Taxman's financial accounting: problems and solutions. /
Ashok Sehgal and Dr. Deepak Sehgal
- New Delhi: Taxmann Allied Services, c2010.
- 179 p.: 24cm.
Contents: Accounting - the language of business -- Financial accounting principles -- Financial accounting standards -- Accounting process -- Business income -- Revenue recognition (including salient features of AS-9) and expense recognition -- The Nature of depreciation -- Inventory valuation (including salient features of AS-2 revised) -- Capital and revenue expenditures and receipts -- Financial statements of non-corporate business entities -- Financial statements of 'not-for-profit' organisations -- Financial statements from incomplete records -- Accounting for hire-purchase and instalment payment transactions -- Leases -- Accounting for branches -- Accounting for dissolution of partnership firms -- Guide to solutions to review questions -- Guide to answers to practical problems.