ACC101ELEMENTS OF BOOK KEEPING (1)

DescriptionElements of Book Keeping (1) introduces students to the foundational principles and practices of recording financial transactions. This course emphasizes the systematic approach to maintaining accurate and up-to-date financial records, covering essential topics such as double-entry bookkeeping, source documents, cashbooks, and ledger accounts. Students will explore the role of bookkeeping in financial management and business decision-making, building a solid base for more advanced accounting studies.

Through practical exercises and real-world examples, learners will gain hands-on experience in preparing journals, balancing accounts, and interpreting basic financial records. The course also highlights the importance of accuracy, consistency, and ethical standards in financial record-keeping. By the end of the course, students will be equipped with the skills needed to maintain simple financial records, making them valuable contributors to any organization’s accounting process.