3.
4.
5.
6.
7.
Posting of transactions in ledger accounts from subsidiary books
• Posting from purchases book, purchases returns book
• Posting from purchases sales book, purchases sales returns
book
• Posting from purchases cash book
Balancing the ledger accounts
• Account
• Kinds of accounts
• Balancing personal, real and nominal accounts
Preparation of trial balance
• Meaning of trial balance
• Methods for preparing trial balance
a. Total method
b. Balance method
• Steps to be taken if trial balance does not agree.
• Is trial balance a conclusive proof of the accuracy of the
work of book keeper.
• Errors disclosed in Trial Balance.
Preparation of Trading and Profit and Loss Account
• Item to be included in trading account.
• Item to be included in profit and loss account.
Creation of a Budget for home/office/shop
understanding the concept of book-keeping.
would
help
in
Suggestive Laboratory Equipment :
1. Black-board, chalks and charts, computer.
2. Receipts, Cash book
3. Stock record cards, Requisition slips, Purchase order forms, Stock
register, Purchase day book.
4. Performa of invoice, Receipts, Delivery note.
5. Application form for opening the account, Pay-in-slip, Cheques,
Drafts, Pass book.
105