It is rightly said that “change is the only permanent thing in this world.” Any
change in the curriculum is therefore a natural step in the process of academic and
intellectual growth. Advancement in knowledge is possible only when subjects
are taught and learned in new ways, in keeping with the needs of changing times.
In view of the adoption of the New Education Policy (NEP) syllabus for
B.Com. Part–II (Semester–III) by Sant Gadgebaba Amravati University, it
becomes our responsibility to provide students with suitable and comprehensive
learning material. It is with great pleasure that we present this textbook on
Accounting for Joint Stock Company for the students of B.Com. Part–II
(Semester–III).
The book has been prepared in a self-learning style, strictly following a
student-friendly approach. Every effort has been made to present sufficient
theoretical explanations in simple english language supported with essential
short and long illustrations with solution, so as to cover all the important aspects
of the subject. The topics are arranged systematically, in exact accordance with
the revised syllabus.
This work would not have been possible without the constant support,
encouragement, and inspiration of our family members, to whom we owe a
deep sense of gratitude. We also express our heartfelt thanks to our esteemed
colleagues, whose constructive suggestions and critical feedback have immensely
contributed to the quality of this book.
We are particularly grateful to Prashant Publications, Shri Rangrao Patil, and
his dedicated team for their cooperation and assistance in bringing out this book
in time. Our sincere thanks are also due to Mr. Sunil Pandhare, the typesetter, for
his valuable contribution in the production process.
We sincerely hope that this textbook will prove useful to the students and
teachers alike. We warmly welcome valuable suggestions and constructive
feedback from readers, which will help us in making future editions more
comprehensive and effective.