In this edition, we have incorporated various suggestions provided by the students and the subject experts from all over the country.
After teaching financial accounting to various professional, undergraduate and postgraduate classes for the past three decades, we are convinced that there isa need for a book with balanced text and problems. Multiple-choice questions have been included at the end of each chapter to help Students test conceptual clarity. In addition, scores of unsolved problems have been provided, with guide to answers.
The book is especially designed for the undergraduate students of computer application (BCA) and business administration (BBA). It is also useful for the postgraduate students of business administration (MBA).