Class 12 - Accounts (2024-25)

Demo Videos : for Class 12 - Accounts (2024-25)

Volume I: Accounting for Not-for-Profits Organizations and Partnership Firms

• Class 12th Accounts 1 Lectures 10 min
  • Accounts 10 min
• Chapter 1: Accounting for Not-for-Profits Organizations 10 Lectures 7 hrs 21 min
  • 01: Basic Concepts, Not-for-Profits Organizations, Receipts and Payment Account, Income and Expenditure Account, SL Examples 35 min
  • 02: Calculation of Missing Figures, Calculation of Subscriptions, Calculation of Expenses and Incomes related to current year, Calculation of Consumable Items 45 min
  • 03: Format of Income and Expenditure Account, Important Terms like Donation, Legacy, Admission Fees, Life Membership Fees, Endowment Fund etc., T.S Grewal Solutions 48 min
  • 04: Calculation of Subscription, Calculation of Expenses Related to Current Year, Calculation of Income Related to Current Year, T.S Grewal Solutions 42 min
  • 05: Calculation of the Amount of Consumable Items, Preparation of Receipts and Payment Account, T.S Grewal Solutions 40 min
  • 06: Quick Revision, Preparation of Income and Expenditure Account, T.S Grewal Solutions 59 min
  • 07: Quick Revision, Preparation of Income and Expenditure Account and Balance Sheet, T.S Grewal Solutions 45 min
  • 08: Quick Revision, Preparation of Income and Expenditure Account and Balance Sheet, T.S Grewal Solutions 37 min
  • 09: Quick Revision, Preparation of Income and Expenditure Account and Balance Sheet, T.S Grewal Solutions 48 min
  • 10: Quick Revision, Preparation of Income and Expenditure Account and Balance Sheet, T.S Grewal Solutions 42 min
• Chapter 2: Accounting for Partnership firm – Fundamentals 13 Lectures 9 hrs 15 min
  • 01: Basic Concepts, Partnership Act 1932, Characteristics of Partnership, Partnership Deed, Profit Sharing Ratio Preview40 min
  • 02: In Absence of Partnership Deed, Important Provision of Partnership Act, Calculation of Interest on Loan, Calculation of Interest on Drawing, Average Period Method, Product Method, T.S Grewal Solutions, 45 min
  • 03: Quick Revision, Profit and Loss Account, Partners Capital Account, Fixed Capital Method, Fluctuating Capital Method, T.S Grewal Solutions 35 min
  • 04: Quick Revision, Partners Capital Account, Fixed Capital Method, Fluctuating Capital Method, T.S Grewal Solutions 46 min
  • 05: Quick Revision, Calculation for Interest on Capital, Calculation of Opening Capital, Provisions for Interest on Capital, T.S Grewal Solutions 48 min
  • 06: Quick Revision, Calculation for Interest on Capital, Calculation of Opening Capital, SL Examples 37 min
  • 07: Quick Revision, Salary or Commission to Partner, SL Examples, T.S Grewal Solutions 49 min
  • 08: Quick Revision, Division of Profit Among Partners, Partners Capital Account, Current Account, T.S Grewal Solutions 51 min
  • 09: Quick Revision, Division of Profit Among Partners, Partners Capital Account, Current Account, T.S Grewal Solutions 42 min
  • 10: Quick Revision, Division of Profit Among Partners, Partners Capital Account, Current Account, T.S Grewal Solutions 40 min
  • 11: Quick Revision, Treatment of Manager to Partner, T.S Grewal Solutions, 38 min
  • 12: Quick Revision, Treatment of Manager to Partner, Guarantee of Profit to a Partner, T.S Grewal Solutions 37 min
