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CCP102

The document outlines a lesson on the objectives of book keeping. It recaps the meaning of accounting and book keeping. The objectives of book keeping are to determine correct profit or loss, know the financial position, record amounts payable and receivable, track changes in asset values and liabilities, create a permanent record for control over expenses and legal purposes, and aid in planning, decision making, and determining tax liability. Students are expected to learn the objectives of book keeping by the end of the session.

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8 views

CCP102

The document outlines a lesson on the objectives of book keeping. It recaps the meaning of accounting and book keeping. The objectives of book keeping are to determine correct profit or loss, know the financial position, record amounts payable and receivable, track changes in asset values and liabilities, create a permanent record for control over expenses and legal purposes, and aid in planning, decision making, and determining tax liability. Students are expected to learn the objectives of book keeping by the end of the session.

Uploaded by

api-3849444
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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DEPARTMENT OF TECHNICAL

EDUCATION ANDHRA PRADESH


Name : R. Radha
Designation :Assistant Lecturer
Branch :Commercial and computer
practice
Institute :Central Institute of commerce
Year :I year
Subject : Accountancy
Subject Code & Period : CCP102.2
Topic : Introduction to Accounting
Duration : 50 minutes
Sub Topic : Objectives of Book Keeping
Teaching Aids : Visuals ,Animations
CCP102.2 1
Recap
 We have already learnt

 Meaning of accounting

 Meaning of book keeping

CCP102.2 2
Objectives

On completion of this period you would be able


to know
Know the Objectives of book keeping

CCP102.2 3
Objectives of Book-keeping is to
know

 Correct profit or loss


 Financial position

CCP102.2 4
Objectives of Book keeping

 Amount payable to others

 Amount receivable from others

CCP102.2 5
Objective of Book Keeping

 Changes in Asset Value

 Changes in Liabilities

 Permanent record

CCP102.2 6
Objectives of Book Keeping

 Control over expenses

 Legal purposes

 Planning

CCP102.2 7
Objectives of Book Keeping

 Decision Making

 Tax Liability

CCP102.2 8
Frequently Asked Questions

2. List out the objectives of Book Keeping

CCP102.2 9
Summary

We have learned in this session


Objectives of book keeping

CCP102.2 10
CCP102.2 11

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