Calculation of Partner’s Commission
A partner is entitled to receive Commission or any other remuneration only if provided in Partnership Deed.
Fundamentals of Partnership Accounting
Accountancy
Accountancy category includes posts relating to Accountancy of Class 11 and Class 12.
Fundamentals of Partnership Accounting
Interest on Drawings by Partner
Interest on Partner’s Drawings is not to be charged in the absence of provision regarding this in the partnership deed.
Fundamentals of Partnership Accounting
Interest on Partner’s Capital
Interest on Capital contributed by a partner to the firm is to be allowed only if it is provided in the Partnership Deed.
Fundamentals of Partnership Accounting
Fixed and Fluctuating Capital Accounts of the Partners
If partners decide to keep their capitals intact and same throughout the accounting year they prepare …
Fundamentals of Partnership Accounting
Profit and Loss Appropriation Account
Profit and Loss Appropriation Account is a nominal account prepared for the purpose of distributing profits/losses …
Fundamentals of Partnership Accounting
Partnership Deed
Partnership deed is a written agreement among the partners containing the terms and conditions …
General - Accountancy 12
Common Mistakes in Accountancy Exam Class 12
Most common mistakes made by the students attempting 12th Accountancy exam. have been mentioned here.
Introduction to Accounting
Basic Accounting Terms
A beginner in Accountancy must understand some basic terms. All the topics further are based on the knowledge of these basic terms.
General - Accountancy 11
Accountancy Class 11 Syllabus (2025-26) Simplified
The Board has introduced Learning Outcomes in the syllabus to motivate students to constantly explore…
Project Work in Accountancy
Project Work in Accountancy Class 12
One specific project based on financial statement analysis of a company covering…