Work done in class

• Meaning,features,types and classes of shares.
• Minimum Subscription,Reserved capital Section 52 of Companies act was made clear to the students.
• Various numericals related with the topic was solved in the class.
• Prepare for test on Partnership.

work done in class

• Completed Cash Flow Statement.
• Numericals with adjustments regarding  Provision for Depreciation, Proposed Dividend, Provision for taxation was solved in the class.
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Work done in class

• Topic : Cash Flow Statement 
• Meaning of cash ,Cash equivalents was made clear to the students.
• Other related terms like Marketable securities, Cash Credit was also discussed.
• Operating,Investing and Financing activities was discussed and related questions were solved in the class.

This week in class and Announcement

• Completed Ratio Analysis.
• Syllabus completed for 2nd Terminal exam starting from 13 Sept 2016.
• Practical exam of Accountancy is on 7 Sept.
• Syllabus for term:
• Partnership Fundamental
• Valuation of goodwill
• Change in profit sharing ratio
• Admission of a partner
• Retirement and Death of a Partner 
• Dissolution of a Partnership firm
• Balance sheet as per Schedule
• Analysis of Financial Statement
• Comparaitive and Common Size Statement
• Ratio Analysis
• Revision will start from Monday 

This week in class

• Meaning of ratio and ratio analysis was discussed in the class.
• Liquidity ratios and Turniover ratios are explained.
• Numericals basd on above ratios are solved in the class.

This week in class

• numericals related to Balance Sheet Schedule III was solved .
• Tools of analysis of financial statements was discussed in the class.
• Meaning of Comparitive statement and Common Size Statement .
• Numericals based on comparitive statement of profit and loss and balance sheet was solved in the class.  
• Common size Balance sheet and Common size Statement of Profit and Loss related numericals was solved in  the class.

This week in class

• Covered following topics:
• Meaning of financial statement
• Meaning of analysis of financial statements, parties interested.
• Format of Co's Balance Sheet