Accounts - Part II



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Contents

Accounting for Special Transaction - Bill of Exchange


Description: A bill of exchange is a written order for payment of a specific amount on demand.


Accounting for Special Transaction - Illustration Part-I


Description: Solution of Illustration Part-I (Journal Entries)


Accounting for Special Transaction - Illustration Part II


Description: Solution of Illustration Part II (Journal Entries)


Accounting for Special Transaction - Illustration Part III


Description: Solution of Illustration Part III (Journal Entries)


Accounting for Special Transaction - Illustration Part IV


Description: Solution of Illustration Part IV (Journal Entries)


Accounting for Special Transaction - Illustration Part V


Description: Solution of Illustration Part V


Accounting for Special Transaction - Illustration Part VI


Description: Solution of Illustration Part VI


Accounting for Special Transaction - Illustration Part VII


Description: Solution of Illustration Part VII


Inventories - Part I


Description: Inventories are goods held by a business for sale or production, impacting financial statements.


Inventories - Part II


Description: Inventory management involves tracking stock levels, orders, sales, and deliveries to optimize efficiency.


Concept of Accounting of Depreciation


Description: Depreciation allocates the cost of a tangible asset over its useful life systematically.


Preparation of Final Accounts


Description: Summarizing financial transactions into statements reflecting an entity's performance and position.


Profit and Loss Account


Description: Showing revenues, expenses, and net profit or loss of business in a structured statement.


Balance Sheet


Description: Presenting an entity’s assets, liabilities, and equity at a specific date in financial terms.


Provisions and Reserves


Description: Allocating profits to cover future liabilities or strengthen financial stability and capital base.


Final Accounts of Entities


Description: Final accounts summarize an entity's financial position, including Trading, Profit and Loss, and Balance Sheet.


Related Courses

Accounts - Part I

Board:

Stream:

Standard:

Course: CA Foundation

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Accounts - Part III

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Course: CA Foundation

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Business Correspondence and Reporting - Part III

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Course: CA Foundation

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Part 2 - Logical Reasoning

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Course: CA Foundation

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Accounts - Part IV

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Course: CA Foundation

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Business Economics Part I

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Course: CA Foundation

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Business Economics - Part II

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Standard:

Course: CA Foundation

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Business Correspondence and Reporting - Part I

Board:

Stream:

Standard:

Course: CA Foundation

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Business Correspondence and Reporting - Part II

Board:

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Standard:

Course: CA Foundation

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Business & Commercial Knowledge - Part I

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Standard:

Course: CA Foundation

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Business & Commercial Knowledge - Part 2

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Standard:

Course: CA Foundation

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