BUS1233 Financial Accounting 1
Class
Lessons
Here is the class outline:
1. Course Outlines1 section
|
|
|
2. Introduction to AccountingThis section briefly explains what accounting is all about, what it does and the area it covers. It is also shows the area of accounting in the daily life especially in business sector. 1 section
|
|
|
3. Objectives, definitions and purpose of learning accountingThis section explains the importance of accounting, the process and the type of information produced from the financial statement. Basically, it covers the uses of the accounting information to each class of its users 7 sections
|
|||||||
|
4. Accounting EquationThis section explains the basic as well as the extended accounting equation and its elements. It covers the financial transactions as well as the effect to the accounting equation. 6 sections
|
||||||
|
5. Books of Original Entry and Double Entry SystemThis section explains the meaning of debit and credit. The formation of accounts and the reason behind the double entry system. It is the first step of the preparation of the financial statement. 3 sections
|
|||
|