Not for Profit Organisations and Partnership Accounts.
Chapters Covered in this Book:
• Chapter 1: Accounting For Not-For-Profit Organisation
• Meaning And Characteristics Of Not For Profit Organisation
• Accounting Records Of Not For Profit Organisations
• Receipt And Payment Accounting
• Income And Expenditure Accounting
• Balance Sheet
• Some Peculiar Items
• Income And Expenditure Account Based On Trial Balance
• Incidental Trading Activity
• Chapter 2 : Accounting For Partnership: Basic Concepts
• Nature Of Partnership
• Partnership Deed
• Special Aspects Of Partnership Accounts
• Maintenance Of Capital Accounts Of Partnership
• Distribution Of Profit Among Partners
• Past Adjustments
• Final Accounts
• Chapter 3 : Reconstitution Of A Partnership Firm – Admission Of A Partner
• Modes Of Reconstitution Of A Partnership Firm
• Admission Of A New Partnership
• New Profit Sharing Ratio
• Sacrificing Ratio
• Goodwill
• Adjustment For Accumulated Profits And Losses
• Revaluation Of Assets And Reassessment Of Liabilities
• Adjustment Of Capitals
• Change In Profit Sharing Ratio Among The Exist-Ion Partners
• Chapter 4 : Reconstitution of a Partnership Firm-Retirement/Death of a Partnership
• Ascertaining The Amount Due To Retiring/Deceased Partnership
• New Profit Sharing Ratio
• Gaining Ratio
• Treatment Of Goodwill
• Adjustment For Revaluation Of Assets And Liabilities
• Adjustment Of Accumulated Profits And Losses
• Disposal Of Amount Due To Retiring Partnership
• Adjustment Of Partner`s Capital
• Death Of A Partner
• Chapter 5 : Dissolution of partnership firm
• Dissolution Of Partnership
• Dissolution Of A Firm
• Settlement Of Accounts
• Accounting Treatment