InLearn
ACCOUNTANCY GRADE 12 COMMERCE
Back to Dashboard

Hey there, great course, right? Do you like this course?

All of the most interesting lessons further. In order to continue you just need to purchase it

Get course

Course sections

Section 1
Accounting for Non-Profit Organization - Part 1
1
Introduction
2
Some Important Items
3
Problems on Income and Expenditure Amount- Part 1
4
Problems on Income and Expenditure Amount- Part 2
5
Distinction Between Receipt and Payment Account
6
Illustration – 2 – Part 1
7
Illustration – 2 – Part 2
8
Illustration – 2 – Part 3
9
Illustration – 12 – Part 1
10
Illustration – 12 – Part 2
Section 2
Accounting for Non-Profit Organization - Part 2
1
Problem 6 – Part 1
2
Problem 6 – Part 2
3
Problem 6 – Part 3
4
Problem 16 – Part 1
5
Problem 16 – Part 2
6
Illustration – 14 – Part 1
7
Illustration – 14 – Part 2
8
Problem 17- Part 1
9
Problem 17- Part 2
Section 3
Accounting for Share Capital
1
Introduction
2
Kinds of Company
3
Share Capital of a Company
4
Nature and Classes of Shares
5
Accounting Treatment – Part 1
6
Exercise 1 – Part 1
7
Exercise 1 – Part 2
8
Exercise 2 – Part 1
9
Exercise 2 – Part 2
10
Exercise 3 – Part 1
11
Exercise 3 – Part 2
12
Calls in Arrears; Exercise 4- Part 1
13
Exercise 4- Part 2
14
Calls in Advance; Exercise 5- Part 1
15
Exercise 5- Part 2
16
Exercise 6 – Part 1
17
Exercise 6 – Part 2;Over Subscription
18
Exercise 7-Part 1
19
Exercise 7-Part 2
20
Exercise 7-Part 3; Under Subscription
21
Issues of Shares – Part 1
22
Accounting Treatment – Part 2
23
Exercise 8
24
Exercise 9 – Part 1
25
Exercise 9 – Part 2
26
Issues of Shares – Part 2
27
Exercise 10
Section 4
Accounting for Partnership
1
Introduction
2
Partnership Deed
3
Provisions Relevant for Accounting
4
Special Aspects of Partnership Account
5
Fluctuating Method – Problem; Distinction
6
Exercise – Part 1
7
Exercise – Part 2
8
Distribution of Profits Among the Partners – Profit and Loss Appropriation – Part 1
9
Distribution of Profits Among the Partners – Profit and Loss Appropriation – Part 2
10
Distribution of Profits Among the Partners – Profit and Loss Appropriation – Part 3; Proforma of Profit and Loss Appropriation Account
11
Exercise – Part 3
12
Exercise – Part 4
13
Exercise – Part 5
14
Interest on Share Capital
Section 5
Accounting for Partnership - Part 2
1
Interest on Drawings – When Fixed Amount is Withdrawn Every Month
2
Interest on Drawings – When Fixed Amount is Withdrawn Quarterly and at Different Intervals
3
Exercise- Part 6
4
Exercise- Part 7
5
Exercise- Part 8
6
Exercise- Part 9
7
Exercise- Part 10
8
Exercise- Part 11; Guarantee of Profit to the Partner
9
Past Adjustments
10
Past Adjustments – Exercise
Section 6
Reconstitution of Partnership Firm: Admission of a Partner
1
Introduction
2
Modes of Reconstitution of Partnership Firm; New Profit Sharing Ratio
3
New Profit Sharing
4
Exercise – Part 1
5
Exercise – Part 2; Sacrifice Ratios
6
Exercise – Part 3
7
Exercise – Part 4
8
Exercise – Part 5
9
Goodwill ; Factors Affecting the Valuation of Goodwill
10
Method of Valuation of Goodwill ; Exercise – Part 6
11
Exercise – Part 7; Super Profits Method
12
Exercise – Part 8
13
Capitalisation Method
14
Capitalization Method – Exercise
15
Treatment of Goodwill ; Exercise – Part 1
16
Exercise – Part 2
17
Exercise – Part 3
18
When Goodwill Already Exists in the Book of the Firm
19
Exercise
20
Revaluation Method
21
Exercise – Part 1
22
Exercise – Part 2
23
Exercise – Part 3
24
Exercise – Part 4
25
Hidden Goodwill ; Exercise
26
Adjustments of Accumulated Profits and Losses of the Firm ; Exercise ; Revaluation of Assets & Reassessment of Liabilities – Part 1
27
Revaluation of Assets & Reassessment of Liabilities – Part 2
28
Exercise – Part 1
29
Exercise – Part 2
30
Exercise – Part 3
Section 7
Reconstitution of Partnership Firm : Retirement/Death of a Partner
