AA (BCOM 2nd)

PART-A

UNIT I (12 Hrs.)

Single Entry System, Accounts of Non- Profit Organizations; Insolvency Accounts

UNIT II (12 Hrs.)

Royalty Accounts, Hire Purchase and installment system; Consignment and Joint-Venture

PART-B

UNIT III (12 Hrs.)

Partnership Accounts: Fixed and Fluctuating Capitals; Interest on Capital; Interest on Drawing;

Past Adjustments and Guarantee.

UNIT IV (12 Hrs.)

Partnership Accounts: Admission, retirement and death of a partner; Dissolution of a partnership

firm (excluding Garner v/s Murray, Gradual Realization and Piecemeal Distribution)