Advanced Financial Accounting

Unit 1 Insurance Claims
Insurance Claims Introduction, Need VIEW
Loss of Stock Policy VIEW
Steps for ascertaining Fire insurance claim VIEW
Treatment of Salvage VIEW
Average Clause VIEW
Treatment of Abnormal Items VIEW
Computation of Fire insurance claims VIEW
Unit 2 Consignment Accounts
Consignment Accounts: Introduction, Meaning VIEW
Consignor, Consignee VIEW
Goods Invoiced at Cost Price VIEW
Goods Invoiced at Selling Price VIEW
Normal Loss, Abnormal Loss VIEW
Valuation of Stock VIEW
Stock Reserve VIEW
Journal Entries, Ledger Accounts in the books of Consignor and Consignee VIEW
Unit 3 Accounting for Joint Ventures
Accounting for Joint Ventures: Introduction, Meaning, Objectives VIEW
Distinction between joint Venture and Consignment VIEW
Distinction between joint Venture and Partnership VIEW
Maintenance of accounts in the Books of Co-venturers VIEW
Maintaining Separate books for Joint Venture VIEW
Preparation of Memorandum Joint Venture VIEW
Unit 4 Branch Accounts 
Branch Accounts: Introduction, Meaning, Objectives, Types VIEW
Dependent Branches: Features VIEW
Supply of Goods at Cost Price VIEW
Supply of Goods at Invoice Price VIEW
Branch Account in the books of Head Office VIEW
Unit 5 Departmental Accounts
Departmental Accounts: Meaning, Objectives VIEW
Basis of Allocation of expenses VIEW
Trading Account in Columnar form VIEW
Profit and Loss Account in Columnar form VIEW

 

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