SYLLABUS
                             FINANCIAL ACCOUNTING – II
Chapter 1 : Bills of Exchange (Excluding accommodation bills)

Chapter II : Accounting from Incomplete Records:
Meaning, Merits, and Limitations of Single Entry
System.
Analytical Method of Calculation of Profit – Conversion into a double
entry system only.

Chapter III : Consignment Accounts:
Meaning – Valuation of Consignment Stock and Abnormal Loss
including higher invoicing, journal entries and ledger accounts in
the books of consignor and Consignee (memorandum method
excluded).Chapter IV: Fire Insurance claims (including average clause)
Problems on loss of stock only.

Chapter V : Hire Purchase System:
Entries and Ledger Accounts in the books of Hire Purchaser and
Hire Vendor (including problems on full and partial re-acquisition)

Chapter VI : Instalment System:
Entries and Ledger Accounts in the books of Purchaser and Seller.