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CBSE Class 10 , Class 11 , Class 12 Subjects

Question Banks Readily Available for the following Subjects. CBSE Class 12th standard subject for all groups in both tamil and english medium. Class 10th Standard all subjects. [ except tamil and english subjects ]. Buy both medium and prepare same set of question paper with single click. Our Database includes CBSE Class 10 and Class 12 subjects.

12th Standard CBSE Accountancy

Accounting for Partnership Firms

Partnership: features, Partnership Deed-Provisions of the Indian Partnership Act 1932 in the absence of partnership deed.- Fixed v/s fluctuating capital accounts. Preparation of Profit and Loss Appropriation account- division of profit among partners, guarantee of profits.- Past adjustments (relating to interest on capital, interest on drawing, salary and profit sharing ratio)- Goodwill: nature, factors affecting and methods of valuation - average profit, super profit and capitalization.
Accounting for Partnership firms - Reconstitution and Dissolution
Change in the Profit Sharing Ratio
among the existing partners - sacrificing ratio, gaining ratio, accounting for revaluation of assets and reassessment of liabilities and treatment of reserves and accumulated profits. Preparation of revaluation account and balance sheet.
Admission of a partner-effect of admission of a partner on change in the profit sharing ratio, treatment of goodwill (as per AS 26), treatment for revaluation of assets and reassessment of liabilities, treatment of reserves and accumulated profits, adjustment of capital accounts and preparation of balance sheet.
Retirement and death of a partner: effect of retirement/death of a partner on change in profit sharing ratio, treatment of goodwill (as per AS 26), treatment for revaluation of assets and reassessment of liabilities, adjustment of accumulated profits and reserves, adjustment of capital accounts and preparation of balance sheet. Preparation of loan account of the retiring partner.
Calculation of deceased partner’s share of profit till the date of death. Preparation of deceased partner’s capital account and his executor’s account.
Dissolution of a partnership firm:
meaning of dissolution of partnership and partnership firm, types of dissolution of a firm. Settlement of accounts - preparation of realization account, and other related accounts: capital accounts of partners and cash/bank a/c (excluding piecemeal distribution, sale to a company and insolvency of partner(s)).

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Accounting for Companies

Accounting for Share Capital
Share and share capital: nature and types-Accounting for share capital: issue and allotment of equity shares. Public subscription of shares - over subscription and under subscription of shares; issue at par and at premium, calls in advance and arrears (excluding interest), issue of shares for consideration other than cash-Concept of Private Placement and Employee Stock Option Plan (ESOP)- Accounting treatment of forfeiture and re-issue of shares-Disclosure of share capital in the Balance Sheet of a company.
Accounting for Debentures
Debentures: Issue of debentures at par, at a premium and at a discount. Issue of debentures for consideration other than cash; Issue of debentures with terms of redemption; debentures as collateral security-concept, interest on debentures. Writing off discount/loss on issue of debentures-Redemption of debentures for immediate cancellation: Lump sum, draw of lots, purchase in the open market (excluding ex-interest and cum-interest) and conversion of existing debentures into new debentures or shares. Creation of Debenture Redemption Reserve.

1104Downloads

Analysis of Financial Statements

Financial statements of a company: Statement of Profit and Loss and Balance Sheet in the prescribed form with major headings and subheadings (as per Schedule III to the Companies Act, 2013).
Financial Statement Analysis: Objectives, importance, and limitations
Tools for Financial Statement Analysis. Comparative statements, common-size statements, cash flow analysis, ratio analysis
Accounting Ratios: Objectives, classification, and computation.
Liquidity Ratios: Current ratio and Quick ratio
Solvency Ratios: Debt to Equity Ratio, Total Asset to Debt Ratio, Proprietary Ratio and Interest Coverage Ratio.
Activity Ratios: Inventory Turnover Ratio, Trade Receivables Turnover Ratio, Trade Payables Turnover Ratio, and Working Capital Turnover Ratio.
Profitability Ratios: Gross Profit Ratio, Operating Ratio, Operating Profit Ratio, Net Profit Ratio and Return on Investment.

1472Downloads

Cash Flow Statement

Meaning, objectives and preparation (as per AS 3 (Revised) (Indirect Method only).

874Downloads

Accounting for Share Capital

Share and share capital: nature and types - Accounting for share capital: issue and allotment of equity and preferences shares. Public subscription of shares - over subscription and under subscription of shares; issue at par and at premium, calls in advance and arrears (excluding interest), issue of shares for consideration other than cash - Concept of Private Placement and Employee Stock Option Plan (ESOP) - Accounting treatment of forfeiture and reissue of shares - Disclosure of share capital in the Balance Sheet of a company

1288Downloads

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