BASIC FINANCIAL ACCOUNTING-I SOLVED PAPERS AND GUESS
Product Details:BASIC FINANCIAL ACCOUNTING-I SOLVED PAPERS AND GUESS
Format: BOOK
Pub. Date: NEW EDITION APPLICABLE FOR Current EXAM
Publisher: MEHTA SOLUTIONS
Edition Description: 2016-17
RATING OF BOOK: EXCELLENT
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FROM THE PUBLISHER
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. this BASIC FINANCIAL ACCOUNTING-I contains previous year solved papers plus faculty important questions and answers specially for PERIYAR UNIVERSITY .questions and answers are specially design specially for PERIYAR UNIVERSITY students .
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IMN104: BASIC FINANCIAL ACCOUNTING-I
Module-I:
Introduction: Accounting as a business function and language of business; Characteristics,Functions , Objectives, and Basis of Accounting; Users of Accounting information;Limitations of Accounting; Cyclical nature of business and Accounting cycle.
Module-II:
Fundamentals of Accounting:Accounting Equation; Accounting events and transactions;Classification of Transactions and their effects on Accounting Equation; Statements showing the effect of transactions on assets, liabilities and capital; Accounting concepts and GAAP – as applicable to Balance Sheet and Income Statements; The Rules of Debit and Credit.
Module-III:
Recording Transactions: The Journal; The ledger postings; Subsidiary Books of Accounts; Capital and Revenue transactions; Fixed Assets and Depreciation policy; Rectification of Errors,Trial Balance
Module-IV:
Final Accounts of Trading Concerns: Meaning of financial statements,Presentation of final accounts, Trading account, Profit & Loss Account, Balance Sheet, Manufacturing Account, Financial statements with adjustments
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