LTP o c

Course Discipline-Specific Core Couse

Course Code UCM23101J
Course Accounting for Business -I |32
Name Category
Nil
Pre-equisite Couses Nil Nil Progressive Courses
Co-requisite Courses
Course Offering Data Book / Codes/Standards Account1ng data Sheet
Department Commerce
Course Learn1ng The purpose of learning this course is to Pro gram Learning Outcomes (PLO)
Rationale (CLR) Learn1ng
10 12 13 14 15
CLR-I Understand the basic concepts of financial
account1ng (Bloom)
2 (%)
Proficiency
Expected
3 (%)
Attainment
Expected 3 4 6
Qualities
CLR-2 Practice the preparation of Journal, Led ger and Trial Balance Dscipl1nary
knowledg skils sk1lls
related
Rscarch lcarningLadersh1p
Read1ines
(-d°ected learning
Experiential opuonsk1lls
makng
abiiry
Employ
Think1ng Communicaticn Aalvtcal
rason1ng Relectrve
th1nkng Life-longsk1lls
learning Professonal
CLR-3 Learn the preparation of cash book Critbcal
thunk1ng sofving
of Skitls
JCLR-4 Preparation of the Bank Reconciliation system and Depreciation Level
|CLR-S Practice the preparation of final accounts / non-profit organ1zations

Course Learn1ng At the end of thus course, learners mll be able to

Outcomes (CLO)
CLO-1 Apply the basic concepts and account1ng process 3 75 65 H H M M H L
CLO-2 Eficient umplications of Journal, Ledger and Tnal balance 7 65 H H H M
CLO-3 Ascertaun the methods in preparat1on of cash book and BRS 3 75 65 H H M -

CLO.4 Understand1ng the process of find1ng profit or loss in final accounts 3 75 65 H H M -

M
CLO-5 Ascertain the methods in depreciation and Fire insurace claims 3 75 65 M M L H H

Durat1on (hour) Learn1ng Un1t / Module I Lcarn1ng Un1t / Module 2 Learn1ng Un1t/ Module 3 Learn1ng Unit /Module 4 Learn1ng Unt /Module 5
8 18
Mean1ng and Definition of Mean1ng and Definutions of Bank Mcan1ng Need of Fire Insurace
SLO-I
SI
Accounting Mean1ng of Cash book Reconc1lation Statement Claim Mcan1ng of Single-entry system
Needs and Users of Financal Causes of d1flerences in Cash book Fcatures of Single entry system
SLO-2 Types of Cash book
Account1ng and Pass book Advantage of Fre Insurance Claim
Features, Advantages, and Preparaton of Single column cash
S2 SLO-I Steps in prepar1ng Bank
Limitations of Account1ng book Reconc1lat1on State me nt Salvage value Advantages of single entry system
 SLO-2
Branches of Accounting Preparat1on of Single column cashbook Problems in Balance as per
Average Clause
Cashbook LiIMitations of Single entry system
SLO-1 Bases of
S3 Account1ng- Cash and Preparat1ion of Double column cashbook Problems in Balance as per Problems In calculat1ng fire D1fference between single entry and
Accrual Bas1s Cashbook insuranceclaims double entry system of account1ng
SLO-2 |Account1ng Concepts and Preparation of Double column cashbook Problems in calculat1ng fire D1stinction between balance sheet
Conventions |Problems in Balance as per Pass insuranceclaims and statement of affairs
book
SLO-1 Preparat1on of Journal Preparaton of Tr1ple column cashbook
S4-S6 Problems in Balance as per Pass Computation of cla1m from Ascertainment of profiU Loss
book Insurancecompan1es for loss of
profit
SLO-2 Preparation of Journal Preparation of Trnple column cashbook Problems in Overdraft as Cash Computation of cla1m from
perbook Insurancecompanes for loss of Ascertainment of profit/ Loss
profit
SLO-I Rules Regard1ng Journal Entries Problems in Overdraft as Cash
S7 Petty Cash Mcan1ng Claims for loss of stock Methods in single entry system
perbook
SLO-2 |Understand1ng Compound Entries Problems in Overdraft as Pass Proforma for Total debtors &
Preparat1on of Petty Cash book Terms Defined
perbook cred1tors

SLO-1 Meaning of Ledger Problems in Overdraft as Pass Problems In statement of affa1rs

S8 Trad1ng &Profit perbook Non-Trading organisations method
Mean1ng
|SLO-2 Types of Ledger accounts Balance Sheet Mean1ng and Defin1tion Characteristics for Non Problems in statement of affa1rs
ofDepreciation Tradingorganisations method
|SLO-1 Posting of Ledger entry Cap1tal and Revenue expenditure Features of Depreciation Accounting procedures for Problems in statement of affairs
S9 Non-Trad1ng method
Organ1sations

