Financial Accounting For B.B.A. Sem. I of Lucknow University

Accountancy is mostly regarded as a difficult subject but the reader of Financial Accounting Book will realise that it is not so, because it has been written in simple language and in most systematic order explaining each and every point at length. Some of the special features of Financial Accounting Book are : Many developments have taken place in Accounting Philosophy and International Accounting Standard. An effort has been made to incorporate all such developments in Financial Accounting Book. The book includes the latest status all Accounting Standards issued by the Institute of Chartered Accountants of India. This book adequately satisfies the standard of undergraduate students. After going through the theory, illustrations and questions of this book, one can easily solve questions of university examinations. Chapters of Hire-Purchase System and Partnership Firm have been thoroughly revised and new material and numerical illustrations have also been incorporated. In each chapter of the book, final accounts have been closed on 31st March only and the final accounts pertaining to companies have been prepared in accordance with Schedule III of the Companies Act, 2013.