Financial Accounting: A Dynamic Approach

Front Cover
PHI Learning Pvt. Ltd., 2008 - Accounting - 1097 pages

 

Description:

Intended primarily as a text for the undergraduate students of commerce, this book gives a comprehensive and indepth analysis of the concepts and principles underlying financial accounting. It also introduces the student to the tools and techniques essential for tackling real-life problems.

The text discusses in detail final accounts, branch accounting, hire-purchase and instalment sales, partnership accounts, stock valuations, as well as other company accounts. The book would be of considerable help to the readers in preparing financial statements and would equip them with the necessary knowledge in understanding the financial performance and the financial position of an organization and communicate these to its stakeholders.

Besides students of commerce, those appearing for various professional examinations such as CA and ICWA foundation courses should find this student-friendly and accessible book extremely useful.

 

Selected pages

Contents

Concepts Scope
1
Exercises
17
Accounting Cycle and Double Entry System
23
Key Problems
38
2
57
Subsidiary Books
66
1
78
2
92
Exercises
466
Average Due Date and Account Current 479499
479
7
481
Exercises
492
SelfBalancing and Sectional Balancing System 500538
500
Key Problems
513
Exercises
530
Consignment Accounting 539578
539

Bank Reconciliation Statement
109
1
134
The Convention of Periodicity
140
Exercises
162
1
173
Key Problems
186
Exercises
195
Reserves and Provisions 210234
210
Exercises
225
Inventory Valuation 235257
235
Objectives of Providing Depreciation
243
Exercises
249
Journal Proper 258298
258
Key Problems
267
Exercises
281
Final Accounts with Manufacturing Account 299377
299
Exercises
342
Final Accounts of NonTrading Concern 378426
378
Key Problems
385
Exercises
408
Bill of Exchange 427478
427
Key Problems
435
Key Problems
546
Exercises
560
Joint Venture 579611
579
Key Problems
585
Exercises
600
Final Accounts of Incomplete Records 612659
612
Exercises
637
Branch Accounting 660736
660
173209
669
Exercises
715
HirePurchase System and Instalment Payment System 737802
737
Key Problems
743
Exercises
782
Accounting for Goods Sent on Sale or Return Basis 803810
803
Exercises
810
2
921
Corporate Accounting 9881091
988
Key problems
998
Redemption Reserve under Section 117C
1048
Exercises
1057
Index 10931097
1093
Copyright

Other editions - View all

Financial Accounting : Concepts, Analyses, Methods And Uses, 1/e
Banerjee,B K
Limited preview - 2010
Financial Accounting: A Dynamic Approach
Banerjee B. K.
Limited preview - 2008
Financial Accounting : Concepts, Analyses, Methods And Uses, 1/e
Banerjee,B K
No preview available - 2010

Common terms and phrases

Account Cr accounting period adjustment entries amount Bad debts Balance b/d balance sheet bank reconciliation basis Bills payable Branch A/c Branch Debtors Calculation Capital A/c Dr Capital Accounts Carriage Cash A/c cash book Cash in hand Cash received Cash sales charged cheque Closing stock commission consignee Consignment Credit sales Date Particulars debited Debtors A/c December 31 deposited Discount allowed doubtful debts ended on December expenses fixed assets Furniture goodwill Gross profit head office income incurred instalments Interest A/c invoice price January journal entries Kolkata Ledger Adjustment A/c Less liabilities Loss A/c Loss Account Machinery A/c March 31 method months Opening stock Outstanding paid partners pass book balance payment Profit and Loss Provision for bad provision for discount Provision for doubtful Purchases A/c realized rent Return Salaries Sales A/c sent shown sold Stock A/c Subscriptions Sundry creditors Suspense A/c transactions transferred trial balance XXXX

About the author (2008)

Banerjee, B. K.

B. K. Banerjee is a faculty member of Durgapur Government College, Durgapur, West Bengal. He is also an Academic Guide and Visiting Faculty Member to ICFAI National College, Durgapur. A life member of the Indian Accounting Association, Mr. Banerjee has more than 24 years of teaching experience. He has also authored many books, published by PHI Learning. He has presented several papers in national/international conferences and seminars.


 

Bibliographic information

TitleFinancial Accounting: A Dynamic Approach
AuthorBanerjee B. K.
PublisherPHI Learning Pvt. Ltd., 2008
ISBN812033194X, 9788120331945
Length1097 pages
  
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