Name: Accounting Basics A Complete Study (PART3/3)
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Accounting Basics A Complete Study (PART3/3)

Part 3 of Accounting Basics A Complete Study

Instructor: CA N Raja

Language: English

Validity Period: Lifetime

₹999 60% OFF

Welcome to your course "Accounting Basics A Complete Study (PART 3/3)"

Are you a student pursuing professional courses like CA / CMA / CS / CFA /CPA / ACCA / CIMA / MBA Finance or are you a Finance Professional / Banker aspiring to excel in Finance and rise to top in your career?

Then this course is for you

You will learn the following:

a) Final Accounts

b) Accounts from Incomplete Records (Single Entry System)

c) Accounting for Partnership - Admission of New Partner

d) Accounting for Partnership - Retirement of Partner

e) Accounting for Partnership - Retirement of Partner

f) Company Accounts I

g) Company Accounts II

h) Final section

For effective listening, please use your headset. While watching lectures, please have a notepad and pen alongside, so that you can take notes of important points.

See you inside the course.

For more topics enroll part

Accounting Basics A Complete Study (PART1/3)

https://courses.carajaclasses.com/s/store/courses/description/Accounting-Basics-A-Complete-Study-PART13

Accounting Basics A Complete Study (PART2/3)

https://courses.carajaclasses.com/s/store/courses/description/Accounting-Basics-A-Complete-Study-PART23

