UNIVERSITY OF RAJASTHAN, JAIPUR
Four Year Undergraduate Programme
Faculty of Commerce
Programme Name: UG=MDC – Three/Four Year Bachelor of
Commerce (ABST)
B. Com. (MDC)
Subject/Discipline - ABST
(Syllabus as per NEP – 2020 and Choice Based Credit System)
Medium of instruction: Hindi/English
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w.e.f. Academic Session 2024-25
Name of the Programme: Four Year Bachelor of Commerce (Pass Course)
Title of the Course: Book- Keeping (Theory)
Paper Code:UG-MDC-ABS-63T-101
Semester: III
NHEQF
Semester Code of the Course Title of the Course/Paper Credits
Level
UG=MDC-ABS-63T-
III Book-Keeping 6 4
101
Level of Course Type of the Course Delivery Type of the Course
Introductory MDC Lecture- Four Hours per Week
Duration of Examination Maximum Marks Minimum Marks
Midterm -1 Hr Midterm-20 Marks Midterm -8 Marks
EoSE-3 Hrs EoSE-80Marks EoSE-32 Marks
Course Learning Objectives
1. This course aims at equipping the students with the basic principles ad concepts of Book-keeping.
2. The students will be exposed to the global standards and regulations to be followed in accounting.
3. The course will introduce the fundamentals of double-entry accounting.
4. The students will be able to prepare the financial statements as per the accounting standards.
Unit I
Accounting: An Introduction, Accounting Standards and Principles, The regulatory framework-
Role of accounting standards, Difference between Book-Keeping and Accounting, Accounting
Equations.
Accounting Transactions : Books of Original Entry, Journal and Ledger Posting Sources of business
transactions-Business documentation, Returns, discounts and sales tax computation, Inventory
Valuation, Non - current assets acquisition
Unit II
Cash Book and Bank Transactions, Subsidiary Books, Provisions and Reserves, Trial Balance,
Rectification of errors and suspense account
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Unit III
Accounting for Depreciation, Treatment of Intangible assets-recording of accruals and prepayments-
Accounting of Receivables-Payables, provisions and contingent liabilities Capital and Revenue
expenditures and receipts
Unit IV
Control Account Reconciliations- Bank Reconciliation Statement
Suggested Books and References:
1. Book- Keeping and Accountancy, Jain, Khandelwal, Pareek, Ajmera Book Company, Jaipur
2. Book- Keeping and Accountancy, Jain, Khandelwal, Pareek, Ajmera Book Company (Hindi)
3. Book- Keeping and Accountancy, Sharma,Bhardwaj, Biyani, Ramesh Book Depot, Jaipur
4 .Bookkeeping and Accounting, Garg Ajay Kumar, Nabhi Publication
Course Learning Outcome
1. Comprehend the fundamental concepts and principles of bookkeeping.
2. Understand the double-entry system and the accounting equation.
3. Accurately record various types of financial transactions.
4. Maintain general journals and ledgers.
5. Post entries from journals to ledgers.
6. Manage and record accounts receivable and payable.
7. Understand the process of invoicing and collecting payments.
8. Perform bank reconciliations to ensure accuracy of financial records.
9. Identify discrepancies and reconcile differences.
10. Understand the importance of ethical practices in bookkeeping.
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Name of the Programme: Four Year Bachelor of Commerce (Pass Course)
Title of the Course: Financial Accounting (Theory)
Paper Code:UG-MDC-ABS-64T-201
Semester: IV
NHEQF
Semester Code of the Course Title of the Course/Paper Credits
Level
UG-MDC-ABS-64T-
IV Financial Accounting 6 4
201
Level of Course Type of the Course Delivery Type of the Course
Intermediate MDC Lecture -Four Hours per Week
Duration of Examination Maximum Marks Minimum Marks
Midterm -1 Hr Midterm-20 Marks Midterm -8 Marks
EoSE-3 Hrs EoSE-80Marks EoSE-32 Marks
Detailed Syllabus
Objectives of the Course:
1. To impart conceptual knowledge of financial accounting.
2. To provide knowledge and understanding of financial statements of a business.
3. To prepare departmental profit and loss account and balance sheet.
4. To explain various methods of preparing branch accounts.
5. To explain the process of valuation of loss of stock, consequential loss of profit and
amount to be claimed from the insurance company in the event of a fire accident.
6. To explain the steps involved in conversion of single entry into double entry system of
bookkeeping with all the relevant adjustments.
UNIT-I
Adjustment Entries, Preparation of Trading Account, Profit & Loss Account and Balance sheet
with adjustments and without adjustment.
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UNIT-II
Departmental Accounting: Meaning and objective of departmental accounts; Basis of
allocation of common expenses; Inter-departmental transfers; Preparation of departmental
trading and P&L account (Including general P&L account and balance sheet).
UNIT-III
Branch Accounting: Meaning, Objective and Methods including Debtor system, Stock and
Debtor system, Final Account system; Wholesale Branch system and Independent Branch
system excluding Foreign Branches; Difference between branch and departmental accounting.
