Book Keeping - B Com Part I Syllabus - Maharaja Ganga Singh University, Bikaner (MGSU, Bikaner)

(For non-commerce students only)

M.M. 50                                              Duration: 3 hrs                                   Min. Pass Marks: 18

Unit – I

Accounting as a Measurement Discipline. Income Measurement and related accounting concepts, other accounting concepts, relationship of accounting with Economics and Statistics, Role of an accountant in Society.

Unit – II

Accounting process leading to preparation of Trial balance including rectification of errors and preparation of final accounts (for non-corporate entities). Bank reconciliation statement.

            Depreciation accounting including methods thereof. Inventory Valuation.

Unit – III

            Accounting for special transactions:

(a)    Consignment Accounts

(b)   Joint Ventures Accounts

(c)    Average due date and account current

(d)   Bills of exchange and promissory notes.

Unit – IV

Partnership accounts: Admission, retirement and death of partner and dissolution of firm.

Unit – V

Receipts and payments account and income and expenditure account and balance sheet including accounts of Professional concerns.