Basic Accounting 1st Semester MJPRU BBA NEP 2025-26 Notes

Unit 1 [Book]
Introduction, Meaning of Accounting VIEW
Process of Accounting VIEW
Basic Terminology of Accounting VIEW
Difference between Accounting and Book-keeping VIEW
Importance of Accounting VIEW
Limitations of Accounting VIEW
Various Users of accounting information VIEW
Accounting Principles: Conventions and Concepts VIEW
Revenue and Capital Income and Expenses VIEW
Accounting Financial Standards VIEW
Overview of IFRS VIEW
Process of Standard Settings, Objectives and its Advantages VIEW
Role of Accounting in Digital Transactions and FinTech Platforms VIEW
Unit 2 [Book]
Accounting Equation VIEW
Dual aspect of Accounting VIEW
Types of Accounts VIEW
Rules of Debit and Credit VIEW
Accounting Process VIEW
Preparation of Journal and Cash book including Banking Transactions VIEW
Ledger VIEW
Trial Balance VIEW
Subsidiary Books of Accounts VIEW
Cash Books VIEW
Rectification of errors VIEW
Preparation of Bank Reconciliation Statement VIEW
Bills of exchange and Promissory Notes VIEW
Unit 3 [Book]
Valuation of Stocks VIEW
Accounting treatment Stocks VIEW
Accounting Treatment of Depreciation VIEW
Depreciation Methods VIEW
Depreciation Accounting VIEW
Accounting Treatment of Reserves and Provisions VIEW
Unit 4 [Book]
Preparation of Final accounts along with adjustment entries of non-Corporate entries VIEW
Unit 5 [Book]
Issue of Shares VIEW
Issue of Debentures VIEW
Issue of Bonus Shares and Right Issue VIEW
Redemption of Preference Shares VIEW
Redemption of Debentures VIEW
ESOPs VIEW

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