Taxmann's Financial Accounting (Including Lab Work)

Page 1

PART A ACCOUNTING B

FINANCIAL
PART
COMPUTERISED ACCOUNTING

Journal, Ledger and Trial Balance

Chapter Outline

40 Chapter 3
Accounting Process Step in Accounting Process Recording in Journal Types of Accounts Rules of Debit and Credit Compound Journal Entries Ledger Steps in Ledger Posting Balancing of Ledger Accounts Trial Balance – Meaning and Objectives Problems and Solutions Examination Questions

Accounting Process

Steps in Accounting Process

Source documents

Journal

Recording in Journal

Types of Accounts

Golden Rules of Debit and Credit

Solution :

Illustration 3.1

Solution :

Illustration 3.2
Compound Journal Entries Illustration 3.3
Solution : Illustration 3.4

Solution :

Ledger

Points to be noted in the ledger:

Distinction between Journal and Ledger

Ledger Posting

Balancing of Ledger Accounts

Illustration 3.5

Solution :

Trial Balance

Objectives

Solution: Illustration 3.6

Solution:

Illustration

Solution:

Illustration

3.7
3.8

Solution:

Problems and Solutions Problem 3.1
Solution: Problem 3.2

Financial Accounting (Including Lab Work)

AUTHOR : M.N. Arora , K.V. Achalapathi , S. Brinda : TAXMANN OF PUBLICATION : July 2022 : Reprint 2022 9789356223363 : 504 PAPERBACK

Rs. : 695 | USD : 42

Description

This is a focused book on Financial Accounting for B.Com. students to possess knowledge of the concepts and practices. It also provides exam-oriented problems and solutions.

The Present Publication is the Reprint 2022 Edition, authored by CMA M.N. Arora, Dr K.V. Achalapathi, and Dr S. Brinda. The noteworthy features of this book are as follows:

Student-friendly, Systematic & Intelligible] The subject matter is presented in a student-friendly, systematic & intelligible manner with a focus on the concept and practices of Financial Accounting

Discussions with Numerical Examples] Every discussion involving a conceptu al difficulty is immediately followed by a numerical example

Charts & Diagrams] have been included in this book to bring to light the finer points of the subject and to make it understandable

[Computerized Accounting] includes solved problems for the benefit of the student

Theoretical & Numerical Questions] from various examinations have been included in this book

[Objective Type Questions] have been given to serve as self-test by students

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