CPT Chapter Accounting Process from Journal to Cash Book
CA CPT chapter “Accounting Process” makes simple the Double Entry System. It deals with the process of accounting from Journal to Trial Balance and includes preparation of Subsidiary Books and Cash Book.
With Sheela Warrier.Duration:6hrs 40min
| Accounting Process - Journal to Cash Book | Duration (min:sec) |
| Introduction to Double Entry System | |
| {modal https://www.youtube.com/embed/zRrnpvMfFug?autoplay=1;rel=0|width=780|height=439|title=Accounting Process Introduction}Accounting Process Introduction{/modal} | 04:11 |
| {modal https://www.youtube.com/embed/zRrnpvMfFug?autoplay=1;rel=0|width=780|height=439|title=Accounting Process Introduction}Accounting Process Introduction{/modal} {modal https://www.youtube.com/embed/D_qQqxUBs5o?autoplay=1;rel=0|width=780|height=439|title=Overview of Accounting Process}Overview of Accounting Process{/modal} | 05:14 |
| {modal https://www.youtube.com/embed/Hc4_0oEOgOQ?autoplay=1;rel=0|width=780|height=439|title=Double Entry}Double Entry{/modal} | 01:22 |
| {modal https://www.youtube.com/embed/cdetXLCy2EA?autoplay=1;rel=0|width=780|height=439|title=Accounting Equations}Accounting Equations{/modal} | 07:40 |
| {modal https://www.youtube.com/embed/3XHr1GsCm3c?autoplay=1;rel=0|width=780|height=439|title=Accounting Equations-Example}Accounting Equations-Example{/modal} | 09:34 |
| {modal https://www.youtube.com/embed/D5zH01hy_LQ?autoplay=1;rel=0|width=780|height=439|title=Rule - Debit & Credit}Rule - Debit & Credit{/modal} | 05:51 |
| {modal https://www.youtube.com/embed/ahmIvfRrSHk?autoplay=1;rel=0|width=780|height=439|title=How to Journalise}How to Journalise{/modal} | 04:39 |
| {modal https://www.youtube.com/embed/FP9HNQiMQ4E?autoplay=1;rel=0|width=780|height=439|title=How to Journalise-Example}How to Journalise-Example{/modal} | 11:56 |
| {modal https://www.youtube.com/embed/5pcNyp_X4oM?autoplay=1;rel=0|width=780|height=439|title=Goods Account}Goods Account{/modal} | 05:59 |
| {modal https://www.youtube.com/embed/mzLTdqMqQ3o?autoplay=1;rel=0|width=780|height=439|title=Traditional Approach}Traditional Approach{/modal} | 12:22 |
| {modal https://www.youtube.com/embed/T_o0jTPO5X0?autoplay=1;rel=0|width=780|height=439|title=Golden Rule of Accounting}Golden Rule of Accounting{/modal} | 03:02 |
| {modal https://www.youtube.com/embed/HYSeIujoQ4s?autoplay=1;rel=0|width=780|height=439|title=Example of Traditional approach}Example of Traditional approach{/modal} | 07:51 |
| {modal https://www.youtube.com/embed/glpxZBkRyWk?autoplay=1;rel=0|width=780|height=439|title=Nature of Accounts}Nature of Accounts{/modal} | 09:23 |
| {modal https://www.youtube.com/embed/5IF7kfOPhRE?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} | 07:21 |
| Journal | |
| {modal https://www.youtube.com/embed/waT7OOSK8HQ?autoplay=1;rel=0|width=780|height=439|title=Journal Introduction}Journal Introduction{/modal} | 04:03 |
| {modal https://www.youtube.com/embed/boGro5Z-8Ng?autoplay=1;rel=0|width=780|height=439|title=Formats of Journal}Formats of Journal{/modal} | 03:54 |
| {modal https://www.youtube.com/embed/QHyItoLEtV4?autoplay=1;rel=0|width=780|height=439|title=Example Journal Entry}Example Journal Entry{/modal} | 28:19 |
| {modal https://www.youtube.com/embed/T5gufQl3cYc?autoplay=1;rel=0|width=780|height=439|title=Special Transactions- Bad Debt & Recovery of bad debts}Special Transactions- Bad Debt & Recovery of bad debts{/modal} | 09:22 |
| {modal https://www.youtube.com/embed/QF0mrB2yVoQ?autoplay=1;rel=0|width=780|height=439|title=Special Transactions- Outstanding ,Prepaid}Special Transactions- Outstanding ,Prepaid{/modal} | 09:43 |
| {modal https://www.youtube.com/embed/1OMKFwKZrT0?autoplay=1;rel=0|width=780|height=439|title=Special Transactions- Goods distributed as sample, wages}Special Transactions- Goods distributed as sample, wages{/modal} | 06:34 |
