Business Management

Concepts of Cost Accounting

Cost Accounting – Introduction

Business Entity Concept

Method of Depreciation

Accounting Entries Related to Assets and Depreciation

Why Do We Need to Account for Depreciation?

Financial Accounting – Depreciation

Cash vs. Accrual Basis of Accounting

Current Liabilities

Current Assets

Owner’s Equity

Financial Statements

Trial Balance

Accounting – Process

Bank Reconciliation

Key Features of Subsidiary Books