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FINANCIAL
ACCOUNTING
UNIT I
PARTNERSHIP A/C ; PARTNERSHIP
DEFENITION -PROVISION
RELATING TO PARTNERSHIP
ACCOUNTING - CAPITAL AND
CURRENT ACCOUNT OF
PARTNERS โ€“FIXED AND
FLUCTUATING โ€“ APPROPRIATION
PROFIT โ€“ PAST ADJUSTMENT
AND GUARANTEE
PARTNERSHIP ACCOUNT
PARTNERSHIP DEED
PROVISION RELATING TO
PARTNERSHIP A/C
PROFIT AND LOSS
APPROPRIATION ACCOUNT
INTEREST ON CAPITAL
INTEREST ON DRAWINGS
FIUCTUATING CAPITAL METHOD
FIXED CAPITAL METHOD
CURRENT ACCOUNT
PAST ADJUSTMENTS
GUARANTEE
UNIT II
ADMISSION OF PARTNER โ€“ CALCULATION
OF NEW PROFIT SHARING RATIO --
ADJUSTMENT OF INDISTRIBUTER OF
ASSETS AND LIABILITIES โ€“
TREATMENT OF GO
GOODWILL โ€“ ADJUSTMENT OF CAPITAL
OF PARTNERS AFTER ADMISSION OF
A
PARTNER
ADMISSION OF PARTNER
UNIT III
RETAIRMENT OF PARTNERS โ€“ TRANSFER
OF BALANCE DUE TO REFAIR
PARTNERS โ€“
DEATH OF PARTNERS TREATMENT OF
JOINLIFE PARTNERSHIP โ€“
SETTLEMENT OF AMOUNT DUE TO
LEGAL REPRESANTATIVE OF
DECEASED PARTNERS
RETAIRMENT OF PARTNER
UNIT IV
AMALGAMATION OF FIRM
-- SALE TO A
COMPANY
UNIT V
DISSOLUTION OF PARTNERSHIP ;
ACCOUNTING TREATMENT INSOLVANCY
OF PARTNER โ€“ DECESION IN GARNER
VS
MURRAY CASE โ€“ INSOLVENCY OF ALL
PARTNER โ€“ PIESE MEAL DISTRIBUTION
โ€“
PROPERTIONATE CAPITAL METHOD
MAXIMUM LOSS METHOD
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