SLO-2 Importance of Ledger Balance Cap1tal and Revenue receipts Causes of Depreciation Problems in statement of affairs
|Receipts and Payments accounts method

Problems in statement of affairs

SLO-I Preparat1on of Ledger accounts Treatment to various adjustme nts Methods of Depreciation |Income and Expend1ture accounts method
S10-S12 Closing stock, Accrued Income, Prepaid
SLO-2 Expenses, Depreciation and Provision for bad Problems in Straight Line method Receipts and Payments accounts &
Preparation of Ledger accounts Problems in statement of affairs
Analytical level and doubtful debts |Income and Expend1ture with
Balanceshcet method Analytical level
Etc,

Meaning of Trial Balance Incorporating adjustments infinancial Various terminologies relat1ng to

S13 SLO-1 statements Problems in Straight Line method non-trading organisations Conversion method -Meaning
 Problems in Written Down value method Preparation of Receipts and Payments Steps in Conversion method
SLO-2 Objectives of Trial Balance Simple problems in Trad1ng and accounts
Profit and loss account
Preparat1on of BR account and Total
Preparat1on of Trading and Profit and Problems in Written Down valuemethod |Preparat1on of Recerpts and Payments Debtors account
SLO-1 Functions of Tral Balance Loss Account and Balance sheet wth accounts
adjustments
SI4
Preparat1on of Income and Preparation of BR account and Total
Preparation of Trad1ng and Profit and Debtors account
SLO-2 Limitations of Trial Balance Loss Account and Balance sheet with Treatment of Disposal of Asset Expend1ture accounts
adjustments
Preparation of Income and Preparation of BP account and Total
SLO-I
Preparation of Tral Balance |Preparation of Trading and Profit and Creating provision for Depreciationand Cred1tors account
|Loss Account and Balance sheet with Accumulated Depreciation Expend1ture accounts
adjustments
SIS
Problems with find1ng loss/pro fit onsale of Preparation of Receipts and Pay me nts Preparat1on of BP account and Total
Preparation of Trial Balance Preparation of Trad1ng and Profit and
SLO-2 Loss Account and Balance sheet with asset wth balance sheet Creditors account
adjustments
Preparation of Income and Preparat1on of Memorandum Trad1ng
Preparation of Journal, Ledger and Preparation of Trad1ng and Profit and Problems with find1ng loss/profit onsale of
Expend1ture accounts with Balance account and Profit & Loss account
SI6-S18 SLO -I Trial Balance Loss Account and Balance sheet with asset
adjustme nts sheet
A
SP Jain and Narang - Financal Account1ng, Kalyan1 Publ1shers,
1 Thotadr1 and Nafeesa, Financial Accounting. Vijay Nicole Imprints Pvt. Lid Chennai New Delh1
Learning Resources/Reference books 2 PC Tulsh1yan Financial Accounting by S Chand Publ1cations, New Delh1 5 Murugadoss - Financial Accounting, Vijay Nicole Publications
3 RL Gupta and VK. Gupta - Financial Accounting, Sultan Chand &Sons Publ1shers,New 6 TS Reddy and Y Har1 Prasad Reddy - F1nancial Accounting.
Delhi
Margham Publ1cations, Chennai
Learming Assessment
Final
Cont1nuous Learn1ng Assessment (50% weightage) Exam1nation
Bloom's (50% weighta ge)
Level of Thinking CLA -1(10%) CLA -2 (10%) CLA -3 (20%) CLA - 4 (10%#
Practice Practice Practice Practice
Theory Theory Theory Theory
Theory
Remember 15% 15% 15% 15% 30%
15% 15% 15% 15%
Level I
|Understand
20% 20% 20% 20% 40%
|Level 2 Apply 20% 20% 20% 20%
Analyze 15%
15% 15% 15% 30%
Evaluate 15% 15% 15%
Level 3 15%
Create
100 % 100 % 100 % 100 %
Total 100 %
etc
#CLA 4 can be from any comb1nation of these Assignments, Sem1nars, Tech Talks, M1n1-Projects, Case-Studies, Self-Study, MO0Cs, Cert1fications, Conf Paper
Course Designers
Experts from Higher Technical Inst1tutions Internal Expert
Experts from Industry
Dr ASaraswathy Assoc1ate Professor & Head, Department of Commerce. Dr A Thilagaraj
1
Mrs Abrami Manoj, General Mana ger, Maersk Global Services, Che nnai Government Arts College, Nandanam 2 KP Ezh1lmaran
2 Dr Rajarajen Vanj1ko, Associate Professor & Head Department of
Commerce, Pachaiyappa's College, Chennai