Salient Features of the book are: 1. Class-tested and well-graded material 2. Simple and lucid textual flow 3. Necessary content to impart a sound theoretical and conceptual base 4. A large number of illustrations for easy and better understanding of the subject 5. Objective type questions, Very Short Answer and short Answer questions for Better understanding of topics 6. Additional illustrations and questions given in QR codes to help students assess their understanding of the subject 7. Case-based/Source-Based integrated questions 8. Accounting process and entries explained with the help of flow Chart given in QR code in each chapter 9. Evaluation Questions in each chapter 10. Scanner of questions, both theory as well as practical, set in previous years’ examinations and Sample Papers.