This book “Financial Accounting – I” is prepared for the syllabus requirement of First Semester B.Com., of Kuvempu University.
Being student friendly is the unique feature of this book. The subject matter has been presented systematically, which can enable the reader to master the topics covered, without any additional guidance. Most later provisions have been incorporated in this book
There are two types of graduates – those who have learnt “how to learn” and those who have learnt “how to think”. Universities have considered introduction of Semester System to facilitate “thinking and application skills.” The Semester System provides sufficient time for a student to learn the entire width and depth of any topic, making him remain more focused and acquire specialised knowledge.
Complete care has been taken to make the book error-free. However, mistakes might have crept inadvertently. Readers finding any errors-with regard to accounting treatment or calculation-are requested to bring it to our notice, for enabling us to rectify them in our future editions.
Contents –
1. Introduction Financial Accounting
2. Final Accounts of Sole Trading Concerns
3. Consignment Accounts
4. Accounting for Joint Ventures
5. Final Accounts of Non-Profit Organisations
