Quick Overview

Authored By

Publisher: Sultan Chand & Sons

Publishing Year: 2023

Size (mm): 240.00 x 185.00

ISBN: 93-91820-00-8

Page nos.: xxiv + 792

MRP: 595.00

Subject: Accountancy

₹595.00 + Add to Cart

The objective of the text book is basic treatment of main principles of Financial Accounting. The standard set for the book is complete clarity for beginners and such simplicity of exposition to make the text practically the best one. It is with this purpose that a maximum range of examples and illustrations (about 320) form the part of text book. The book covers all topics of the syllabus. The syllabus of B.Com. (H.) & B.Com. comprises Five Units which are elaborated in 21 chapters running in 816 text pages. 
The Chapters of the book are arranged according to five broad units:

  1. Theoretical Framework and Accounting Process.
  2. Business Income, Accounting for Plant Property and Equipment and Valuation of Inventory.
  3. Financial Statements of Sole Proprietorship and Not-for-Profit Organisations.
  4. Accounting for Inland Branches, Departments and Leases.
  5. Computerised Accounting.
Salient Features
  • Most comprehensive coverage of subject matter. All topics under the syllabus have been explained in detail. 
  • Most authentic and elaborate presentation of subject matter in simple and lucid style with a very large numbers of examples and illustrations (about 320).
  • At the beginning of each chapter an outline of chapter is given. Important Aspects of the chapters are given at the end of the chapter.
  • In each chapter Objective and Multiple Choice Questions are given in large number. At the end of each chapter, Assignments containing theoretical and numerical questions are also given for practice and revision.
  • The book also contains GSTAccounting as an Appendix of Chapter 2.
  • The book covers latest changes and amendments in the law. It is based on Accounting Standard (AS) and Indian Accounting Standard (Ind. AS). 
Thus, it is a complete text book for B.Com. (Hons.). & B.Com. students. They will find it as the best textbook for practice and comprehension of the subject.

Unit 1: Theoretical Framework and Accounting Process

  • Theoretical Framework:  Accounting Theory and Philosophy
  • Rules of Accounting and the Journal Including Appendix on GST
  • Ledger
  • Cash Books
  • Subsidiary Books
  • Trial Balance and Rectification of Errors
Unit 2: Business Income, Accounting for Property, Plant and Equipment, and Valuation of Inventory
  • Capital and Revenue (Expenditure and Receipts)
  • Accounting for Property, Plant, Equipment & Depreciation
  • Valuation of Inventory
Unit 3: Financial Statements of Sole Proprietorship and Not-for-Profit Organisations
  • Final Accounts for Sole Proprietors
  • Financial Statements of Non-Trading Organisations
Unit 4: Accounting for Inland Branches, Departments and Leases
  • Accounting for Branches
  • Departmental Accounting
  • Lease Accounting
Unit 5: Computerized Accounting Systems
  • Computerized Accounting
  • Introduction to Accounting Package – Tally
  • Creation of Groups, Ledger & Voucher in Tally
  • Display of Financial Statements
  • Application of Tally in Inventory Management
  • Goods and Service Tax (GST) Accounting in Tally
  • Backup, Restore, Data Export & Trouble Shooting

ISBN13: 978-93-91820-00-8

Weight: 0.00

Edition: 1st Edition

Language: English

Title Code: 1270


Authored By : Gupta MP, Agarwal BM
Customer Reviews
  • Dr. S. Thiruvarangadas 26/7/2023

    This text has prepared purely based on new education policy

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