Principles and Practice of Accounting (Paper 1)

• A detailed syllabus oriented book for CA Foundation students covering• Accounting: An Introduction• Accounting Principles: Concepts and Conventions• Accounting Standards: Indian and International• Double Entry System• Journal Ledger and Trial Balance• Cash Book and other Subsidiary Books• Rectification of Errors• Bank Reconciliation Statement• Inventory Valuation• Depreciation Accounting• Bills of Exchange• Sale of Goods on Approval Basis• Consignment Accounts• Joint Venture Accounts• Royalty Accounts• Average Due Date and Account Current• Final Accounts• Partnership: Introduction and Nature• Partnership: Final Accounts and Goodwill• Partnership: Admission of a New Partner• Partnership: Retirement or Death of A Partner• Financial Statements of Not-for-Profit Organisations• Issue and Forfeiture of Shares• Issue of Debentures• Ratio Analysis• Multiple Choice Questions (MCQs)• Mock Test (with Solution) Paper-1• Mock Test (with Solution) Paper-2• Glossary