INTRODUCATION AND METHODOLOGY
Introduction :-
Each and every individual and institutions deals with many types of transaction when a transaction takes place, it needs proper accounting preparation of accounts is necessary to business as well as non-business individual and institutions. Accounting is the science as well as the art of recording business transactions under proper accounts. Basic accounting principle are same for trading as well as non-trading institutions. But there is same difference between the final account of the trading institution and non-trading institutions. In this study the researcher make on attempt to record the transaction of non-trading institution and proper final account.
2. Selection of the Library :-
The Researcher has selected the Rajarambapu Patil public Library of Bhadkamba. Because, Library is non-trading concern, and operation of this Library is on small scale, Library has no branches. This is one of the popular Library in Bhadkamba village. This selection of this library is economical and time saving to collect required data. The researcher has selected particular library of Bhadkamba for study, because, library staff is co-operative.
3. Objectives of study :-
The present study is prepared with the following.
1] To study the Accounting procedure of Rajarambapu Patil public library of Bhadkamba.
2] To record the transaction of the library.
3] To prepare trial balance of the library.
4] To prepare final account of he library.
5] To give necessary suggestions about- accounting of the library.
4. Data collection :-
Two types of data i.e. primary and secondary data. This data is used for present study. The primary data is collected trough inspection of record and observation made. In this research mainly the primary data is used.
An extensive library research is undertaken to supplement the data collection process of the present study in which journals, newspaper, books are studied.
5] Limitation of study :-
The present study is limited to the preparation of accounts and time period covered is from 01/04/2004 to 31/03/2005.
6] Organization of study :-
The entire research work is divided into five chapter. The first chapter includes introduction, and methodology. In second chapter conceptual discussion in respect of accounting made. In Third chapter the organization profile is explained in details.
The fourth chapter is data analysis and interpretation and chapter fifth includes bibliography is given.