1
Introduction
2
New Profit Sharing Ratios; Gaining Ratios
3
Exercise ; Treatment of Goodwill – Part 1
4
Exercise ; Treatment of Goodwill – Part 2
5
Treatment of Goodwill – Part 3
6
Treatment of Goodwill – Part 4; Hidden Goodwill
7
Adjustments for Revaluation of Assets & Liabilities
8
Exercises
9
Exercises
10
Adjustment of Accumulated Profits & Losses of the Firm ; Exercises
11
Disposal of Amount due to the Retiring Partner
12
Exercises
13
Adjustments of Partners Capital
14
Exercises
15
Exercises
16
Exercises
17
Exercises
18
Exercises
19
Death of a Partner; Exercises
20
Exercises
21
Exercises
22
Exercises
23
Exercises
24
Exercises
25
Exercises
26
Exercises
27
Exercises
Section 8
Dissolution of a Partnership Firm
1
Introduction
2
Reasons for Dissolution of Partnership Firm
3
Difference Between Dissolution of Partnership & Dissolution of Partnership Firm
4
Settlement of Accounts
5
Accounting Treatment – Part 1
6
Accounting Treatment – Part 2
7
Realization Account – Part 1
8
Realization Account – Part 2
9
Exercises
10
Exercises
11
Exercises
Section 9
Accounting for Share Capital
1
Exercise 11 – Part 1
2
Exercise 11 – Part 2
3
Forfeiture of Shares
4
Exercise 12 – Part 1
5
Exercise 12 – Part 2
6
Reissue of Forfeited Shares ; Exercise 13 – Part 1
7
Exercise 13 – Part 2
8
Exercise 14 – Part 1
9
Exercise 14 – Part 2
10
Exercise 15 ;Exercise 16 – Part 1
11
Exercise 16 – Part 2
12
Exercise 17 – Part 1
13
Exercise 17 – Part 2
14
Exercise
15
Exercise 18 – Part 1
16
Exercise 18 – Part 2
17
Exercise
18
Exercise 19 – Part 1
19
Exercise 19 – Part 2
Section 10
Issue and Redemption of Debentures
1
Introduction
2
Types of Debentures
3
Issue of Debentures
4
Exercise 1 – Part 1
5
Exercise 1 – Part 2; Issued at Discount; Exercise 2 – Part 1
6
Exercise 2 – Part 2
7
Issue at Premium;Exercise 3 – Part 1
8
Exercise 3 – Part 2;Issue of Debentures Consideration Other than Cash ; Exercise 4 – Part 1
9
Exercise 5 – Part 1
10
Issue of Debentures as Collateral Security ; Terms of Issue of Debentures – Part 1
11
Terms of Issue of Debentures – Part 2
12
Exercise 6 – Part 1
13
Exercise 6 – Part 2
14
Exercise 6 – Part 3
15
Interest on Debentures ; Exercise 7 – Part 1
16
Exercise 7 – Part 2
17
Writing off Discount or Loss on Issue of Debentures ; Exercise 8 – Part 1
18
Exercise 8 – Part 2; Redemption of Debentures
19
Payment in Lump Sum; Exercise 9 – Issue of Debentures – Part 1
20
Exercise 9 – Issue of Debentures – Part 2
21
Exercise 10 – Redemption
Section 11
Financial Statements of a Company
1
Introduction
2
Balance Sheet
3
Exercise 1 – Balance Sheet
4
Exercise 2 – Balance Sheet
5
Statement of Profit and Loss
6
Uses , Importance and Limitations of Financial Statements
Section 12
Analysis of Financial Statements
1
Introduction
2
Objectives and Tools of Analysis of Financial Statements
3
Comparative Statement; Exercise 1- Part 1
4
Exercise 1 – Part 2
5
Comparative Statement of Profit and Loss
6
Common size Statement ; Exercise 2
Section 13
Accounting Ratios
1
Introduction
2
Advantages and Limitations – Part 1
3
Advantages and Limitations – Part 2; Types of Account Ratios
4
Liquidity Ratios ; Exercise – Part 1
5
Exercise – Part 2
6
Solverey Ratios ; Activity and Turnover Ratios – Part 1
7
Activity and Turnover Ratios – Part 2; Profitability Ratios ;Exercise – Part 3
8
Exercise – Part 4
9
Exercise – Part 5
Section 14
Cash Flow Statement
1
Introduction
2
Financing Activity; Cash Flow Statement ; Exercise – Part 1
3
Exercise – Part 2
4
Exercise – Part 3

Reconstitution of Partnership Firm: Admission of a Partner

Exercise

Lesson is locked. Please Buy course to proceed.

Reconstitution of Partnership Firm: Admission of a Partner When Goodwill Already Exists in the Book of the Firm
Complete
Reconstitution of Partnership Firm: Admission of a Partner Revaluation Method