{"id":10387,"date":"2020-02-21T16:21:49","date_gmt":"2020-02-21T16:21:49","guid":{"rendered":"https:\/\/www.inspirenignite.com\/vtu\/15cp42t-financial-accounting-iv-cp-4th-sem-syllabus-for-diploma-dte-karnataka-c15-scheme\/"},"modified":"2020-02-21T16:21:49","modified_gmt":"2020-02-21T16:21:49","slug":"15cp42t-financial-accounting-iv-cp-4th-sem-syllabus-for-diploma-dte-karnataka-c15-scheme","status":"publish","type":"post","link":"https:\/\/www.inspirenignite.com\/vtu\/15cp42t-financial-accounting-iv-cp-4th-sem-syllabus-for-diploma-dte-karnataka-c15-scheme\/","title":{"rendered":"15CP42T: Financial Accounting- IV CP 4th Sem Syllabus for Diploma DTE Karnataka C15 Scheme"},"content":{"rendered":"

Financial Accounting- IV detail DTE Kar Diploma syllabus for Commercial Practice (CP), C15 scheme is extracted from DTE Karnataka<\/a> official website and presented for diploma students. The course code (15CP42T), and for exam duration, Teaching Hr\/week, Practical Hr\/week, Total Marks, internal marks, theory marks, duration and credits do visit complete sem subjects post given below. The syllabus PDFs can be downloaded from official website.<\/p>\n

For all other cp 4th sem syllabus for diploma c15 scheme dte karnataka you can visit CP 4th Sem Syllabus for Diploma C15 Scheme DTE Karnataka Subjects<\/a>. The detail syllabus for financial accounting- iv is as follows.<\/p>\n

Pre-requisites:<\/h4>\n

Knowledge of Book Keeping and Basics of Accounting.\n<\/p>\n

Course Objectives:<\/h4>\n

The students shall be able to:<\/p>\n

    \n
  1. Understand the procedure for Issue of Sharesand prepare the Balance Sheet of the Company.<\/li>\n
  2. Prepare the Final Accounts of the Joint Stock Companies in the prescribed format.<\/li>\n
  3. Value Goodwill of the Companies under different methods.<\/li>\n
  4. Value shares of the Companies under different methods.<\/li>\n<\/ol>\n

    Course Outcomes:<\/h4>\n

    For complete syllabus and results, class timetable and more pls download iStudy Syllabus App<\/a>.<\/b> Its a light weight, easy to use, no images, no pdfs platform to make students life easier.<\/p>\n

    Unit 1 RAISING OF CORPORATE FINANCE AND ACCOUNTING PROCEDURES:
    \n<\/h4>\n

    Meaning of Share- Kinds of Shares – Problems on Issue, Allotment and Calls on Shares -Calls-in-Arrears and Calls-in-Advance -Under-subscription and Over-subscription – Pro-rata Allotment – Issue of Shares on Par, at Premium and at Discount – Forfeiture of Shares -Reissue of Forfeited Shares – Relevant Entries and preparation of the Balance Sheet.\n<\/p>\n

    Unit 2 FINAL ACCOUNTS OF JOINT STOCK COMPANIES:
    \n<\/h4>\n

    Components of Final Accounts of Joint Stock Company – Preparation of Trading and Profit and Loss Account, Profit and Loss Appropriation Account and Balance Sheet in the Prescribed Format – Problems on Preparation of Final Accounts of Joint Stock Companies with Simple Adjustments.\n<\/p>\n

    Unit 3 VALUATION OF GOODWILL:<\/p>\n

    For complete syllabus and results, class timetable and more pls download iStudy Syllabus App<\/a>.<\/b> Its a light weight, easy to use, no images, no pdfs platform to make students life easier.<\/p>\n

