The language of business — journals, ledgers, partnerships, companies.
Receipts & payments a/c · Income & expenditure a/c · Balance sheet · Fund-based accounting
Partnership deed · Profit-sharing ratio · Interest on capital & drawings · P&L Appropriation
New profit-sharing ratio · Sacrificing ratio · Goodwill treatment · Revaluation a/c
Gaining ratio · Goodwill adjustment · Settlement of accounts · Joint life policy
Modes of dissolution · Realisation a/c · Settlement order · Insolvency of partners
Types of shares · Issue at par / premium · Calls in arrears · Forfeiture & re-issue
Types of debentures · Issue methods · Interest on debentures · Redemption methods
Schedule III format · Balance sheet · Statement of P&L · Notes to accounts
Tools of analysis · Comparative statements · Common-size statements · Trend analysis
Liquidity ratios · Solvency ratios · Activity ratios · Profitability ratios
Operating activities · Investing activities · Financing activities · Indirect method