Summer vacation home work accountancy

Page 1 of 4

Summer vacation home work accountancy

By | July 2011
Page 1 of 4
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...