General time-volume averaged conservation equations and jump conditions for two-phase flows are derived here. The time-averaged equations for a single phase region in two-phase flow are obtained from local instant balance equations by a technique often used for single phase turbulent flow equations. The results obtained by integrating the time averaged equations over a flow volume are spatially averaged twice; first, they are averaged over a single phase region of the k-th phase and then averaged over the total volume of the k-th phase, in a flow volume. The mass, momentum, and energy conservation equations are obtained from the general time-volume averaged equations. The advantages of the present model are explained by comparing it with Ishiis model (1) and Banerjees model (2). Finally, the assumptions and approximate terms of the equations of the THERMIT-6S are clarified.