Summer Vacation Home Work Accountancy

Management

Summer Vacation Home Work
Accountancy (XII)

1. Project work

a)Comprehensive problem –question
Journal
Ledger
Trial balance with at least five adjustments
Financial statements

b) Corporate analysis -Selection of company
Availing two years balance sheet ,income statement and cash flow statement for ratio analysis.

2. Analysis of financial statement
a) study and writing the format company’ s Balance Sheet and Income Statement b) 5 questions on comparative statement
c) 5 questions on common size statement
d) 3 questions on each type of ratio

Note – questions may be solved from any reference book and preferably from T.S. Grewal mentioning the page nos.

3. Accounts of not for profit organization
All questions from a reference book preferably from T.S.Grewal(including very short answer type-1mark and objective type.)

4. Partnership basics
All questions from a reference book preferably from T.S.Grewal(including very short answer type-1mark and objective type.)

5. Partnership- admission of a partner-
All questions from a reference book preferably from T.S.Grewal(including very short answer type-1mark and objective type.)

6. Updating format and formulae copy (class xi to xii )

Learning work –
1. format and theory of NPO
2. format and theory of partnership basics and admission of a partner 3. format of company’s balance sheet and income statement.(Accountancy-Part II) 4. formula of all the ratios.

Class XII
Accountancy Project Work
Table of Contents
Preface
Section I Comprehensive section
The business story
Transactions
• First month
• Second month
• Third month (Year end)
Journal Entries
Ledger
Trail balance
• End of first month
• End of second month
• Third month (Year end)
Section II Ratio Analysis
• Income Statement
• Balance Sheet
• Liquidity ratios...
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