Rules to Solve the Financial Accounting Problems

The contents of this book covers the syllabus of financial accounting of all Commerce Colleges and universities working in Pakistan. In this book an attempt has been made to explain all the rules which are being used to solve the financial accounting problems of all forms of business organization including trading concern services concern and non-trading concern. I hope this book will help the students and various types of business organization (Trading concern services concern and non-trading concern) in understanding as well as clarifying the various financial accounting topics. This book will provide an opportunity to the business organization to prepare their books of accounts by following the General Accepted Accounting Principles (GAAP). Besides the General Accepted Accounting Principles (GAAP) rules regarding preparation of all financial statement and their pattern or formats also given in this book.