  • 13: Guarantee of Profit to a Partner, T.S Grewal Solutions 47 min
• Chapter 3: Goodwill - Nature and Valuation 4 Lectures 2 hrs 43 min
  • 01: Basic Concepts, Meaning of Goodwill, Factors Affecting Goodwill, Nature of Customer, Classification of Goodwill, Need for Valuing Goodwill 39 min
  • 02: Quick Revision, Method of Valuation of Goodwill, Average Profit Method, Simple Average, Weighted Average, Calculation of Normal Past Business Profit, T.S Grewal Solutions 45 min
  • 03: Average Profit Method, Super Profit Method, Capital Employed, Capitalisation Method, T.S Grewal Solutions 41 min
  • 04: Quick Revision, Super Profit Method, Capitalisation Method, Important Questions for CBSE Board Exams, T.S Grewal Solutions 38 min
• Chapter 4: Change in Profit Sharing Ratio among the Existing Partners 9 Lectures 6 hrs 22 min
  • 01: Introduction, Change in Profit Sharing Ratio among the Existing Partners, Reconstitution, Calculation of Sacrificing Ratio/ Gaining Ratio, New Profit Sharing Ratio, SL Examples 37 min
  • 02: Treatment of Goodwill, Treatment of Reserve, Accumulated Profit and Loss, Capital Account, Accumulated Losses, T.S Grewal Solutions 45 min
  • 03: Quick Revision, Journal Entry, Preparation of Revaluation Account, T.S Grewal Solutions 48 min
  • 04: Quick Revision, Preparation of Revaluation Account, Partners Capital Account and Balance Sheet, T.S Grewal Solutions 38 min
  • 05: Quick Revision, Preparation of Revaluation Account, Partners Capital Account and Balance Sheet, T.S Grewal Solutions 40 min
  • 06: Preparation of Revaluation Account, Partners Capital Account and Balance Sheet, Adjustments of Capital, T.S Grewal Solutions 53 min
  • 07: Preparation of Revaluation Account, Partners Capital Account and Balance Sheet, Adjustments of Capital, T.S Grewal Solutions 47 min
  • 08: Adjustments of Capital, Case 1, Case 2, SL Examples, T.S Grewal Solutions 39 min
  • 09: Adjustments of Capital, Case 1, Case 2, Important Questions for CBSE Board Exams, T.S Grewal Solutions 35 min
• Chapter 5: Admission of a Partner 17 Lectures 12 hrs 40 min
  • 01: Introduction, Admission of a Partner, Adjustment Required on the Admission of a Partner, Calculation of New Profit Sharing Ratio, Sacrificing Ratio, Gaining Ratio, SL Examples 42 min
  • 02: Quick Revision, Cases of Calculation of NPSR, Explanation of Case 1 and Case 2, Shortcut Method for Sacrificing Ratio, SL Examples 41 min
  • 03: Quick Revision, Cases of Calculation of NPSR, Explanation of Case 3 and Case 4, Shortcut Method for Sacrificing Ratio, SL Examples 37 min
  • 04: Cases of Calculation of NPSR, Explanation of Case 1 and Case 2, Shortcut Method for Sacrificing Ratio, T.S Grewal Solutions 38 min
  • 05: Treatment of Goodwill - Goodwill paid privately, Goodwill/ Premium brought in Cash by a New Partner, Premium drawn by Old Partner, T.S Grewal Solutions 42 min
  • 06: Treatment of Goodwill – When New Partner is not able to bring his share of premium, T.S Grewal Solutions 53 min
  • 07: Treatment of Goodwill in Different Situations, T.S Grewal Solutions 49 min
  • 08: Calculation of Hidden Goodwill, Miscellaneous Questions for Treatment of Goodwill, T.S Grewal Solutions 37 min
  • 09: Treatment of Reserve and Accumulated Profit or Losses, Journal Entries, Format of Revaluation Account, T.S Grewal Solutions 42 min
