Certificate in Book-keeping Level 1 Jurong East, West

Course details

Objective

The aims of this qualification are to enable candidates to develop:

• an understanding of the basic principles underlying the recording of business transactions
• the ability to maintain the books of, and prepare final accounts for, sole traders

Syllabus Topics

• The Accounting Equation and the basis of double-entry book-keeping
• Recording transactions through double entry
• Balancing accounts
• Purchases/Sales/Returns
• The Ledger: its subdivision
• Day Books
• Bank facilities/methods of payment or receipt of money
• Cash Book and cash discount
• Bank reconciliation
• Petty Cash Book and the Imprest System
• Trial Balance
• Adjusting for accruals and prepayments in the final accounts
• Depreciation of fixed assets
• The entries relating to bad debts
• The Journal
• Capital and revenue expenditure
• Errors in the accounts and their correction
• Effect of Profit (or Loss) and drawings upon capital
• Trading and Profit and Loss Accounts
• The Balance Sheet
• Control Accounts – an introduction

Academic Qualifications

Lower Secondary Education

Proficiency Level

English at Lower Secondary Level

Course Outcomes

Certificate