Partnership Accounts detailed Syllabus for Commercial & Computer Practice (DCCP), C18 curriculum has been taken from the TSSBTET official website and presented for the diploma students. For Course Code, Course Name, Lectures, Tutorial, Practical/Drawing, Internal Marks, Max Marks, Total Marks, Min Marks and other information, do visit full semester subjects post given below.
For all other Diploma in Commercial & Computer Practice (DCCP) Syllabus for 4th Sem C18 Curriculum TSSBTET, do visit Diploma in Commercial & Computer Practice (DCCP) Syllabus for 4th Sem C18 Curriculum TSSBTET Subjects. The detailed Syllabus for partnership accounts is as follows.
Prerequisites:
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Course Outcomes:
- CO1 Meaning, need and calculation of Average Due Date.
- CO2 Meaning, need and calculation of Account Current.
- CO3 Profit sharing – Distribution of profits considering Interest on Capital/Drawings/Loan – P& L Appropriation a/c – Goodwill – Meaning and methods of Goodwill, Goodwill valuation.
- CO4 New profit sharing ratio, Goodwill treatment methods, preparation of P & L Adjustment a/c (or) Revaluation a/c, Capital a/c and new Balance Sheet when partner is admitted.
- CO5 Preparation of P & L Adjustment a/c (or) Revaluation a/c, capital a/cs and new Balance Sheet when a partner retires. Causes of Dissolution – Difference between P & L Adjustment a/c and Realisation a/c.
- CO6 Meaning and features – Different methods of maintaining Joint Venture accounts.
Unit-I : Average Due Date: Duration: 08 Hr
Meaning, need and calculation of Average Due Date
Unit-II : Account Current: Duration:10 Hr
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Unit-III : Partnership Accounts Duration:08 Hr
Methods of profit sharing and Goodwill treatment – Accounting procedure for distribution of profits considering Interest on Capital/Drawings/Loan – Difference between P & L a/c and P & L Appropriation a/c – Goodwill – Meaning and methods of Goodwill calculation, factors influencing Goodwill, Goodwill valuation.
Unit-IV : Partnership Accounts – Admission of a Partner Duration:10 Hr
New profit sharing ratio, Goodwill treatment methods, preparation of P & L Adjustment a/c (or) Revaluation account, capital accounts and new Balance Sheet.
Unit-V: Partners Retirement, Dissolution of Partnership firm: Duration:14 Hr
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Unit-VI: Joint Venture: Duration:10 Hr
Meaning and features – Distinguish between Joint Venture and Partnership – Different methods of maintaining Joint Venture accounts.
Recommended Books:
- Grewal T S Introduction to Accountancy
- Maheswari S.N. Introduction to Accountancy
- Gupta and Gupta Principles and Practice of Accountancy
- Jain and Narang Advanced Accounts
- Shukla and Grewal Advanced Accounts
- Gupta and RadhaSwamy Advanced Accounts
- Telugu Academy publications for Intermediate course.
- Basu & Das – Advanced Accountancy Vol-I and Vol-II
- Basu & Das – Problems in Advanced Accountancy Vol-I and Vol-II
Suggested Student Activities
For the complete Syllabus, results, class timetable, and many other features kindly download the iStudy App
It is a lightweight, easy to use, no images, and no pdfs platform to make students’s lives easier..
For detail Syllabus of all other subjects of Commercial & Computer Practice, C18 curriculum do visit Diploma In Commercial & Computer Practice 4th Sem Syllabus for C18 curriculum.
For all Commercial & Computer Practice results, visit TSSBTET DCCP all semester results direct links.