It is a matter of great pleasure to present the second revised edition of this book on Financial Accounting to the students and teachers of First Year Bachelor of Commerce – Accounting and Finance (F.Y. BAF), Semester I course started by University of Mumbai.
We have tried to make and present the book in simple language and precise. We are hoping that the diagrams and step-by-step answers put up will be helpful to understand the subject clearly.
Contents –
1. Accounting Standards
2. Stock Valuation
3. Capital and Revenue Expenditure
4. Final Accounts
5. Departmental Accounts
6. Accounting for Hire Purchase