  • 10: Preparation of Revaluation Account, Partner’s Capital Account and Balance Sheet, T.S Grewal Solutions 51 min
  • 11: Revaluation A/c, Partners’ Capital A/c and Balance Sheet, T.S Grewal Solutions 50 min
  • 12: Revaluation A/c, Partners’ Capital A/c and Balance Sheet, T.S Grewal Solutions 57 min
  • 13: Revaluation A/c, Conversion of Fixed Capital into Fluctuating, Partners’ Capital A/c and Balance Sheet, T.S Grewal Solutions 38 min
  • 14: Revaluation A/c, Stock Over-Valued & Under-Valued, Hidden Goodwill, Partners’ Capital A/c and Balance Sheet, T.S Grewal Solutions 49 min
  • 15: Adjustment of Capital – Cases, Explanation of Case 1, Revaluation A/c, Partners’ Capital A/c and Balance Sheet, T.S Grewal Solutions 51 min
  • 16: Adjustment of Capital – Cases, Explanation of Case 2, Revaluation A/c, Partners’ Capital A/c and Balance Sheet, T.S Grewal Solutions 45 min
  • 17: Adjustment of Capital – Cases, Explanation of Case 3, Revaluation A/c, Partners’ Capital A/c and Balance Sheet, T.S Grewal Solutions 38 min
• Chapter 6: Retirement/Death of a Partner 10 Lectures 7 hrs 9 min
  • 01: Introduction, Meaning of Retirement, Adjustment Required on the Retirement of a Partner, Calculation of New Profit Sharing Ratio, Gaining Ratio, SL Examples Preview38 min
  • 02: Shortcut for Calculation of Gaining Ratio, Treatment of Goodwill, Journal Entries, Quick Revision, T.S Grewal Solutions 42 min
  • 03: Treatment of Reserves and Accumulated Profit or Loss, Golden Hints, T.S Grewal Solutions 41 min
  • 04: Quick Revision, Preparation of Revaluation A/c, Partners’ Capital A/c and Balance Sheet, T.S Grewal Solutions 38 min
  • 05: Preparation of Revaluation A/c, Partners’ Capital A/c and Balance Sheet, T.S Grewal Solutions 40 min
  • 06: Preparation of Revaluation A/c, Partners’ Capital A/c and Balance Sheet, T.S Grewal Solutions 52 min
  • 07: Adjustment of Capital – Case 1 and Case 2, Preparation of Revaluation A/c, Partners’ Capital A/c and Balance Sheet, T.S Grewal Solutions 40 min
  • 08: Death of a Partner, Computation of Amount due to Deceased Partner, Format of Deceased Partner Capital Account, Executor Account, T.S Grewal Solutions 39 min
  • 09: Important Golden Rules, Preparation of Deceased Partner Capital Account, Executor Account, T.S Grewal Solutions T.S Grewal Solutions 50 min
  • 10: Preparation of Deceased Partner Capital Account, Executor Account, T.S Grewal Solutions T.S Grewal Solutions 49 min
• Chapter 7: Dissolution of a Partnership Firm 10 Lectures 7 hrs 31 min
  • 01: Introduction, Meaning of Dissolution, Causes of Dissolution, Modes of Dissolution, Format of Realisation A/c, Accounting Treatment on Dissolution, Journal Entries 42 min
  • 02: Preparation of Realisation A/c, Journal Entries, T.S Grewal Solutions 37 min
  • 03: Quick Revision, Preparation of Realisation A/c, Partners Capital A/c, Bank/Cash A/c, T.S Grewal Solutions 40 min
  • 04: Accounting Treatment of Unrecorded Assets and Liabilities, Preparation of Realisation A/c, Partners Capital A/c, Bank/Cash A/c, T.S Grewal Solutions 39 min
  • 05: Accounting Treatment – Realisation Expenses, Golden Rule for Realisation Expenses, T.S Grewal Solutions 41 min
  • 06: Preparation of Realisation A/c, Partners Capital A/c, Bank/Cash A/c, T.S Grewal Solutions 52 min
  • 07: Journal Entries in Different Cases, SL Examples, T.S Grewal Solutions 49 min
