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Advance Accounting | Class 14
Pakistan (E-CAT, M-CAT etc...)
Class 14
Advance Accounting (
Total Videos: 232
)
Preference
All Chapters
Chapter 1: Joint Stock Company
Chapter 2: Issuance of Bonus and Right Shares
Chapter 3: Debentures, Bonds and TFCs
Chapter 4: Company Final Accounts
Chapter 5: Analysis of Accounting Ratios
Chapter 6: Departmental Accounting
Chapter 7: Branch Accounting
Chapter 8: Consignment Accounts
Chapter 9: Contract Accounts
Chapter 10: Hire Purchase and Installment Purchase
Chapter 11: Joint Venture Accounts
Chapter 12: Valuation of Goodwill
Chapter 13: Amalgamations and Reconstructuring
Chapter 14: Liquidation of Companies
Show Content
Select a chapter above and press 'Show Content'. Click a video topic below to view.
Chapter 1 Joint Stock Company (
21 videos
)
  (
Practice Test
)
1.1: Introduction to Company Accounts (
Practice Test
)
Company and its kinds on the basis of Article of Association
475 views
Kinds of Companies on the basis of Legal Form
161 views
Kinds of Companies on the basis of Composition
251 views
Characteristics of Joint Stock Company
510 views
More on Characteristics of Joint Stock Company
67 views
1.2: Important Legal Documents
Memorandum, Articles of Association and Prospectus
113 views
1.3: Classes of Share Capital (
Practice Test
)
Share Capital of a Company
114 views
Categories of Share Capital
94 views
More on Categories of Share Capital
51 views
1.4: Issuance of Shares (
Practice Test
)
Issuance of Shares
117 views
Accounting for Issuance of Shares
88 views
Accounting for Issue of Shares in case of Over-Subscription
86 views
Accounting for Issue of Shares in case of Under-Subscription
172 views
Subsequent Issue of Shares
62 views
Issue of Shares at Premium
64 views
Problem: Issue of Shares at Premium
82 views
More on Problem: Issue of Shares at Premium
43 views
Problem: Issue of Shares at Discount
98 views
More on Problem: Issue of Shares at Discount
71 views
Consideration for Issue of Shares
67 views
Consideration for Issue of Shares - Running Business
34 views
Chapter 2 Issuance of Bonus and Right Shares (
15 videos
)
  (
Practice Test
)
2.1: Bonus Shares (
Practice Test
)
Issuance of Bonus Shares
89 views
Maximum amount available for Capitalization (Bonus Issue)
121 views
Illustration 1: Maximum amount available for Capitalization
336 views
Advantages and Disadvantages of Bonus Shares
155 views
2.2: Accounting Treatment of Bonus Issue (
Practice Test
)
Problem: Journal Entries for Issuance of Bonus Shares
13 views
Problem: Balance Sheet after Issuance of Bonus Shares
8 views
Problem: Issuance of shares for consideration & issuance of bonus shares
6 views
More on Problem: Issuance of shares for consideration & issuance of bonus shares
6 views
2.3: Right Issue (
Practice Test
)
Right Shares
12 views
Theoretial Ex-Right Price and Value of a Right Share
51 views
2.4: Accounting Treatment of Right Issue (
Practice Test
)
Journal Entries for Issuance of Right Shares
30 views
Right & Bonus Share Issuance effects in Balance Sheet
6 views
More on Right & Bonus Share Issuance effects in Balance Sheet
8 views
Problem: Right share's Effect on Net wealth of a shareholder
4 views
More on Problem: Right share's Effect on Net wealth of a shareholder
6 views
Chapter 3 Debentures, Bonds and TFCs (
28 videos
)
  (
Practice Test
)
3.1: Introduction of Debentures, Bonds and TFCs (
Practice Test
)
Accounting for Debenture
85 views
Bond and Types of Bond
24 views
3.2: Issuance of Debentures (
Practice Test
)
Kinds of Debentures
79 views
Difference between Debenture holder and Shareholder
1290 views
Preference of Debenture Issue over Share Issue
80 views
Problem 1: Debentures issued for Cash
