The chapter details recording business transactions using Source Documents and Accounting Vouchers. It establishes the Accounting Equation (Assets = Equities) and the Rules for Debit and Credit.
The Double Entry system involves chronological recording in the Journal (book of original entry) and classified posting to the Ledger (book of final entry).
Recording of Transactions-1 | ||
1 | ◼️Introduction ◼️Source Documents & Vouchers ◼️Accounting Equation 1 | |
2 | ◼️Accounting Equation II ◼️Rule of Debit & Credit ◼️Book of Original Entry | |
3 | ◼️Journalising ◼️Journal Entries under GST | |
4 | ◼️Journal Entries under GST II | |
| Presented by Shyju Elampilan | ||
