Final Accounts System
by The profit or loss of a dependent Branch can also be known by preparing a Memorandum Branch Trading and Profit and Loss Account. This Account …
Tag: Cost of Goods Sold
Accounting for Amalgamation of Companies as Per Indian Accounting Standard 14 Accounting for Internal Reconstruction: Part 1
Amalgamation Amalgamation is defined as the combination of one or more companies into a new entity. It includes: Two or more companies join to form …
Accounting for Amalgamation of Companies as Per Indian Accounting Standard 14 Accounting for Internal Reconstruction: Part 2
Accounting for Amalgamations Introduction This standard deals with accounting for amalgamations and the treatment of any resultant goodwill or reserves. This Standard is directed principally …
Final Accounts
Final Accounts are the accounts, which are prepared at the end of a fiscal year. It gives a precise idea of the financial position of …
Final Accounts: Including Computation of Managerial Remuneration and Disposal of Profit
As per Company Act 1956, Managerial Remuneration should be include all the payment and benefit whichever incurred by a company on behalf of its management. …
CCSU(BBA) 206 Principles of Accounting
Unit 1 {Book} 1 Accounting standards in India VIEW 2 Concept of GAAP (Generally Accepted Accounting Principles) VIEW 3 International Accounting Standards VIEW …
CCSU(BBA) 305 Company Accounts
UNIT 1 1 Joint Stock Companies: its Types and Share Capital VIEW 2 Forfeiture and Re-issue of Shares VIEW 3 Redemption of Preference …
Functions of Accounting
To move ahead to the functions of accounting, first of all, it is very important to know about the role of accounting. The basic role …
Profit and Loss Account, Components, Example
Profit and Loss Account, Components, Example
Balance Sheet as per Schedule III of the new Companies act 2013
Balance Sheet as per Schedule III of the new Companies act 2013
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