61 views
More on Problem 1: Debentures issued for Cash
52 views
Problem 2: Debentures issued in Consideration other than Cash
55 views
More on Problem 2: Debentures issued in Consideration other than Cash
61 views
Issue of Debentures as Collateral Security
80 views
3.3: Issuance and Redemption of Debentures (
Practice Test
)
Redemption of Debentures
56 views
Different Cases of Issuance and Redemption of Debentures
68 views
Issuance of Debentures at Premium, Redeemable at Par
209 views
Issuance of Debentures at Par, Redeemable at Premium
506 views
Issuance of Debentures at Discount and Redeemable at Premium
266 views
More on Issuance of Debentures at Discount and Redeemable at Premium
479 views
3.4: Redemption of Debentures (
Practice Test
)
Time and Sources of Redemption of Debenture
4 views
Problem: Redemption of Debenture Out of profit & capital
23 views
More on Problem: Redemption of Debenture Out of profit & capital
8 views
Methods of Redemption of Debentures
5 views
Sinking Fund and Non-Cumulated Sinking Fund
8 views
Debenture Sinking Fund Account
6 views
Accounting Entries: Redemption of Debentures by Sinking Fund
9 views
Redemption of Debentures-Insurance Policy Account
23 views
Problem 5: Redemption of Debentures by Conversion
4 views
Redemption of Debentures by Purchase in the open market
6 views
3.5: Interest on Debentures (
Practice Test
)
Purchase of Own Debentures
6 views
Cum-Interest and Ex-Interest Quotations
115 views
Chapter 4 Company Final Accounts (
19 videos
)
  (
Practice Test
)
4.1: Final Accounts-Different kind of Business Concerns (
Practice Test
)
Trading, Manufacturing and Service concerns
506 views
Matching Revenue and Expenses
147 views
4.2: Final Accounts-Basic Level (
Practice Test
)
Trading Account-Basic Level
121 views
Different Items of Trading Account-Debit side
363 views
More on Different Items of Trading Account-Debit side
93 views
Different Items of Trading Account-Credit side
154 views
Valuation of Closing Stock
More on Valuation of Closing Stock
Problem 1: Trading Account
140 views
Trading, Profit and Loss Account
4381 views
Different Items of Profit and Loss Account-Debit side
199 views
More on Different Items of Profit and Loss Account-Debit side
66 views
Different Items of Profit and Loss Account-Credit side
142 views
Asset
86 views
Types of Assets
3497 views
Liabilities
61 views
Types of Liabilities
6650 views
Equity
51 views
Problem 5: Statement of Financial Position / Balance Sheet
174 views
Chapter 5 Analysis of Accounting Ratios (
32 videos
)
  (
Practice Test
)
5.1: Introduction to Ratio analysis
Introduction to Ratios
112 views
5.2: Categorization of Ratios and Its Interpretation (
Practice Test
)
Basic Accounting Ratios
13 views
Basic Accounting Ratios-II
17 views
Basic Accounting Ratios-III
72 views
Liquidity Ratios
5 views
Cash and Defense Interval Ratios
10 views
Additional Liquidity Ratios
4 views
Additional Liquidity Ratios
2 views
Leverage Ratios
3 views
Leverage Ratios
4 views
Proprietary Ratio
5 views
Activity Ratios
3 views
Activity Ratios-II
5 views
Turnover Ratios
7 views
Turnover Ratios-II
3 views
Profitability Ratios
4 views
Profitability Ratios-II
2 views
Profitability Ratios-III
1 views
Return on Investment - Alternative Way
4 views
Bankruptcy - Altman's Model
3 views
Market / Investor Ratio
7 views
More on Market / Investor Ratio
3 views
Growth Ratios
6 views
5.3: Numericals (
Practice Test
)
Problem 1: Long and Short Term Solvency
8 views
Problem 2: Preparation of Balance Sheet using Ratios
7 views
Problem 2: Preparation of Balance Sheet using Ratios
5 views
Problem 3: Liquidity Ratios
5 views
Problem 4: Receivable Ratios
5 views
Problem 5: Calculation of Different Ratios through Trading, Profit and Loss A/C
