Lesson Plan On Golden Rule Of Accounting.pptx

Kinds of Accounts
Personal Account's Rule
Real Account 's Rule
Nominal's Rule
Rules according to Modern Approach

1. GOLDEN RULE OF ACCOUNTING NAME : varsha mishra ROLL NO : 159 CLASS : B.Ed 1 ST YEAR SUBJECT : PEDAGOGY OF COMMERCE SUBJECT CODE : E-210 TOPIC : GOLDEN RULE OF ACCOUNTING YEAR : 2019-2021 SUBMITTED TO : MS. MANVI

2. Q-1) Business dealing can be called ? Q-2 How many sides are required for a transactions ? Q-3) What are those sides ? Q-4) What businessman do to record these transaction ? Q-5) What are the accounting rules ? SET INDUCTION

3. “ACCOUNT”

4. The PERSONAL ACCOUNT for transaction with a person or business. Example:- customers, vendors, salary, account of employees, drawing and capital account of owners, etc. Personal Accounts are the accounts for individual, firms, companies, etc. By D ebit the “ RECEIVER ” means the person who is receiving goods and by Credit the “ GIVER ” means the person who is giving will be credited.

5. REAL ACCOUNT

6. RULES

7. Today we have studied the GOLDEN RULE OF ACCOUNTING RECAPITULATION

8. EVALUATION Q-1) What is the rule of Personal Account ? Q-2) Give some example of Real Account ? Q-3) What is represented in the Real Account ?

9. JOURNALISE THE BELOW TRANSACTION Q-1) Purchased Furniture of Rs.500000 on cash. Q-2) Sold goods for Rs.45000 . HOME WORK