Accounting of Non-profits, single entry & Bill of exchange

Course details

Welcome to our course on Accounting for Non profit organization, single entry system and bills of exchange (Negotiable Instrument).

Even though a non profit organization doesn't aim for profit they do require to maintain accounting so that they can track how much funds they've received and from what sources and where is the money being utilized,etc.

So the first section is about,

1.How Non-Profit Organisation is different from Profit making Organisation, 

2.How their accounting books are maintained and  

3.The difference between Capital Income/Expenditure and Revenue Income/Expenditure. 

4. For more practice their is also a problem solving video 

Also,

Small scale businessmen or professionals might use a simpler way to keep their accounting records which we will understand in the single entry system of accounts;

Hence the Second Section is,

1. What is Single Entry System(Introduction), 

2. Recording of Events, 

3. Limitation of the same, 

4. Difference between Single Entry & Dual Entry system, 

5. and its Problem Solving for more practice

And lastly bills of exchange this is a negotiable instrument used in the credit system of accounting.

And this section is about,

1. What is Bill of Exchange? 

2. General Terms & it's Importance. 

3. Different Terms of payment dates.

4. Video session on how transactions are recorded when bills are drawn, accepted and  retained, discounted or sent to bank  for collection.  

5. and lastly what happens when the bill gets honored or dishonored.

Also the practice session to enhance your knowledge

So come and join hand with us 

and experience learning like never before.