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	Final Accounts
		Introduction to final accounts
		2594
		closing stock
		2596
		Case-1 Closing stock
		2598
		Trading Account - Need and Format
		3 FA3r
		Closing entries in Trading Account
		5 FA5r
		Trading Accounts - Problem 1
		1 FA1r
		Trading Accounts - Problem 2
		2 FA2r
		Profit and Loss Account - Need and Format
		6 FA6r
		Profit and Loss Account - Problem 1
		7 FA7r
		Trading and Profit and Loss Account - Problem 2
		8 FA8r
		Trading and Profit and Loss Account from Trial Balance - Problem 3
		9 FA9r
		Trading, Profit and Loss and Balance Sheet Problem 4
		10 FA10r
		Outstanding and Prepaid Expenses
		2600
		Prepaid Expenses
		2602
		Income Received in Advance
		2606
		Shortcut for Final account Adjustments
		2612
		Interest on capital
		2614
		Interest on Drawings
		2616
		Interest on Loan Outstanding
		2619
		Interest on Investment Out Standing /Accrued
		2621
		Adjustments - Accrued Income and Income Received in Advance
		2604
		Depreciation
		2623
		Bad Debts
		2625
		Provision for Bad and Doubtful Debts
		2627
		Case-1 Provision for Bad and Doubtful Debts
		2629
		Adjustments - Provision for Bad and Doubtful Debts and Discount on Debtors
		9 BAD DEBTS PROVISION FOR BAD DEBTS AND DISCOUNT ON DEBTORS
		Provision for Discount on Debtors
		2631
		Case-1 Provision for Discount on Debtors
		2633
		Case Study 1 - Provision for Bad and Doubtful Debts
		FA 11 Problem on Provision for Bad and Doubtful Debts
		Case Study 2 - Provision for Bad and Doubtful Debts
		B PROBLEM ON PROVISION FOR BAD AND DOUBFUL DEBTS
		Case Study 3 - Provision for Bad and Doubtful Debts
		C PROBLEM ON PROVISION FOR BAD AND DOUBFUL DEBTS
		Final Accounts Case Study 1
		FINAL ACCOUNTS PROBLEM PART 1
		Final Accounts Case Study 2
		FA 14 Illustration 8 Preparation of Trading, Profit and Loss Account with Adjustment
		Final Accounts Case Study 3
		FA15 Illustration 9 Prepartion of Trading, Profit and Loss and Balance Sheet with Adjustment
		Final Accounts Case Study 4
		FA 16 ILLUSTRATION 10
		Final Accounts Case Study 5
		FA21 PROBLEM 5
		Final Accounts Case Study 6
		FA22 PROBLEM 6
		Final Accounts Case Study 7
		FA23 PROBLEM 7
		Final Accounts Case Study 8
		FA24 PROBLEM 8
		Final Accounts Case Study 9
		FA25 PROBLEM 9
		Final Accounts Case Study 10
		FA26 PROBLEM 10
		Final Accounts Case Study 11
		FA27 PROBLEM 11
		Final Accounts Case Study 12
		FA28 PROBLEM 12
		Final Accounts Case Study 13
		FA29 PROBLEM 13
		Final Accounts Case Study 14
		FA29 PROBLEM 14
		Final Accounts Case Study 15
		FA31 PROBLEM 15
		Final Accounts Case Study 16
		FA32 PROBLEM 16
		Final Accounts Case Study 17
		FA33 PROBLEM 17
		Final Accounts Case Study 18
		FA34 PROBLEM 18
		Final Accounts Case Study 19
		FA35 PROBLEM 19
		Final Accounts Case Study 20
		FA36 PROBLEM 20
		Final Accounts Case Study 21
		FA36 PROBLEM 21
		Case Study 1 Adjustment Entries
		2651
		Case Study 2 Adjustment Entries
		2653
		Case Study 3 Bad Debts
		2655
		Case Study 4 Provision for Bad Debts
		2660
		Case Study 5 Provision for Bad Debts
		2662
	Accounts from Incomplete Records
		Introduction to Single Entry System
		2687
		Features of Single Entry System
		2689
		Introduction to Incomplete Records
		ITIR
		Features of Single Entry System of Accounting
		FOSESOA
		Limitations of single entry system
		2691
		Difference between single entry and double entry
		2693
		Methods for finding profits
		MFFP
		Statement of Affairs Method
		SOAM
		Conversion Method
		2701
		Calculation of Missing Figures
		COMF
		Single Entry Case Study 1
		SECS1
		Single Entry Case Study 2
		SECS2
		Single Entry Case Study 3
		SECS3
		Single Entry Case Study 4
		SECS4
		Single Entry Case Study 5
		SECS5
		Single Entry Case Study 6
		SECS6
		Single Entry Case Study 7
		SECS7
		Single Entry Case Study 8
		SECS8
		Single Entry Case Study 9
		SECS9
		Single Entry Case Study 10
		SECS10
		Single Entry Case Study 11
		SECS11
		Single Entry Case Study 12
		SECS1
		Single Entry Case Study 13
		SECS2
		Computation of Total Purchases Case Study
		COTP
		Computation of Total Sales Case Study
		COTS
		Difference between Balance Sheet and Statement of Affairs
		2695
		Methods of Ascertaining Profit or Loss
		2697
		Computation of Profit Under Statement of Affairs Method
		2699
		Ascertainment of Total Purchase
		2703
		Case study - Ascertainment of Total Purchase
