Accounting Worksheets -A complete handout for students and teachers

Total Page 42
Contents
Accounting for Debentures ......... 3
Issue of Debentures ............. 5
Issue and redemption of debentures ......... 7
Redemption of Debentures Accounting Procedures ........10
Accounting for non-profit Organizations ........13
Balance Sheet of nonProfit Organizations .......... 16
Financial Statements ..........18
Financial Statements –P&L Accounts........ 20
P&L A/c and Balance Sheet ..........23
Non-profit organizations – More Examples ...... 28
Income and Expenditure Account ........ 31
Single Etry System ........ 35
Ascertainment of Opening Capital ....... 36
Ascertainment of Credit Purchases ........... 36
Ascertainment of Payment to Creditors ....... 36
Ascertainment of Credit Sales ...... . 37
Statement of Affairs ............ 39
Incomplete Record system ........ 39
Double entry system .................. 39
Balance Sheet .......... 39
Single Entry System.....40
Single Entry System More Examples.... 41