UNIT-IV
Insurance Claims: Meaning of Insurance claims, Need, Loss of Stock policy, Consequential
Loss policy, Comprehensive Loss policy, steps for ascertaining insurance claims, Computation
of loss of stocks with abnormal items including consequential loss of profit and application of
average clause.
Note: The student shall be permitted to use Battery operated calculator that should not have
more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless.
Suggested Books and References:
1. Sharma, Shah, Mangal, Agarwal: Financial Accounting, RBD, Jaipur.
2. Jain, Khandelwal, Pareek, Dave: Financial Accounting, Ajmera Book Company, Jaipur.
3. Agrawal, Sharma, Purohit, Sharma: Financial Accounting, Shivam Book House, Jaipur.
4. Tulsian: Financial Accounting: Sultan Chand & Sons, New Delhi.
5. Shukla & Grewal: Advance Accounts, Sultan Chand & Sons, New Delhi.
6. Maheshwari S.N.: Financial Accounting, Vikas Publishing House Pvt. Ltd, New Delhi.
7. Sehgal A. and Sehgal D.: Advanced Accounting, Taxman Publication, New Delhi.
8. Jain S.P. and Narang K.L.: Financial Accounting, Kalyani Publisher, Delhi.
9. Monga J.R.: Financial Accounting, Mayur Paper Book, New Delhi.
10. Gupta, R.L.: Advanced Financial Accounting, S. Chand & Sons, New Delhi.
11. Kumar A.S.: Advanced Financial Accounting, Himalaya Publication House.
12. Paul Sr. K.: Accountancy, Volume–I and II, New Central Book Agency, Kolkata.
Course Learning Outcomes:
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1. Understanding of the basic concepts and process of accounting.
2. Ability to prepare various subsidiary books, trial balance and final accounts of a sole
proprietorship business.
3. Ability to prepare departmental profit and loss account and balance sheet.
4. Have deeper understanding with various methods of preparing branch accounts.
5. Understanding of the process of valuation of loss of stock, consequential loss of profit and
amount to be claimed from the insurance company in the event of a fire accident.
6. Understanding of the steps involved in conversion of single entry into double entry system
of bookkeeping with all the relevant adjustments.
7. Ability to prepare accounts for transactions related to Hire Purchase, Instalment..
Name of the Programme: Four Year Bachelor of Commerce (Pass Course)
Title of the Course: Corporate Accounting (Theory)
Paper Code:UG- MDC-ABS-75T-301
Semester: V
NHEQF
Semester Code of the Course Title of the Course/Paper Credits
Level
UG-MDC-ABS-75T-
V Corporate Accounting 7 4
301
Level of Course Type of the Course Delivery Type of the Course
High-Level MDC Lecture- Four Hours per Week
Duration of Examination Maximum Marks Minimum Marks
Midterm -1 Hr Midterm-20 Marks Midterm -8 Marks
EoSE-3 Hrs EoSE-80Marks EoSE-32 Marks
Detailed Syllabus
Objectives of the Course:
1. To apply accounting treatment for issue and redemption of shares and debentures.
2. Understanding the procedure for underwriting of shares and debentures.
3. To compute the purchase consideration and execute the accounting treatment required for
acquisition of business.
4. To determine the profits earned by a company before and after its incorporation.
5. To prepare the financial statements of Companies.
Unit-I
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Issue of Shares: Under Subscription and Over Subscription, Pro-rata Allotment, Forfeiture &
Reissue of Shares
Unit-II
Redemption of Preference Shares, Issue and Redemption of Debentures- Meaning, Types and issue
of debentures. Redemption of Debentures- Meaning, procedure and methods of Redemption of
Debentures.
Unit- III
Underwriting of Shares and Debentures: Marked and Unmarked Applications, Firm Underwriting.
Unit-IV
Financial Statement of Companies: Objectives of Financial Statements, Preparation and Presentation of
Financial Statements of Companies as per Schedule III of the Companies Act. 2013, Form and Contents
of Profit & Loss Account and Balance Sheet. Managerial Remuneration,
Note: The Student shall be permitted to use Battery operated calculator that should not have more
than 12 digits, 6 functions and 2 memories and should be noiseless and cordless.
Suggested Books and References:
1. Tulsian P.C. & CA Bharat Tulsian: Corporate Accounting,S. Chand, New Delhi.
2. Maheshwari S. N. CA Sharad K Maheshwari &Dr. Suneel K Maheshwari: Vikas Publishing
House, New Delhi.
3. MC Shukla, TS Grewal, SC Gupta:AdvancedAccounts, S. Chand New Delhi.
4. Sharma, Shah, Mangal: Corporate Accounting, RBD, Jaipur.
5. Jain, Khandelwal, Pareek, Dave: Corporate Accounting, Ajmera Book Company, Jaipur.
Course Learning Outcomes:
1. Understand the various accounting treatment relating to Issue of shares and Redemption of
preference shares.
2. Determine the accounting procedures for issue and redemption of debentures.
3. Understand the process of acquisition of business and underwriting of shares and debentures.
4. Construct the financial statements as per Companies Act 2013 for various financial decisions.
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