Abdulmonem alsadiq

1. TVTC Teacher
Training
Programme
Teaching Practice

3. Main goals
At the end of this session the
student be able to:
 Identified the accounting cycle.
 Analyses the financial transaction.
Recording the financial transaction.
 Posting financial transaction.

4. Time Activity
11:30 – 11:40 Introduction - Ice broken
11:40 – 12:10 Accounting cycle + recording
12:10 – 12:20 Break
12:20 – 12:50 Posting + exercise
12:50 – 1:00 Conclusion + Feedback

7. Activate

8. Accounting Cycle

9. Accounting Cycle
Transaction Document Invoice
Receipt
Sales
Expenses
Purchase Recording Journal
Posting Ledger
Financial Reports Trail
Balance
Balance sheet Income

10. Accounting
Cycle

11. Recording

12. Dobell Entry System
What is Any transaction
mean
Part Debit
Part Credit

14. Exercise
Began Business with capital of $
500000 deposit the Bank
furniture bought $ 10000 Down
payment through the Bank

15. Exercise
Debit Credit

16. Recording
Where? Journal
Date Particulars Debit Credit
#####
Debit Account
Credit Account #####
Description

17. Recording
Transaction Document Debit Credit
1/1: Began Business with capital of $ 500000
deposit the Bank
Debit Credit
Bank 500000 Capital 500000
Date Particulars Debit Credit
1/1 Bank 500000
capital 500000
Began Business

18. Recording
Transaction Document Debit Credit
5/1: furniture bought $ 10000 Down payment
through the Bank
Debit Credit
furniture 10000 Bank 10000
Date Particulars Debit Credit
5/1 furniture 10000
Bank 10000
Purchase furniture

19. Exercise
2

20. Exercise
Enter the following transaction into the journal:
 1/11: Began Lars his Business with capital of $
200000 deposit the Bank
 10/11: furniture bought $ 10000 Down payment
through the Bank
 15/11: Purchased goods by check value $ 2000.
 20/11: sold goods by check value $ 1000.
 21/11: paid rent by check value $5000

21. Posting

22. http://www.youtube.com/wa
tch?v=H1PKnYI-
PQU&feature=related

23. Posting
What Transfer the entry
and
From To
where
Journal ledger
Debit Account name Credit
Explanation amount Explanation amount

24. Recording
Date Particulars Debit Credit
1/1 Bank 500000
capital 500000
Began Business
Bank
Particulars amount Particulars amount
capital 500000
Capital
Particulars amount Particulars amount
Bank 500000

25. Recording
Date Particulars Debit Credit
5/1 furniture 10000
Bank 10000
Purchase furniture
furniture
Particulars amount Particulars amount
Bank 10000
Bank
Particulars amount Particulars amount
furniture 10000

26. Exercise
3

27. Conclusion

29. Thanks a lot
for
all
Teaching Practice

30. http://www.youtube.com/watch?v=7YPVIg
7pmkc&feature=related