Introduction to Accountancy

Introduction to Accountancy gives an insight to the world of accounting, and several of its basic concepts and policies that are utilised by various business organizations. The latest book has a list of salient features. It has a fresh look, and comes with serial numbering of all of the illustrations and exercises. Accounts of Insurance Companies has undergone a revision in par with the latest provisions. Chapter 12 exhibits a new treatment of Goodwill. Chapter 13 has additions of new concepts like buy back of shares and some more legal provisions. The Amalgamation part in Chapter 19 is also revised. Chapter 21 is equipped with the latest features of bank accounts as per the current need, with revision of formats of Profit and Loss Account and Balance Sheets. Introduction to Accountancy addresses and explains a panorama of issues, including the ledger, sale and purchase of goods, trial balance and errors, bill of exchange, final accounts, and a lot more.

T. S. Grewal is an eminent educationist and humanist. One of his popular books is Advanced Accounts. In 1940, he graduated from Shri Ram College of Commerce, Delhi University. In 1942, he completed his M.A. (Com.) from Calcutta University, Calcutta with a gold medal. He was selected for the International Teachers Program by Harvard Business School in 1968. Grewal has written several articles in various national and international journals. Despite this, he is the author of many scholarly text books on accountancy, including cost accounting and management. Sushil Kumar Gupta is a senior academician, educationalist and administrator with more than 40 years of active participation at the national level. His books on Mathematics for the ISC students and the Mathematics Today Series are widely used by students. Some of his books include ICSE Mathematics For 10 and Composite Mathematics Book 7. He has a Master’s degree in Mathematics. Gupta was the Principal of Birla Vidya Mandir, Nainital, and presently, continues to be closely associated with several eminent schools in India as a patron or member of their Board of Management and Trusts. As the chairperson of the Indian Public Schools Conference, Gupta played a key role in its interest and activities and was a  member of the Governing Council of the CBSE.