B. COM 1ST SEMESTER FINANCIAL ACCOUNTING-I Assam University syllabus

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0 Thursday, 29 November 2018 Edit this post

B. COM 1ST SEMESTER

FINANCIAL ACCOUNTING-I /

BCMP 102 (PASS PAPER)

Objective: The course provides the students with an understanding of the application x basic accounting techniques.

Full Marks - 50

UNIT 1

INTRODUCTION 10

1.1 Meaning and objectives of accounting, Branches of Accounting;
1.2 Nature of Accounting information; Users of accounting information
1.3 Advantages and limitations of financial accounting
1.4 Basis of accounting- cash and accrual

UNIT 2

SPECIALISED ACCOUNTING 10

2.1 Royalty Accounts (Excluding Sub-lease).
2.2 Hire Purchase System (Excluding Repossession of Assets)
2.3 Instalment Payment System

UNIT 3

PARTNERSHIP ACCOUNTS 10

3.1 Admission of Partners
3.2 Retirement of Partners
3.2 Dissolution of partnership firms- General (when all partners are solvent), Garner vs. Murray Method. (when one partner is insolvent)

UNIT 4

COMPANY ACCOUNTS 20

4.1 Issue, Forfeiture and re-issue of Shares.
4.2 Issue and Redemption of Debentures.
4.3 Redemption of Preference Shares.
4.4 Issue of Bonus Shares.