Financial Accounting CSJMU BCOM (FYUP) 2nd Sem 2025-26 Notes

Unit 1 [Book]
Shri Kalyan Subramani Aiyar (K.S. Aiyar) 1859-1940 known as Father of Accountancy in India	VIEW
Nature and Scope of Accounting	VIEW
Generally Accepted Accounting Principles	VIEW
Accounting Concepts	VIEW
Accounting Principles and Conventions	VIEW
Indian Accounting Standards	VIEW
International Accounting Standards	VIEW
Accounting Mechanics:
Double Entry System	VIEW
Preparation of Journal	VIEW
Preparation of Ledger	VIEW
Preparation of Trial Balance	VIEW
Preparation of Profit and Loss A/c	VIEW
Preparation of Balance Sheet	VIEW
Concept of Income and its Measurement	VIEW

Unit 2 [Book]
Royalty Accounts, Accounting Records for Royalty in the books of Landlords and Lessee, Recoupment of Shortworking, Sub lease, Short working Reserve Account, Nazarana	VIEW
Hire Purchase Account	VIEW
Accounting Records in the Books of Hire Purchaser and Vendor	VIEW
Different Methods of Calculation of Interest and Cash Price	VIEW
Maintenance of Suspense Account	VIEW
Payment of Premium	VIEW
Default in Payment and Partial Returns of Goods	VIEW
Installment Payment System	VIEW
Difference between Hire Purchase and Installment Payment System	VIEW
Accounting Records in the Book of Purchaser and Vendor	VIEW
Interest Suspense account	VIEW

Unit 3 [Book]
Departmental Accounts Meaning, Objects and Importance, Advantage, Methods of Departmental Accounts	VIEW
Final Accounts of Non-Corporate Departmental Business	VIEW
Allocation of Indirect Expenses	VIEW
Branch Accounts Meaning and Objectives, Importance and Advantages, Classification of Branches	VIEW
Accounting of Branch Accounts under various Methods	VIEW
Computation of Insurance Claim	VIEW
Loss of Stock and Loss of Profit	VIEW

Unit 4 [Book]
Insolvency Accounts Meaning, Circumstances of Insolvency, Procedure of Declaring Insolvency	VIEW
Preparation of Statement of Affairs and Deficiency Account	VIEW
Voyage Accounts Meaning and Preparation of Voyage Accounts	VIEW