Category: Queries

Journal entries for Integral and Non Integral.  

Cost Accounting is made up of 6 Chapters. Out of which Chapter No. 6. Introduction to emerging Concepts in Costing , will have no practical question. Where as the First chapter- Uniform Costing and Inter firm comparison has Simple sums and theory, GO through the sums at-least once. OPERATION COSTING. There are practical problems based…

Liquidation Does not require any shortcuts, for the chapter is absolutely format based, and its a standard format. So All the shortcuts given will help only once you have done the chapters. all the entries are taken comparing various textbook and notes, hence chances of error are minimal. What chapter will come in option of…

All the pics below is enough to self revision. Again a Simple chapter.

Its one of the most Simple chapters, hence leaving it for option is not a good decision. Follow the steps given below and do the Journal entries in the same order. Also carefully understand the Sequence of Reserves.

INTERNAL RECONSTRUCTION is again a simple chapter if you know the concept and the maximum adjustments. hence here is a list of maximum adjustments and entries. WE PREFER ALWAYS COMPLETE ENTRIES RELATED TO CAPITAL REDUCTION (Cr.) FIRST AND THEN GO FOR (Dr.) For it will help you to realise, ho much balance do you have…

As we know amalgamation is a chapter which cannot be left for Option, hence its a compulsory chapter. We get scared of this chapter for the only reason is, we do not know what are the maximum adjustments and concepts. Hence here is a chart which consist of maximum entries possible as per us. Also…

TYBAF IS NOT EASY, AS WE TRY TO UNDERSTAND AND REMEMBER CONCEPTS OF NEARLY 45 CHAPTERS. HENCE DO’S AND DONT’S ARE:- I WILL FINISH 2 CHAPTER OF ACCOUNTS TODAY, AND I WILL SIT FOR 6 HOURS FLAT. Setting such high goals makes you feel good and target achievable, but honestly not practical. hence a better…