• Facebook
  • Twitter
  • Google+
  • YouTube

For more info contact us +91 9898512658 / +91 94279 79160

logo

Menu

  • Home
  • CPT
    • Gujarati
      • Fundamentals of Accounting
      • Mercantile law
    • English
      • Fundamentals of Accounting
      • Mercantile Law
      • Quantitative Aptitude
  • IPCC
    • GROUP : 1
      • Accounting
      • Cost Accounting and Financial Management
      • TAXATION
    • GROUP : 2
      • Advanced Accounting
      • Auditing and Assurance
  • Final
  • Foundation
    • English
      • Business Economics & Business Commercial Knowledge
      • Business Laws & Business Correspondence and Reporting
      • Business Mathematics, Logical Reasoning and Statistics
      • Principle & Practice of Accounting
    • Gujarati
      • Business Laws & Business Correspondence and Reporting
      • Principles & Practice of Accounting
  • Intermediate
    • Group 1
      • Accounting
      • Cost and Management Accounting
      • Taxation
    • Group 2
      • Advanced Accounting
      • Auditing and Assurance
  • GST
  • Exams
    • Chartered Accountant (CA) Exam Details
    • Registration Procedure
      • CA CPT
      • CA IPCC
      • CA Final
  • Syllabus
    • CA Final New Syllabus (Group 1)
    • CA Final New Syllabus (Group 2)
    • CA Foundation Syllabus
    • CA Final Syllabus (Old Vs New)
    • Foundation Course
      • PRINCIPLES AND PRACTICE OF ACCOUNTING
      • BUSINESS LAWS AND BUSINESS CORRESPONDENCE AND REPORTING
      • BUSINESS MATHEMATICS, LOGICAL REASONING AND STATISTICS
      • BUSINESS ECONOMICS AND BUSINESS AND COMMERCIAL KNOWLEDGE
  • Download
    • CPT
    • IPCC
    • Final
  • About
  • Contact
logo

Category Archives: Account

You are here: Home / Account
Share this page
08 Aug 2018

what is statistics and its applications ca cpt foundation

Posted by Suresh Tejwani Account, Foundation
0 Comments

Under this chapter we learn following topics Statistics and its applications Data collection technique Distinction between primary and       secondary data Presentation of data in textual and tabular Cumulative frequency and frequency distribution Graph using histogram, frequency polygon and pi chart Use of statistic : Statistic is used in all subjects like management, commerce, mathematics, social […]

read more
07 Aug 2018

consignment accounting

Posted by Suresh Tejwani Account, Foundation
0 Comments

Consignment It is a principal and agent relationship. Person who sends goods will be consignor. Person who receive the goods will be consignee. Performa invoice – consigner provides to consignee for the details of goods like quantity, price etc. Account sales – periodically consignee sends details of transaction to consignor. Risk of goods  will be […]

read more
31 Jul 2018

inventory

Posted by Suresh Tejwani Account, Foundation
0 Comments

Inventory Meaning : Held for sale in ordinary course of business. Used as a material in production Consumed in the production or maintenance  -oil, Greece etc. It also includes loose tools , supplies and spare parts. Under construction project of builder is also a inventory. Standby  equipment of Fixed asset is also fixed asset. At […]

read more
25 Jul 2018

bill of exchange

Posted by Suresh Tejwani Account, Foundation
0 Comments

BILL OF EXCHANGE There are various types of negotiable instruments like bill of exchange, promissory notes and cheque etc. Bill of exchange :  A orders to B pay to C . A is drawer, B is drawee, acceptor and payer while c is payee. It is an unconditional order to pay a sum of money  […]

read more
09 Jul 2018

accounting for material cost

Posted by Suresh Tejwani Account, Intermediate
0 Comments

Accounting for material cost Term material related to all commodities supplied to undertaking it can be direct or indirect Advantages Effective control in costly items Save time for non important items Optimum investment is possible Minimum total cost High inventory turn over Re order quantity or economic order quantity: No of units ordered is treated […]

read more
09 Jul 2018

single entry / incomplete records

Posted by Suresh Tejwani Account, Intermediate
0 Comments

Single entry Incomplete accounting records means at present it is not maintained on the basis of double entry system or records are lost due to fire, theft etc. Although all records are lost but bank statement, cross ledger from creditors And debtors will be available. Statement of affairs  (balance sheet before adjustment) 1 Ascertain closing […]

read more
09 Jul 2018

Redemption of preference shares

Posted by Suresh Tejwani Account, Intermediate
0 Comments

Redemption of preference shares Redemption of preference shares Meaning Preference shares: priority in payment of dividend and capital at the time of liquidation. Redemption means repayment of capital Provisions of companies Act (section 55 ) for redemption of preference shares: Only fully paid up preference shares can be redeemed Redemption is possible out of free […]

read more
08 Jul 2018

dissolution of firm

Posted by Suresh Tejwani Account, Intermediate
0 Comments

dissolution of firm best summary  notes Dissolution  of firm Meaning Dissolution of relationships between partners along with termination of business. At the time of dissolution, all assets will be realized and liabilities should be repaid. For dissolution following accounts will be prepared. 1 realization account 2 partners capital account 3 cash/bank account 1 realization account […]

read more
08 Jul 2018

debenture redemption accounting

Posted by Suresh Tejwani Account, Intermediate
0 Comments

Redemption of debentures When it is issued : Bank account debit To debenture account But when it is redeemed Debenture account debit To bank account But at the time of redemption fund may not be sufficient. Hence sinking fund investment will be Used. Journal entries Appropriation : Profit and loss appropriation account debit To debenture […]

read more
08 Jul 2018

insurance claim

Posted by Suresh Tejwani Account, Intermediate
0 Comments

best summary notes It is contract of indemnity it covers two types of contract: Loss of stock Loss of profit Joint policy of stock and profit also allowed. Stock on the date of fire is required to calculate. For the calculation of stock memorandum trading account will be prepared. Average clause: When closing stock is […]

read more
1 2 Next →

Tejwani Institute

  • About
  • Contact

All rights reserved by Tejwani Institute. Developed by:Easy Infosoft

error: Please do not copy :)