		2705
		Ascertainment of Total Sales (with case study)
		2707
		Calculate Closing Balances of Debtors and Creditors
		2709
		Case Study: Ascertainment of Credit Sales
		4856
		Case Study: Ascertainment of Total Sales
		4857
	Accounting for Introduction to Partnership
		Partnership - Definition and Features
		2713
		Accounting Rules in the absence of Partnership Deed
		2715
		Difference between Fixed Capital and Fluctuating Capital Methods
		2718
		Fixed Capital and Fluctuating Capital Methods
		2717
	Accounting for Partnership - Admission of New Partner
		Introduction to Partnership
		1-Introduction-to-Partnership
		General Features of Partnership
		2-General-Features-of-Partnership
		Partnership Deed
		3-Partnership-Deed
		Capital Accounts of Partners
		4-Capital-Accounts-of-Partners
		Methods of Maintaingn Capital Accounts
		5-Methods-of-Maintaingn-Capital-Accounts
		Fixed Capital Method
		6-Fixed-Capital-Method
		Proforma for Fixed Capital Method
		7-Proforma-for-Fixed-Capital-Method
		Fluctuationg Capital Method and Proforma
		8-Fluctuationg-Capital-Method-and-Proforma
		Case Study on Fixed and Fluctuating Capital Method
		9-Case-Study-on-Fixed-and-Fluctuating-Capital-Method
		Distribution of Profits
		11-Distribution-of-Profits
		Interest on Capital
		12-Interest-on-Capital
		Case Study on Interest on Capital
		13-Case-study-on-Interest-on-Capital
		Drawings Account
		14-Drawings-Account
		Interest on Drawings
		15-Interest-on-Drawings
		Methods for Computing Interest on Drawings
		16-Methods-for-computing-Interest-on-Drawings
		Product Method for Interest on Drawings
		17-Product-Method-for-Interest-on-Drawings
		Case Study on Product Method
		18-Case-study-on-Product-Method
		Average Period Method
		19-Average-Period-Method
		Case study on Interest on Capital
		13-Case-study-on-Interest-on-Capital
		Case Study on Average Price Method
		20-Case-Study-Average-Period-Method
		Accounting treatment of Commission to Partners
		1 PSA1
		Case Study Profit and Loss Appropriation Account with Commission
		2 PSA2
		Case Study Profit and Loss Appropriation Account after Commission
		3 PSA3
		Goodwill, supporting factors and methods
		4 PSA4
		Goodwill Average Profit Method
		5 PSA5
		Case Study 1 Goodwill Average Profit Method
		6 PSA6
		Case Study 2 Goodwill Average Profit Method
		7 PSA7
		Super Profit Method
		8 PSA8
		Case Study Super Profit Method
		9 PSA9
		Admission of New Partner
		10 PSA10
		Adjustments in Accounting while admitting new partner
		11 PSA11
		Recording of Capital of New Partner
		12 PSA12
		New Profit Sharing Ratio and Sacrificing Ratio
		13 PSA13
		Computation of New Profit Sharing Ratio Case Study 1
		14 PSA14
		Computation of Sacrificing Ratio Case Study 2
		15 PSA15
		Unequal Sacrifice of Old Partners Case Study 3
		16 PSA16
		Equal Sacrifice of Old Partners Case Study 4
		17 PSA17
		Entire Sacrifice by One Partner Only Case Study 5
		18 PSA18
		When new share of incoming partner not given-Compute New and Sacrifice Ratio -CS
		19 PSA19
		Find Sacrificing Ratio when New Profit Sharing Ratio - Case Study
		20 PSA20
		Revaluation of Assets and Liabilities
		21 PSA21
		Accounting Entries to record Revaluation of Assets and Liabilities
		22 PSA22
		Comrpehsive Case Study 1 - Revaluation Method and Balance Sheet
		23 PSA23
		Comprehensive Case Study 2 - Revaluation Method and Balance Sheet
		24 PSA24
		Transfer of Undistributed Profit or Loss
		25 PSA25
		Transfer of Accumulated Reserve
		26 PSA26
		Treatment of Goodwill and Revaluation Method
		27 PSA27
		Case Study - Treatment of Goodwill and Revaluation Method
		28 PSA28
		Case Study - Treatment of Goodwill, Undistributed Loss, Revaluation and Balance
		29 PSA29
		Practice Problems Good Will Computation of Average Profit
		3427
		Practice Problems Good Will Computation Maintenable Average Profit
		3428
		Practice Problems Good Will Computation Using Super Profit
		3429
		Practice Problems Goodwill Computation Using Capitalisation Method
		3430
		Practice Problems Goodwill Computation by Capitalising Super Profit
		3431
	Accounting for Partnership - Retirement of Partner
		Retirement of Partner - Introduction
		30 PSA30
		Calculation of New Profit Ratio and Gaining Ratio - Introduction
		31 PSA31
		Difference between Sacrificing Ratio and Gaining Ratio
		32 PSA32
	Accounting for Partnership - Retirement of Partner
