUCA PAC10LI (EATHER Of QcCountneg n VENICE Ity
Debit - faom Italiarn Debito which
ComeR Latin Debita
( means ’ Owed to the popietos)
Credit 1t Omes rom HalianCxech1to wbich cones
fxom Latin Cxedo
(mearns Belief ! Trut in puopie tor)
Steuuaxdship Accouning KOot of fioancial
accouning system
Sub- fields Of
Accounting
iEioancial Accounting to ascextain prof1t
MON TUE WEO THU F
Date: 3O 96/2025
Theoretical Framewozk
Unit 1 Meaninq of
t scope Accouoting
of ecoxdiog clossitging
and
tesmS
summasisi
of money
iqoificant manDes andin
txansacions 4 eveots. which ae
part at least Of a finanial choxacteg L andd
intexpseing the Mesut thexe
Recozding > Fixst taansacdioo 0f busioess SHecoxded
in JouKnal (Book of oxiginal entay)
Puschose book
Gales beolk
Subsidiasy) Purchase GAetUsn book
Sales S1etuonbook
Rils Recei able book
Bills Payable book
The tsansaction which
TOURNAL PROPER
dOesnt fall undeY
any Tousnal book)
Classifying + Ledgex (Paiincipal bock)
Sum marising > Trial balance
Ixapsactions and eVents i
Pesform ance Of
On act transactio
Puchase of goods eq t Poofit | loss
Sale of qoods
Capital 1nvest ment
closin Jnventory Le ft
Expenses ncused etc
, Pare No.: 2.
Datc:
Puxchase Sale of Fixed Asset 1 S 0 tzansacio0
eYent both
I1's transa cion
REAseN >Because it involves a finoncial exchane
and an eent because it changes the financial
position of the buiness
ie It affeds bothbank lcash and ass et acCOunts.
Eioania) chaxactes Related to business
Intespehng tbe eSutst Condusion
FINANCIAL FINANCIAL
PERFORMANCE
Protit Balance shee
Funcions
2* Of
Accouning
|Given by Accounting Principles Board (APG) (ATCPAJ
ot
Amezican Institute of CeriAiec Public Accouning )
a)
Recosding Tobanal
b) classitying Ledgpx
) Summasising ’ Trìal Balance ’ Pt AC Bis
d) Analysis + intesp4etation > Analysing the gesults
CONMMUNICAINNG to the
3*
Obchives of Accounting
Systemahc 1cOading of taNSachons
Ascextaioment esuHs and fingndal portan
, MON T
Page No.: 3
Date:
Providing intoxmaion to WeXS for sational
clecisian makiog
To know the
SQlvencyposition
Evolution of AccOuntin8
As early
ROmans ued to pepaze dayhooks wbeze eceipt
paymenis wete Hecosded O0B'C to 400 AD)
Kauiilya cMinistex in Chandroquptos kingdom)
WHote book named AzthashashtaO
descuibed houw acc 9ecods to)
be maio+
"144 Double
eniry book kee ping came and
tbe fixst pexson to Wsote book about it was
LUCA PAC10LI (EATHER Of QcCountneg n VENICE Ity
Debit - faom Italiarn Debito which
ComeR Latin Debita
( means ’ Owed to the popietos)
Credit 1t Omes rom HalianCxech1to wbich cones
fxom Latin Cxedo
(mearns Belief ! Trut in puopie tor)
Steuuaxdship Accouning KOot of fioancial
accouning system
Sub- fields Of
Accounting
iEioancial Accounting to ascextain prof1t
