Taxmann's CRACKER for Accounting (Paper 1 | Accounts) – Covering past exam questions & detailed answers with illustrations, etc. | CA-Foundation | New Syllabus | Jan./May 2025 Exams

Book excerpt: This book is prepared exclusively for the Foundation Level of Chartered Accountancy Examination requirement. It covers the past exam questions & detailed answers strictly as per the new syllabus of ICAI. The Present Publication is the 12th Edition for the CA-Foundation | New Syllabus | Jan./May 2025 Exams. This book is authored by Dr S.K. Agrawal & CA Manmeet Kaur, with the following noteworthy features: • As per the new syllabus of ICAI • Coverage of this book includes: o Past Exam Questions with Answers, including the September 2024 Exam o Additional Important Questions for the Exam o Theoretical Questions o Illustrations o Short Notes o True/False • [Chapter-wise Marks Distribution] from May 2019 onwards Contents of this book are as follows: • Meaning & Scope of Accounting • Accounting Concepts, Principles & Conventions • Accounting Standards • Accounting Policies • Accounting as a Measurement Discipline – Valuation Principles, Accounting Estimates • Capital and Revenue Expenditure • Contingent Assets and Contingent Liabilities • Accounting Process (Journal, Ledger, Trial Balance, Cash Book, Subsidiary Books) • Bank Reconciliation Statement • Bills of Exchange • Rectification of Errors • Inventory Valuation • Depreciation • Final Accounts • Partnership • Accounting for Incomplete Records • Not for Profit Organisations • Shares • Debentures • Financial Statements of Companies [Schedule III] • Accounting for Bonus Issue & Right Issue • Redemption of Preference Shares • Redemption of Debentures