Tag: accountancy

profit and loss appropriation account

preparation of profit and loss appropriation account

Introduction to accounting ledgers, covering their purpose, structure, posting process, and relationship with journals and subsidiary books

meaning, format and utility of ledgers

Covers accounting procedures and legal aspects when a partnership firm is dissolved or undergoes changes due to partner retirement or death. Topics include realization accounts, transfer of assets and liabilities, joint life policies, and the Garner v Murray rule.

procedure of settlement of accounts

Covers relational data model concepts, database schemas, tuples, attributes, relations, keys, super-keys, and integrity constraints (domain, entity, referential).

introduction and importance of ms excel

Tests knowledge of book-keeping concepts, the double-entry system, and the relationship between book-keeping and accounting including their meaning, scope, and objectives.

Covers fundamental concepts of relational data model including relations, tuples, attributes, domains, keys, integrity constraints, and database operations for Class XII students