Financial accounting II / Mukherjee, Abhik Kr., Soumya Mukherjee

As per new B.Com CBCS syllabus

Financial Accounting II is specially designed as an undergraduate textbook for the third semester B Com students of the University of Calcutta (br>cu) as per the latest CBCS syllabus. Written in a crisp and easy-to-understand style, the book incorporates a large number of worked-out problems and exhaustive Exercises making it ideal for self-study.The book is divided into 7 units comprising 17 chapters. Units 1 and 2 discusses the various aspects of Partnership accounting, namely finalization of Partnership Firms (including appropriation and distribution of profits), valuation and accounting for Goodwill, accounting for life policies and change in Constitution of the Firm (I.E., admission, retirement, death of a Partner, and change in Profit sharing Ratio between the partners), dissolution of Partnership Firms and piecemeal distribution. Branch accounting, accounting for hire purchase & instalment payment, Departmental accounting and accounting for investments are covered over units 3, 4, 5 and 6, respectively. The concluding br>Unit covers Profit/Loss prior to incorporation, accounting for acquisition of business and conversion of Partnership into limited company.