Mr. R.John, PGT (Comm)
Date of submissio : 28/06/2011
What are not- profit organisations? Explain its features.
- What is receipts and payments account? State its features.
- What is meant by income and expenditure account? How does it differ from receiptsand payments account?
- How will you treat the following:
- Legacies
- Donation
- Sale of assets
- Life membership fee
- Entrance fee
- Define Partnership? Explain its features.
- What is partnership deed? State its contents.
- State the provisions affecting accounts in the absence of partnership deed.
- Differentiate between fixed capital and fluctuating capital.
- Define company? Explain its features.
- Explain different types of companies.
- Explain various clauses of capital.
- Difference between share and debenture.
- What is a debenture? Explain different types of debentures
- What is a preference share? Explain different types of preference shares.
- What are financial statements? State its significance.
- List the parties interested in financial statement analysis.
- Explain the tools of financial analysis.
- Not for profit organizations exercise problem No’s 10 to14.
- For project work- Develop a comprehensive problem of business. On the basis of that problem pass journal entries ,prepare ledger accounts, trial balance and prepare trading , profit and loss account and balance sheet.
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