Description

Accountancy & Financial Management – II

FYBCOM Semester II

Syllabus

1. Accounting From Incomplete Records (Lectures 15)
Introduction
Problems on preparation of final accounts of Proprietary Trading Concern (conversion method)

2. Consignment Accounts (Lectures 15)
Accounting for consignment transactions
Valuation of Stock
Invoicing of goods at higher price
(Excluding Overriding commission, Normal/abnormal losses)

3. Branch Accounts (Lectures 15)
Meaning / Classification of Branch
Accounting for Dependent Branch not maintaining full books by
(a) Debtors method (b) Stock and Debtors method

4. Fire Insurance Claims (Lectures 15)
Computation of Loss of Stock by Fire
Ascertainment of Claim as per the Insurance Policy
Exclude: Loss of Profit and Consequential Loss