VNSGU / Saurashtra University · Financial Accounting Advanced
Download B.Com Sem 2 Financial Accounting Advanced previous year question papers (2019–2024) from VNSGU — Veer Narmad South Gujarat University. Free PDF preview and download with verified step-by-step solutions.
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MINOR - COMPUTER APPLICATION - II THEORY ( OFFICE AUTOMATION AND ACCOUNTING TOOLS ) - LEVEL 3· 60
Accounting For Specific Business Level 2· 180
Financial Accounting - II· 120
Financial Management-II· 120
Computer Application - Paper-2 (Computerize Accounting Tools)· 60
Partnership Accounts in full: Admission of a Partner (new profit sharing ratio, sacrificing ratio, treatment of goodwill under AS 26, Revaluation Account, capital adjustments), Retirement and Death of a Partner (gaining ratio, goodwill settlement, Executor's account, installment payment), Dissolution of Partnership Firm (Realization Account, insolvency of partners, application of Garner vs Murray rule), Joint Venture Accounts, and Consignment Accounts.
In Partnership Accounts, always close the Revaluation Account first, transfer profit/loss to Old Partners in Old Ratio, and then adjust Goodwill before calculating closing Partner Capital balances.
Important Exam Focus: Admission of a Partner — comprehensive problem preparing Revaluation Account, Partner Capital Accounts, Cash Account, and New Balance Sheet with goodwill adjustments; Retirement of a Partner — calculation of Gaining Ratio and Partner Loan Account; Garner vs Murray insolvency distribution rule.