IMPORTANT AREAS IN ACCOUNTANCY PAPER PE2 MAY 2010
1. Single entry - 16 marks
2. (a) cash flow statement (8 marks)
(b) Partnership (8 marks)
(Admission cum retirement, sale to company, Gr Vs murray problem)
3. (a) Insolvency of non- corporate entity (8 marks)
(b) SEE NOTE (8 marks)
4. (a) Banking (8 marks)
(b) Electricity companies (8 marks)
5. (a) Amalgamation/absorption (8 marks)
(b) Hire purchase (8 marks)
6. Accounting standards (20 marks)
(Please read agriculture and Govt. theory too)
This is my guess paper please read all the lessons/chapters
Thanks
All the best
Note : Other important areas;
· Liquidation of a company (List B creditors or liquidators financial statement )
· Problem on sec 165
· Debentures
· Investments A/c
ALL THE BEST FOR THE EXAMS :)