Salient Features of the book are: * Class-tested and well-graded material * Simple and lucid textual flow * Necessary content to impart a sound theoretical and conceptual base * A large number of illustrations for easy and better understanding of the subject * Very Short Answer Questions, Multiple Choice Questions (MCQs), Fill-in-the-blanks Questions, True/False Questions, Assertion-Reason Based MCQs, Missing Value Questions for better understanding of topics. * Test Your Knowledge—a brief question paper incorporated after each chapter * Additional Illustrations and Questions given in QR codes to help students assess their understanding of the subject * Accounting process and entries explained with the help of Flow Chart given in QR code in each chapter * Additional MCQs, Assertion-Reason Based Questions and Missing Value Questions in each chapter in QR code * Past Examination Questions, both Theory as well as Practical, set in previous years’ exams and Sample Papers