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Micheal Vaz Solutions for Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board

Maharashtra State Board 12th Standard Board Exam Accounts Solutions Guide

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Maharashtra State Board 12th Standard Board Exam Accounts Textbook Solutions

Questions and answers for the 12th Standard Board Exam Accounts Textbook are on this page. Micheal Vaz Solutions for 12th Standard Board Exam Accounts Digest Maharashtra State Board will help students understand the concepts better.


Micheal Vaz Solutions for 12th Standard Board Exam Accounts Chapterwise List | 12th Standard Board Exam Accounts Digest

The answers to the Micheal Vaz books are the best study material for students. Listed below are the chapter-wise Micheal Vaz Accounts 12th Standard Board Exam Solutions Maharashtra State Board.


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Micheal Vaz Solutions for Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board - Shaalaa.com
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Micheal Vaz 12th Standard Board Exam solutions for other subjects

We also provide solutions for other subjects to help you top the exams. These Micheal Vaz solutions are curated with respect to the exam pattern and old papers. Find the best questions and solutions here. Click now to access it.

Chapters covered in Micheal Vaz Solutions for Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board

Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 1: Introduction to Partnership

Concepts covered in Introduction to Partnership are Meaning and Definitions of Partnership and Partnership Deed, Methods of Capital Accounts - Fixed and Fluctuating Capital Method, The Indian Partnership Act 1932.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 1: Introduction to Partnership exercises

ExerciseNo. of questionsPages
Exercise 11313
Exercise 21413
Exercise 31513 to 14
Exercise 41514

Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 2: Partnership Final Accounts

Concepts covered in Partnership Final Accounts are Adjustments - Bills Payable Dishonoured, Adjustments - Bills Receivable Dishonoured, Adjustments - Capital Expenditure Included in Revenue Expenses and Vice-versa, Adjustments - Capital Receipts Included in Revenue Receipts and Vice-versa, Adjustments - Commission to Working Partner Managers on the Basis of Gross Profit Net Profit, Sales, Etc, Adjustments - Deferred Expenses, Adjustments - Goods Destroyed by Fire Or Accident (Insured Or Uninsured), Adjustments - Goods Stolen, Adjustments - Goods Withdrawn by Partners, Adjustments - Income Receivable, Adjustments - Interest on Capital, Drawings and Loans, Adjustments - Interest on Investment and Loans, Adjustments of Financial Statements - Goods Distributed as Free Samples and Manager's Commission, Adjustments - Unrecorded Purchases and Sales, Effects of Adjustments-Bad and Doubtful Debts, Effects of Adjustments-Closing Stock, Effects of Adjustments-Depreciation, Effects of Adjustments-Income Received in Advance, Effects of Adjustments-Outstanding Expenses, Effects of Adjustments-Prepaid Expenses, Effects of Adjustments-Provision for Discount on Debtors and Creditors, Introduction of Final Accounts, Partnership Final Accounts, Preparation of Final Accounts.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 2: Partnership Final Accounts exercises

ExerciseNo. of questionsPages
Exercise 11564
Exercise 21564
Exercise 31464 to 65
Exercise 41565
Practical Problems1066 to 110

Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 3: Reconstitution of Partnership (Admission of Partner)

Concepts covered in Reconstitution of Partnership (Admission of Partner) are Admission of a Partner, Admission of a Partner - Adjustment of Accumulated Profits and Losses, Admission of a Partner - Adjustment of Capitals, Admission of a Partner - Revaluation of Assets and Liabilities, Admission of a Partner - Sacrifice Ratio and New Ratio, Admission of a Partner - Treatment of Goodwill, Capital Brought by New Partner, Concept of Goodwill, Different Ways of Reconstitution, Meaning of Reconstitution, Meaning of Retirement or Death of a Partner, Need of Admission of a Partner, Needs of Retirement Or Death of a Partner, Reconstitution of Partnership, Retirement or Death of a Partner - Adjustment of Accumulated Profits and Losses, Retirement Or Death of a Partner - Adjustment of Capitals, Retirement Or Death of a Partner - Amount Due to Retiring Parter, Retirement Or Death of a Partner - Gain Ratio, Retirement Or Death of a Partner - New Ratio, Retirement or Death of a Partner - Revaluation of Assets and Liabilities, Retirement Or Death of a Partner - Treatment of Goodwill.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 3: Reconstitution of Partnership (Admission of Partner) exercises

ExerciseNo. of questionsPages
Exercise 111107 to 159
Exercise 212107 to 164
Exercise 311107 to 167
Exercise 410108
Practical Problems10108 to 113

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Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 4: Reconstitution of Partnership (Retirement of Partnership)

