any one please say me the way to do second group accounts.... i not understanding how to get through.... please suggest me how to score good marks in second group accounts... please help me...
4 Replies
sudheer paidi
(Articleship)
(160 Points)
Replied 29 March 2012
In second group accounts you can easily pass first study the topics which have more weightage like amalgamation
If you are worrying about FORMAT accounts the read only the questions of the model asked in previous years they will not ask oher than those model questions
Give priority in this order
1.amalgamation/internal reconstruction 16-20m
2.liquidation of companies 8m
3. amalg/conv of p.firm 16-20M
4.accounting standards 15-25M
revise these topics number of times and if you have time move on to FORMAT accounts
Anil keshavalal
(Learning)
(21 Points)
Replied 29 March 2012
Hi to One and all
Please help me on this topic
A partnership Firm formed with 5 partner with diffrent share 51% 10% 20% 9% 10%
they brought immovable property according to their share ( sec 45 (3) does here applys & is it capital Gain arises?) and one of the partner with 9% want forgone his 6% and he want to retain only 3% ( does here also capital gain arises) the remaining share is taken by another partner with 10%(10+6)
thanking you
sowmya
(CA-IPCC)
(55 Points)
Replied 30 March 2012
thank you so much sudheer.... really iam feeling uncomfortable with FORMAT accounts.... now iam feeling free... thanks alot once again
*RENU SINGH *
(✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ )
(21627 Points)
Replied 30 March 2012
U can do branch....wo shayad second grp me hi h....
in electronics chapter do 1 simple format till d capitalisation....it will b around 8 marks
reconstruction /amalgamation wil b obviously cover 16marks
and the formatting chapters .....refer scanner ...U will learn that question comes of same type almost.
One or two question are out of track alone.
So in Adv accounting It;'s a must.
I fully agree with Sudhir's point of view. He is really right.
best of luck
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