PPT : Meaning and scope CA Foundation Notes | EduRev

Fundamentals of Accounting for CA CPT

Created by: Srsps

CA Foundation : PPT : Meaning and scope CA Foundation Notes | EduRev

 Page 2


CPT Section A Chapter – 1 
Unit 1 
CA.S.S.Prathap 
 
Page 3


CPT Section A Chapter – 1 
Unit 1 
CA.S.S.Prathap 
 
What is a River ? 
 
River is a flow of water. 
 
 
What is Accounts ? 
 
At one level , it can be said 
as tracking the flow of 
money through a business. 
 
Page 4


CPT Section A Chapter – 1 
Unit 1 
CA.S.S.Prathap 
 
What is a River ? 
 
River is a flow of water. 
 
 
What is Accounts ? 
 
At one level , it can be said 
as tracking the flow of 
money through a business. 
 
It starts with what is called a 
Transaction . Transaction is 
an exchange. 
Example : You go to a shop 
and buy a pen . The money 
is exchanged for a pen.  
Example : You go to a doctor .The 
money is exchanged for service.  
Page 5


CPT Section A Chapter – 1 
Unit 1 
CA.S.S.Prathap 
 
What is a River ? 
 
River is a flow of water. 
 
 
What is Accounts ? 
 
At one level , it can be said 
as tracking the flow of 
money through a business. 
 
It starts with what is called a 
Transaction . Transaction is 
an exchange. 
Example : You go to a shop 
and buy a pen . The money 
is exchanged for a pen.  
Example : You go to a doctor .The 
money is exchanged for service.  
Based on the above 
understanding can you make 
some rules for a transaction ? 
1. Transaction must have two sides . This is 
called Dual Aspect. That’s why we called 
accounts as double entry book-keeping.It 
was invented by Lucio Paciolio.   
Read More
Offer running on EduRev: Apply code STAYHOME200 to get INR 200 off on our premium plan EduRev Infinity!

Complete Syllabus of CA Foundation

Dynamic Test

Content Category

Related Searches

ppt

,

video lectures

,

Important questions

,

practice quizzes

,

mock tests for examination

,

past year papers

,

PPT : Meaning and scope CA Foundation Notes | EduRev

,

shortcuts and tricks

,

pdf

,

PPT : Meaning and scope CA Foundation Notes | EduRev

,

PPT : Meaning and scope CA Foundation Notes | EduRev

,

Sample Paper

,

Previous Year Questions with Solutions

,

Summary

,

Semester Notes

,

Viva Questions

,

Extra Questions

,

Exam

,

study material

,

MCQs

,

Free

,

Objective type Questions

;