5 views
Problem 5: Calculation of Different Ratios through Trading, Profit and Loss A/C
5 views
5.4: Horizontal and Vertical Analysis (
Practice Test
)
Horizontal and Vertical Analysis of Financial Statement
11 views
Vertical Analysis of Financial Statement
10 views
Chapter 6 Departmental Accounting (
17 videos
)
  (
Practice Test
)
6.1: Departmental Accounts (
Practice Test
)
Introduction to Departmental Accounting
3 views
Basis of Allocation of Departmental Expenses
3 views
More on Basis of Allocation of Departmental Expenses
2 views
Numerical 1: Departmental Trading, Profit and Loss Account
11 views
More on Numerical 1: Departmental Trading, Profit and Loss Account
8 views
More on Numerical 1: Departmental Trading, Profit and Loss Account
5 views
Departmental Statement of Financial Position
9 views
More on Departmental Statement of Financial Position
12 views
Numerical 3: Departmental Trading, Profit and Loss Account (3 Departments)
9 views
More on Numerical 3: Departmental Trading, Profit and Loss Account (3 Departments)
3 views
More on Numerical 3: Departmental Trading, Profit and Loss Account (3 Departments)
4 views
6.2: Inter-Departmental Transfer (
Practice Test
)
Unrealised Profit
22 views
Cost & Market based Transfer Price
17 views
Departmental Accounts ( Practice of Internal Transfer Price and Unrealised Gain)
10 views
Departmental Accounts ( Practice of Internal Transfer Price and Unrealised Gain)
25 views
Departmental Accounts ( Practice of Internal Transfer Price and Unrealised Gain)
24 views
Departmental Accounts ( Practice of Internal Transfer Price and Unrealised Gain)
55 views
Chapter 7 Branch Accounting (
17 videos
)
  (
Practice Test
)
7.1: Branch Accounting (
Practice Test
)
Branch Accounts
20 views
Difference between Departmental & Branch Accounting
464 views
Need for Branch Accounting
11 views
Accounting arrangements of Branches
5 views
Branch Account
7 views
Branch Debtor System
9 views
Treatment of some Typical Items of Branch
9 views
Problem 1: Branch Account
1 views
Problem 2: Trading, Profit & Loss Account of the Branch
More on Problem 2: Trading, Profit & Loss Account of the Branch
16 views
Some special treatments in case of Independent Branch
5 views
Wholesale and Retail Profit at Branch
80 views
7.2: Foreign Branches (
Practice Test
)
Introduction to Foreign Branches
11 views
Rules for Conversion of Foreign Branch Trial Balance
33 views
Accounting Treatment of Foreign Exchange Reserves
10 views
Conversion of Foreign Exchange Trial Balance into Home Currency
22 views
More on Conversion of Foreign Exchange Trial Balance into Home Currency
3 views
Chapter 8 Consignment Accounts (
17 videos
)
  (
Practice Test
)
8.1: Introduction of Consignment Accounts (
Practice Test
)
Consignment Accounts
214 views
Important Terms used in Consignment Accounts
146 views
More on Important Terms used in Consignment Accounts
91 views
8.2: Accounting Treatments (
Practice Test
)
Journal Entries in the Books of Consignor
367 views
More on Journal Entries in the Books of Consignor
109 views
Ledger Accounts in the Books of Consignor
148 views
Journal Entries in the Books of Consignee
233 views
Ledger Accounts in the Books of Consignee
256 views
8.3: Adjustments (
Practice Test
)
Valuation of unsold Consignment Stock
529 views
Example: Valuation of unsold Consignment Stock
195 views
Loss of Stock or Goods
40 views
Abnormal Loss in Consignment
205 views
Invoicing Goods Heigher than Cost
40 views
8.4: Problems (
Practice Test
)
Problem 1: Consignment Account (Normal Loss)
246 views
More on Problem 1: Consignment Account (Normal Loss)
91 views
Problem 2: Consignment Account (Abnormal Loss)
266 views
More on Problem 2: Consignment Account (Normal Loss)
42 views
