B. COM.

– I
SYLLABUS
FINANCIAL ACCOUNTING

SECTION A
Accounting: Meaning & Scope, Accounting concepts and conventions, Accounting cycle,
Journal, Ledger, Cash book and other Subsidiary Books, Book Reconciliation Statement,
Rectification of Errors, Trial Balance, Final Accounts of Sole Trader and Partnership firm

SECTION B
Accounts relating to Partnership: Admission, Retirement and Death of a Partner, Dissolution of
Partnership including Garner Vs. Murray rule, Amalgamation of Firms, Sale of firm to a
Company and Conversion of a firm to a company, Gradual Realisation of Assets and Piece Meal
Distribution.

SECTION C
Computerised Accounting: its meaning, Features and Limitations, Manual Accounting versus
Computerised Accounting: Fundamental aspects, Modules and Auditing of Computerised
Accounting: Development of Computerised Accounting system.

SECTION D
Application of latest Tally: Company Creation, Configuring Tally, Creating Masters,
Accounting Vouchers in Tally: Contra Voucher, Payment Voucher, Receipt Voucher, Credit
Notes, Debit Notes, Journal Voucher, Purchase Voucher, Sales Voucher, Memorandum Voucher,
Optional Voucher, Post Dated Vouchers, Alteration, Deletion and Printing of Vouchers, Cheque
Printing. Accounting Report Display in Tally: Balance Sheet, Profit and Loss Account, Trial
Balance.