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ECO 02 Accountancy-I | Quick Readable Notes For...
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| Category | : BACHELOR‘S DEGREE PROGRAMMES |
| Sub Category | : Bachelor of Computer Applications (BCA) |
| Products Code | : BCA-S2-3.06 |
| HSN Code | : 490110 |
| Language | : English |
| Author | : BMAP EDUSERVICES PVT LTD |
| Publisher | : BMAP EDUSERVICES PVT LTD |
| University | : IGNOU (Indira Gandhi National Open University) |
| Pages | : 300 |
| Weight | : 199 GM |
| Dimensions | : 21.0 x 29.7 cm (A4 Size Pages) |
ECO 02 Accountancy-I is a foundational course designed for Bachelor of Commerce (B.Com) students, introducing the fundamental principles, concepts, and practices of accountancy. This course aims to provide students with a strong foundation in accounting principles and techniques essential for understanding and analyzing financial information.
The course begins by covering accounting principles. Students gain a solid understanding of fundamental accounting principles such as the accrual concept, consistency principle, prudence concept, and matching principle. They learn how these principles guide the recording, presentation, and interpretation of financial information in accounting.
Financial statements are a central focus of the course. Students learn to prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements. They understand the structure and components of each financial statement and learn how to interpret financial data to assess the financial health and performance of an organization.
The course also covers basic accounting techniques essential for recording and summarizing financial transactions. Students learn how to make journal entries, maintain ledgers, prepare trial balances, and reconcile bank statements. They gain hands-on experience in applying accounting techniques to record business transactions accurately and systematically.
Throughout the course, students engage in practical applications of accounting principles and techniques through practical exercises, case studies, and real-world scenarios. They apply theoretical knowledge to analyze financial data, solve accounting problems, and make informed business decisions. By the end of the course, students develop strong analytical and critical thinking skills essential for success in the field of accountancy.
In addition to its educational value, this study guide serves as a valuable resource for students preparing for exams. Covering the entire syllabus comprehensively and spanning approximately 300-350 pages, it provides in-depth coverage of all accounting topics, ensuring thorough preparation for exams.
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