Accounting Basics

Essential accounting concepts, principles, financial statements, and journal entries tested in CMAT.

• Capital vs Revenue Expenditure — Accounting Principles
• Double-Entry System and Journal Entries — Bookkeeping & Journal
• Key Financial Ratios — Financial Ratios
• Depreciation — Bookkeeping & Journal
• Cost Concepts — Fixed, Variable, Marginal — Cost Accounting
• Accounting Principles (GAAP) — Accounting Principles
• Types of Accounts: Real, Nominal, Personal — Bookkeeping & Journal
• Financial Statements — Overview — Financial Statements