Concepts covered in Reconstitution of Partnership (Retirement of Partnership) are Admission of a Partner, Admission of a Partner - Adjustment of Accumulated Profits and Losses, Admission of a Partner - Adjustment of Capitals, Admission of a Partner - Revaluation of Assets and Liabilities, Admission of a Partner - Sacrifice Ratio and New Ratio, Admission of a Partner - Treatment of Goodwill, Capital Brought by New Partner, Concept of Goodwill, Different Ways of Reconstitution, Meaning of Reconstitution, Meaning of Retirement or Death of a Partner, Need of Admission of a Partner, Needs of Retirement Or Death of a Partner, Reconstitution of Partnership, Retirement or Death of a Partner - Adjustment of Accumulated Profits and Losses, Retirement Or Death of a Partner - Adjustment of Capitals, Retirement Or Death of a Partner - Amount Due to Retiring Parter, Retirement Or Death of a Partner - Gain Ratio, Retirement Or Death of a Partner - New Ratio, Retirement or Death of a Partner - Revaluation of Assets and Liabilities, Retirement Or Death of a Partner - Treatment of Goodwill.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 4: Reconstitution of Partnership (Retirement of Partnership) exercises

ExerciseNo. of questionsPages
Exercise 16127
Exercise 26127
Exercise 36127 to 214
Exercise 46127
Practical Problems5128 to 130

Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 5: Reconstitution of Partnership (Death of Partner)

Concepts covered in Reconstitution of Partnership (Death of Partner) are Admission of a Partner, Admission of a Partner - Adjustment of Accumulated Profits and Losses, Admission of a Partner - Adjustment of Capitals, Admission of a Partner - Revaluation of Assets and Liabilities, Admission of a Partner - Sacrifice Ratio and New Ratio, Admission of a Partner - Treatment of Goodwill, Capital Brought by New Partner, Concept of Goodwill, Different Ways of Reconstitution, Meaning of Reconstitution, Meaning of Retirement or Death of a Partner, Need of Admission of a Partner, Needs of Retirement Or Death of a Partner, Reconstitution of Partnership, Retirement or Death of a Partner - Adjustment of Accumulated Profits and Losses, Retirement Or Death of a Partner - Adjustment of Capitals, Retirement Or Death of a Partner - Amount Due to Retiring Parter, Retirement Or Death of a Partner - Gain Ratio, Retirement Or Death of a Partner - New Ratio, Retirement or Death of a Partner - Revaluation of Assets and Liabilities, Retirement Or Death of a Partner - Treatment of Goodwill.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 5: Reconstitution of Partnership (Death of Partner) exercises

ExerciseNo. of questionsPages
Exercise 18140
Exercise 27140
Exercise 35140
Exercise 49141
Practical Problems5141 to 144

Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 6: Dissolution of Partnership Firm

Concepts covered in Dissolution of Partnership Firm are Dissolution of Partnership Firm.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 6: Dissolution of Partnership Firm exercises

ExerciseNo. of questionsPages
Exercise 110181
Exercise 210181
Exercise 310181
Exercise 410182
Practical Problems11182 to 188

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Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 7: Accounts of 'Not For Profit' Concerns

Concepts covered in Accounts of 'Not For Profit' Concerns are Accounts of “Not for Profit” Concerns, Additional Information - Capitalisation of Entrance Fees, Additional Information - Creation of Special Funds Out of Donations, Additional Information - Opening Balances of Assets and Liabilities, Additional Information - Prepaid Expenses of the Current and Previous Year, Additional Information - Stock of Stationery, Additional Information - Subscription Outstanding of the Current and Previous Year, Additional Information - Subscription Received in Advance, Effects of Adjustments-Accrued Income, Effects of Adjustments-Depreciation, Effects of Adjustments-Income Received in Advance, Effects of Adjustments-Outstanding Expenses, Feature of Receipts and Payments Account, Features of "Not for Profit" Concerns., Not for Profit Concerns, Preparation of Income and Expenditure Account and Closing Balance Sheet, Receipts and Payments Account.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 7: Accounts of 'Not For Profit' Concerns exercises

ExerciseNo. of questionsPages
Exercise 112227
Exercise 210227
Exercise 310227 to 228
Exercise 410228
Exercise 511228 to 235

Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 8: Single entry System

Concepts covered in Single entry System are Additional Information - Additional Capital, Additional Information - Depreciation on Fixed Asset, Additional Information - Overvaluation of Assets and Liabilities, Additional Information - Partners Salary, Additional Information - Undervaluation of Assets and Liabilities, Adjustments - Interest on Capital, Drawings and Loans, Difference Between Single Entry System and Double Entry System, Effects of Adjustments-Bad and Doubtful Debts, Effects of Adjustments-Drawings, Effects of Adjustments-Outstanding Expenses, Effects of Adjustments-Prepaid Expenses, Illustrations of Single Entry System, Meaning of Single Entry, Preparation of Statements for Single Entry System, Single Entry System Examples and Solutions.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 8: Single entry System exercises

ExerciseNo. of questionsPages
Exercise 111258
Exercise 210258
Exercise 310258 to 259
Exercise 410259
Exercise 59259 to 263

Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 9: Bill of Exchange (Trade Bill)

