16 May 2009
I have my june attempt and am almost done with my Accounts course ,, But am left with Balance Sheet of Electricity / Insurance , Issue of shares , Fial Accounts . How should I go over them according to the level of importance .
16 May 2009
start with final accounts , read the schedule and start solving past year question. yiu will commit several mistake but keep on solving when ever you commites any mistake write it down on a another piece of paper. at last you will win over it. issue of equity/ pref shares is not in PCC ( but issue of bonus shares is) check it. then start with electricity company.... 1. understand & do sum on relacement of assets nad on allocation of serplus ( important for 5 to 8 marks). 2. then pick insurance company and do valuation balance sheet. 3. Now if still time left in ur hand.go for revene a/c of life and general insurance and then balancesheet. 4. Balancesheet of electricity company is endless, i advice you to read it just a two day before exam, before it is so big that you can not memorise it . Just get a idea of it.
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