This well-known textbook provides students with the knowledge of basic accounting principles and practices in a systematic manner. The unique feature that has made this book popular among students is the simplicity of presentation which enables them to understand the subject and solve practical problems with ease. The main strengths of the book are the plentiful illustrative examples and the end-of-chapter exercise with answers. Its wide coverage and user-friendly approach has made the book to meet comprehensively the requirements of students studying Financial Accounting as a subject at BBA examination of different universities.
Table of Content -
Section-I: Accounting Principles and Processes:
1. Meaning and Scope of Accounting, 2. Accounting Principles, 3. Basic Accounting Terms, 4. Journalizing Transactions, 5. Ledger Posting and Trial Balance, 6. Sub-Division of Journal, 7. Bank Reconciliation Statement, 8. Capital and Revenue, 9. Final Accounts, 10. Rectification of Errors, 11. Depreciation, Provisions and Reserves, 12. Accounting Concept of Income, 13. Computers & Accounting: An Introduction, 14. Accounting in a Computerized Environment, 15. Accounting and Database System, 16. Inventory Valuation
Section-II: Company Accounts:
1. The Joint Stock Company, 2. Shares and Share Capital, 3. Debentures, 4. Company Financial Statements, 5. Contemporary Issues and Challenges