UNIT - I 1. Introduction to Accounting, 2. Accounting Principles : Concept and Conventions, 3. Indian and International Accounting Standards, UNIT - II 1.Preparation of Journal, Ledger and Trial Balance , 2. Preparation of Subsidiary Books (i) Cash Book (ii) Other Subsidiary Books, UNIT - III 1.Accounting for Depreciation , 2. Valuation of Inventory (Stock) , 3. Accounting of Non-Trading or Not-For-Profit Organisations/Institutions, 4. Single Entry System or Accounting from Incomplete Records.
1. Business Studies : Commerce, Business and Profession, 2. Sole Proprietorship or Sole Trade , 3. Partnership : Including Provisions of Limited Liability Partnership Act, 2008, 4. Private and Public Sector/Enterprises, 5. Joint Venture and Public/Private Partnership, 6. Company/Joint Stock Company,. 7. Banking Instruments, 8. Accounting—Meaning and Scope, 9 .Accounting Principles : Basic Concepts and Conventions, 10. Capital and Revenue Expenditure and Receipts, 11. Double Entry System—Rules of Debit and Credit, 12. Recording of Business Transactions : Journal , 13. Accounting Standards, 14. Simple Interest, 15. Compound Interest , 16. Bank Reconciliation Statement .
The glory of our ancient and oldest learning centres at Taxashila and Nalanda Universities flourished between Fifth Century BC and Twelfth Century AD. The first three modern Universities were established in 1857 as Calcutta, Bombay and Madras Universities under the aegis of the British Rule. The new National Education Policy (NEP) is the continium of our education policies of the post Independence India measuring upto educational standards of the developed countries. The Bangalore University has been in the forefront of implementing the NEP program during this last four years. It has been the FIRST university in the country to introduce the four years undergraduate program BA (Honours), B.Sc (Honours) from the academic year 2021-2022. The University took up the implementation of NEP earnestly training its teachers from awareness to policy, concepts, curriculum and syllabus framing both at the university departments as well as its constituent and affiliated colleges in addition to mentoring private and deemed universities in Bangalore. The University in coordination with UGC, AICTE, National Assessment and Accreditation Council (NAAC) and Government of Karnataka conducted hundred of programmes in effective Implementation of the NEP 2020. The Bangalore University participated as lead organisation in the conference graced by the President of India and the Governors of the states in August 2021. A workshop of south Indian Vice Chancellors was Organised in Bangalore at NAAC during December 2021. The Government of Karnataka under Higher Education Council were able to prepare curriculum and syllabus in a record time. Online teaching-learning process, digitalisation of examination system, admissions and administrative systems in the rapidly changing world of digital revolution of Anytime, Anywhere, Anyone, AnyMedia, AnyLanguage, Anydevice, AnySubject, AnyCourse, AnyDiscipline, AnyAmount, AnySpeed took the world by storm in the times of the onslaught of COVID-19 between 2020-2021. This book is useful to all those who have been involved in implementing NEP-2020 in the last two years, viz, Vice-Chancellors, educationists, private universities, autonomous colleges, deemed universities, professors and NGOs, across the country.
1. Accounting — Meaning and Scope, 2. Accounting Principles : Concepts and Conventions, 3. Double Entry System, 4. Recording of Transactions : Journal, Ledger and Trial Balance, 5. Sub-division of Journal : Subsidiary Books (i) Cash Book (ii) Other Subsidiary Books, 6. Final Accounts-with Adjustments, 7. Accounting Standards, 7 (A) . Detailed Study of Accounting Statndards 6 and 10, 8. Branch Accounting, 9. Departmental Accounting, 10. Royalty Accounts, 11. Accounting of Non-Trading or Not-for-Profit Organisations/Institutions, 12. Joint Venture Accounts, 13. Consignment Accounts, 14. Investment Accounts, 15. Dissolution of a Partnership Firm-I, 16. Dissolution of a Partnership Firm-2, 17. Dissolution of a Partnership Firm-3, 18. Amalgamation of Partnership Firm, 19. Sale of Partnership Firm/Conversion into Company. 20. Revenue Recognition (AS -9), 21. Depreciation, 22. Computerised Accounting Sysytem (CAS), Chapterwise Very Short Answer Type Questions
1. Nature And Scope of Accounting, 2. Accounting Principles, 3. Indian and International Accounting Standards, 4.Accounting Mechanism : Double Entry System, 5. Preparation of Journal Entries, Ledger and Trial Balance, 6. Goods and Service Tax (G.S.T.), 7. Concepts of Income and its Measurement, 8. Preparation of Final Accounts, 9. Royalty Accounts, 10. Hire - Purchase System, 11. Instalment Psyment System, 12. Department Accounts, 13. Branch Accounting, 14. Insolvency Accounts, 15. Voyage Accounts, 16. Insurence Claims, 17. Indian Accounting System. (Computerised Accounting) 1.Accounting, 2. Introduction to Computer and Accounting Information System (IAS), 3. Computerised Accounting System Appendix : Multiple Choice Question with Answers.
The book has been designed as per the Syllabus prescribed by the University of Madras for Paper on ‘Financial Accounting’ effective 2020-21 for B.Com. Degree First and Second Semesters Core Course; B.Com. (A & F), B.Com. (CS), B.Com. (BM), B.Com. (MM), B.Com. (CA) & B.Com. (ISM)
1. Issue, Forfeiture and Reissue of Shares, 2. Issue of Rights, Bonus Shares and Buy Back of Shares, 3. Issue and Redemption of Preference Shares, 4 . Issue of Debentures, 5. Redemption of Debentures, 6. Final Accounts of Companies, 7. Accounts of Liquidation of a Company (Voluntary Liquidation Only), 8. Valuation of Goodwill, 9. Valuation of Shares, 10. Accounting for Amalgamation of Companies as per A.S.-14, 11. Accounting for Reconstruction of a Company, 12. Holding and Subsidiary Companies : Preparation of Consolidated Balance Sheet, 13. Disposal of Profits (Including Dividend), 14. Managerial Remuneration, 15. Depreciation, 16. Provisions, Reserves and Funds, 17. Double Account System, 18. Accounts of Banking Companies, 19. Accounts of General Insurance Companies, 20. Annual Accounts of Life Insurance Companies, Objective Type Questions Examination Paper.