Concepts covered in Bill of Exchange (Trade Bill) are Acceptance of Bill, Accounting Treatment - Discounting the Bill with the Bank Honour/Dishonour and Insolvency, Accounting Treatment - Endorsement of the Bill, Honour/ Dishonour and Also Insolvency of Acceptor, Accounting Treatment of Bill by the Drawer Or Holder and Drawee, Accounting Treatment of Bill - Honour Or Dishonour of New Bill, Accounting Treatment of Bill - Insolvency of the Acceptor and Settlement of His Account, Accounting Treatment of Bill - Journal Entries and Ledger, Accounting Treatment of Bill - Making Part Payment of Basic Amount, Interest and Noting Charges and Drawing of New Bill, Accounting Treatment of Bill - Retirement of Bill, Accounting Treatment of Bill - Sending the Bill to the Bank for Collection, Honour Or Dishonour and Insolvency, Accounting Treatment - Retaining the Bill Till Due Date. Honour Or Dishonour, Insolvency of the Drawee Or Acceptor, Basic Term of Bills of Exchange - Notary Public, Basic Term of Bills of Exchange - Noting Charges, Bill of Exchange Examples and Solutions, Dishonour of Bill, Draft Or Format of Bills, Honouring of Bill, Important Terms of Bills of Exchange - Date of Maturity, Important Terms of Bills of Exchange - Days of Grace, Important Terms of Bills of Exchange - Due Date, Important Terms of Bills of Exchange - Noting of Bill, Important Terms of Bills of Exchange - Term of Bill, Introduction of Bill of Exchange (Only Trade Bill), Necessity of Bill of Exchange (Only Trade Bill), Parties to the Bill of Exchange, Protesting of Bill.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 9: Bill of Exchange (Trade Bill) exercises

ExerciseNo. of questionsPages
Exercise 113316
Exercise 216316
Exercise 318316
Exercise 418316 to 320

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Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 10: Company Accounts Part - 1 (Accounting for Shares)

Concepts covered in Company Accounts Part - 1 (Accounting for Shares) are Accounting for Share Capital, Accounting Treatment of Forfeiture and Re-issue of Share, Calls in Advance and Arrears, Disclosure of Share Capital in Company’s Balance Sheet (Horizontal Form), Interest on Debentures, Issue at Par and Premium and at Discount, Issue of Debentures at Par at Premium and at Discount, Issue of Debentures for Consideration Other than Cash, Issue of Shares for Consideration Other than Cash, Meaning and Concept of Debentures, Nature and Types of Share and Share Capital, Over Subscription of Shares, Private Placement of Shares, Public Subscription of Shares, Share and Share Capital, Share Capital - Issue and Allotment of Equity Shares, Under Subscription of Shares.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 10: Company Accounts Part - 1 (Accounting for Shares) exercises

ExerciseNo. of questionsPages
Exercise 114350
Exercise 213250 to 350
Exercise 313350 to 351
Exercise 412351
Exercise 510352 to 354

Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 11: Company Accounts Part - 2 (Accounting for Debentures)

Concepts covered in Company Accounts Part - 2 (Accounting for Debentures) are Accounting for Share Capital, Accounting Treatment of Forfeiture and Re-issue of Share, Calls in Advance and Arrears, Disclosure of Share Capital in Company’s Balance Sheet (Horizontal Form), Interest on Debentures, Issue at Par and Premium and at Discount, Issue of Debentures at Par at Premium and at Discount, Issue of Debentures for Consideration Other than Cash, Issue of Shares for Consideration Other than Cash, Meaning and Concept of Debentures, Nature and Types of Share and Share Capital, Over Subscription of Shares, Private Placement of Shares, Public Subscription of Shares, Share and Share Capital, Share Capital - Issue and Allotment of Equity Shares, Under Subscription of Shares.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 11: Company Accounts Part - 2 (Accounting for Debentures) exercises

ExerciseNo. of questionsPages
Exercise 110372
Exercise 210372
Exercise 310372 to 373
Exercise 410373
Exercise 55373 to 374

Micheal Vaz Solutions for 12th Standard Board Exam Book Keeping and Accountancy 12: Analysis of Financial Statements

Concepts covered in Analysis of Financial Statements are Cash Flow Analysis, Classification of Ratios, Common Size Statements, Comparative Statements, Concept of Accounting Ratios, Concept of Financial Statement Analysis, Introductions to Current Ratio, Introductions to Gross Profit Ratio, Introductions to Liquid Ratio, Operating Profit Ratio, Ratio Analysis and its Types, Return on Investment (ROI), ROCE.

Micheal Vaz 12th Standard Board Exam Book Keeping and Accountancy 12: Analysis of Financial Statements exercises

ExerciseNo. of questionsPages
Exercise 18384
Exercise 28384
Exercise 38384 to 385
Exercise 46385
Exercise 56385
Exercise 65385 to 386

Micheal Vaz Solutions for Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board

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Micheal Vaz Solutions for 12th Standard Board Exam Accounts Maharashtra State Board

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