Accountancy II Study Materials 2021 – Download Study Notes & Important Questions for B.Com Students

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Accountancy II Study Materials: Download Accountancy II Study Materials 2021. In this article, we are going to provide the Study Notes for Management Studies. Students of B.Com can download these Study Materials which will be useful for their Exam Preparation. Through this article, we are going to provide the Accountancy II Study Materials, Study Notes, PDFs, Chapters & Topics, Important Questions on this topic, and Download Links. Continue reading the below article for more information regarding the Management Studies Notes.

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Accountancy II Study Materials - Download Chapters, Topics & Imp Questions

Accountancy II Study Materials

Name of the Subject Accountancy II
Category Management Studies
Useful for B.Com, M.Com
Course Type Under Graduation
Article on Accountancy II Study Materials 2021
Study Material Format PDF
Download Other Study Materials Click Here 

Chapters and Topics

Here we have mentioned the chapters and topics of the Accountancy II subject.

Branch and Departmental Accounts

  • Branch Accounts – I
  • Branch Accounts – II
  • Departmental Accounts

Hire Purchase Accounts

  • Hire Purchase Accounts I
  • Hire Purchase Accounts II
  • Hire Purchase Accounts III

Partnership Accounts

  • General Introduction and Distribution of Profits
  • Admission of a Partner
  • Retirement or Death of a Partner
  • Dissolution of A Partnership Firm

Company Accounts-I

  • General Introduction
  • Record of Share Capital Transactions
  • Issue and Redemption of Debentures
  • Purchase of Business and, Profits Before Incorporation

Company Accounts-II

  • Final Accounts – I
  • Final Accounts – II
  • Analysis of Financial Statement
  • Statement of Changes in Financial Position – I
  • Statement of Changes in Financial Position – II

Accountancy II Study Books

Accountancy II Study Materials will be studied by the students in the following semesters of their respective courses :

Subject  Download Links 
Accounting Click Here

Unit wise PDFs

Here we have mentioned the unit-wise PDFs of the Accountancy II subject. Click on the below link to download it :

Units  Download Links 
Branch and Departmental Accounts Download
Hire Purchase Accounts Click Here
Partnership Accounts Download
Company Accounts-I Click Here
Company Accounts-II Click Here

Subject to the Universities

This subject will be useful to the students of Commerce. The following university students can also download these materials :

  • Madras Christian College
  • Lovely Professional University

The subject in the Semesters

Accountancy I subject will be studied by the students in the following semesters of their respective courses :

  • B.Com I & II Semesters

Important Questions

We have mentioned some of the important questions on  Accountancy II subject :

  • What are the objectives of keeping branch accounts?
  • How are branch balances incorporated in head office books at the end of the accounting year?
  • What do you mean by Departmental Accounts? Why are they considered necessary?
  • What are the advantages of Departmental Accounts? Explain briefly.
  • What are the characteristics of a hire purchase agreement?
  • Explain the term ‘Default’ and ‘Repossession’ both concerning hiring purchase, transaction, and an installment sale transaction.
  • Describe how you can keep a detailed record of individual transactions in a subsidiary book.
  • Define Partnership and state its main characteristics.
  • What is Revaluation Account? What journal entries are to be passed when assets and liabilities are revalued at the time of admission of a partner?
  • What is the gaining ratio and how would you calculate it. Explain fully with illustrations?
  • How would you distinguish between the dissolution of partnership and dissolution of Firm?
  • Distinguish between partnership and company forms of organizations.
  • What is share premium? Is there any limit on the amount of premium to be charged? Explain the legal provisions relating to the utilization of share premium.
  • What are the various types of debentures? Describe each one of them briefly. ‘
  • What is ‘Purchase Consideration’? Explain the various methods of calculating purchase consideration.
  • What are the special features of the Profit and Loss Account of a Company?
  • Explain briefly the meaning and nature of financial statements.

Recommended Books for Accountancy II

The books that are useful for knowing about Accountancy II are given here. These are available online and can be downloaded for learning.

  • A Handbook on Commerce & Accountancy, by Unique Academic Board, Paperback
  • Handbook of Accountancy, by Arihant Experts, Paperback

We hope this article will be useful to the candidates to get the details of  Accountancy II Study Materials. Share this article Accountancy II Study Materials with your friends. Click on the ” Allow ” button to get the latest updates of our Exams Time website regarding Study Materials of any subject, Universities, Admit Card, Results, and still many more.

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