CHAPTER 1: THEORETICAL FRAMEWORK OF ACCOUNTING.. 4
UNIT 1: MEANING & SCOPE OF ACCOUNTING.. 4
UNIT 2: ACCOUNTING CONCEPTS, PRINCIPLES AND CONVENTIONS. 18
UNIT 3: ACCOUNTING STANDARDS – AN INTRODUCTION.. 27
UNIT 4: ACCOUNTING POLICIES. 36
UNIT 5: ACCOUNTING AS A MEASUREMENT DISCIPLINE. 37
CHAPTER 2: ACCOUNTING PROCESS. 45
UNIT 1: JOURNAL ENTRY.. 46
UNIT 2: LEDGER ACCOUNTING: 65
UNIT 3: TRIAL BALANCE: 66
UNIT 4: CAPITAL AND REVENUE EXPENDITURE AND RECIEPTS. 69
UNIT 5: CONTINGENT ASSETS AND LIABILITIES. 74
CHAPTER 3: INVENTORIES. 82
CHAPTER 4: DEPRECIATION ACCOUNTING.. 96
CHAPTER 5: FINAL ACCOUNTS OF SOLE PROPRIETORS. 104
UNIT 1: MANUFACTURING CONCERNS. 104
UNIT 2: TRADING CONCERN (NON MANUFACTURING) 107
CHAPTER 6: PARTNERSHIP ACCOUNTS. 124
UNIT 1: INTRODUCTION TO PARTNERSHIP ACCOUNTS. 124
UNIT 2: TREATMENT OF GOODWILL IN PARTNERSHIP ACCOUNTS. 134
UNIT 3: ADMISSION OF A PARTNER.. 139
UNIT 4: RETIREMENT OF A PARTNER: 147
UNIT 5: DEATH OF A PARTNER: 152
CHAPTER 7: COMPANY ACCOUNTS. 156
UNIT 1: INTRODUCTION TO COMPANY ACCOUNTS: 156
UNIT 2: ISSUE, FORFEITURE AND REISSUE OF SHARES. 164
UNIT 3: REDEMPTION OF PREFERENCE SHARES: 183
UNIT 4: ISSUE OF DEBENTURES. 190
CHAPTER 8: BANK RECONCILIATION STATEMENT. 199
CHAPTER 9: RECTIFICATION OF ERRORSÂ 210