		Different scenarios in New Profit Sharing Ratio - Retirment
		33 PSA33
		Calculation of New Profit and Gaining Ratio - No information about New Ratio
		34 PSA34
		Calculation of New Profit and Gaining Ratio - Unequal Gain by Partners
		35 PSA35
		Calculation of New Profit and Gaining Ratio - Equal Gain by Partners
		36 PSA36
		Calculation of New Profit and Gaining Ratio - Entire Gain by One Partner
		37 PSA37
		Calculation of Gaining Ratio when New Ratio is given
		38 PSA38
		Revaluation of Assets and Liabilities - Retirement
		39 PSA39
		Accounting entries for revaluation of assets and liabilities - retirement
		40 PSA40
		Accounting entries for transfer of undistributed profit or loss
		41 PSA41
		Accounting entries for undistributed Profit or Loss - Retirement
		42 PSA42
		Transfer of Accumulated Reserve at Retirement
		43 PSA43
		Treatment of Goodwill at Retirement
		44 PSA44
		Case Study - Treatment of Goodwill at Retirement
		45 PSA45
		Settlement of Claim of the retiring Partner
		46 PSA46
		Case Study - Settlement of Claim of Retiring Partner
		47 PSA47
		Comprehensive Case Study - Revaluation, Balance Sheet on Retirement
		48 PSA48
	COMPANY ACCOUNTS I
		Introduction
		1 Intro
		Features of Company
		2 Features of Company
		Types of Companies
		3 Types of Companies
		Difference between Partnership and Company
		4 Partn CO Differ
		Classes of Share Capital
		5 Classes of SC
		Classification of Share Capital
		6 CLASIFICATION OF SC
		Issue of Shares
		7 ISSUE OF SHARES
		Allotment of Shares
		8 ALLOTMENT OF SHARES
		Issue of Shares at Par
		9 ISSUE OF SHARES AT PAR
		Procedure for allotment of shares
		10 PROCEDURE ALLOT OF SHARE
		Calls in Arrears
		11 CALLS IN ARREARS
		CALLS
		12 CALLS
		Calls in Advance
		13 CALLS IN ADVANCE
		Issue of Shares at Premium
		14 ISSUE OF SHARE AT PREMIUM
		Issue of Shares at Discount
		15 SHARE ISSUE DISCOUNT
		Sweat Equity Shares
		16 SWEAT EQUITY
		Employees Stock Option Scheme
		17 ESOS
		Forfeiture of shares
		18 Forfeiture os shares
		Reissue of Forfeited Shares
		19 Reissue of Forfeited Shares
		Forfeiture Example
		20 Forfeiture Example
		Forfeiture Example 2
		21 Forfeiture Example 2
		Issue of bonus shares
		22 Issue of bonus shares
		Share Application and Allotment Problem 1
		23 Share appln allt prob 1
		Share Forfeiture Problem
		24 Prob on Share Forfeiture
		Share Forfeiture Problem 2
		25 Prob2 on share forfeiture
		Bonus Issue Problem
		26 Problem Bonus Issue
		Reissue of Forfeit shares Problem 1
		27 Prob Reissue of Forfeit sh
		Reissue of Forfeit shares Problem 2
		28 Prob 2 Reissue of Forfeit shares
		Non Voting Shares
		29 Non Voting Shares
		Profit on Forfeiture of shares-case study
		3443
	COMPANY ACCOUNTS II
		Introduction to Financial Statements
		1 Intr to FS
		Balance sheet format
		10-Balance-sheet-format
		General Instructions to Schedule III of Companies Act, 2013
		2 Gen instru SIII
		General Instructions related to Assets and Liabilities
		3 GI A and L
		General Instructions related to Share Capital
		4 GI SC
		General Instructions related to Reserves and Surplus
		5 GI R and S
		General Instructions related to Long Term Borrowings
		6 GI LTB
		General Instructions related to Long Term Provision
		7 Long Term Provision
		General Instructions related to Short Term Borrowings
		8 STB
		General Instructions related to Other Current Liabilities
		9 Other CL
		General Instructions related to Tangible assets
		11-Tangible-assets
		General Instructions related to Intangible Assets
		12-Intangible-Assets
		General Instructions related to Non Current Investments
		13-Non-Current-Invt
		General Instructions related to Long term Loans and Advances
		14-Long-term-LA
		General Instructions related to Other Non Current Assets
		15-Other-NCA
		General Instructions related to Inventories
		16-Inventories
		General Instructions related to Trade Receivables
		17-Trade-Receivables
		General Instructions related to Cash and Cash Equivalents
		18-Cash-and-CE
		General Instructions related to Contingent liabilites and Commitments
		20-Cont-liab-and-commitment
		General Instructions related to Short term Loans and Advances
		20-Short-term-LA
		Profit and Loss Statement Format
		21-PL-Format
		General Instructions related to Profit and Loss Statement
		22-GI-PL
	Final Section
		Golden Rule of Accouting
		GRA

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