Calls-in-Arrears and Calls-in-Advance
Shareholders can make all the money due on due date, before due date or after due …
Accounting for Share Capital
Accountancy Class 12
Accountancy – Class 12 category includes all the posts relating to various chapters of Accountancy Class 12.
Accounting for Share Capital
Over-Subscription of Shares
Subscription of shares can be more than the number of shares offered or less than that…
Accounting for Share Capital
Issue of Shares at Premium
When company issues shares for a price that is more than its face value, shares…
Accounting for Share Capital
Forfeiture and Re-issue of Forfeited Shares
Forfeiture means cancellation of shares due to non-payment of allotment money …
Accounting for Share Capital
Shares Issued to Vendor and Buy-Back
Sometimes, company purchases assets and makes the payment to the vendor…
Dissolution of Partnership Firm
Dissolution of Partnership Firm
The main condition of preparing realization account is the availability of complete Balance sheet of the firm.
Dissolution of Partnership Firm
Accounts Relating to Dissolution of Firm
Necessary ledger accounts to be prepared on Dissolution of firm includes Realization account…
Dissolution of Partnership Firm
Realization Expenses on Dissolution
Realisation expenses can be paid in cash or can be paid by a partner. Sometimes a partner …
Fundamentals of Partnership Accounting
Past Adjustments – Illustrations
A, B and C, are partners with capitals of ₹100,000, ₹200,000 and ₹300,000 respectively sharing …
Project Work in Accountancy
Annual Reports of 20 Companies for Project Work
12th Class students require Annual Reports of companies for completing their project work.