Madhya Pradesh Board Book keeping & Accountancy Syllabus for Class 12


Madhya Pradesh Board Syllabus for Class 12 Book keeping & Accountancy

Book Keeping and Accountancy syllabus for class XII of 2008-09 session

Time: 3 hours

Maximum Marks: 100

 

Unit

Title

Content

Marks

Periods

1

Consignment Accounts

Accounting records in the books of Consignor and Consignee. Valuation of consignment stock, Normal and Abnormal Loss. (Insured and Uninsured).Calculation of Ordinary, del-credere and Over-riding commission

10

16

2

Accounting for Partnership

Partnership business and Partnership deed. Fixed and Fluctuating Capital Account; Division of Profit and Loss; Past adjustments and guarantee of Profits,

7

11

3

Reconstitution of Partnership

Division of profit, Change in ratio, Sacrificing and gaining Ratio, Revaluation of Assets and Liabilities, Distribution of Reserves and Accumulated profit undistributed Profit).

Goodwill: Nature, factors affecting and Methods of valuation- Average Profit Super Profit, Capitalization. Accounting Treatment of Goodwill.

8

14

4

Admission of New Partner & Retirement

(a) Admission - Conditions, Changes in Profit sharing ratio; Sacrificing ratio, Accounting treatment of goodwill, Accounting treatment for revaluation of Assets and Liabilities, Undistributed Profit and Reserves. Adjustment of capital Accounts.

(AS per AS. 10)

(b) Retirements/Death :-Change in Profit Sharing ratio Accounting treatment for
goodwill revaluation of Assets and liabilities, and Undistributed Profit and reserves,

Adjustments and calculation of amount payable to retiring partner & payment.
(AS per AS. 10)

10

16

5

Dissolution of Partnership Firm

Meaning, causes, effects, Methods of dissolution, preparation of realization account and partners capital accounts. (excluding piecemeal distribution, sale to company and insolvency of a partner).

10

16

6

Accounting for Share Capital

Share- Meaning, nature, types, issue and allotment of equity and preferential shares- applications allotment, and calls, over and under-subscription, Issue at Par, at Premium and at Discount, Calls in Advance, Calls in Arrears, Interest there on', reissue of shares for purchase of assets. Forfeiture and their reissue, share capital in company's Balance sheet

15

24

7

Accounting for Debentures

Debentures:- Meaning, issue at par, at discount, at premium, issue of debentures for consideration other the cash.

Redemption of debentures: meaning, sources of funds for redemption of debentures from the proceeds of fresh issue of shares and debentures, out of accumulated profits and sinking fund.

15

23

8

Financial Statement

Final accounts of Company - Balance Sheet of a company in the prescribed form with major Headings (only schedule VI part-I)

5

8

9

Analysis of Financial Statements

Meaning, Objectives, significance, limitations, tools for financial analysis Comparative Statements, Common size Statement. Accounting Ratios:- Meaning, Objectives, Types of ratios-Liquidity ratio, solvency ratio, Activity Ratios,, Profitability ratios and their calculation.

10

16

10

Statement of changes in Financial

Cash flow statement- meaning and objectives, preparation, adjustment related to depreciation, dividend, tax, sale and purchase of non current assets. Statement of changes in financial position.

10

16

 

Position

 

 

 

 

Revision

 

 

20

 

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