Here you can get Financial Accounting notes and all previous year questions solved. Click on the link of any topic to get the notes.
INTRODUCTION TO ACCOUNTING
ACCOUNTING CONCEPTS AND CONVENTIONS
CAPITAL AND REVENUE
FINAL ACCOUNTS (SOLE TRADER)
VOYAGE ACCOUNTS
JOINT VENTURE
CONSIGNMENT ACCOUNTS
DEPARTMENTAL ACCOUNTS
BRANCH ACCOUNTS
Introduction –Nature of financial Accounting–scope–objects–limitations–Accounting concepts
and conventions
Conceptual Frame Work for preparation and presentation of financial statements– Capital, Revenue and deferred revenue expenditure – Capital and revenue receipts
Final Accounts of Sole Proprietor
Voyage Accounts– Meaning, accounting treatment in case of complete voyage &
incomplete voyage.
Joint Venture – Meaning, types, determination of profits under different methods.
Consignment Accounts–Meaning, features, consignee’s commission, account sales,
distinction between joint venture & consignment, accounting treatment in the books of consignor
& consignee
Departmental Accounts – Meaning–Objects–Advantages–Accounting procedure–Allocation of
expenses and incomes – Interdepartmental transfers – Provision for unrealized profit.
Branch Accounts –Features–Objects–Types of branches–Dependent branches–Account Systems – Stock and Debtors System –Independent branch –Features – Preparation of Consolidated Profit
and Loss Account and Balance sheet
