XII ACCOUNTANCY
OCA CLASS
13 modules
English
Access for 365 days
Master the art of accountancy and pave your way to a flourishing career
Overview
In this course of XII Accountancy, students will learn the body of knowledge of Accountancy of class XII curriculum as per the CBSE from time to time.
Students will learn the following as per the curriculum:
Fundamentals of Partnership
Nature and Valuation of Goodwill
Change in profit sharing ratio among the existing partners
Admission of a partner
Retirement of a partner
Death of a partner
Dissolution of a partnership firm
Financial statements of a company
Financial statement analysis
Comparative and common-size statements
Accounting ratios
Cash flow statement
Issue of share capital
Issue of Debentures
Key Highlights
Comprehensive study of accounting principles
In-depth coverage of financial statements
Focus on practical application of accounting concepts
What you will learn
Understanding Accounting Principles
Learn the fundamental principles and concepts of accounting that form the basis of financial reporting.
Financial Statement Analysis
Develop the skills to interpret and analyze financial statements to make informed business decisions.
Financial Planning and Budgeting
Gain expertise in creating financial plans and budgets to effectively manage resources and achieve organizational goals.
Cost Accounting
Explore the concepts of cost accounting, including costing methods, cost control, and cost analysis.
Practical Application of Accounting Software
Learn to use popular accounting software applications to streamline financial processes and facilitate efficient record-keeping.
Modules
Fundamentals of Partnership
20 attachments • 13 hrs
Partnership Fundamentals (PF)-Class 1-Introduction
PF-Class 2-Journal entries
PF-Class 3-Preparing Profit and loss appropriation & partners capital accounts
PF-Class 4-Methods of Partners capital accounts & remuneration to partners
PF-Class 5-Interest on partners capital & Interest on drawings
PF-Class 6-Interest on drawings
Partnership Fundamentals - Class 7 Numerical-20230802
Partnership Fundamentals - Class 8 Numerical-20230802
Partnership Fundamentals - Class 9 Numerical-20230804
Partnership Fundamentals - Class 10 Numerical-20230808
Partnership Fundamentals - Class 11 Numerical-20230809
Partnership Fundamentals - Class 12 Numerical-20230812
Partnership Fundamentals - Class 13-Numerical-20230812
Partnership Fundamentals - Class 14-Numerical-20230814
Partnership Fundamentals - Class 15-Numerical-20230814
Partnership Fundamentals - Class 16-Numerical-20230816
Partnership Fundamentals - Class 17-Numerical-20230818
Partnership Fundamentals - Class 18-Numerical-20230819
Partnership Fundamentals - Class 19-Numerical-20230820
Partnership Fundamentals - Class 20-Numerical-20230902
Goodwill - Nature and Valuation
14 attachments • 10 hrs
Goodwill Class 1 - Goodwill Meaning-Introduction-types - 20230422
Goodwill Class 1 - Goodwill Meaning-Introduction-types - 20230522
Goodwill Class 2 - Simple average profit method numerical 20230522
Goodwill Class 3 - Simple average Profit - Normal Profit calculation Concept explaination - 20230523
Goodwill Class 4 - Simple average Profit with adjustments -Numerical -20230523
Goodwill Class 5 - Simple average profit method numerical - 20230524
Goodwill Class 6 - Weighted average profit method Concept - 20230524
Goodwill Class 7 - Weighted average profit method numerical - 20230524
Goodwill Class 8 - Super profit method concept - 20230525
Goodwill Class 9 - Super profit method numerical - 20230525
Goodwill Class 10 - Super profit method numerical - 20230526
Goodwill Class 11 - Capitalisation of super profit Concept & Numerical - 20230526
Goodwill Class 12 - Capitalisation of average profit Concept & Numerical - 20230612
Goodwill Class 13 - Capitalisation of average profit Concept & Numerical - 20230613
Change in profit sharing ratio among the existing partners
13 attachments • 9 hrs
Change in PSR among existing partners Class 1-20230821
