Basic Accounting, Second Edition by Preeti Hiro,Rajni Sofat - 2010

PHI Learning, 2010. 2nd edition. Softcover. New. The second edition of this textbook has been enlarged by including three new chapters on rectification of errors, bank reconciliation statement and depreciation, provisions and reserves. In addition, the new edition provides International Financial Reporting Standards in the existing Chapter 2. The book fosters a solid understanding of fundamental principles and techniques used in accounting. It presents the double entry system, explains the rules of writing journal and ledger entries, discusses preparation of final accounts and elaborates on the management accounting process. The book also describes sources of finance and share capital and also the necessity and working of a computerized accounting system. The book is especially designed for the undergraduate students of computer applications (BCA) and business administration (BBA). It is also useful for the postgraduate students of business administration (MBA). CONTENTS: Preface • Preface to the First Edition 1. INTRODUCTION TO ACCOUNTING 2. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES 3. ACCOUNTING EQUATION 4. DOUBLE ENTRY SYSTEM 5. JOURNAL 6. LEDGER 7. TRIAL BALANCE 8. SUB-DIVISIONS OF JOURNAL 9. CASH BOOK 10. FINAL ACCOUNTS-I (SIMPLE) 11. FINAL ACCOUNTS WITH ADJUSTMENT 12. RECTIFICATION OF ERRORS 13. BANK RECONCILIATION STATEMENT 14. DEPRECIATION, PROVISIONS AND RESERVES 15. MANAGEMENT ACCOUNTING 16. SOURCES OF FINANCE 17. COMPANY ACCOUNTS SHARE CAPITAL 18. APPLICATION OF COMPUTERS IN ACCOUNTING Bibliography • Model Question Papers • Index Printed Pages: 588.