The document discusses the fundamentals of computerized accounting versus manual accounting. It explains that accounting involves systematically recording and analyzing transactions to present economic information about a business to owners and managers. This can be done through computerized accounting or manually. The principles of accounting involve recording transactions in journals and ledgers to classify accounts for individuals, properties, expenses/incomes. Computerized accounting digitizes this process for easier recording and analysis of accounting information compared to manual accounting methods.

2. FUNDAMENTALS OF COMPUTERIZED
ACCOUNTING
 Accounting is a systematic way of recording and analyzing
transaction.
 It involves identification ,measuring and presenting econic information
about a business .
 With this information the owner are manger can take certain
decisions.
 If we do accounting using computers is called computerized
accounting

3. PRINCIPLES OF ACCOUNTING
JOURNAl
 It is the original book, where all transaction are recorded
 In this book, all business transaction are entered first .
 It is known as “journlizing” istead of all transaction in one journal
book ,transaction are recorede into sundivisions of journal or
subsidiary books .
classification
 Journal proper
 Day books
 Cash books

5. DAY BOOKS
 Purchase book records all credit purchases .
 Sales book records all credit sales .
 Purchase returns book records book records good returned to supplires .
 Sales return book records goods returned by the customers .

7. TYPES OF ACCOUNTS
BUSINESS TRANSACTION ARE CLASSIFIED INTO THREE CATRGORIES .
THEY ARE:
• Transaction relating to individuals and other organizations.
• Transaction relating to properties, goods , or cash .
• transaction relating to expenses (or losses) and incomes ( or gains).

10. LEDGER
 It is a book of final entry
 It can be divided into various sub divisions from the view point of convenience
and simplicity.
THEY ARE:
 GENERAL LEDGER
 PURSCHASE LEDGER
 SALES LEDGER
 PRIVATE LEDGER

12. PURCHASE LEDGER
 Records all personal accounts of
cutomers from whom the goods have
been purchased on credit
SALES LEDGER
• Records all personal accounts of
customers to whom the goods
have been sold on credit.
PRIVATE LEDGER
 Records the personal accounts
of the properitor ,that is, capital
accounts & drawings accounts.

18. Computerized accounting VS Manual accounting