Change in PSR among existing partners Class 2-20230822
Change in PSR among existing partners Class 3-20230823
Change in PSR among existing partners Class 4-20230823
Change in PSR among existing partners Class 5-20230823
Change in PSR among existing partners Class 6-20230825
Change in PSR among existing partners Class 7-20230825
Change in PSR among existing partners Class 8-20230826
Change in PSR among existing partners Class 9-20230828
Change in PSR among existing partners Class 10-20230829
Change in PSR among existing partners Class 11-20230830
Change in PSR among existing partners Class 12-20230830
Change in PSR among existing partners Class 13-20230901
Admission of a partner
23 attachments • 14 hrs
Admission of a partner Class 1 - Introduction and NPSR Q.No.1 & 2, CW Q.No.3
Admission of a partner Class 2 - NPSR Q.No.4,5,6,7 and Treatment of Goodwill
Admission of a partner Class 4- NPSR Q.No.13-16
Admission of a partner Class 5- NPSR Q.No.17 & 9
Admission of a partner Class 6- Goodwill Treatment Q.No.18, 19 & 21
Admission of a partner Class 7- Goodwill Treatment Q.No.24,25,26 & 27
Admission of a partner Class 8 - Goodwill Treatment Q.No.30 & 32
Admission of a partner Class 9- Goodwill Treatment Q.No.33
Admission of a partner Class 10- Hidden Goodwill Treatment Q.No.34 & 35
Admission of a partner Class 11- Goodwill Treatment Q.No.37 & 38
Admission of a partner Class 12- Revaluation of assets and Reassessment of Liabilities concept explaination
Admission of a partner Class 13- Revaluation related problems solved 42,43 & 48, HW -44, 46 & 47
Admission of a partner Class 14- Treatment of reserves, accumulated profits and losses 50 to 53
Admission of a partner Class 15- Revaluation ac and Partners capital account Q.No.55
Admission of a partner Class 16- Revaluation ac, Partners capital ac & Balance sheet count Q.No.61
Admission of a partner Class 17- Revaluation ac, Partners capital ac & Balance sheet count Q.No.63
Admission of a partner Class 19 - Q.No.66
Admission of a partner Class 20 - Q.No.67
Admission of a partner Class 21-Q.No.74 Part A
Admission of a partner Class 22-Q.No.74 Part B
Admission of a partner Class 25-Q.No.79 Part B
Admission of a partner Class 26-Q.No.84
Admission of a partner Class 27-Q.No.86
Retirement of a partner
12 attachments • 5 hrs
Retirement of a partner - Class 1 solved Q.No.1-8
Retirement of a partner - Class 2 solved Q.No.11
Retirement of a partner - Class 3 Treatment of goodwill, Hidden Goodwill solved Q.No.12 & 17
Retirement of a partner - Class 4 solved Q.No.19, 21 and 34
Retirement of a partner - Class 5 solved Q.No.35
Retirement of a partner - Class 6 Methods of payment to retiring partner - concept and journal entries explained
Retirement of a partner - Class 7 solved Q.No.40 & 41
Retirement of a partner - Class 8 solved Q.No.43 and adjustment of capital concept and steps explained
Retirement of a partner - Class 9 solved Q.No.46
Retirement of a partner - Class 10 solved Q.No.49
Retirement of a partner - Class 11 solved Q.No.52
Retirement of a partner - Class 12 solved Q.No.55
Death of a partner
7 attachments • 3 hrs
Death of a partner Class 1 solved Q.No.1 to 7
Death of a partner Class 2 Share of profit or loss of deceased partner in the year of death - concept and journal entries
Death of a partner Class 3 solved Q.No.9 to 13
Death of a partner Class 4 solved Q.No.14 to 24
Death of a partner Class 5 solved Q.No.27
Death of a partner Class 6 Q.No.33 solved Part 1 of 2
Death of a partner Class 7 Q.No.33 solved Part 2 of 2
Dissolution of a partnership firm
12 attachments • 4 hrs
Dissolution Class 1 - Journal entries explained
Dissolution Class 2 - Journal entries explained
Dissolution Class 3 - Journal entries explained
Dissolution Class 4 -Q.No.21 solved
Dissolution Class 5 - Journal entries explained
Dissolution Class 6 - Q.No.22 solved
Dissolution Class 7 - Q.No.28 solved
Dissolution Class 8 - Q.No.30 solved
Dissolution Class 9 - Journal entries Problem solved
Dissolution Class 10 - Journal entries Problem solved
Dissolution Class 11 - Memorandum Balance sheet concept & problem solved
