Corporate accounting bba calicut university

  • What are the needs of corporate accounting?

    The main objective of corporate accounting is to ensure that companies comply with statutory and regulatory requirements, while also providing accurate and reliable financial information to stakeholders such as shareholders, creditors, and regulatory bodies..

CALICUT UNIVERSITY P.O. MALAPPURAM,. KERALA, INDIA - 673 635. BBA3 B04. (2019 Corporate Accounting BBA III Sem. 80 earn certain amount of income i.e. 
CORPORATE. ACCOUNTING. Study Material. CORE COURSE. For. III SEMESTER BBA. UNIVERSITY OF CALICUT. SCHOOL OF DISTANCE EDUCATION. CALICUT UNIVERSITY P.O. 

How to calculate current assets & liabilities in BBA III?

Corporate Accounting BBA III Sem. 130 Current assets = 3.5x and Quick assets = 2x Inventories = Current assets − Quick assets 24,000 = 3.5x − 2x 24,000 = 1.5x Current Liabilities = Rs. 16,000 Current Assets = 3.5x = 3.5 × Rs. 16,000 = Rs. 56,000.
Verification:.

What are current liabilities in corporate accounting?

Corporate Accounting BBA III Sem. 129 Current liabilities include:

  • short-term borrowings
  • trade payables (creditors and bills payables)
  • other current liabilities and short-term provisions.
    Illustration 1 From the following information, calculate current ratio.

    • Does Ltd need accounting entry for cancellation of unissued shares?

    No accounting entry is needed for cancellation of unissued shares

    Only reduced authorized capital is to be shown in the next balance sheet

    ltd has an authorized share capital of Rs

    10,00,000 and issued capital of Rs

    800000

    It decides to alter its authorized share capital to rs

    8,00,000 Show the accounting treatment

    What are current liabilities in corporate accounting?

    Corporate Accounting BBA III Sem

    129 Current liabilities include short-term borrowings, trade payables (creditors and bills payables), other current liabilities and short-term provisions

    Illustration 1 From the following information, calculate current ratio


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