Vikas Sharma

Bonus issue and rights issue: the sources a bonus may be made from, the journal entries, the effect on share capital and reserves, and the value of a right4 Oct 2026 Issue of debentures: journal entries for issue at par, premium and discount, redemption terms fixed at issue, issue as collateral security, issue for consideration other than cash, and interest4 Oct 2026 Issue, forfeiture and re-issue of shares: journal entries for application, allotment and calls, securities premium, pro-rata allotment, calls in arrears and in advance, forfeiture and re-issue4 Oct 2026 Dissolution of a partnership firm: the realisation account, the order of applying assets under section 48, partners' loan and capital accounts, and the deficiency of an insolvent partner4 Oct 2026 Death of a partner: the share of profit up to the date of death, goodwill, revaluation, joint life policy and the executors' account4 Oct 2026 Retirement of a partner: the gaining ratio, revaluation, reserves and goodwill, the amount due to the retiring partner and its settlement in cash or as a loan paid in instalments4 Oct 2026 Admission of a partner: the new profit-sharing ratio, sacrificing ratio, revaluation account, treatment of reserves and goodwill, and adjustment of capitals4 Oct 2026 Goodwill in partnership accounts: average profit, super profit and capitalisation methods, and the accounting treatment when a partner is admitted, retires or dies4 Oct 2026 Partnership accounts: fixed and fluctuating capital accounts, interest on capital and drawings, partners' salary, guarantee of profit and the profit and loss appropriation account4 Oct 2026 Accounts from incomplete records: the statement of affairs method, and the conversion method using total debtors, total creditors and a cash summary4 Oct 2026 Not-for-profit accounts: subscriptions, donations, entrance fees, life membership fees, specific funds and the balance sheet, with a worked example4 Oct 2026 Receipts and payments account v income and expenditure account of a not-for-profit organisation: what each shows and how one is converted into the other4 Oct 2026