O Level 7707 AccountsIGCSE 0452 Accounting by ARD - English

O Level 7707 Accounts/IGCSE 0452 Accounting by ARD | English, available at Free, has an average rating of 3.75, with 12 lectures, based on 19 reviews, and has 1229 subscribers.

Free Enroll Now

You will learn about What are Transactions Business / Source Documents as a proof of transaction What are Assets, Liabilities and Capital What is Accounting Equation What is Debit and Credit in Double Entry System Types of Discounts (Trade vs Cash Discount) What are Books of Prime (Original Entry) What is Ledger and How many types of Ledgers are there What is a trial balance and why should we make one This course is ideal for individuals who are Students who want to learn Accounting for CAIE O Levels / IGCSE It is particularly useful for Students who want to learn Accounting for CAIE O Levels / IGCSE.

Enroll now: O Level 7707 Accounts/IGCSE 0452 Accounting by ARD | English

Summary

Title: O Level 7707 Accounts/IGCSE 0452 Accounting by ARD | English

Price: Free

Average Rating: 3.75

Number of Lectures: 12

Number of Published Lectures: 12

Number of Curriculum Items: 12

Number of Published Curriculum Objects: 12

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

What are Transactions

Business / Source Documents as a proof of transaction

What are Assets, Liabilities and Capital

What is Accounting Equation

What is Debit and Credit in Double Entry System

Types of Discounts (Trade vs Cash Discount)

What are Books of Prime (Original Entry)

What is Ledger and How many types of Ledgers are there

What is a trial balance and why should we make one

Who Should Attend

Students who want to learn Accounting for CAIE O Levels / IGCSE

Target Audiences

Students who want to learn Accounting for CAIE O Levels / IGCSE

This Course is for someone who wants to learn basics of Accounting including Double Entry System, Difference between Debit and Credit, Learn how to make Journal Entries for Assets, Liabilites, Capital, Income and Expenses. Source Documents i.e. Documentary Records, Books of Original Entry, Ledgers, Trial Balance, T Accounts, Trade Discount v Cash Discount, Effect on Capital etc

The aims of this course are to enable students to develop:

? knowledge and understanding of the principles and purposes of accounting for individuals, businesses, non-trading organisations and society as a whole

? an understanding of accounting concepts, principles, policies, techniques, procedures and terminology

? improved skills of numeracy, literacy, communication, enquiry, presentation and interpretation

? improved accuracy, orderliness and the ability to think logically

? an excellent foundation for advanced study

Content overview

The fundamentals of accounting

This section introduces the subject by explaining the difference between book-keeping and accounting. The role of accounting in providing information and the purposes of measuring business profit and loss are also explored. Basic accounting terms and the accounting equation are introduced

Sources and recording of data

The core topic of this section is the double entry system of book-keeping and how this is applied in the preparation of ledger accounts. The division of the ledger is considered. Business documents and their use as sources of information are also included. Consideration is given to the procedures for processing information in books of prime entry.

Curriculum

1 The fundamentals of accounting
1.1 The purpose of accounting
1.2 The accounting equation

2 Sources and recording of data
2.1 The double entry system of book-keeping
2.2 Business documents
2.3 Books of prime entry

3 Verification of accounting records
3.1 The trial balance

Course Curriculum

Chapter 1: Accounting Basics – Concepts

Lecture 1: Worksheet and Own Solved Mark Scheme

Lecture 2: Transactions and Source Documents

Lecture 3: Accounting Equation

Lecture 4: Double Entry – Debit and Credit

Lecture 5: Asset of Inventory

Lecture 6: Types of Discounts

Lecture 7: Books of Prime Entry

Lecture 8: Cash Book – Mr ARD

Lecture 9: Sales and Purchase Journal, Sales Return and Purchase Return Journal

Lecture 10: The Journal / General Journal – Mr ARD

Lecture 11: Double Entry, Ledger Accounts – Mr ARD

Lecture 12: Trial Balance

Instructors

Ahmed Raza Dharolia (ARD)
O/A Level Accounting Teacher

Rating Distribution

1 stars: 1 votes

2 stars: 2 votes

3 stars: 5 votes

4 stars: 6 votes

5 stars: 5 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!