Elements of Accounts (Part 1) is the perfect place to start learning Accounts!
This course will help you prepare for Elements of Accounts (Part 1), a part of 11th Commerce GSEB Syllabus.
+ Chapter 1: Theory, Concepts and Terminologies
+ Chapter 2: Dual effects of transactions
+ Chapter 3: Journal Entries
+ Chapter 4: Accounting Equations
+ Chapter 5: Subsidiary Books
+ Chapter 6: Cash Book
+ Chapter 7: Journal Proper
+ Chapter 8: Ledger Posting
+ Chapter 9: Coming Soon!
+ Chapter 10: Bank Reconciliation Statement
Learn from our classroom videos where we teach concepts at a pace where students understand properly. Unlike animated presentation style videos that look cool but break concentration and lead to confusion, our classroom videos work really well for learning and understanding each and every concept for your exams ahead, as these are lectures delivered in real classroom where students provide immediate feedback if a concept isn't clear, which helps us, the teachers, to explain the concept again, help students to really understand the difficult topics, and emphasize on important lessons that will be useful throughout your career and life in general.
Who are we?
Lead by a team of chartered accountants with a passion for education and teaching. We have been teaching and helping students get great results since the past 18 years and have been pioneering and developing innovative ways to help students learn across 18 different locations in Gujarat. This app and all the courses in it have worked for thousands of students for a decade now and this is a step towards making it really affordable, convenient, and available for everyone.
Why should you buy?
+ Get access to the best faculty at an extremely low cost compared to physical tuition which costs more than Rs. 15,000 to Rs. 20,000.
+ Over 50 hrs of classroom video lectures to help you understand each and every concept in detail.
+ Clear doubts anytime, get answers from our highly qualified faculty 24x7 right on your phones.
+ Revision will be very easy with our short notes, objectives, and quizzes.
+ Get daily tips, tricks, and motivations from our team of chartered accountants who have already experienced this journey and have helped hundreds of student succeed in the past.
If you are in 11th Commerce and starting your Accounts Preparation, let this be your secret to success!
Accounting is an art of recording, classifying and summarizing transactions and events and interpreting the results thereof.
As and when business transactions take place, two effects emerge from them. In this course we study these effects, and more!
The word 'Journal' is derived from the French word 'Jour', which means day! A journal is a note or a diary.
The final effect of every business transaction goes to the two components - (1) Capital and Liability, (2) Asset.
Subsidiary books are those books into which a journal is subdivided because of its limitations.
A cash book is a subsidiary book that is prepared to keep a record of cash transactions.
Journal proper is a subsidiary book in which the transactions which are not recorded in any other subsidiary book are recorded.
Let's learn how to prepare ledger accounts from a journal and the subsidiary books and also how to find balance in ledger accounts.