| {modal https://www.youtube.com/embed/R8_NXdKWK8Q?autoplay=1;rel=0|width=780|height=439|title=Special Transactions- Misc. Items}Special Transactions- Misc. Items{/modal} | 07:07 |
| {modal https://www.youtube.com/embed/HUbCaNCs1TQ?autoplay=1;rel=0|width=780|height=439|title=Recap Journal}Recap Journal{/modal} | 04:13 |
| {modal https://www.youtube.com/embed/tf06VaDxbiI?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} | 06:47 |
| Ledger | |
| {modal https://www.youtube.com/embed/sQrvHfYR1tw?autoplay=1;rel=0|width=780|height=439|title=Ledger Introduction}Ledger Introduction{/modal} | 03:59 |
| {modal https://www.youtube.com/embed/Ox-xByF3HH4?autoplay=1;rel=0|width=780|height=439|title=Ledger Format}Ledger Format{/modal} | 04:39 |
| {modal https://www.youtube.com/embed/hj2tU2pLzwI?autoplay=1;rel=0|width=780|height=439|title=Example Ledger}Example Ledger{/modal} | 28:57 |
| {modal https://www.youtube.com/embed/0PTu4FSP3rk?autoplay=1;rel=0|width=780|height=439|title=Debit vs. Credit Balance}Debit vs. Credit Balance{/modal} | 01:32 |
| {modal https://www.youtube.com/embed/zZLSSQUVvFM?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} | 09:12 |
| Trial Balance | |
| {modal https://www.youtube.com/embed/eVfwENirSaU?autoplay=1;rel=0|width=780|height=439|title=What is Trial Balance}What is Trial Balance{/modal} | 10:16 |
| {modal https://www.youtube.com/embed/hrIDmITmfGk?autoplay=1;rel=0|width=780|height=439|title=Methods of Preparing TB}Methods of Preparing TB{/modal} | 01:46 |
| {modal https://www.youtube.com/embed/0nuQg5cx0bg?autoplay=1;rel=0|width=780|height=439|title=Example -Preparation of TB}Example -Preparation of TB{/modal} | 13:18 |
| {modal https://www.youtube.com/embed/Sx916r8t6ko?autoplay=1;rel=0|width=780|height=439|title=Limitation of TB}Limitation of TB{/modal} | 03:48 |
| {modal https://www.youtube.com/embed/pdLCdY-8P7I?autoplay=1;rel=0|width=780|height=439|title=TB-Suspense & Closing Stock}TB-Suspense & Closing Stock{/modal} | 07:31 |
| {modal https://www.youtube.com/embed/NERs3M6_WNo?autoplay=1;rel=0|width=780|height=439|title=Summary}Summary{/modal} | 05:14 |
| {modal https://www.youtube.com/embed/_4b6O5U1O3g?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} | 03:06 |
| Subsidiary Book | |
| {modal https://www.youtube.com/embed/_R2rNQBs0rk?autoplay=1;rel=0|width=780|height=439|title=Introduction to Subsidiary Book}Introduction to Subsidiary Book{/modal} | 03:52 |
| {modal https://www.youtube.com/embed/OEkcxWwbnkU?autoplay=1;rel=0|width=780|height=439|title=Types of Subsidiary Accounts}Types of Subsidiary Accounts{/modal} | 05:20 |
| {modal https://www.youtube.com/embed/G5S0Ql-hDjE?autoplay=1;rel=0|width=780|height=439|title=Advantages of Subsidiary Books}Advantages of Subsidiary Books{/modal} | 02:05 |
| {modal https://www.youtube.com/embed/coNmiHOXQ20?autoplay=1;rel=0|width=780|height=439|title=Purchase day Book}Purchase day Book{/modal} | 04:36 |
| {modal https://www.youtube.com/embed/tT-6sFmCET4?autoplay=1;rel=0|width=780|height=439|title=Example-Purchase day Book}Example-Purchase day Book{/modal} | 09:20 |
| {modal https://www.youtube.com/embed/tyUtxBZ-BvE?autoplay=1;rel=0|width=780|height=439|title=Sales Day Book}Sales Day Book{/modal} | 06:26 |
| {modal https://www.youtube.com/embed/-yN8cWXw7Kw?autoplay=1;rel=0|width=780|height=439|title=Purchase & Sales Return Day Book}Purchase & Sales Return Day Book{/modal} | 04:16 |
| {modal https://www.youtube.com/embed/7o5ognQOUJQ?autoplay=1;rel=0|width=780|height=439|title=Bills Receivable & BP Book}Bills Receivable & BP Book{/modal} | 01:29 |
| {modal https://www.youtube.com/embed/IoJvtZoiYoU?autoplay=1;rel=0|width=780|height=439|title=Journal Proper}Journal Proper{/modal} | 06:36 |
| {modal https://www.youtube.com/embed/UIw75nZakSE?autoplay=1;rel=0|width=780|height=439|title=Where to record}Where to record{/modal} | 01:55 |
| {modal https://www.youtube.com/embed/kBTL_OKRKa0?autoplay=1;rel=0|width=780|height=439|title=Summary}Summary{/modal} | 03:11 |
