Computerized Financial Accounting (option A)

Introduction to Accounting System

6 topics

• Meaning & Definition of Accounting
• Objectives of Accounting
• Concepts and Features of Book Keeping
• Branches of Accounting
• Basis of Accounting (Accrual Basis, Cash Basis)
• Accounting Concepts

Accounting Equation & Transaction Analysis

3 topics

• Introduction to Assets, Liabilities, Equities
• Concepts of Transaction Analysis
• Classification of Accounts (Real, Personal, Nominal)

Concepts of Book-Keeping

4 topics

• Single Entry System: advantages/disadvantages
• Double Entry System and its advantages
• Types of Business Transaction
• Key terminologies: Opening Stock, Closing Stock, Goods, Inventory, Assets, Liabilities, Capital, Debit, Debtors, Creditors, Income, Expenses, Loss, Profit, Credit

Journal & Subsidiary Books (with preliminary examples)

4 topics

• Meaning and Format of Journal
• Format of Cash Book
• Format of Petty Cash Book
• Format of Purchase, Sale, Purchase Return and Sale Return Book

Concepts of Accounting Mechanism

3 topics

• Meaning and Definition of Ledger
• Types of Ledger
• Trial Balance and its objectives

Previous-year question papers

Published by VNSGU. These open on the university’s own site.

• September 2025MDC - Computerized Financial Accounting (Paper - I)
• March 2025MDC-COMPUTERIZED FINANCIAL ACCOUNTING
• March 2024MDC-COMPUTERIZED FINANCIAL ACCOUNTING

Study this subject

Every topic above is a lesson you can read here, in English, Hindi or Gujarati. In Gri-Learn the same topics are graded decks: the self-checks are scored and your weak topics are tracked. Free, with nothing locked.

Already have an account? Sign in