This book is prepared exclusively for the Foundation Level of Chartered Accountancy Examination requirement. It covers the entire revised, new syllabus as per ICAI.The Present Publication is the 5th Edition for CA-Foundation | New Syllabus | May/Nov. 2022 exams, authored by Dr. S.K. Agarwal & CA Manmeet Kaur, with the following noteworthy features:[Marks Distribution] Chapter-wise marks distribution from May 2018 onwardsCoverage of this book includes: o All Past Exam Questions§ CA Foundation Solved Paper - November 2020 | Principles & Practice of Accounting§ CA Foundation Solved Paper - January 2021 | Principles & Practice of Accounting§ CA Foundation Solved Paper - July 2021 | Principles & Practice of Accounting§ CA Foundation Solved Paper - December 2021 | Principles & Practice of Accountingo Theoretical Questionso Illustrationso Short Noteso True/FalseAlso Available:[2019 Edition] of Taxmann's Principles & Practice of AccountingTaxmann's Combo for TEXTBOOK + CRACKERContents of this book are as follows:Meaning & Scope of AccountingAccounting Concepts, Principles & ConventionsAccounting StandardsAccounting PoliciesAccounting as a Measurement Discipline - Valuation Principles, Accounting EstimatesCapital and Revenue ExpenditureContingent Assets and Contingent LiabilitiesAccounting Process (Journal, Ledger, Trial Balance, Cash Book, Subsidiary Books) Bank Reconciliation StatementBills of ExchangeRectification of ErrorsInventory ValuationDepreciationSale on Approval BasisFinal AccountsConsignment AccountsPartnershipAverage Due DateAccount CurrentNot for Profit OrganizationSharesDebenturesFinancial Statement of Companies [Schedule III] About the Author Dr. S.K. Agrawal holds a Doctorate from Kanpur University, and he has teaching experience of more than 23 years across countless batches. He has been imparting knowledge and values to his students in his institution - Sky Academy (Kanpur). A postgraduate in Commerce & B.Ed., Dr. S.K. Agrawal has been teaching accountancy to students of class XIth, XIIth at the grass-root level, CA-Foundation/CPT & CA-Intermediate/IPC. Dr. S.K. Agarwal's experience is as follows:Twenty-four years of teaching experience in Accountancy in I.S.C., C.A. & B.Com.Four years teaching experience in Accountancy in St. Aloysis School, Kanpur (1998-99 to 2001-02) Nine years teaching experience in Accountancy in St. Mary's Convent School, Kanpur (2002-11) Worked as a supervising examiner in 2005 in St. Lawrence High School, UnnaoWorked as a supervising examiner in 2007 in Methodist High School, KanpurWorked as a supervising examiner in 2008 in United Public School, KanpurHas been a member of the management committee in St. Mary's Convent High School, Kanpur, from 2006 to 2011 up to the date of voluntary retirement from the schoolFounder and Director of 'Sky Academy' - a premier institute for delivering value-based education in the field of accountancy and related courses in the commerce stream in Kanpur, ever since its establishment in August 2006His brainchild - Sky Academy (Kanpur), has a widespread student base spanning many cities and States. Many of his students work professionally as CA/CS/MBAs across many industries. He is also the recipient of the 'Shiksha Bharti Puraskar', awarded by the 'All India Achievers' Foundation'. He has been felicitated by many organisations & institutions for his contribution to the field of education. A powerful orator and profound writer, he inspires his students and colleagues in the teachers' fraternity. He actively works for social causes with his team and encourages his students for the same and has been honoured by numerous organisations for his initiatives.CA Manmeet Kaur An FCA, B.Com & M.A. (Economics) from Kanpur University, is engaged in teaching the following papers:Paper 2: Business Laws & Business Correspondence & Reporting at the CA Foundation Level (erstwhile Merc