Includes appendix.

Accounting - an introduction -- Theory base of accounting - GAAP -- Theory base of accounting - accounting standards and policies -- Practical base of accounting - origin and analysis of business transactions -- Practical base of accounting - accounting for business transactions -- Errors management -- Bank reconciliation statement -- Depreciation, reserves & provisions -- Inventory valuation -- Capital and revenue expenditures and receipts -- Financial statements of profit-making entities - trading organisation -- Financial statements of - manufacturing cum trading organisations -- Financial statements of non-profit-making entities -- Financial statements of professional firms -- Average due date -- Account current -- Multiple ledger system - sectional and self-balancing ledgers -- Accounts of consignment transactions -- Joint venture accounts -- Bills of exchange -- Accounting of partnership firms - fundamentals -- Admission of a partner -- Retirement of a partner -- Death of a partner -- Dissolution of a partnership firm -- Branch accounting -- Hire purchase accounting and instalment -- Accounting for leases -- Departmental accounts.