Financial Accounting Bangalore City University B.Com SEP 2024-25 1st Semester Notes

Unit 1 [Book]
Accounting, Meaning, Scope, Objectives, Importance and Functions VIEW
Terminologies used in accounting VIEW
Users of Accounting Information VIEW
Accounting Process VIEW
Cash basis and Accrual basis of accounting VIEW
Branches of Accounting VIEW
Principles of Accounting VIEW
Accounting Concepts and Accounting Conventions VIEW
Accounting Standards, Meaning, Objectives, Functions, Need VIEW
Indian Accounting Standards (Ind AS), Meaning, Definition, Need, Objectives VIEW
Accounting Equations VIEW
Problems on Accounting Equations VIEW
Unit 2 [Book]
Accounts from Incomplete Records/Single Entry System -Meaning, Features, Merits & Demerits VIEW
Conversion into Double Entry System, Need for Conversion VIEW
Preparation of Statement of Affairs VIEW
Cashbook VIEW
Memorandum Trading Account VIEW
Total Debtors Account VIEW
Total Creditors Account VIEW
Bills Receivable Account and Bills Payable Account VIEW
Trading VIEW
Profit & Loss VIEW
Balance Sheet VIEW
Unit 3 [Book]
Consignee VIEW
Account Sales VIEW
Proforma Invoice VIEW
Goods Invoiced at Cost Price VIEW
Goods Invoiced at Selling Price VIEW
Accounting for Normal & Abnormal Loss VIEW
Valuation of Stock VIEW
Passing of Journal Entries Preparation of Ledger Accounts in the Books of Consignor and Consignee VIEW
Unit 4 [Book]
Meaning of Hire Purchase and Installment Purchase System VIEW
Difference between Hire Purchase and Installment Purchase VIEW
Hire Purchase Agreement VIEW
Hire Purchase Price VIEW
Hire Purchase Charges VIEW
Cash Price VIEW
Calculation of Cash Price VIEW
Calculation of Interest VIEW
Journal Entries and Ledger Accounts in the books of Hire Purchaser only VIEW
Unit 5 [Book]
Meaning, Objectives and Advantages of Branch Accounting VIEW
Meaning and Features of Dependent Branches VIEW
Meaning and Features of Independent Branches VIEW
Meaning and Features of Foreign Branches VIEW
Methods of maintaining Books of Accounts by the Head Office VIEW
Debtors System only when the Goods are sent at Cost Price VIEW
Goods are sent at Invoice Price VIEW
Ascertainment of Profit or Loss of Branch under Debtors System VIEW

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