Fundamentals of Financial Accounting

Contents

1. Financial Accounting

1.1 Introduction

1.2 Definition of book keeping

1.3 Book keeping and Accounting

1.4 Different Important Accounting Concepts and Terminologies

1.5 Classification Of Accounts

2. Double Entry System of Accounting

2.1 Introduction

2.2 Ledger

2.3 Subsidiary Books

2.4 Bank Reconciliation Statement

3. Accounting Policies

3.1 Introduction

3.2 Classification of Material

3.3 Codification of raw material

3.4 Methods of pricing of issues of materials

3.5  Depreciation 29

3.6  Methods of Depreciation

4. Final Account

4.1 Introduction

4.2 Trading Account

4.3 Profit and Loss A/c