Chapter 9 Contract Accounts (
7 videos
)
  (
Practice Test
)
9.1: Introduction of Contract Accounts (
Practice Test
)
Introduction to Contract Account
35 views
Problem 1: Contract Account
32 views
Rules to record Profit on Incomplete Contracts
48 views
Rules to record Profit on Incomplete Contracts
48 views
Problem 2: Profit on Incomplete Contracts
41 views
More on Problem 2: Profit on Incomplete Contracts
4 views
Problem 3: Contract account and Balance sheet
24 views
Chapter 10 Hire Purchase and Installment Purchase (
25 videos
)
10.1: Introduction to Hire Purchase
Introduction and Important Terms
10.2: Accounting Treatment of Hire Purchase
Calculation of Interest Using Brake up Table
Calculation of Interest If Rate of Interest is not given
Calculation of Cash Price By Preparing Table
Calculation of Cash Price Using Annuity Formula
Calculation of Amount of Installment and Hire Purchase price
More On Calculation of Amount of Installment and Hire Purchase price
Accounting Treatment In The Books of Hire Purchaser
Ledgers and Balance Sheet Using Cash Price Actually Paid Method
Ledgers Accounts In The Books of Hire Vendor
10.3: Repossession
Accounting For Complete Repossession
10.4: Partial Repossession
Accounting for Partial Repossession
10.5: Hire Purchase agreements for goods of small value
Hire Purchase agreements for sale of small value goods
Hire Purchase trading Account
Stock and debtors method
10.6: Installment Purchase System
Installment Purchase System
Accounting For Installment Purchase System
Accounting For Installment Purchase System
10.7: Accounting for Lease
Problem 19: Journal Entries in the Books of Lessor
Problem 21: Journal Entries in the Books of Lessee
Chapter 11 Joint Venture Accounts (
5 videos
)
  (
Practice Test
)
11.1: Introduction to Joint Venture
Introduction to Joint Venture
11.2: Maintenance of Accounts (
Practice Test
)
Records kept at the Place of Business
Records in the Books of all Ventures
Memorandum Method
Records in a Separate set of Books
Chapter 12 Valuation of Goodwill (
13 videos
)
  (
Practice Test
)
12.1: Introduction to Goodwill
Introduction to Goodwill
12.2: Types of Goodwill
Purchased Goodwill And Non-Purchased Goodwill
12.3: Valuation of Non-Purchased Goodwill (
Practice Test
)
Goodwill Calculation Using Average Profit Method
Problem 1: Average Profit Method
Calculation of Goodwill Using Super Profit Method
Capitalization of Average Profit Method
Capitalization of Super Profit Method
Annuity Method For Calculating Goodwill
12.4: Introduction of Shares
Share Capital of a Company
114 views
12.5: Methods of Valuation of shares (
Practice Test
)
Assets Valuation Method
Problem 1: Assets Valuation Method
Yield Valuation Method
Problem 2: Yield Valuation Method
Chapter 13 Amalgamations and Reconstructuring (
12 videos
)
13.1: Introduction to Amalgamation
Amalgamation, Absorption and Reconstruction
13.2: Payment Methods
Purchase Consideration
Problem 1: Purchase Consideration Using Net worth basis
Problem 2: Purcahse Consideration Using Net payment Method
13.3: Accounting Treatment of Amalgamation
Accounting In the Books of amalgamating Company
Accounting In The Books of amalgamated Company
Cross Holding In Amalgamation
13.4: Absorption and External Reconstruction
Problem 8: Calculation of Purchase consideration and Value of Assets
Accounting For Absorption
Accounting For External Reconstruction
Chapter 14 Liquidation of Companies (
4 videos
)
14.1: Introduction
Introduction To Liquidation Of Companies
14.2: Accounting Treatment
Statement of Affairs as regard to Creditors and Contributories
14.3: Liquidator's Final Statement of Account
Liquidator Statement Of Account When Remuneration is Fixed
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