Accountancy Syllabus for CBSE Class 12 , 2014

Accountancy  Syllabus for CBSE Class 12 , 2014

Accountancy Syllabus for CBSE Class 12 , 2014 Details:

PART A:  Accounting for Partnership Firms and Companies

Unit I: Accounting for Partnership firms - Fundamentals.

•  Partnership : features, Partnership deed.
• Provisions of the Indian Partnership Act 1932 in the absence of partnership deed.
•  Fixed v/s fluctuating capital accounts, division of profit among partners, guarantee of profits, past adjustments (relating to interest on capital, interest on drawing, salary and profit sharing ratio), preparation of P&L Appropriation account.
•  Goodwill: nature, factors affecting and methods of valuation - average profit, super profit, and capitalization.