This video contains charts that can be useful for last minute revision or just a quick brush up.
Topics include:
1.Book Keeping vs Accountancy
2. Terms like goods, purchases, expenses, debtor , creditor, cash and credit, transaction
3. Entity and Going Concern Concept
4. Money Measurement and Cost Concept
5. Revenue Recognition and Objective Evidence
6.Dual Aspect or Double Entry System
7.Cash And Accrual Basis of Accounting
8.Periodicity Concept and Revision
9. Accounting Conventions- Materiality, Consistency, Full Disclosure,Conservatism
10. Classification of accounts
11. Golden rules of Debit and Credit
12. Accounting Equation
This video Useful for Class XI students.