Dissolution Class 12 - Memorandum Balance sheet problem solved
Share Capital - Issue of shares
10 attachments • 5 hrs
Class 1-Issue of share capital for consideration other than cash - Concept and journal entries explained
Class 2-Issue of share capital for consideration other than cash - 32, 33 & 34 Problems solved
Class 3-Issue of share capital for consideration other than cash - 41,42 & 43 Problems solved
Class 4-Issue of share capital for cash - Lumpsum method journal entries & Problems solved
Class 5-Issue of share capital for cash at par - Instalments method journal entries & Problems solved
Class 6-Preparation of cash book, journal, balance sheet and Issue of share capital for cash at premium - Instalments method journal entries
Class 7-Calls in arrears, Journal, Cash book, Ledger & Balance sheet, Q.No.12 solved
Class 8-Oversubscription, calls in advance, calls in arrears Concept and Journal entries
Class 9-Issue of share capital - Problems on oversubscription solved
Class10-Forfeiture of shares which were issued at par & premium, and reissue of shares - Journal entries explained
Debentures Issue
15 attachments • 9 hrs
Debentures Issue - Class 1 - Issue of Debentures for Cash at par, discount and premium (Lumpsum) - journal entries
Debentures Issue - Class 2 - Issue of Debentures for Cash at par, discount and premium (Lumpsum) - Problems solved
Debentures Issue - Class 3 - Issue of Debentures for Cash at par, discount and premium (instalments) journal entries and problems solved
Debentures Issue - Class 4 - Issue of Debentures for Cash at par, discount and premium (instalments) journal entries and problems solved
Debentures Issue - Class 5 - Debentures issued for consideration other than cash conceptual journal entries explained
Debentures Issue - Class 6 - Debentures issued for consideration other than cash Numerical
Debentures Issue - Class 7 - Debentures issue for consideration other than cash Numerical
Debentures Issue - Class 8 - Debentures issue for consideration other than cash Numerical
Debentures Issue - Class 9 - Debentures issue with terms of redemption conceptual journal entries explained
Debentures Issue - Class 10 - Debentures issue with terms of redemption Numerical
Debentures Issue - Class 11 - Debentures issue with terms of redemption Numerical
Debentures Issue - Class 12 - Debentures interest conceptual journal entries explained
Debentures Issue - Class 13 - Debentures interest numerical solved
Debentures Issue - Class 14 - Debentures issued as collateral security Concept & Problem solved
Debentures Issue - Class 15 - Writing off discount and preparation of balance sheet
Financial statements of a company
16 attachments • 7 hrs
Video-20230403_140223-Financial statements of a Company
Video-20230404_141655-Financial statements of a Company
Video-20230405_155540-Financial statements of a Company
Video-20230406_151922-Financial statements of a Company
Video-20230406_154849-Financial statements of a Company
Video-20230407_062012-Financial statements of a Company
Video-20230407_071224-Financial statements of a Company
Video-20230411_152134-Financial statements of a Company
Video-20230411_155229-Financial statements of a Company
Video-20230412_155445-Financial statements of a Company
Video-20230414_063000-Financial statements of a Company
Video-20230414_070655-Financial statements of a Company
Video-20230417_152009-Financial statements of a Company
Video-20230417_155340-Financial statements of a Company
Video-20230418_151456-Financial statements of a Company
Video-20230418_155217-Financial statements of a Company
Comparative and common-size statements
2 attachments
Video-20240102_153627-Comparative statements concept and problems solved
Video-20240104_154702-Common-size statements concept and problems solved
Accounting Ratios
38 attachments • 19 hrs
Accounting Ratios Class 1 - Accounting ratios meaning, introduction, current ratio 20230419_154726
Accounting Ratios Class 2 - Current ratio 20230421_155905
