Financial Accounting  (Paperback, Bhushan Kumar Goyal, H.N. Tiwari)

Financial Accounting is a comprehensive, authentic & well-illustrated book. This book aims to fulfil the requirement of students of undergraduate courses in commerce and management, particularly the B.Com.(Hons.) Sem (I) Paper BCH 1.2 Core under the CBCS Programme, Non-Collegiate Women's Education Board (NCWEB), and School of Open Learning (University of Delhi). This book will also be applicable for undergraduate commerce & management courses at various Central Universities throughout India. The Present Publication is the 9th Edition, authored by Bhushan Kumar Goyal & H.N. Tiwari, with the following noteworthy features: (1) [Highlights of the Ninth Edition] are as follows: (a) [Most Amended & Updated] The following chapters have been revised: (i) The chapter on Depreciation Accounting as per AS-10 (Revised), "Property, Plant and Equipment" (ii) Financial Statements of a Trader changed in light of GST (iii) The chapter on Computerised Accounting System has been revised as per the new version of TALLY PRIME (b) [New Illustrations] has been added in this book (c) [B.Com. (Hons.) Past Question Papers] for the years 2018, 2019 & 2021 have been added to this book (2) [Comprehensive Presentation of Theory, Procedure & Practice] of accounting (3) [Student-Oriented Book] This book has been developed, keeping in mind the following factors: (a) Interaction of the author/teacher with their students in the classroom (b) Shaped by the author/teachers experience of teaching the subject-matter at different levels for more than 43 years (c) Reaction and responses of students have also been incorporated at different places in the book (4) [Simple Language & Systematic Manner] of the presentation of the subject matter (5) [Solved Illustrations & Working Notes] have been incorporated throughout this book to make the understanding of the concepts easy (6) [Practical Assignments & Latest Questions Papers] have been given in Vol. II of the book (7) [Multiple True/False Type Questions] have been incorporated in the book The contents of the book are as follows: (1) Accounting System (2) Financial Accounting Principles (3) Introduction to Accounting Standards and Ind-AS (4) Accounting Process: Journal and Ledger (5) Accounting Process: Subsidiary Books, Ledger and Trial-Balance (6) Measurement of Business Income and Revenue Recognition (7) Accounting for Property, Plant, Equipment and Depreciation (8) Inventory Valuation (9) Capital and Revenue Expenditure and Receipts (10) Financial Statements of Non-Corporate Business Entities (11) Financial Statements for Not-For-Profit Organisations (12) Accounting for Hire Purchase and Instalment System (13) Lease Accounting (14) Accounting for Inland Branches (15) Departmental Accounting (16) Partnership Accounting – Fundamentals, Admission, Retirement and Death-Overview (17) Accounting for Dissolution of Partnership Firms (18) Computerised Accounting System (19) Question Papers: (a) B.Com. (Hons.) CBCS | 2018 (b) B.Com. (Hons.) CBCS | 2019 (c) B.Com. (Hons.) CBCS | 2021