Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd
Upload
2K views

B. Com. Semester II Financial Accounting II - Syllabus

The document outlines the syllabus for the Financial Accounting II course for the second semester of a B. Com. degree. It includes 4 units that will be covered: 1) Sectional Balancing System, 2) Accounts of Non-Trading Institutions, 3) Special Accounting Areas such as joint ventures, branches, hire purchase, and installment systems, and 4) Partnership Accounts including formation, operations, changes to partnership, and dissolution. It also lists 5 recommended textbooks for the course.

Uploaded by

Shubham Shubbhu
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
2K views

B. Com. Semester II Financial Accounting II - Syllabus

The document outlines the syllabus for the Financial Accounting II course for the second semester of a B. Com. degree. It includes 4 units that will be covered: 1) Sectional Balancing System, 2) Accounts of Non-Trading Institutions, 3) Special Accounting Areas such as joint ventures, branches, hire purchase, and installment systems, and 4) Partnership Accounts including formation, operations, changes to partnership, and dissolution. It also lists 5 recommended textbooks for the course.

Uploaded by

Shubham Shubbhu
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

B. Com.

Semester II

Financial Accounting II - Syllabus


Unit Title Details of Topic
I Sectional Balancing Self balancing system including rectification errors
System
II Non – Trading Accounts of Non – Trading Institutions
Institutions
Consignment Accounts: Important terms; Accounting
records; Valuation of unsold stock; Conversion of
consignment into branch
III Special Accounting Joint Venture Accounts: Meaning of joint venture; Joint
Areas venture and partnership; Accounting records
Branch Accounts: Dependent branch; Debtors system, stock
and debtor system; Final accounts system; Wholesale branch;
Independent branch; Foreign Branch
Hire-purchase & installment purchase system:Meaning of
Hire-purchase contract; Legal provisions regarding hire-
purchase contract; Accounting records for goods of
substantial sale values; Accounting records for goods of small
values; Installment purchase system; After sales service.

Essential characteristics of partnership; Partnership Deed;


Final Accounts; Adjustment after closing the accounts; Fixed
IV Partnership Accounts and fluctuating capital; Goodwill; Joint Life Policy; Change
in Profit Sharing Ratio
Reconstitution of a partnership firm- Admission of a partner,
Retirement of a partner’ Death of a partner; Amalgamation of
partnership firms; Dissolution of a partnership firm;- Modes
of dissolution of a firm; Accounting entries; Insolvency of
Partners; Sale of a firm to a company; Gradual realisation of
assets and piecemeal distribution

Books Recommended:

1. Anthony, RN. and Reece. J.S.: Accounting Principles: Richard Irwin Inc.
2. Gupta. R.L.and Radhaswamy. M: Financial Accounting; Sultan Chand and Sons, New
Delhi.
3. Monga J.R., Ahuja Girish, and Sehgal Ashok: Financial Accounting; Mayur Paper Back.
Nokia.
4. Shukla. M.C., Grewal T.S., and Gupta, S.C.: Advanced Accounts: S. Chand & Co. New
Delhi.
5. Compendium of Statement and Standards of Accounting : The Institute of Chartered
Accountants of India, New Delhi.

You might also like