Kerala Plus Two Accountancy with AFS (DHSE) study guide
Kerala Plus Two Accountancy with AFS (DHSE) · Work through your exam, one topic at a time.
The Kerala Higher Secondary Plus Two Accountancy course under DHSE is the second-year accounting subject of the Commerce stream, usually taken alongside Business Studies, Economics and the allied AFS paper. It is a school-leaving qualification: marks come from the DHSE terminal examination plus a school-level continuous evaluation component, and the result feeds into higher-education admission. The Kerala Plus Two Accountancy with AFS (DHSE) study guide has 9 sections and about 2,934 words.
01Accounting for Not-for-Profit Organisations
Accounting for Not-for-Profit Organisations tests whether you can convert cash-based receipts and payments into accrual-based income and expenditure, and present a meaningful Balance Sheet when there is no profit motive. DHSE questions usually centre on subscription adjustments, donations, special funds, life membership, consumable sports material and depreciation.
309 words, about 2 min02Accounting for Partnership Firms - Fundamentals
Accounting for Partnership Firms - Fundamentals tests the deed, the P&L Appropriation Account, fixed versus fluctuating capital, and goodwill valuation. The central idea is that partnership profit is not simply divided in the profit-sharing ratio: appropriations are charged first.
356 words, about 2 min03Reconstitution of Partnership - Admission, Retirement and Death
Reconstitution of Partnership - Admission, Retirement and Death tests the change in the profit-sharing ratio and the accounting adjustments that follow. Every reconstitution creates new rights and revalues the old firm's assets and goodwill.
368 words, about 2 min04Dissolution of Partnership Firm (including Realisation Account)
Dissolution of Partnership Firm tests the closing entries, especially the Realisation Account, and the order in which cash is applied. The firm's assets are sold, liabilities are paid, and the remaining cash is distributed to partners.
313 words, about 2 min05Accounting for Share Capital
Accounting for Share Capital tests the Companies Act 2013 sequence: application, allotment, calls, forfeiture, reissue and balance-sheet presentation. Questions often combine oversubscription, pro-rata allotment and forfeiture.
339 words, about 2 min06Issue and Redemption of Debentures
Issue and Redemption of Debentures tests the liability side of the balance sheet and the accounting for discount, premium and redemption. Debentures are long-term borrowings; interest is a finance cost.
337 words, about 2 min07Financial Statements of a Company - Preparation and Presentation
Financial Statements of a Company tests the Schedule III format and the classification rules for the Statement of Profit and Loss and Balance Sheet. The exam expects correct headings, sub-headings and notes rather than a trial-balance dump.
315 words, about 2 min08Analysis of Financial Statements and Accounting Ratios
Analysis of Financial Statements and Accounting Ratios tests whether you can compute and interpret ratios from a given balance sheet or P&L. Ratios are grouped as liquidity, solvency, activity and profitability.
290 words, about 1 min09Cash Flow Statement (Operating, Investing and Financing Activities)
Cash Flow Statement tests AS 3 classification and the indirect method for operating activities. The statement explains the change in cash and cash equivalents between two balance-sheet dates.
307 words, about 2 min