FINANCIAL ACCOUNTING – I (HONOURS)
B.com (hons.) SYLLABUS
UNIT – I
Definition of Accounting, Accounting concepts and terminologies, Accounting Records – Journals, Ledgers, Cash Book and other records of financial accounting.
UNIT – II
Depreciation, provision, reserves, Accruals Rectification of Errors – Trail balance, Final Accounts – Manufacturing, Trading Account – Profit & Loss Account – balance Sheet – Vertical and horizontal forms.
UNIT – III
Bank Reconciliation statement. Bills of Exchange, Consignment Accounts and Joint Venture.
UNIT – IV
Accounts of Incomplete records – Accounts of non-trading concerns.
UNIT – V
Partnership Accounts – methods of Maintaining Capital Accounts, Final Accounts – Admission, Retirement, Death – Dissolution.
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