    Unit 4 VALUATION OF SHARES:
    \n<\/h4>\n

    Meaning of Valuation of Shares – Circumstances necessitating the Valuation of Shares -Methods of Valuation of Shares – Net Assets Method, Yield Method and Earning Capacity Method -Simple Problems on Valuation of Shares.\n<\/p>\n

    Resources:<\/h4>\n

    BOOKS FOR REFERECE:<\/p>\n

      \n
    1. Corporate Accounting by Dr.P.C.Tulsian -S.Chand& Company<\/li>\n
    2. Advanced Accounts Vol – II by M.C.Shukla -S Chand & Company<\/li>\n
    3. Accountancy Vol II by B.S. Raman<\/li>\n
    4. Accountancy Vol II by Kadkol<\/li>\n
    5. Advanced Accountancy ByS.K.R.Paul<\/li>\n
    6. Dailies and Magazines \/ Journals of Business, Finance and Management.<\/li>\n<\/ol>\n

      E – BOOK FOR REFERENCE:<\/h4>\n

      For complete syllabus and results, class timetable and more pls download iStudy Syllabus App<\/a>.<\/b> Its a light weight, easy to use, no images, no pdfs platform to make students life easier.<\/p>\n

      SUGGESTED STUDENT ACTIVITIES:<\/h4>\n
        \n
      1. Collection and analysis of Advertisements \/ Prospectus in news papers relating to issue of shares by Joint Stock Companies.<\/li>\n
      2. Listing of stages in the issue of shares of a Joint Stock Company.<\/li>\n
      3. Analyse and Listing of reasons for Forfeiture of Shares.<\/li>\n
      4. Drafting of Balance Sheet of Company.<\/li>\n
      5. Collection and Analysis of Financial Statements of Companies published in News papers.<\/li>\n
      6. Analyse and listing of reasons for valuation of Goodwill.<\/li>\n
      7. Listing of different methods of valuation of Goodwill.<\/li>\n
      8. Analyse and listing of reasons for valuation of shares.<\/li>\n
      9. Listing of different methods of valuation of shares.<\/li>\n<\/ol>\n

        Model Question Paper:<\/h4>\n

        PART – A<\/b><\/p>\n

        (Answer any SIX Questions. 6 x 5 = 30<\/p>\n

          \n
        1. State different methods of issue of shares. Explain with examples.\t5<\/li>\n
        2. The directors of Sun Company resolved that 1000 Equity Shares of Rs.10\/- each are to be forfeited for non-payment of Final Call Money of Rs.3 per share. All the forfeited shares are reissued at Rs.8\/- per share as fully paid-up.<\/li>\n

          Give Journal Entries for forfeiture & re-issue of shares.5<\/p>\n

        3. Give the meaning of company Final Accounts. Why they are prepared?\t5<\/li>\n
        4. Give the specimen of Profit and Loss Appropriation Account of a Company. 5<\/li>\n
        5. Where do you show the following items in the Company’s Balance Sheet? 5<\/li>\n
            \n
          1. Calls-in-Arrears.<\/li>\n
          2. Forfeited shares amount.<\/li>\n
          3. Calls-in-Advance.<\/li>\n
          4. Preliminary expenses.<\/li>\n
          5. Discount on issue of shares and debentures.<\/li>\n<\/ol>\n
          6. The profits of a firm for the last five years are Rs.50,000, 60000, 55,000, 40,000 and 45,000. It is decided to take the value of Goodwill at 3 Years’ Purchase of the Average Profit of the last five years. Find out the value of Goodwill.\t5<\/li>\n
          7. What do you mean by Face Value and Market Value of Shares? Explain.\t5<\/li>\n
          8. Explain any two methods of valuation of shares.\t5<\/li>\n
          9. ‘X’ Ltd declares dividend at 20% on its Rs.50 fully paid-up share. If normal expected rate in the market is 10%, what shall be the value of a share on yield basis?\t5<\/li>\n<\/ol>\n

