Fundamental accounting involves the systematic recording, summarising, analysing, and reporting of financial transactions. It encompasses key principles such as the Revenue Recognition Principle, which states that revenue is recognised when earned, the Historical Cost Principle, which records assets at their original purchase cost,

marks:

1- MTA exam (30 marks)

2- quiz one (7.5 marks)

3-Quiz two (7.5 marks)

4: attendance (5 marks)

5 final exams (50 marks)

midterm (30 marks)

1. Principle of accounting

2- journal and t-account

3. Trial balance , income statement

4. Balance sheet

5- FIFO, LIFO and average cost

Quizzes (15 marks)

1- quiz one on book one and two

2- quiz two on book three

final (50 marks)

1. High and low method

2- breakeven point

3- budgeting

4- adjustment

5. Decision-making

6- theoretical