Advanced Accounting
Advanced Accounting
in
I Unit
1) Admission of a Partner. (12 M)
2) Retirement of a Partner. (12 M)
3) Explain how goodwill is calculated during admission and retirement of a partner. (12 M)
4) Explain the characteristic features of Partnership firm. (12 M)( Dec. 17)
5) Partnership Deed.( Dec. 17)
6) Sacrificing ratio vs gaining ratio.( Dec. 17)
7) Fixed Capital and Fluctuating ratio.
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8) Calculate sacrificing ratio and new profit sharing ratio.
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II Unit
1) Dissolution of Partnership Firm. (12 M)
a
2) Insolvency of Partner. (12 M)
3) Garner vs Murray. (Dec. 17)
4)
5)
Difference between dissolution of Partnership and dissolution of Firm.
Difference between realization account and revaluation account.
III Unit
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1)
2)
3)
Bonus Shares. (12 M)
Issue of Shares. (12 M)
Issue of Debentures. (12 M)
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4)
5)
6)
Underwriting – types.( Dec. 17)
Difference between shares and debentures.
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Equity shares vs preference shares.( Dec. 17)
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7)
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Sinking fund method under redemption of debentures.
e IV Unit
1)
2)
3)
4)
5)
n i v
Company final accounts. (12 M)
Profit prior to incorporation. (12 M)
Objectives of companies.
Profit and Loss appropriation account.
Sales ratio, time ratio, purchase ratio.
1)
2)
3)
4)
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Valuation of Goodwill. (12 M)
Valuation of Shares. (12 M)
V Unit