            PART -B<\/b><\/p>\n

            (Answer any FOUR Questions. 4 x 10 = 40<\/p>\n

              \n
            1. Define a Joint Stock Company. State different types of companies. 10<\/li>\n
            2. What is a Share? Briefly explain different kinds of shares. 10<\/li>\n
            3. A Company has share capital of Rs.10,00,000 divided into 10,000 shares of Rs.100 each.<\/li>\n

              It has issued all the shares to the public and the money payable is as follows:<\/p>\n

                \n
              1. On Application Rs.20 per share<\/li>\n
              2. On Allotment Rs.20 per share<\/li>\n
              3. On First Call Rs.30 per share<\/li>\n
              4. On Second and Final Call Rs.30 per share<\/li>\n

                All the shares were subscribed by the public and the moneys due were received.
                \nPass Journal entries to record the above transactions in the books of the company. 10\n<\/ol>\n

              5. What is Share Capital? Briefly explain different types of Share Capital.\t10<\/li>\n
              6. Aruna Mills Ltd., proposed to purchase the business of a Company. The Goodwill for this purpose was agreed to be valued at 3 Years’ Purchase of the Weighted Average Profitof the past 4 years. The weights to be used are 1,2,3& 4 respectively.<\/li>\n

                The profits for the past 4 years were: Rs.30,300, Rs.31,200, Rs.36,000 and Rs.45,000. On verification of the accounts, the following matters are found:<\/p>\n

                  \n
                1. The 2nd year profit was calculated considering a major repair charge of Rs.9,000 on a Machine<\/li>\n
                2. The 3rd year profit included a non-recurring income of Rs.3,000.<\/li>\n

                  Compute the value of Goodwill.\t10\n<\/ol>\n

                3. From the following data, find out the Value of each Share:<\/li>\n

                  Balance Sheet of X Company Ltd.
                  \n[Liabilities\tRs.\tAssets\tRs.]<\/p>\n

                    \n
                  1. 20,000 Equity Shares of Rs.20 each 4,00,000 Goodwill 3,80,000<\/li>\n
                  2. Investments\t6,00,000<\/li>\n
                  3. Reserve\t5,00,000\tCurrent Assets\t1,00,000<\/li>\n
                  4. Profit and Loss A\/c\t60,000\tLoans and Advances\t60,000<\/li>\n
                  5. Unsecured Loans\t1,60,000\tMiscellaneous Expenditure\t20,000<\/li>\n
                  6. Current Liabilities\t40,000<\/li>\n

                    For the purpose of Valuation of Shares, the Goodwill shall be taken at 2 Years’ purchase of the Average Profit of the last 5 years.
                    \nThe profits for the last 5 years are: Rs.1,20,000. Rs.1,40,000, Rs.80,000, Rs.1,00,000 and Rs.1,00,000. 10\n<\/ol>\n<\/ol>\n

                    PART – C<\/b><\/p>\n

                    (Answer any TWO Questions. 2 x 15 = 30<\/p>\n

                      \n
                    1. The Mysore Trading company Ltd. Issued 10,000 equity shares of Rs. 10 each at a premium of Rs. 2 per share. The amount was payable as follows.<\/li>\n

                      Rs. 2 on Application Rs. 5 on Allotment (including premium),
                      \nRs. 3 on first call and Rs. 2 on final call.
                      \nAll the shares were subscribed and the money duly received except the final call on 1000 shares.
                      \nThe directors forfeited these shares. These shares were re-issued at Rs.7 per share as fully paid.
                      \nPass the journal entries for the above transactions.<\/p>\n