Accounting Ratios Class 3 - Current ratio 20230424_152514
Accounting Ratios Class 4 - Quick or Liquid ratio 20230424_155324
Accounting Ratios Class 5 - Quick or Liquid ratio 20230425_155347
Accounting Ratios Class 6 - Quick or Liquid ratio 20230426_150824
Accounting Ratios Class 7 - Solvency ratios concept and Debt to equity ratio 20230426_155119
Accounting Ratios Class 8 - Debt to equity ratio 20230428_052851
Accounting Ratios Class 9 - Debt to equity ratio 20230428_054010-
Accounting Ratios Class 10 - Total assets to debt ratio 20230428_061509
Accounting Ratios Class 11 - Propritary ratio 20230502_053919
Accounting Ratios Class 12 - Interest coverage ratio 20230502_062741
Accounting Ratios Class 13 - Debt to capital emplyed 20230503_154908
Accounting Ratios Class 14 - Inventory turnover ratio concept & formula - 20230504_051429
Accounting Ratios Class 15 - Inventory turnover ratio numerical solved - 20230504_062351
Accounting Ratios Class 16 - Inventory turnover ratio numerical solved - 20230505_052808
Accounting Ratios Class 17 - Inventory turnover ratio numerical solved - 20230505_061708
Accounting Ratios Class 18 - Inventory turnover ratio numerical solved - 20230508_045708
Accounting Ratios Class 19 - Trade receivables turnover ratio concept and formula - 20230508_052006
Accounting Ratios Class 20 - Trade receivables turnover ratio Numerical - 20230508_061732
Accounting Ratios Class 21 - Trade receivables turnover ratio Numerical -20230509_054115
Accounting Ratios Class 22 - Trade receivables turnover ratio Numerical -20230509_061502
Accounting Ratios Class 23 - Trade payables turnover ratios 20230510_053230
Accounting Ratios Class 24 - Working capital turnover ratio - 20230510_061735
Accounting Ratios Class 25 - Fixed assets turnover ratios - 20230511_050651
Accounting Ratios Class 26 - Net assets or capital employed turnover ratio -20230511_054134
Accounting Ratios Class 27 - Gross pofit ratio - 20230511_061814
Accounting Ratios Class 28 - Gross pofit ratio - 20230512_063816
Accounting Ratios Class 29 - Gross pofit ratio - 20230515_045003
Accounting Ratios Class 30 - Operating ratio - 20230515_061755
Accounting Ratios Class 31 - Operating ratio - 20230517_052619
Accounting Ratios Class 32 - Operating Profit Ratio - 20230517_064508
Accounting Ratios Class 33 - Net Profit ratio - 20230515_052411
Accounting Ratios Class 34 - Net Profit ratio - Net profit ratio - 20230518_045227
Accounting Ratios Class 35 - Return in inestment ROI or ROCE - 20230518_053013
Accounting Ratios Class 36 - Return in inestment ROI or ROCE - 20230518_062552
Accounting Ratios Class 37- Miscellaneous questions - 20230519_052923
Accounting Ratios Class 38- Miscellaneous questions - 20230519_061712
Cash flow statement
30 attachments • 11 hrs
CFS Investing acivities Class 1-20230616_155225
CFS Investing acivities Class 2-20230619_155359
Video-20230621_155055-Meeting Recording
video-20230621-155055-meeting-recording_ZkxOffcx
Video-20230623_143234-Meeting Recording
Video-20230623_151824-Meeting Recording
Video-20230623_155626-Meeting Recording
Video-20230626_141445-Meeting Recording
Video-20230626_151759-Meeting Recording
Video-20230626_152913-Meeting Recording
Video-20230626_155103-Meeting Recording
Video-20230627_153034-Meeting Recording
Video-20230627_155904-Meeting Recording
Video-20230628_152226-Meeting Recording
Video-20230628_154558-Meeting Recording
Video-20230629_133206-Meeting Recording
Video-20230629_140917-Meeting Recording
Video-20230702_151801-Meeting Recording
Video-20230703_154459-Meeting Recording
Video-20230704_151003-Meeting Recording
Video-20230707_151652-Meeting Recording
Video-20230707_155056-Meeting Recording
Video-20230708_111053-Meeting Recording
Video-20230714_152233-Meeting Recording
Video-20230714_154802-Meeting Recording
Video-20230717_153223-Meeting Recording
Video-20230717_155151-Meeting Recording
Video-20230719_155735-Meeting Recording
Video-20230721_155831-Meeting Recording
Video-20230724_155421-Meeting Recording
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