305 FUNDAMENTALS OF ACCOUNTING

• Purpose and nature of accounting 
• Various areas of accounting forms of business enterprises
• Accounting information
• GAAP
• Conversion
• Business transaction  
• Accounting equation
• Accounting process
• Recording changes in financial position
• Double entry accounting system
• Journal ledger
• Trial balance
• The accounting cycle 
• Measuring business income
• Adjusting process
• Completion of accounting cycle
• Work sheet
• Financial statements
• The control of cash transaction and bank reconciliation
• Accounting for receivables accounting of inventory
• Accounting for depreciation of fixed asses
• Deprecation methods