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 [7]
From the following particulars, prepare a comparative income statement of Arul Ltd.
| Particulars | 2015-16 (₹) | 2016-17 (₹) |
| Revenue from operations | 50,000 | 60,000 |
| Other income | 10,000 | 30,000 |
| Expenses | 40,000 | 50,000 |
From the following particulars, prepare a comparative income statement of Barani Ltd.
| Particulars | 2016-17 ₹ | 2017-18 ₹ |
| Revenue from operations | 30,000 | 45,000 |
| Other income | 4,000 | 6,000 |
| Expenses | 10,000 | 15,000 |
| Income tax | 30% | 30% |
From the following particulars, prepare a comparative .statement of the financial position of Muthu Ltd.
| Particulars | 31st March 2017 (₹) | 31st March 2018 (₹) |
| I. Equity and Liabilities | ||
| Shareholders’ Fund | 4,00,000 | 4,40,000 |
| Non-current liabilities | 1,50,000 | 1,65,000 |
| Current liabilities | 75,000 | 82,500 |
| Total | 6,25,000 | 6,87,500 |
| II. Assets | ||
| Non-Current assets | 5,00,000 | 6,00,000 |
| Current assets | 1,25,000 | 87,500 |
| Total | 6,25,000 | 6,87,500 |
From the following particulars, prepare a comparative statement of the financial position of Kala Ltd.
| Particulars | 31st March, 2017 (₹) |
31st March, 2018 (₹) |
| I. EQUITY AND LIABILITIES | ||
| 1. Shareholders' Fund | ||
| a) Share capital | 3,00,000 | 3,60,000 |
| b) Reserves and surplus | 50,000 | 50,000 |
| 2. Non-current liabilities | ||
| Long-term borrowings | 50,000 | 40,000 |
| 3. Current liabilities | ||
| Trade payables | 20,000 | 12,000 |
| Total | 4,20,000 | 4,62,000 |
| II. ASSETS | ||
| 1. Non - Current assets | ||
| a) Fixed assets | 2,50,000 | 2,90,000 |
| b) Non - Current investments | 50,000 | 40,000 |
| 2. Current assets | ||
| Inventories | 80,000 | 1,00,000 |
| Cash and Cash equivalents | 40,000 | 32,000 |
| Total | 4,20,000 | 4,62,000 |
From the following Particulars, prepare a comparative income ‘statement of Daniel Ltd.
| Particulars | 2015 -16 ₹ |
2016-17 ₹ |
| Revenue from operations | 40,000 | 50,000 |
| Operating expenses | 25,000 | 27,500 |
| Income tax (% of the profit before tax) |
30% | 30% |
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