Table of contents PART I: THEORY RELATED QUESTIONS AND ANSWERS
1.Important Distinctions
2.Important Short Notes
3.True or False Questions with Explanatory Notes
4.Accounting Principles, Standards and Policies
PART II: PROBLEMS AND SOLUTIONS
5.Accounting Equation
6.Journalising, Posting and Balancing
7.Subsidiary Books I ? Cash Book
8.Subsidiary Books II ? Other Books
9.Bank Reconciliation Statement
10.Trial Balance, Errors and Their Rectification
11.Financial Statements
12.Accounting for Not for Profit Organisations
13.Depreciation, Reserves and Provisions
14.Valuation of Inventory
15.Accounting for Consignment
16.Accounting for Joint Venture
17.Accounting for Bills of Exchange
18.Average Due Date and Account Current
19.Self Balancing and Sectional Balancing System
20.Goods Sent on Approval or on Sale or Return Basis
21.Insurance Claim
22.Accounting for Partnership Firms ? Fundamentals
23.Reconstitution of Partnership ? Change in Profit Sharing Ratio
24.Accounting for Partnership Firms ? Admission of a Partner
25.Accounting for Partnership Firms ? Retirement/ Death of Partner
26.Accounting for partnership ? Dissolution of a Firm
27.Accounting for Partnership ? Insolvency of a Partner and Firm
New Features
Salient Features
*Part of CA Digest Series?A question and answer read reckoner series aimed at making students aware of the type of questions on a particular topic, and how their answers should be presented in the examination
*Over 50 important distinctions; over 50 short answer questions; over 150 true/false questions; and over 25 short answer questions on Accounting Standard-related topics
*Over 400 Practical Problems with their solutions, organised ina chapter-wise manner