Financial Accounting-II

Rashtrasant Tukadoji Maharaj Nagpur University, RTMNU, BCOM Solved Series

Syllabus

3T1:  FINANCIAL ACCOUNTING – II

Unit-I

Consignment Accounts

Meaning, Needs, Advantages and Formalities in Consignment, Difference between a Consignment and a sale, Performa Invoice, Account Sales, Accounting Procedure of Consignment, Valuation of Consignment Stock. (Theory & Numerical)

Unit-II

Branch Accounts (Excluding Foreign Branch)

Meaning of Branch, Objectives of Branch Accounting, Maintenance of Accounting Records, Transactions Relating to Branch. Accounting Procedure of Branch (Theory & Numerical)

Unit-III

Flotation of Joint Stock Companies and their Capital Structure

Types of Shares, Methods of Issue of Shares, Accounting for Issue, Forfeiture of Shares & Reissue of Forfeited Shares (Theory & Numerical)

Unit-IV

Final Accounts of Joint Stock Companies

Introduction, Statutory Provisions Regarding Preparation of Companies Final Accounts. Provision for Interest on Debentures, Proposed Dividends, Interim Dividend (Theory & Numerical)

The Financial Year Ends on 31st March.