FINAL ACCOUNTS FOR CO-OPERATIVE SOCIETY MADE EASY

FINAL ACCOUNTS FOR CO-OPERATIVE SOCIETY 

1. Co-operative Housing Society
2. Consumer Co-operative Society

• Co-operative Housing Society Given In The Problem

1. Trial Balance
2. Adjustment

• Required to Prepare

1. Income and Expenditure Account
2. Balance Sheet
3. Memorandum Appropriation account

• Consumer Co-operative Society

1. Trading account
2. Profit and loss account
3. Balance sheet
4. Memorandum appropriation Account

• Important Tips:

1. In the Trial Balance you have to see whether items are going in Income and Expenditure or Balance Sheet.
2. As per this it should be started putting in the format.

• Important Adjustments:

The above content would not have been possible without the efforts of Ms Supriya Lokegaonkar From lords Universal college.