Financial Accounting - Simplified Explanation for Technical Personnel

Summary

This contains links to articles 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. The problems use Indian Rupees as monetary unit. Around six hours of learning may be sufficient to understand the basic accounting process using these knols.

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The links are to articles 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. The problems use Indian Rupee as monetary unit. Around six hours of learning may be sufficient to understand the basic accounting process using these articles. These articles were actually used in executive training classes with great effectiveness.

You are welcome to write comments in any article.

 

Journalising a Business Transaction

http://mbaofindia.blogspot.com/2012/01/journalising-business-transaction.html

Journal Entry – Exercise Problem

http://mbaofindia.blogspot.com/2012/01/journal-entry-exercise-problem.html

Journal Entry – Exercise Problem 2(More simple problem)

http://mbaofindia.blogspot.com/2012/01/journal-entry-exercise-problem-2.html

Solution to Journal Entry – Exercise Problem 2

http://mbaofindia.blogspot.com/2012/01/solution-to-journal-entry-exercise.html

Posting Ledger from Journal Entries

http://mbaofindia.blogspot.com/2012/01/posting-ledger-from-journal-entries.html

Ledger Posting Exercise 1

http://mbaofindia.blogspot.com/2012/01/ledger-posting-exercise-1.html

Solution for the Ledger Posting Exercise - 1

http://mbaofindia.blogspot.com/2012/01/solution-for-ledger-posting-exercise-1.html

Trial Balance

http://mbaofindia.blogspot.com/2012/01/trial-balance.html

Preparing Profit and Loss Account From Trial Balance

http://mbaofindia.blogspot.com/2012/01/preparing-profit-and-loss-account-from.html

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