by | Unit 1 [Book] | |
| Introduction, Meaning and Definition of Accounting Objectives of Accounting | VIEW |
| Accounting Principles | VIEW |
| Accounting Concepts and Accounting Conventions | VIEW |
| Accounting Process | VIEW |
| Journal | VIEW |
| Ledger | VIEW |
| Trial Balance | VIEW |
| Adjusting entries | VIEW |
| Debit Notes and Credit Notes | VIEW |
| Accounting Equation | VIEW |
| Simple Problems on Accounting equation and adjusting entries Only | VIEW |
| Unit 2 [Book] | |
| Introduction, Meaning Sale of Goods for Approval or Returned | VIEW |
| Relevance and Common Industries for Sale of goods for Approval or Return | VIEW |
| Revenue recognition Principles, Conditions for Revenue recognition | VIEW |
| Accounting Treatment: | |
| Initial Recognition (Recording the Shipment) | VIEW |
| Revenue Recognition (on Goods approval) | VIEW |
| Reversing entries (Goods returned) | VIEW |
| Unit 3 [Book] | |
| Consignment Accounts, Introduction, Meaning of Consignment | VIEW |
| Consignment Vs Sales | VIEW |
| Consignor and his Responsibilities | VIEW |
| Consignee and his Responsibilities | VIEW |
| Commission: Ordinary Commission, Del-credere Commission and Over-riding commission, illustration on Commission | VIEW |
| Calculation of Consignment Stock Value under Cost price and Invoice price | VIEW |
| Accounting for Consignment Transactions and Events (Include Treatment of Normal and Abnormal Loss, Cost Price and Invoice Price) | VIEW |
| Illustration in the books of Consignor only | VIEW |
| Unit 4 [Book] | |
| Royalty Accounts Introduction, Meaning, Definition, Types | VIEW |
| Differences between Rent and Royalty | VIEW |
| Terms Used in Royalty, Lessor, Lessee, Short Workings | VIEW |
| Irrecoverable Short Workings | VIEW |
| Recoupment of Short Workings | VIEW |
| Methods of Recoupment of Short Workings | VIEW |
| Preparation of Royalty Analysis Table (Excluding Government Subsidy) | VIEW |
| Journal Entries and Ledger Accounts in the books of Lessee only | VIEW |
| i) With Minimum Rent Account | VIEW |
| ii) Without Minimum Rent Account under fixed and Floating Recoupment methods | VIEW |
| Problems including Strikes and Lockouts, but excluding Sub-lease | VIEW |
| Unit 5 [Book] | |
| Introduction, Meaning of Fire Insurance Claim, Features and Principles of Fire Insurance | VIEW |
| Concept of Loss of Stock, Loss of Profit and Average Clause | VIEW |
| Steps in Calculation of Fire Insurance Claim | VIEW |
| illustrations on Computation of Claim for Loss of Stock (including Over Valuation and Under Valuation of Stock, Abnormal Items and application of Average Clause) | VIEW |
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