Tamil Nadu HSE First Year Accountancy study plan
Tamil Nadu HSE First Year Accountancy · Give each week a clear focus.
8 weeks · About 7 hours per week
Introduction to Accounting & Journal, Ledger and Trial Balance
Define accounting, its objectives and its users, and distinguish accounting from bookkeeping in writing.
Apply the rules of debit and credit to classify accounts as personal, real or nominal.
Record 20 mixed transactions in journal form with correct narration for each entry.
Post journal entries to ledger accounts and balance them off.
Your checkpoint
A handwritten journal book of 20 transactions with narrations, fully posted to ledgers and balanced.
Journal, Ledger and Trial Balance & Conceptual Framework of Accounting
Prepare a trial balance from a given set of ledger balances and identify the side on which each balance appears.
Explain each accounting concept (going concern, accrual, matching, consistency, prudence, money measurement, business entity) with one original example.
Detect and correct at least five types of trial balance errors, distinguishing errors that do not affect the trial balance.
Write the accounting cycle in order from source document to final accounts.
Your checkpoint
A one-page error-spotting worksheet showing 5 erroneous entries, whether each affects the trial balance, and the correcting entry.
Accounting Equation and Transaction Analysis & Subsidiary Books and Cash Book
State the accounting equation and compute assets, liabilities and capital after each of 10 transactions.
Prepare a simple balance sheet from the accounting equation after a sequence of transactions.
Record transactions in purchase book, sales book, purchase return book, sales return book and journal proper.
Post subsidiary book totals and individual entries to the ledger.
Your checkpoint
A transaction table of 10 entries showing the effect on the accounting equation plus the five subsidiary books completed for the same data.
Subsidiary Books and Cash Book & Bank Reconciliation Statement
Prepare a single-column, double-column and three-column cash book from a transaction list.
Post the cash book to the ledger and reconcile the cash column with the petty cash balance.
Prepare a bank reconciliation statement starting from the cash book balance and from the pass book balance.
Classify five reconciling items by the side on which they appear in the BRS.
Your checkpoint
A three-column cash book for one month plus two bank reconciliation statements (one starting from cash book, one from pass book) that agree to the same adjusted balance.
Capital and Revenue Transactions, Depreciation and Provisions & Final Accounts of Sole Proprietors (without adjustments)
Distinguish capital expenditure from revenue expenditure and capital receipts from revenue receipts across 15 items.
Compute depreciation under straight line and written down value methods for three years and show the asset account.
Prepare trading account and profit and loss account from a given trial balance without adjustments.
Prepare the balance sheet from the same trial balance and confirm it tallies.
Your checkpoint
A complete final accounts set (trading, profit and loss, balance sheet) for one trial balance, with a depreciation schedule for two assets.
Final Accounts of Sole Proprietors (without adjustments) & Accounting for Bills of Exchange
Prepare final accounts for a second, larger trial balance within a 45-minute timed attempt.
Record bills of exchange transactions covering drawing, acceptance, discounting, endorsement and honour on due date.
Journalise dishonour of a bill with noting charges and compute the amount recoverable.
Explain the difference between a bill of exchange and a promissory note in your own words.
Your checkpoint
A timed final accounts attempt scored against a self-made checklist plus a bills of exchange journal covering five scenarios.
Accounting for Bills of Exchange & Computerised Accounting and Accounting Software Basics
Solve two bills of exchange problems including renewal and retirement of a bill.
Describe the features, advantages and limitations of computerised accounting compared with manual accounting.
Identify the components of accounting software (data entry, ledger, reports) and distinguish readymade from customised software.
Explain the role of a database and a chart of accounts in accounting software.
Your checkpoint
A two-column comparison table of manual versus computerised accounting with at least eight points plus a labelled diagram of accounting software components.
Introduction to Accounting & Conceptual Framework of Accounting & Accounting Equation and Transaction Analysis & Journal, Ledger and Trial Balance & Subsidiary Books and Cash Book & Bank Reconciliation Statement & Capital and Revenue Transactions, Depreciation and Provisions & Final Accounts of Sole Proprietors (without adjustments) & Accounting for Bills of Exchange & Computerised Accounting and Accounting Software Basics
Revise all ten domains using a one-page summary sheet per domain.
Complete two full-length mock papers under exam timing and mark them yourself.
Re-work every question missed in the mocks until each is solved without notes.
Memorise the format of journal, ledger, trial balance, cash book, BRS and final accounts.
Your checkpoint
Two completed mock papers with a written error log listing each mistake, its cause and the corrected working.
Milestones
Week 2: Can journalise, post and balance a trial balance of 20 transactions without referring to notes, and can name the concept violated by a given wrong entry.
Week 4: Produces a three-column cash book and two bank reconciliation statements that agree to the same adjusted balance within 30 minutes.
Week 6: Completes trading, profit and loss account and balance sheet from an unadjusted trial balance in 45 minutes with the balance sheet tallying.
Week 8: Scores at least 70 percent on both full-length mocks and can explain every error in the error log without notes.