Business Accounting

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Dr. Kavita Panjwani and Dr. Shilpa Jain
BBA,Kurukshetra University, First Semester
Syllabus
 
BBA-102: BUSINESS ACCOUNTING
 
Max. Marks: 100                                                                  External Assessment: 80
Internal Assessment: 20
 
Note: There will be eight questions in all. A candidate is required to attempt five questions including the question no. 1 which is compulsory. Question no. 1 will comprise of six short answer questions. All questions shall carry equal marks.
 
 
Basic Accounting: Nature, scope and objectives of accounting; accounting as information system, users of accounting information, GAAP Vs FSAB, Accounting equation: Accounting concepts and conventions, capital and revenue expenditure; Principles of financial accounts.
 
Journal and Ledger: Double Entry System; Journal and recording of entries in journal with narration; Ledger – Posting from Journal to respective ledger accounts.
 
Trial Balance: Need and objectives; Application of Trial Balance; Different types of errors escaped trial balance preparation; Rectification of errors.
 
Final Accounts: Concept of adjustment; Preparation of Trading Account and Profit and Loss Account. Preparation of Balance Sheet.
KUK/BBA/1/01
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