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    Subject Notes Illustration
    Subject Notes Illustration
    Course Code: BUSA111361 Topics

    Fundamentals of Accounting

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    61
    Total Topics
    0
    Completed
    61
    Pending
    7
    Units / Chapters
    Chap 1:

    General Topics

    0/19 done19 topics
    01
    Introduction to Accounting and Business
    02
    Nature of Business and Accounting
    03
    Types of Businesses
    04
    Types of Business Organization
    05
    Users of Accounting Information
    06
    Role of Ethics in Business
    07
    Role of Accounting in Business
    08
    Profession of Accounting
    09
    Fundamental Accounting Concepts, Principles and Policies
    10
    The Business Entity Concept
    11
    The Reliability (or Objectivity) Principle
    12
    Historical Cost Convention
    13
    Substance Over Form
    14
    The Fair Value Principle
    15
    The Going-Concern Assumptions
    16
    The Realization Principle
    17
    The Matching Principle
    18
    Money Measurement (Stable Dollar Assumption)
    19
    Materiality
    Chap 1:

    Financial Statements

    0/6 done6 topics
    20
    Business Transactions and The Accounting Equation
    21
    Effects of Business Transactions on Accounting Elements
    22
    Set of Financial Statements
    23
    Definition of Income Statement
    26
    Statement of Owner’s Equity and Balance Sheet
    27
    Definition of Balance Sheet
    Chap 2:

    Components of Income Statement

    0/2 done2 topics
    24
    Revenues, Expenses, Gains and Losses
    25
    Accounting for Revenues and Expenses
    Chap 3:

    Components of Balance Sheet

    0/13 done13 topics
    28
    Assets, Liabilities, Equity
    29
    Statement of Cash Flows
    30
    Operating, Investing and Financing Activities
    31
    Direct Method
    32
    Interrelationships Among Financial Statements
    33
    The Recording Process
    34
    Accrual Basis and Cash Basis of Accounting
    35
    Chart of Accounts
    36
    Phases in Accounting Cycle
    37
    Account and its Recording Process
    38
    Types of Accounts – Permanent and Temporary
    39
    Double Entry Book Keeping System
    40
    Rules of Debit and Credit
    Chap 4:

    Accounts from Incomplete Records

    0/10 done10 topics
    41
    Single Entry System
    42
    Profit Determination Under Single Entry System
    43
    Profit Determination Under Net-Worth Method
    44
    Conversion Method
    45
    Completing the Accounting Cycle
    46
    Flow of Accounting Information
    47
    Journalizing and Posting
    48
    Closing Entries
    49
    Post-Closing Trial Balance
    50
    Adequate Disclosure and Types of Information to be Disclosed
    Chap 5:

    Completing the Accounting Cycle

    0/5 done5 topics
    51
    Financial Statements
    52
    Income Statement
    53
    Statement of Owner’s Equity
    54
    Balance Sheet
    55
    Illustrations and Questions
    Chap 6:

    Partnership and Company Account

    0/6 done6 topics
    56
    An Introduction
    57
    Goodwill for Sole Trader and Partnership
    58
    Revaluation of Partnership Assets
    59
    Financial Statements of Limited Liability Companies
    60
    Purchase of Existing Businesses
    61
    Accounting for Branches

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