studynatic
Unit 7: Sources of Business Finance
Unit 6: Social Responsibility of Business and Business Ethics
Unit 5: Emerging Modes of Business
Unit 4: Business Services
Unit 3: Public, Private and Global Enterprises
Unit 2: Forms of Business organizations
INTRODUCTION Business activities cannot be performed in isolation. They have to organized in an appropriate form. ‘Forms of Business Organization’ are essentially the forms of ownership of business. Ownership involves capital investment, management and sharing of profit VARIOUS FORM OF…
Unit 1: Evolution and Fundamentals of Business
Accounts from Incomplete Records-Single Entry System
Ascertainment of Profit/Loss by Statement of Affairs Method Opening Capital Rs.60,000; Drawings Rs.5,000; Capital added during the year Rs.10,000 Closing Capital Rs.90,000 Calculate the Profit or Loss for the year. Solution:- 2. Pankaj maintains his books of account on Single…
Adjustments in Preparation of Financial Statements
Adjustments Q.1 Closing Stock as at 31st March, 2025 of Rs.50,000 appears the Trial Balance. Accounts are closed on 31st March. Pass an Adjusting Entry and show how this will appear in the Final Accounts. Solution:- Note:- Closing stock of…