#TYBCOM FINANCIAL ACCOUNTING NOTES PLUS#
Goods are invoiced to the branch at cost plus 25%. Vijay Merchant of Mumbai has a branch at Poona. Goods are invoiced to the branch at cost plus 33⅓% which is the selling price.Ĥ. open a branch at Delhi on 1st April, 2010. From following particulars relating to Patna Branch for the year ending 31st March, 2012, prepare accounts in the head office booksģ. From the following figures, prepare all the necessary accounts for the year ended 31st March, 2011 and Delhi Branch Account for the year ended 31st March 2012Ģ. The Kanpur Shoe Company opened a branch at Delhi on 1st April 2010. So, it is recurring in nature, it is recorded on the income side.Estimated Reading Time: 9 mins 1. General Donation:- It is not related the specific objectives. For eg:- Tournament fund, Marriage fund, Building fund, etc.ī. It is recorded on the closing Balance Sheet Liabilities Side. Special Donation:- Special Donations are related to specific objectives and it is non recurring in nature. There are two ways of collecting Donation.Ī. Donations:- Donations are collected from the public for organising social activity. It is non recurring in nature and recorded on Liabilities side.ĥ. Legacies:- It is a gift to the organization as per the will of deceased person, (on death of a member) such gift are called as Legacies. Life MemberShip Fees:- Fees which is paid in Lumpsum to become a member. It is non recurring for such organisation but if new member keeps on joining, then it can be recurring income for such organisation.ģ. Entrance Fees or Admission Fees:- Entrance fees are received from members on their admission in such organisation as member. It is a major sources of income and it is recurring in nature and it is recorded on the Income side.Ģ. Subscription:- Fees which is paid by the members Monthly, quarterly, half yearly or yearly called as Subscription. Vertical Balance Sheet Format Ismail Classes Ismail Sirġ. TYBCOM Result Internal Reconstruction Chapter TYBCOM Result Direct Tax 2019-20 Income from Salary TYBCOM Result 2019-20 Residential Status of an Individual and Scope of total Income TYBCOM RECONCILIATION TEST RESULT FY 2020-21 Ismail Classes Ismail Sir Tangible Assets Ismail Classes Ismail Sir T.Y.B.Com semester VI Business Economics Question bank for university examination 2020 Sources of Income for 'Non for profit' Organization Short term Provision Ismail Classes Ismail Sir Short term borrowing Ismail Classes Ismail Sir Reserve and Surplus Ismail classes Ismail Sir Other Current Liabilities Ismail Classes Ismail Sir Notes to Accounts Ismail Classes Ismail Sir Non Current Investment Ismail Classes Ismail Sir Long term borrowing Ismail Classes Ismail Sir Ismail Classes Picnic Financial Year 2016-17 Ismail Classes Batch Financial Year 2017-18 Intangible Assets Ismail CLasses Ismail Sir Indirect Tax T.Y.B.Com and M.Com (Regular) Question Bank 2020 HSC Admission of a partner Result FY 2021 Q.9 Reconciliation of Cost and Financial Account HAR NAZAR KAMP UTHEGI MEHSHAR KE DIN NAAT Birthday Cake Cutting at Ismail Classes - Ismail Sirīirthday Celebration By SYJC 12th Batch - Ismail Classesīirthday Celebration by TYBCOM Batch 2020-21īuy back of Shares - Ismail Classes - Ismail SirĬost Accounting Cost sheet Format Ismail Classesĭirect Tax Sem V (ATKT) Question Bank - 2020įYJC 11th Result SWAMI RAMKRISHA PARAMHANS (SRP COLLEGE)
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