Topics
Accounts from Incomplete Records
- Introduction to Accounts from Incomplete Records
- Meaning of Incomplete Records
- Features of Incomplete Records
- Limitations of Incomplete Records
- Differences Between Double Entry System and Incomplete Records
- Ascertaining Profit Or Loss from Incomplete Records Through Statement of Affairs
- Preparation of Final Accounts from Incomplete Records
Accounts of Not–For–Profit Organisation
Accounts of Partnership Firms–Fundamentals
- Introduction to Accounts of Partnership Firms–Fundamentals
- Meaning, Definition and Features of Partnership
- Application of the Provisions of the Indian Partnership Act, 1932 in the Absence of Partnership Deed
- Final Accounts of Partnership Firms
- Methods of Maintaining Capital Accounts of Partners
- Interest on Capital and Interest on Drawings of Partners
- Salary and Commission to Partners
- Interest on Loan from Partners
- Division of Profits Among Partners
- Profit and Loss Appropriation Account
Goodwill in Partnership Accounts
Admission of a Partner
- Admission of a Partner
- Adjustments Required at the Time of Admission of a Partner
- Distribution of Accumulated Profits, Reserves and Losses
- Admission of a Partner - Revaluation of Assets and Liabilities
- New Profit Sharing Ratio and Sacrificing Ratio
- Adjustment for Goodwill
- Adjustment of Capital on the Basis of New Profit Sharing Ratio
Retirement and Death of a Partner
- Retirement and Death of a Partner
- Adjustments Required on Retirement of a Partner
- Distribution of Accumulated Profits, Reserves and Losses
- Revaluation of Assets and Liabilities
- Determination of New Profit Sharing Ratio and Gaining Ratio
- Adjustment for Goodwill
- Adjustment for Current Year’s Profit or Loss upto the Date of Retirement
- Settlement of the Amount Due to the Retiring Partner
- Adjustments Required on the Death of a Partner
Company Accounts
- Introduction to Company Accounts
- Meaning and Definition of a Company
- Characteristics of a Company
- Meaning and Types of Shares
- Divisions of Share Capital
- Issue of Equity Shares
- Process of Issue of Equity Shares
- Issue of Shares for Cash in Instalments
- Issue of Shares for Cash in Lumpsum
- Issue of Shares for Consideration Other than Cash
Financial Statement Analysis
Ratio Analysis
Computerised Accounting System-Tally
- Introduction to Computerised Accounting System-tally
- Applications of Computerised Acounting System (CAS)
- Automated Accounting System
- Designing the Accounting Reports
- Data Exchange with Other Information System
- Application of Computerised Accounting System – Tally with Gst Package
- Practical Application of Accounting Software – Tally.Erp 9
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Related QuestionsVIEW ALL [8]
Prepare a common-size income statement for the following particulars Raja Ltd. for the year ended 31st March 2017.
| Particulars | 2016-17 ₹ |
| Revenue from operations | 4,50,000 |
| Other income | 67,500 |
| Expenses | 1,35,000 |
From the following particulars of Maria ltd and Kala Ltd. Prepare a common-Size income statement for the year ended 31st March 2019.
| Particulars | Maria Ltd ₹ | Kala Ltd ₹ |
| Revenue from operations | 1,00,000 | 2,00,000 |
| Other income | 10,000 | 30,000 |
| Expenses | 70,000 | 1,20,000 |
Prepare a common-size income statement for the following particulars of Sam Ltd. table.
| Particulars | 2015-16 ₹ | 2016-17 ₹ |
| Revenue from operations | 4,00,000 | 5,00,000 |
| Other income | 80,000 | 50,000 |
| Expenses | 2,40,000 | 2,50,000 |
| Income Tax | 30% | 30% |
Prepare Common-size balance sheet of Meena Ltd. as of 31st March 2018.
| Particulars | 31st March 2018 |
| I. EQUITY AND LIABILITIES | |
| Shareholder’s Funds | 2,00,000 |
| Non-Current liabilities | 1,60,000 |
| Current liabilities | 40,000 |
| Total | 4,00,000 |
| II. ASSETS | |
| Non- Current assets | 3,00,000 |
| Current assets | 1,00,000 |
| Total | 4,00,000 |
Prepare a common-size statement of financial position for the following particulars of Rani Ltd.
| Particulars | 31st March 2016 | 31st March 2017 |
| I. EQUITY AND LIABILITIES | ||
| Shareholder’s funds | 5,40,000 | 6,00,000 |
| Non-Current liabilities | 2,70,000 | 2,50,000 |
| Current liabilities | 90,000 | 1,50,000 |
| Total | 9,00,000 | 10,00,000 |
| II. ASSETS | ||
| Non- Current assets | 7,20,000 | 8,00,000 |
| Current assets | 1,80,000 | 2,00,000 |
| Total | 9,00,000 | 10,00,000 |
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