Accountancy 12th Class

Unit 1-

Accounting for Partnership Firms

1. Partnership:- Features, Partnership Deed.

2. Provisions of Indian Partnership Act 1932 in the absence of partnership deed.

3. Fixed vs Fluctuating Capital Accounts, Praparation of P&L Appropriation Account, Division of Profit among partners, Guarantee of Profits.

4. Past adjustments (relating to interest on capital, interest on drawing, salary and profit sharing ratio).

5. Good will:- Nature, Factors affecting and methods of valuation- Average profit, Super profit and Capitalization  

Accounting for Partnership firms- Reconstitution and Dissolution

1. Change in Profit Sharing Ration among the existing partners

2. Admission of a Partner

3. Retirement and Death of a Partner

4. Dissolution of Partnership Firms

 

Unit 2 –

Accounting for Companies – Accounting for Share Capital

1. Share and Share Capital

2. Accounting for Share Capital

 

Accounting for Debentures

1. Debentures

2. Redemption of debentures

 

Contents of Accounts:- Book (Part- B)

Analysis of Financial Statements

1. Financial Statements of Companies(As per Schedule III)

2. Financial Statements Analysis

3. Tools for Financial Analysis:

Comparative Statements(Including Missing Figure Questions)

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Unit 3 –

Financial Statements of Not-for-Profit Organisation

Contents of Accounts:- Book (Part- B)

Analysis of Financial Statements

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1. Financial Statements of Companies(As per Schedule III)

2. Financial Statements Analysis

3. Tools for Financial Analysis:Comparative Statements(Including Missing Figure Questions)

4. Common Size Statements(Including Missing Figure Questions)

5. Accounting Ratios(Including Missing Figure Questions)

6. Cash Flow Statement ( As per AS-3 Revised)

(Including Missing Figure Question)