Kilroy's College

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Kilroy's College UK Home > Courses > Business Courses > Book-keeping & Accounts Course

Book-keeping & Accounts course

Course Contents

Remember, you can complete this Book-keeping & Accounts course within 12 months of enrolling. So take your first step by contacting us today !

The Ledger

The 4 day books

The Cash Book

The journal

Petty cash book


Detailed Content

General Introduction

  • Welcome to Book-keeping
  • Learning objectives
  • Introduction to Book-keeping

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The Ledger

  • Identifying the two accounts
  • Classifying the accounts: Real, Personal and Nominal
  • Applying the rules for each class of account
  • Balancing the accounts
  • An alternative layout for accounts

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The 4 day books

  • Sales Day Book
  • Purchases Day Book
  • Returns in or Sales Returns Book Note
  • Returns out or Purchases Returns Day book
  • Analysed(columnar) Day Books
  • Documents: Invoice, Credit Note, Debit

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The Cash Book

  • Bank account and cash account in the ledger book
  • Two Column Cash Book
  • Three Column Cash Book
  • Analysed Cash Book(including VAT)
  • Bank Reconciliation Statements
  • Cheques: crossed, dishonoured, parties

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The journal

  • Opening entries
  • Purchase, Sale or Return of Fixed Assets on credit
  • Dishonoured cheque, bank loan, bank interest
  • Bad debts, Bad debts recovered, Interest charged to debtors
  • Depreciation of fixed assets
  • Drawings by owner(other than money)
  • Credit control

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Petty cash book

  • Cash flow statements
  • Loan Application
  • Business plan
  • Sources of Finance

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The trial balance

  • Corrections of errors in the trial balance
  • Control accounts
  • Stock control

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Final Accounts and Balance sheet

  • The trading a/c and The profit and loss a/c
  • The Balance sheet and The capital a/c
  • Adjustments prior to final a/cs - accruals, prepayments, depreciation
  • The stock account

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Interpretation of Final Accounts

  • Profitability Ratios
  • Possible reasons for a falling gross profit percentage
  • Liquidity, Activity, Gearing & Investment Ratios
  • Report writing
  • Wages book

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Final Accounts and Balance sheets of clubs

  • Capital and revenue expenditure and receipts
  • Club a/cs and a/cs of non-trading organisations
  • Partnerships
  • Company accounts
  • Interpretation of accounts of a limited company

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