This week in class

• completed valuation of goodwill.
• Fundamental of partnership firm : meaning of partnership, features,partnership deed, rights of a partner, fixed and fluctuating capital account,  accounting treatment of interest on capital and interest on drawings , Preparation of profit and loss Appropriation account was discussed with the help of numerical.

Holiday homework

ACCOUNTANCY
Students are supposed to make a project file containing three neatly written projects.
  Prepare a comprehensive project. Prepare journal, ledger, trial balance and Final account of the business. Calculate various ratios from the data available. Compare it with industry norms and give your observations.
  Collect previous year (2016-17 )published data from the leading newspapers and calculate ratios for the two years. Show the effect of ratios diagrammatically. Also give your analysis.
  From the data collected if possible prepare segment analysis with respect to profit earned during the year and revenue from operations. Give your observation and analysis.
                                                          OR
 Download Cash Flow Statement of any company and give your analysis of various activities.
Ist Terminal Exam is from 17 july revise syllabus thoroughly.

Announcements

• Solve CBSE sample paper for 2017.
• Read question paper thoroughly before attempting.
• solve all the parts of one question at one place.
• Do time management in your exam for 1 mark question not more than 2 min. s required.
• Revise properly .

This Week In Class

• Revision done for pre - board exam.
• Submit your files for checking on 12 Dec 2016.
• Revise your syllabus thoroughly.
• Practice Sample papers.

This week in class and Announcements

• Revised Issue of debentures and Redemption of Debenture.
• Various questions of Previous years board exam was discussed in the class.
• Reminder: Kindly submit your files for checking 
• Bring your problems on the topic :Issue of shares.

This week in class and Announcements.

• Syllabus Completed.
• Revision from next week .
• Start submitting your files for checking.
• Bring Problems on Fundamental of Partnership on Monday.

work done in class

• Completed Issue of shares including:
• issued at par,premium,other than cash.
• Forfeiture and reissue including pro-rata.
• Issue of Debenture at par premium and discount.
• Issue of Debenture as collateral securities and with term of redemption.