Accounting for Special Entities BU B.Com SEP 5th Sem 2024-25 Notes

Unit 1 [Book]
Overview of Banking Business, Meaning, Definition, Objectives, Important Terms in Banking Business VIEW
Rebate On Bill Discounted VIEW
Statutory Reserve VIEW
Cash Credit VIEW
Study of Important Books, Ledgers, and Registers Maintained by Banking Companies VIEW
Introduction to the Slip System of Posting in Banking Transactions VIEW
Explanation of Reserve Bank of India Guidelines for Profit and Loss Accounts VIEW
Balance Sheets VIEW
Recording Transactions Like Bills for Collection, Acceptances, Endorsements, And Other Obligations VIEW
Non-Performing Assets (NPAs) VIEW
Income Recognition and Treatment of Interest Suspense Accounts-Final Accounts VIEW
Preparation of Profit and Loss Accounts VIEW
Contents of Schedule No. 13,14,15,16. and Balance Sheets as Per Schedule No. 12 VIEW
Unit 2 [Book]
Overview of Insurance Companies, Meaning, Definition, Objectives, Types, Regulatory Framework VIEW
Ind AS of Insurance Company Accounting VIEW
Unexpired Risk VIEW
Life Insurance Accounting VIEW
Preparation of Revenue Accounts for Life Insurance Companies VIEW
Preparation of Balance Sheets for Life Insurance Companies VIEW
General Insurance Accounting VIEW
Preparation of Revenue Accounts for General Insurance Companies VIEW
Preparation of Balance Sheets for General Insurance Companies VIEW
Claims, Calculation of Claims for Life Insurance Companies VIEW
Premiums, Calculation of Premiums, and Profit for Life Insurance Companies VIEW
Concept of Reinsurance VIEW
Concept of Bonus, Bonus in Reduction of Premium, and Interest Accrued on Investments VIEW
Unit 3 [Book]
Hotel Industry Overview, Meaning, Definition, Objectives VIEW
Understanding the Structure and Operations of Hotel Industries VIEW
Revenue Recognition, Methods of Recognizing Revenue in Hotel Operations VIEW
Costing Methods Applicable to Hotel Industries VIEW
Preparation of Income Statement and Balance Sheet for Sole Proprietorship VIEW
Preparation of Income Statement and Balance Sheet for Partnership Hotel Businesses VIEW
Accounting for Depreciation and Amortization in Hotel Assets, Case Study VIEW
Accounting for Online Booking Platforms (Booking.com, MakeMyTrip, and Airbnb) VIEW
Unit 4 [Book]
Trust Accounting, Basics, Meaning, Definition, Objectives, Features VIEW
Understanding the Principles of Accounting for Trusts VIEW
Introduction to Accounting Practices in Clubs VIEW
Preparation of Receipts and Payments Accounts for Trusts and Clubs VIEW
Preparation of Income and Expenditure Accounts for Trusts and Clubs VIEW
Preparation of Balance Sheets for Trusts and Clubs VIEW
Understanding the Regulatory Framework Governing Trusts and Clubs VIEW
Emerging Trends in Non-Profit Accounting ( AI & Data Analytics) VIEW
Unit 5 [Book]
Farm Accounting, Meaning, Need and Purpose, Characteristics and Nature of Transactions VIEW
Cost and Revenue Apportionment of Common Cost by Product Costing VIEW
Preparation of Cattle Account VIEW
Preparation of Livestock Account VIEW
Preparation of Farm Account and Final Accounts of Farm VIEW
Treatment of Government Subsidies and Grants (Agricultural Subsidies, Crop Insurance Claims) VIEW

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