Knowledge in Financial accounting

Partnership accounts and ratios

Various partnership accounts are discussed, capital account, current account, profit and loss appropriation account

Formulas of finding various ratios.

The various ratios of fining various parameters of accounts like current ratio, profitability, debt-equity ratio.

Formulas of finding various ratios.

The various ratios of fining various parameters of accounts like current ratio, profitability, debt-equity ratio.

Inflow and outflow of cash

The operating, financial and investing activities are determined to find cash flow of company.

Dissolution Of a partnership firm

Dissolution of partnership firm and discharge of assets and liabilities. Realisation account and partner's account to be prepared

: Framework for the Preparation and Presentation of Financial Statements

The Framework sets out the: (a) objective of financial reports; (b) assumptions underlying financial reports; (c) qualitative characteristics of financial reports; (d) elements of financial reports; and (e) recognition criteria for the elements of financial statements

Accounting ratios formulas

Accounting ratios also referred to as financial ratios, are applied to compute the performance and profitability of a firm grounded on its financial statement. Types of accounting ratios : liquidity ratio , solvency ratio , turnover ratios , profitability ratio

ACCOUNTING STANDARD-9

AS 9 for Revenue recognition is mainly concerned with timing of recognition of revenue in the profit and loss account, amount of revenue arising on a transaction and influence of uncertainties existing regarding the determination of the amount, or its cost on timing of revenue recognition.

Branch accounting

Ques no 1 , dk goel , chapter branch accouting solution

Financial ACCOUNTING - DU Question paper

This is question paper of DU - Financial accounting, bcom prog (year 1) - 2020

Financial Accounting - question paper 2nd year CBCS

This is Financial accounting question paper of bcom hons 2nd year - CBCS