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ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON


"Copyright © 2016 Pearson India Education Services Pvt. Ltd".
ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON
• INTRODUCTION
• MEASUREMENT OF BUSINESS INCOME AND FINANCIAL
POSITION

• CASE

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• ILLUSTRATION 1

ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON


• TRIAL BALANCE TO BALANCE SHEET AND PROFIT AND
LOSS ACCOUNT

— Analysis of Trial Balance

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• SOLUTION TO ILLUSTRATION 1.1

ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON


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 Going concern concept and capital and
revenue expenditure/receipts
— Need for Adjustments
 The matching principle

ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON


• SOLUTION TO ILLUSTRATION 1.2

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ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON
— Inventory Valuation

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ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON
— Construction of Balance Sheet and Profit and Loss
Account
 Gross profit
— General Instructions and Observations for Preparing
the Two Financial Statements

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ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON
"Copyright © 2016 Pearson India Education Services Pvt. Ltd".
ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON
— General Instructions and Observations for
Preparing the Two Financial Statements

• SOLUTION TO ILLUSTRATION 1.4

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ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON
"Copyright © 2016 Pearson India Education Services Pvt. Ltd".
ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON
— Brief Analysis of the Financial Statements of Bharat Scientific
Products Enterprise
• SOLUTION TO ILLUSTRATION 1.5

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 Partnership firms

ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON


• ILLUSTRATION 2

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ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON
"Copyright © 2016 Pearson India Education Services Pvt. Ltd".
ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON
• SOLUTION TO ILLUSTRATION 2.1

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ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON
"Copyright © 2016 Pearson India Education Services Pvt. Ltd".
ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON
• SOLUTION TO ILLUSTRATION 2.2

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• RECAP OF FUNDAMENTAL ACCOUNTING CONCEPTS

ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON


• RECAP OF ADJUSTMENTS

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• CONCLUDING REMARKS

ALWAYS LEARNING Financial Accounting for Management, 5e Ambrish Gupta PEARSON

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