Fundamentals of Computerized Accounting and Financial Statements

Introduction of Computerized Accounting, Find Different Kind of Business (Single Entry /
Double Entry Setups) and their Pattern of Accounts.
Fundamentals of MS EXCEL. Main Parts of MS-Excel (Standard toolbar, Formatting
Toolbar, Formula bar etc.)
Defining Computerized Accounting, Uses of accounting information, Types of accounting
information and associated terminologies
Advantages of Computerized business over manual business.
Generally accepted accounting principles.
Accounting cycle (Recording transaction, Preparing General Journal, Preparing Trial
Balance, General Ledgers etc.)
Balance sheet, Income Statements, Statement of Cash flows, Preparing Final Accounts
Types of expenses, Record Expenses and their effects (Fix Expenses / General Expenses
Like Entertainment Etc).

Assignment 2 & 3