MeraSkill Logo

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.

CA CPT Exam  

With Sheela Warrier.Duration:6hrs 40min 

Accounting Process - Journal to Cash Book Duration (min:sec)
Introduction to Double Entry System  
{modal;rel=0|width=780|height=439|title=Accounting Process Introduction}Accounting Process Introduction{/modal} 04:11
{modal;rel=0|width=780|height=439|title=Accounting Process Introduction}Accounting Process Introduction{/modal} {modal;rel=0|width=780|height=439|title=Overview of Accounting Process}Overview of Accounting Process{/modal} 05:14
{modal;rel=0|width=780|height=439|title=Double Entry}Double Entry{/modal} 01:22
{modal;rel=0|width=780|height=439|title=Accounting Equations}Accounting Equations{/modal} 07:40
{modal;rel=0|width=780|height=439|title=Accounting Equations-Example}Accounting Equations-Example{/modal} 09:34
{modal;rel=0|width=780|height=439|title=Rule - Debit & Credit}Rule - Debit & Credit{/modal} 05:51
{modal;rel=0|width=780|height=439|title=How to Journalise}How to Journalise{/modal} 04:39
{modal;rel=0|width=780|height=439|title=How to Journalise-Example}How to Journalise-Example{/modal} 11:56
{modal;rel=0|width=780|height=439|title=Goods Account}Goods Account{/modal} 05:59
{modal;rel=0|width=780|height=439|title=Traditional Approach}Traditional Approach{/modal} 12:22
{modal;rel=0|width=780|height=439|title=Golden Rule of Accounting}Golden Rule of Accounting{/modal} 03:02
{modal;rel=0|width=780|height=439|title=Example of Traditional approach}Example of Traditional approach{/modal} 07:51
{modal;rel=0|width=780|height=439|title=Nature of Accounts}Nature of Accounts{/modal} 09:23
{modal;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 07:21
{modal;rel=0|width=780|height=439|title=Journal Introduction}Journal Introduction{/modal} 04:03
{modal;rel=0|width=780|height=439|title=Formats of Journal}Formats of Journal{/modal} 03:54
{modal;rel=0|width=780|height=439|title=Example Journal Entry}Example Journal Entry{/modal} 28:19
{modal;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;rel=0|width=780|height=439|title=Special Transactions- Outstanding ,Prepaid}Special Transactions- Outstanding ,Prepaid{/modal} 09:43
{modal;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;rel=0|width=780|height=439|title=Special Transactions- Misc. Items}Special Transactions- Misc. Items{/modal} 07:07
{modal;rel=0|width=780|height=439|title=Recap Journal}Recap Journal{/modal} 04:13
{modal;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 06:47
{modal;rel=0|width=780|height=439|title=Ledger Introduction}Ledger Introduction{/modal} 03:59
{modal;rel=0|width=780|height=439|title=Ledger Format}Ledger Format{/modal} 04:39
{modal;rel=0|width=780|height=439|title=Example Ledger}Example Ledger{/modal} 28:57
{modal;rel=0|width=780|height=439|title=Debit vs. Credit Balance}Debit vs. Credit Balance{/modal} 01:32
{modal;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 09:12
Trial Balance  
{modal;rel=0|width=780|height=439|title=What is Trial Balance}What is Trial Balance{/modal} 10:16
{modal;rel=0|width=780|height=439|title=Methods of Preparing TB}Methods of Preparing TB{/modal} 01:46
{modal;rel=0|width=780|height=439|title=Example -Preparation of TB}Example -Preparation of TB{/modal} 13:18
{modal;rel=0|width=780|height=439|title=Limitation of TB}Limitation of TB{/modal} 03:48
{modal;rel=0|width=780|height=439|title=TB-Suspense & Closing Stock}TB-Suspense & Closing Stock{/modal} 07:31
{modal;rel=0|width=780|height=439|title=Summary}Summary{/modal} 05:14
{modal;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 03:06
Subsidiary Book  
{modal;rel=0|width=780|height=439|title=Introduction to Subsidiary Book}Introduction to Subsidiary Book{/modal} 03:52
{modal;rel=0|width=780|height=439|title=Types of Subsidiary Accounts}Types of Subsidiary Accounts{/modal} 05:20
{modal;rel=0|width=780|height=439|title=Advantages of Subsidiary Books}Advantages of Subsidiary Books{/modal} 02:05
{modal;rel=0|width=780|height=439|title=Purchase day Book}Purchase day Book{/modal} 04:36
{modal;rel=0|width=780|height=439|title=Example-Purchase day Book}Example-Purchase day Book{/modal} 09:20
{modal;rel=0|width=780|height=439|title=Sales Day Book}Sales Day Book{/modal} 06:26
{modal;rel=0|width=780|height=439|title=Purchase & Sales Return Day Book}Purchase & Sales Return Day Book{/modal} 04:16
{modal;rel=0|width=780|height=439|title=Bills Receivable & BP Book}Bills Receivable & BP Book{/modal} 01:29
{modal;rel=0|width=780|height=439|title=Journal Proper}Journal Proper{/modal} 06:36
{modal;rel=0|width=780|height=439|title=Where to record}Where to record{/modal} 01:55
{modal;rel=0|width=780|height=439|title=Summary}Summary{/modal} 03:11
{modal;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 05:31
Cash Book & Petty Cash Book  
{modal;rel=0|width=780|height=439|title=Cash Book}Cash Book{/modal} 05:28
{modal;rel=0|width=780|height=439|title=Formats of Cash Book}Formats of Cash Book{/modal} 08:35
{modal;rel=0|width=780|height=439|title=Examples of Cash Book}Examples of Cash Book{/modal} 05:48
{modal;rel=0|width=780|height=439|title=Posting from Cash Book}Posting from Cash Book{/modal} 08:19
{modal;rel=0|width=780|height=439|title=Petty Cash book}Petty Cash book{/modal} 05:12
{modal;rel=0|width=780|height=439|title=Examples of Petty Cash Book}Examples of Petty Cash Book{/modal} 03:13
{modal;rel=0|width=780|height=439|title=Quiz}Quiz{/modal} 03:59
{modal;rel=0|width=780|height=439|title=Sale through Debit & Credit Card}Sale through Debit & Credit Card{/modal} 01:19
{modal;rel=0|width=780|height=439|title=Final Quiz}Final Quiz{/modal} 14:24
{modal;rel=0|width=780|height=439|title=Additional Questions}Additional Questions{/modal} 7:36
{modal;rel=0|width=780|height=439|title=Conclusion}Conclusion{/modal} 12:11
Total 6:40:26


Few of Things covered by us :

Overview of Accounting Process
Debit & Credit
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 is a Book of Original Entry
Chronological order
Dr Cr

Some Special Accounts

Outstanding expense
Prepaid expense
Income earned but not received
Income received in advance


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

Take Quiz

next toAccounting Process:Capital,Revenue and ROE

back toIntroduction to Accounting


 Like our ca-cpt courseShow you appreciate by sharing!