Name: Special Accounting Areas (FA - III)
SKU: 5221
Price: 200.00 INR
Availability: InStock

Special Accounting Areas (FA – III)

₹200.00

SYBAF — SEMESTER – III

Author: H. V. Kishnadwala

H. A. Wandrekar

Categories: BAF, Elective, S. Y. BAF, Semester - III

Description

Description

SYLLABUS

No.	Modules / Units
1	Partnership Final Accounts based on Adjustment of Admission or Retirement / Death of a Partner during the Year:
	Simple Final Accounts questions to demonstrate the effect on Final Accounts when a partner is admitted during the year or when Partner Retires / Dies during the year. Allocation of gross profit prior to and after admission / retirement / death when stock on the date of admission / retirement is not given and apportionment of other expenses based on time / Sales/other given basis Ascertainment of gross profit prior to and after admission/retirement / death when stock on the date of admission / retirement is given and apportionment of other expenses based on time / Sales / other given basis Excluding Questions where admission / retirement / death takes place in the same year
2	Piecemeal Distribution of Cash :
	Excess Capital Method only Asset taken over by a partner Treatment of past profits or past losses in the Balance sheet Contingent liabilities / Realization expenses/amount kept aside for expenses and adjustment of actual Treatment of secured liabilities
	Treatment of preferential liabilities like Govt. dues / labour dues etc Excluding: Insolvency of partner and Maximum Loss Method
3	Amalgamation of Firms:
	Realization method only Calculation of purchase consideration Journal/ledger accounts of old firms Preparing Balance sheet of new firm Adjustment of goodwill in the new firm Realignment of capitals in the new firm by current accounts / cash or a combination thereof Excluding: Common transactions between the amalgamating firms
4	Conversion / Sale of a Partnership Firm into a Ltd. Company:
	Realisation method only Calculation of New Purchase consideration, Journal / Ledger Accounts of old firms. Preparing Balance sheet of new company
5	Accounting of Transactions of Foreign Currency:
	In relation to Purchase and Sale of Goods, Services and Assets and Loan and Credit Transactions. Computation and Treatment of Exchange Rate Differences.