MAPEX TRAINING INSTITUTE

Certificate in Accounting Course Manual

Lesson 1 INTRODUCTION TO ACCOUNTING

1.0 AIMS AND OBJECTIVES

To know the Meaning, Definition and objective of Book- Keeping

1. To study the objectives, functions, importance and limitations of Accounting

2. To understand the methods of Accounting, kinds of Accounts and Accounting rules.

3. To study the difference between Book- keeping and Accounting

4. To study the various branches of Accounting

Lesson 2 PRINCIPLES OF ACCOUNTING

1.0 AIMS AND OBJECTIVES

1. To understand the meaning and definition of Accounting

2. To study the basic accounting principles3. To know the bases of accounting4. To understand the accounting

terminology and equation

Lesson 3 JOURNAL AND LEDGER

1.0 AIMS AND OBJECTIVES

1. To understand the meaning of journal and ledger.

2. To study the advantages and important point of journal.

3. To know the rules and sub-division of ledger.

4. To study the distinction between journal and ledger.

Lesson 4 SUBSIDIARY BOOKS 1.0 AIMS AND OBJECTIVES

1. To know the Meaning of subsidiary books,

2. To understand the kinds of subsidiary books

3. To know the meaning of Trade and Cash discount and also to understand the difference between these two discounts

Certificate in Accounting Course Outline

MAPEX TRAINING INSTITUTE

Certificate in Accounting Course Manual

Lesson 5 TRIAL BALANCE 1.0 AIMS AND OBJECTIVES

1. To study the meaning and definition of Trial balance.

2. To know the objectives, features and limitations of Trail balance.

3. To understand the methods of preparing Trial balance.

Lesson 6 MANUFACTURING ACCOUNT

1.0 AIMS AND OBJECTIVES

1. To know the purpose of preparing Manufacturing account.

2. To identify the items debited and credited in Manufacturing account.

3. To understand the method of preparing Manufacturing account.

Lesson 7 TRADING ACCOUNT 1.0 AIMS AND OBJECTIVES

1. To understand the meaning of trading account

2. To know the items shown in trading account Debit side and Credit side

3. To study the Closing entries relating to trading account.

Lesson 8 PROFIT AND LOSS ACCOUNT

1.0 AIMS AND OBJECTIVES

1. To study the definition of profit and loss account.

2. To learn how to prepare the profit and loss account.

3. To understand the Principles of preparing profit of loss Account

Lesson 9 BALANCE SHEET 1.0 AIMS AND OBJECTIVES

1. To study the meaning and definition of Balance sheet

2. To study the Classification of assets and liabilities

3. To know the adjustment of Balance sheet

4. To learn how to prepare the Balance sheet

MAPEX TRAINING INSTITUTE

Certificate in Accounting Course Manual

This Manual was prepared by Mr. Joel Amani for Mapex Training Institute students undertaking Certificate in Accounting Courses Commencing in 2016.

First nine lessons or chapters will take you through the entire accounting cycle. These Chapters will describe:

o how proprietorship is startedo the transactions that occur when the business is organizedo how the accounting equation is used to analyze these transactionso how to create a balance sheet and the relationship of the balance

sheet to the accounting equation

Lessons 1 to 9 of the Certificate in Accounting will cover:

1. Introduction to Accounting2. Principles of Accounting3. Journals and Ledgers4. Subsidiary Books5. Trial Balance

6. Manufacturing Accountings7. Trading Accounts8. Profit and Loss Account9. Balance Sheet