                    2. Krishna Company Limited gives the following Trial Balance for the year ending 31-3-2008 & other information.<\/li>\n

                      [Particulars\tDebit ( Rs. Credit (Rs)]<\/p>\n

                        \n
                      1. Equity Shares – 59,000<\/li>\n
                      2. Purchases & Sales\t72,000\t98,000<\/li>\n
                      3. Stock on 1-4-2007\t6,000<\/li>\n
                      4. Salaries\t12,000<\/li>\n
                      5. Rent\t6,000<\/li>\n
                      6. Discounts\t2,200\t4,400<\/li>\n
                      7. Miscellaneous Expenses\t500<\/li>\n
                      8. Dividend\t4,900<\/li>\n
                      9. Debtors & Creditors\t33,000\t7,000<\/li>\n
                      10. Machinery\t25,000<\/li>\n
                      11. Cash & Bank Balances\t25,500<\/li>\n
                      12. Share Premium\t\t2,500<\/li>\n
                      13. Debentures\t\t10,000<\/li>\n
                      14. Interest\t3,900<\/li>\n
                      15. Forfeited Shares\t\t800<\/li>\n
                      16. Directors’ Fees\t3,000<\/li>\n
                      17. Audit Fees\t2,000<\/li>\n
                      18. Unclaimed Dividend\t\t1,000<\/li>\n
                      19. P&L Appropriation A\/c Balance on 1-4-2007\t\t13,300<\/li>\n

                        Adjustments:<\/p>\n

                      20. Closing Stock was valued at Rs.12,000.<\/li>\n
                      21. Depreciate Machinery by 10%<\/li>\n
                      22. Transfer Rs.1,000 to Debenture Redemption Fund.<\/li>\n
                      23. Transfer Rs.10,000 to General Reserve.<\/li>\n
                      24. Commission earned but not received Rs.10,000.<\/li>\n

                        Prepare the Final Accounts of the Company in the prescribed form.\n<\/ol>\n

                      25. Following is the information taken from the books of a concern:<\/li>\n
                          \n
                        1. Profits for the last 4 years: Rs.30,000, 40,000, 50,000 and 60,000.<\/li>\n
                        2. Capital employed Rs.3,00,000.<\/li>\n
                        3. Normal Rate of Profit 10%.<\/li>\n
                        4. Present value of annuity of Re.1 for 4 years at 10% is 2.5.<\/li>\n

                          From the above information, compute the value of Goodwill by:<\/p>\n

                        5. Annuity Method.<\/li>\n
                        6. 4 years’ purchase of Super Profit Method.<\/li>\n
                        7. Capitalization of Super Profit Method.<\/li>\n<\/ol>\n<\/ol>\n

                          For detail syllabus of all other subjects of BE Cp, C15 scheme do visit Cp 4th Sem syllabus for C15 scheme<\/a>.<\/p>\n

                          Dont forget to download iStudy Syllabus App<\/a> for latest syllabus and results, class timetable and more.<\/p>\n","protected":false},"excerpt":{"rendered":"

                          Financial Accounting- IV detail DTE Kar Diploma syllabus for Commercial Practice (CP), C15 scheme is extracted from DTE Karnataka official website and presented for diploma students. The course code (15CP42T), […]<\/p>\n","protected":false},"author":2298,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[5,61],"tags":[],"class_list":["post-10387","post","type-post","status-publish","format-standard","hentry","category-4th-sem","category-commercial-practice-diploma"],"_links":{"self":[{"href":"https:\/\/www.inspirenignite.com\/vtu\/wp-json\/wp\/v2\/posts\/10387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inspirenignite.com\/vtu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inspirenignite.com\/vtu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inspirenignite.com\/vtu\/wp-json\/wp\/v2\/users\/2298"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inspirenignite.com\/vtu\/wp-json\/wp\/v2\/comments?post=10387"}],"version-history":[{"count":0,"href":"https:\/\/www.inspirenignite.com\/vtu\/wp-json\/wp\/v2\/posts\/10387\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.inspirenignite.com\/vtu\/wp-json\/wp\/v2\/media?parent=10387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inspirenignite.com\/vtu\/wp-json\/wp\/v2\/categories?post=10387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inspirenignite.com\/vtu\/wp-json\/wp\/v2\/tags?post=10387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}