Notes for Financial Accounting - FA by Verified Writer

Fundamentals of Accounting, Accounting as a business function and language of business, Functions and objective of Accounting, r n r nUsers of Accounting information, Limitations of Accounting, Cyclical nature of business, Accounting cycles, Accounting equations, Accounting events and transactions, Classification of transaction and their effect on Accounting Equation, Statement showing the effect of transaction on assets, liabilities and capital, Accounting concepts as applicable to Balance shee

Recording transaction The Journal

Ledger Postings, Accounting Ledger,

Capital Transactions, Revenue Transactions, Capital And Revenue Transactions,

Depreciation Policy

Profit And Loss Account, Balance Sheet, PL Account,

Trial balance, Trading Account, Manufacturing Account,

Company Accounts, Authorized Share Capital, Subscribed, issued,, paid up share capital Kinds of share capital, relative merits and demerits, Format of Income statements and balance sheet, Issue of share capital and treatment of books of Accounts, Journal entries for issue only forfeiture of share excluded

Share Capital and Issue of Shares, Authorized Share Capital, Subscribed, issued, paid up share capital Kinds of share capital, relative merits and demerits, Issue of share capital