Accountancy Syllabus Maharashtra Board
Accountancy Syllabus Maharashtra Board
organization and learn to analyze them. B.9 Cash discount and Trade discount
9. Ascertain profit or loss from incomplete B.10 Solvent and Insolvent
records. B.11 Accounting Year
10. Learn to use computer in accounting. B.12 Trading Concerns and ‘Not for
Profit’ Concerns
Std. XI B.13 Goodwill
Sr.No. Topic C. Accounting Concepts, Conventions
1. A. Introduction of Book-keeping and and Principles and Indian
Accountancy Accounting standards concepts
A.1 Meaning and definition and objectives
A.2 Objectives C.1 Meaning and Importance
A.3 Importance and Utility C.2 Business Entity
A.4 Difference between Book-Keeping C.3 Money measurement
and Accountancy C.4 Cost
A.5 Basis of Accounting - Cash basis C. 5 Consistency
and Accrual basis. C. 6 Conservatism
A.6 Qualitative characteristics of C. 7 Going Concern
accounting information C. 8 Realization
A.7 Financial Accounting, Cost C. 9 Accrual
Accounting, Management C.10 Dual Aspect
Accounting C.11 Disclosure
B. Basic Accounting Terminologies C.12 Materiality
B.1 Business Transactions - Cash C.13 Revenue
Transactions and Credit Transactions C.14 Matching
B.2 Goods C.15 Accounting Standards
B.3 Profit, loss-Operating and Non- 2. A. Meaning and fundamentals of
operating profits, Normal gains and Double Entry Book-keeping
abnormal gains with examples. System
Difference between profit and A.1 Study of Double Entry Book-keeping
Income system.
B.4 Assets, Liabilities, Net-worth/ A.2 Advantages of Double Entry Book-
Owners Equity Assets: Fixed/ keeping system.
Current/Tangible/ Intangible/ A.3 Comparison of Double Entry Book-
fictitious keeping system with Conventional
B.5 Contingent Liability Accounting system.
B.6 Capital, Drawings B. Classification of Accounts and
B.7 Debtors, Creditors Accounting equations Rules
B.8 Capital Expenditure, Revenue and B.1 Types of accounts-personal,
Deferred Revenue Expenditure Impersonal accounts- Real
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11. A report on procedure for opening various preparation of Final Accounts with
types of bank accounts. following adjustments.
12. A visit to factory or workshop or small Adjustments
scale industry and a study of various a. Closing stock
methods adopted for calculation of b. Outstanding expenses
depreciation. c. Prepaid expenses
13. Final Accounts with the help of journal / d. Income received in advance
subsidiary books of sole trading concern. e. Income receivable
14. Journalising of household transactions for f. Bad debts
a month. g. Provision for doubtful debts
15. Effects on purchasing power of a h. Reserve for discount on debtors and
customer due to discount. creditors
16. Classification of family activities into i. Depreciation
monetary and non-monetary activities. j. Interest on capital, drawings and loans
17. Preparation of Bank Reconciliation k. Interest on investment and loans
Statement from given extracts of Cash l. Goods destroyed by fire/ accident
book and Pass book balances. (at least (insured / uninsured)
15 reasons expected). m. Goods stolen
18. An analytical study of 25 different ledger n. Goods distributed as free samples
accounts. o. Goods withdrawn by partners
19. A project on the types of accounts related p. Unrecorded purchases and sales
to goods. q. Capital expenditure included in
20. Any one Accounting Package. revenue expenses and vice-versa
Note : r. Bills Receivable dishonoured
The above list of projects is given only s. Bills payable dishonoured
as guidelines. Students are free to select t. Deferred expenses
any topic for project related to the u. Capital receipts included in revenue.
syllabus. Receipts and vice-versa
v. Commission to working partner/
Std. XII Managers on the basis of Gross profit,
Net profit, sales, etc.
Sr. No. Topic 3. Reconstitution of Partnership
1. Introduction to Partnership 3.1 Meaning and different ways of
1.1 Meaning and definitions reconstitution
1.2 The Indian partnership Act 1932 3.2 Admission of a partner
1.3 Methods of capital accounts 3.2.1 Meaning and Need
i) Fixed Capital Method 3.2.2 Capital brought by new partner
ii) Fluctuating Capital Method 3.2.3 New profit sharing ratio
2. Partnership Final Accounts 3.2.4 Sacrifice ratio
2.1 Introduction and Necessity of 3.2.5 Goodwill - Meaning, Methods
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7. Bill of Exchange (Only Trade Bill) 8.2 Accounting for Share Capital: Issue
7.1 Introduction, necessity, Meaning, and Allotment of Equity Shares.
Definition of Bill of Exchange Private placement of shares. Public
7.2 Draft/format of Bills, Parties to the subscription of shares. Over
Bill of Exchange, Acceptance of Bill, subscription and Under subscription
Terms of Bill, Days of Grace, Date of of shares. Issue at Par and premium,
maturity, Due Date, Types of Bill and at discount, Calls in advance in
7.3 Honouring of Bill, Dishonour of Bill, arrears, Issue of shares for
Noting and Protesting of Bill, Notary consideration other than cash
Public and Noting Charges 8.3 Accounting treatment of forfeiture
7.4 Accounting Treatment of Bill by the and re-issue
Drawer/Holder and Drawee in 8.4 Disclosure of Share capital in
following cases Company’s Balance Sheet
a) Retaining the Bill till due date. (Horizontal form)
honour/dishonour, insolvency of the 9. Company Accounts Part-II
drawee/ acceptor Accounting for Debentures
b) Endorsement of the Bill, Honour/ 9.1 Debentures : Meaning, Issue of
dishonour and also insolvency of debentures at par, at premium and at
acceptor discount
c) Discounting the Bill with the Bank 9.2 Issue of debentures for consideration
honour/dishonour and insolvency. other than cash. Interest on
d) Sending the Bill to the Bank for Debentures
collection, honour/ dishonour and 10. Analysis of financial statements
insolvency 10.1 Financial statement Analysis:
e) Renewal of Bill-Reasons for Renewal meaning, objectives and limitations
of the Bill. Renewal of Bill with or 10.2 Tools for financial statement
without charging interest Analysis-meaning of comparative
f) Making part payment of basic amount, statements, common size statements,
interest and noting charges and cash flow analysis, and Ratio analysis
drawing of new Bill 10.3 Accounting Ratios : Meaning
g) Honour/dishonour of New Bill objectives and classification of
h) Insolvency of the acceptor and Ratios
settlement of his account 10.4 Introductions to current ratio, liquid
i) Retirement of Bill
ratio, Gross profit ratio, operating
j) Journal Entries and Ledger
profit ratio and Net profit ratio. ROI,
8. Company Accounts Part-I
ROCI
Accounting for shares
8.1 Share and share capital, Meaning,
Nature and Types
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