THE BOOK

THE BOOK Units are the broad divisions of the book which contain several subdivisions in each of them so that the students can have understanding of the specific substance in various parts of Accountancy education. Each unit gives the specialised knowledge on the content discussed. The units are to be learnt in the order given in the book to have continuity of learning and proper understanding of the subject matter. UNITS SUBDIVISIONS POINTS TO RECALL KEY TERMS IV Dear Students! This Accountancy textbook is the source of knowledge to provide you with the basic understanding of Accountancy and to make use of your analytical ability to make you an excellent person in applying the accounting principles to real business situations through various activities given in the textbook. The book contains units, within which the subdivisions and various student activities are given in an organised way to make learning easy, systematic and a pleasure. The method of using this book effectively to learn the concepts and methods contained in it and explanation of the important items included in the text book are given below to have a better learning experience. LEARNING OBJECTIVES V TO EXPLORE FURTHER GLOSSARY We wish you a meaningful and successful learning. Team of Authors. SELF-EXAMINATION QUESTIONS STUDENT ACTIVITY POINTS TO REMEMBER VI “Accountancy” as a field of knowledge is all pervasive in nature. It offers enormous opportunities for higher education and employment both in India and abroad. The scope after higher secondary programme in Accountancy is given below: