Search in Blogs of Narayana Rao


Tuesday, December 16, 2008

Financial Accounting - Simplified Explanation for Technical Personnel

Summary of the knol

The links are to knols that explain the basic accounting process in very simple manner for explaining the same to technical personnel. The complexities of accounting transactions are minimized to a very large extent to illustrate the basic principles and a process of accounting. Around six hours of learning may be sufficient to understand the basic accounting process using these knols.

The links given in the knol

Journalising a Business Transaction

Journal Entry – Exercise Problem

Journal Entry – Exercise Problem 2(More simple problem)

Solution to Journal Entry – Exercise Problem 2

Posting Ledger from Journal Entries

Ledger Posting Exercise 1

Trial Balance

Preparing Profit and Loss Account From Trial Balance

Questions and Answers on Basics of Accounting Process

No comments: