Recording of Transactions

This course provides a detailed understanding of the accounting equation and effect of transactions on an accounting equation. Further, to understand the rules of debit and credit which are the fundamentals for recording transaction in business, short introduction of journals is also discussed.

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CBSE Class 11

English

Accountancy Class 11 - Fundamentals of Accounting Process

Class XI

Management

Accounting Process

Accountancy

Class 6-12

The rules of debit and credit in accountancy is described in this lesson as per the modern approach of accounting. The lesson also deals with the formulation of journal using the rules of debit and credit.

Rules of Debit and Credit - Modern Approach

Overview

Accounting Equation - Part 1

Accounting Equation - Part 2

Rules of Debit and Credit - Traditional Approach

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Rules of Debit and Credit - Modern Approach

Lalit Khandelwal

Accountancy Class 11 - Fundamentals of Accounting Process

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