Topics
Introduction to Book-Keeping and Accountancy
- Accounting
- Book-Keeping
- Accountancy
- Book-Keeping vs. Accountancy
- Basis (Methods) of Accounting System
- Qualitative Characteristics of Accounting Information
- Basic Terms in Accounting
- Transaction
- Capital and Drawings
- Debtors, Creditors and Bad Debts
- Expenditure and Its Types
- Discount and Its Types
- Solvent Person vs. Insolvent Person
- Accounting Year
- Trading Concerns vs. Not for Profit Concerns
- Concept of Goodwill
- Fundamentals of Business Earnings
- Concepts of Assets, Liabilities and Net Worth
- Accounting Principles
- Accounting Concepts
- Core Accounting Concepts
- Accounting Standards
Meaning and Fundamentals of Double Entry Book-Keeping
Journal
- Accounting Documents
- Goods and Service Tax(GST)
- Types of Accounting Documents
- Voucher
- Tax Invoice (Under GST)
- Credit Memo
- Receipt
- Cheque
- Types of Cheques
- Books of Accounts
- Books of Accounts > Journal
- Journal Entries
- Journal Entries > Goods Account
- Journal Entries > Recording Discount in Journal
- Journal Entries > Other Important Journal Entries
Ledger
Subsidiary Books
- Concept of Subsidiary Books
- Cash Book
- Cash Book > Simple Cash Book (Single Column Cash Book)
- Cash Book > Two Column Cash Book (With Cash and Bank Columns)
- Cash Book > Petty Cash Book
- Simple Petty Cash Book
- Analytical Petty Cash Book
- Purchase Book
- Purchase Return Book
- Sales Book
- Sales Return Book
- Journal Proper
Bank Reconciliation Statement
- Accounting Documents Used in Banking
- Accounting Documents Used in Banking
- Pay-in-Slip
- Withdrawal Slip
- Bank Pass Book
- Bank Statement
- Bank Advice
- Concept of Virtual Banking
- Bank Reconciliation Statement(BRS)
- Cash Book vs Pass Book : Causes of Differences
- Time Difference(Regarding BRS)
- Errors and Omission Made by Bank or Businessman
- Formats of BRS
- Preparation of BRS
- Cash Book and Pass Book Comparison for Common Period
- Cash Book and Pass Book Balances for Different Periods
- Bank Balance as per Cash Book (Favourable / Debit Balance)
- Bank Balance as per Pass Book (Favourable / Credit Balance)
- Overdraft as per Cash Book (Unfavourable / Credit Balance)
- Overdraft as per Pass Book (Unfavourable/Debit balance)
- Reconciliation of Debtors and Creditors
Depreciation
Rectification of Errors
Final Accounts of a Proprietary Concern
Single Entry System
- Concept of Single Entry System
- Single Entry System vs. Double Entry System
- Parts of Single Entry System
- Statements of Affairs
- Statement of Profit or Loss
- Statement of Profit or Loss > Net Worth Method
- Practical Problems on Single Entry System
- Definition: Simple Petty Cash Book
- Format and Contents
- Example: Recording Transactions in Simple Petty Cash Book
Definition : Simple Petty Cash Book
A simple petty cash book is a special accounting record where small and routine cash expenses—like stationery, bus fares, tips, or refreshments—are written down as they happen each day.
Format and Contents
Format:
Simple Petty Cash Book
| Amount Received (₹) | Date | Particulars | Voucher No. | L.F. | Total Amount paid (₹) |
|---|---|---|---|---|---|
Contents:
-
The left columns (Amount Received) record cash received by the petty cashier from the head cashier and other receipts
-
The right columns (Total Amount Paid) track cash spent on various small expenses.
-
The expenses are listed by date, showing what was paid and how much.
Example : Recording Transactions in Simple Petty Cash Book
List of transactions for March,2025 in the books of EFG Enterprises
March 1: Received ₹2,000 from head cashier
March 5: Paid ₹250 for postage (sending letters)
March 15: Paid ₹600 for minor office repairs (fixing a chair or fan)
Simple Petty Cash Book
| Amount Received (₹) | Date | Particulars | Voucher No. | L.F. | Total Amount paid (₹) |
|---|---|---|---|---|---|
| 2,000 | 2025 Mar. 1 | To Cash A/c | |||
| 5 | By Postage A/c | 250 | |||
| 15 | By Office Repairs A/c | 600 | |||
| 31 | By Balance c/d | 1,150 | |||
| 2,000 | 2,000 | ||||
| 1,150 | 2025 Apr. 1 | To Balance b/d |
