Financial Accounting

La contabilidad financiera es aplicación gratuita para el comercio, gestión, estudiantes de MBA, MCA.

Financial accounting app is free app to explore business and economy. Using this app study basic & advanced concepts of financial accounting .It is designed to learn financial accounting basics for management,commerce professionals and students.Accounting is backbone for financial,business & trade. It almost cover all important topics

Unit – 1

Definition of Financial Accounting

Development and objectives of accounting

Basic Concepts

Postulates and Conventions of accounting

Sub-division of journal

Preparation of trial balance

Final Accounts Preparation of manufacturing

Unit – 2

Accounting of Non-Trading Institutions

Concept of depreciation

methods of depreciation Depreciation accounting

Depreciation policy

Consignment Accounts

Unit – 3

Higher-purchase and installment purchase system

Legal provision regarding hire-purchase contract

Branch Accounts system

Unit – 4

Essential characteristics of partnership

Partnership deed

Final Accounts

Adjustments after closing the accounts

Fixed and fluctuation capital

Goodwill & Joint Life Policy

Change in Profit Sharing Ratio

Unit – 5

Amalgamation of partnership firms

Dissolution of a partnership firm-Modes of dissolution of a firm

Insolvency of partners

Sale of firm to a company