Chapter I - Theoretical FrameworkIt explains sub-fields of accounting, the relationship of accounting with other subjects, and the limitations of accounting.
Chapter III - Bank Reconciliation Statement Preparation of Bank Reconciliation Statement, the difference between pass book and cash book is explained in this chapter.
Chapter V - Concept and Accounting of DepreciationThe meaning and nature of depreciation, Methods of depreciation, and its advantages and disadvantages are covered in this chapter.
Chapter VI - Accounting for Special TransactionsAccounting treatments relating to issues, acceptance, discounting, maturity, and special cases of bills are covered in this chapter.
Chapter VII - Final Accounts of Sole ProprietorsFinal Accounts Preparation of non-manufacturing entities including Trading Account, Profit and Loss Account, and Balance Sheet.
Chapter VIII - Partnership AccountsProfit & Loss Appropriation Account, two methods of Partners Capital Account -fixed and fluctuating, Rectification of errors, etc.
Chapter IX - Financial Statements of Not-for-Profit OrganizationsPreparation of Receipts and Payments Account, Income and Expenditure Account, and Balance Sheet of Not-for-Profit Organizations.
Chapter X - Introduction to Company AccountsNature and Types of Companies, Salient Features of the Company, and Purpose of Preparing Financial Statements of the Company are covered in this chapter.