This course deals with the basic principles of accounting in proprietorship business. This course deals with the method of recording business transactions based on vouchers, receipts, checks and other documents. The course also deals with journalizing and ledger posting of business transactions, preparation of trial balance, income statements and the balance sheet. It would enable the student to learn the preparation of 10 column worksheet. On completion of the course, the student would be able to demonstrate an understanding of accounting principles and apply the skills practically in a business organization.