| {modal https://www.youtube.com/embed/q1lg8xHMk-s?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} | 05:31 |
| Cash Book & Petty Cash Book | |
| {modal https://www.youtube.com/embed/tF_FGE5FbDw?autoplay=1;rel=0|width=780|height=439|title=Cash Book}Cash Book{/modal} | 05:28 |
| {modal https://www.youtube.com/embed/i6RdcKG68Cw?autoplay=1;rel=0|width=780|height=439|title=Formats of Cash Book}Formats of Cash Book{/modal} | 08:35 |
| {modal https://www.youtube.com/embed/N5m7-NcuWSU?autoplay=1;rel=0|width=780|height=439|title=Examples of Cash Book}Examples of Cash Book{/modal} | 05:48 |
| {modal https://www.youtube.com/embed/lC3PDmhDwLM?autoplay=1;rel=0|width=780|height=439|title=Posting from Cash Book}Posting from Cash Book{/modal} | 08:19 |
| {modal https://www.youtube.com/embed/Mxuxymo4_KU?autoplay=1;rel=0|width=780|height=439|title=Petty Cash book}Petty Cash book{/modal} | 05:12 |
| {modal https://www.youtube.com/embed/c-UA9bH_CTw?autoplay=1;rel=0|width=780|height=439|title=Examples of Petty Cash Book}Examples of Petty Cash Book{/modal} | 03:13 |
| {modal https://www.youtube.com/embed/ULIlzsfN_oQ?autoplay=1;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} | 03:59 |
| {modal https://www.youtube.com/embed/ZlQkjDUp1Z4?autoplay=1;rel=0|width=780|height=439|title=Sale through Debit & Credit Card}Sale through Debit & Credit Card{/modal} | 01:19 |
| {modal https://www.youtube.com/embed/ieFANTFuzec?autoplay=1;rel=0|width=780|height=439|title=Final Quiz}Final Quiz{/modal} | 14:24 |
| {modal https://www.youtube.com/embed/5vofhvHpokw?autoplay=1;rel=0|width=780|height=439|title=Additional Questions}Additional Questions{/modal} | 7:36 |
| {modal https://www.youtube.com/embed/iEbC7q2zN5c?autoplay=1;rel=0|width=780|height=439|title=Conclusion}Conclusion{/modal} | 12:11 |
| Total | 6:40:26 |
Notes
Few of Things covered by us :
Overview of Accounting Process
Debit & Credit
Journal
Ledger
Trial Balance
Subsidiary Books
Cash Book
Accounting Equation
Dual Aspect Concept
Assets = Liabilities
Assets = Liabilities + Capital
Assets - Liabilities = Capital
Assets - Liabilities = Capital + (Income - Expenses)
Assets and Expenses
Liabilities and Income
Rules of Debit and Credit
Increase in Assets are Debits
Decrease in Assets are Credits
Increase in Liabilities are Credits
Decrease in Liabilities are Debits
Increase in Expenses are Debits
Increase in Incomes are Credits
Goods Account ?
Goods purchased
Goods sold
Goods purchased and then returned
Goods sold and later returned
Traditional approach
Personal Accounts
Capital a/c, Drawings a/c, Bank a/c, Creditors, Debtors, Bills Payable, Bills Receivable
Real Accounts
Cash, Land & Building, Furniture, Car, Machinery
Nominal Accounts
Purchases, Sales, Rent, Salaries, Discount received & allowed, Interest income & expense
Traditional approach- Rules for Journalising
Personal Accounts: Debit the Receiver
: Credit the Giver
Real Accounts : Debit what comes in
: Credit what goes out
Nominal Accounts : Debit all Expenses and Losses
: Credit all Incomes and Gains
Journal
Journal is a Book of Original Entry
Chronological order
Date
Particulars
LF
Dr Cr
Narration
Some Special Accounts
Outstanding expense
Prepaid expense
Income earned but not received
Income received in advance
LEDGER
Book
Entire set of Accounts
Principal Book of Accounts
Two sides
Date, Particulars, JF, Amount
Trial Balance
What is a Trial Balance ?
When is it prepared ?
Why is it prepared ?
How is a Trial Balance prepared ?
Suspense account
Limitations of a Trial Balance
Trial Balance
Third phase of accounting process
A Statement
All ledger account balances
As on a date
Double entry
Arithmetical accuracy
Can be prepared anytime
Objectives of a Trial Balance
Arithmetical accuracy of books
Summary of all balances
Basis for preparation of final accounts
Methods of preparing a Trial Balance
Balance Method
Total Method
Total and Balance Method
CPT Exam Exposure
Accounting Process:Capital,Revenue and ROE
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