  • 08: Journal Entries in Different Cases, SL Examples, T.S Grewal Solutions 51 min
  • 09: Preparation of Memorandum Balance Sheet, T.S Grewal Solutions 49 min
  • 10: Preparation of Memorandum Balance Sheet, T.S Grewal Solutions 51 min

Volume II: Accounting for Companies

• Chapter 8: Company Accounts - Accounting for Share Capital 15 Lectures 10 hrs 37 min
  • 01: Introduction, Meaning of Company, Characteristics of Company, Kinds of Companies – One Person Company, Private Company, Public Company, Important Terms – Face Value, Called up, Paid up, Unpaid up, Journal Entries Preview39 min
  • 02: Types of Shares – Equity Share, Preference Shares, Issue Of Shares - at Par, at Premium, Journal Entries, SL Examples 42 min
  • 03: Over-subscription, Under-subscription, Journal Entries, SL Examples 45 min
  • 04: Calls in Advance, Calls in Arrears, Journal Entries, SL Examples 37 min
  • 05: Issue of Shares for cash at Par, Undersubscription, Oversubscription, Quick Revision, T.S Grewal Solutions 52 min
  • 06: Issue of Shares at Premium, Journal Entries, Amount of call in Arrear Received, T.S Grewal Solutions 42 min
  • 07: Issue of Shares for Consideration other than Cash – Journal Entries, SL Examples, T.S Grewal Solutions 34 min
  • 08: Issue of Shares for Consideration other than Cash – Journal Entries, SL Examples, T.S Grewal Solutions 47 min
  • 09: Forfeiture and Reissue of Shares – Originally Issued at Par, Originally Issued at Premium, SL Examples, T.S Grewal Solutions 52 min
  • 10: Forfeiture and Reissue of Shares which are originally Issued at Par, Golden Rule – Easy Method, SL Examples, T.S Grewal Solutions 42 min
  • 11: Forfeiture and Reissue of Shares which are originally Issued at Premium, Golden Rule – Easy Method, SL Examples, T.S Grewal Solutions 39 min
  • 12: Forfeiture and Reissue of Shares which are originally Issued at Par/Premium, Golden Rule – Easy Method, SL Examples, T.S Grewal Solutions 51 min
  • 13: Forfeiture and Reissue of Shares which are allotted on Pro Rata, SL Examples, Golden Rule, T.S Grewal Solutions 30 min
  • 14: Forfeiture and Reissue of Shares - Pro Rata Allotment, SL Examples, Golden Rule, T.S Grewal Solutions 48 min
  • 15: Forfeiture and Reissue of Shares - Pro Rata Allotment, SL Examples, Golden Rule, T.S Grewal Solutions 37 min
• Chapter 9: Company Accounts - Issue of Debenture 6 Lectures 4 hrs 14 min
  • 01: Meaning of Debentures, Difference between Share & Debenture, Issue of Debentures – At Par, At Premium, At Discount, Journal Entries, SL Examples 37 min
  • 02: Issue of Debentures at Par, at Premium, at Discount, Over-Subscription, Under-Subscription, T.S Grewal Solutions Preview42 min
  • 03: Issue of Debentures for Consideration Other than Cash, SL Examples, T.S Grewal Solutions 47 min
  • 04: Issue of Debentures as Collateral Security, T. S Grewal Solutions 35 min
  • 05: Issue of Debentures with Terms of Redemption, Interest on Debentures, T. S Grewal Solutions 41 min
  • 06: Treatment of Discount or Loss on Issue of Debentures, SL Examples, T.S Grewal Solutions 52 min
• Chapter 10: Company Accounts - Redemption of Debentures 7 Lectures 5 hrs 4 min
  • 01: Introduction, Meaning of Redemption of Debentures, Debenture Redemption Reserve, 37 min
  • 02: Debentures Redemption Reserve, DRR, Methods Of Redemption – On maturity in Lump-Sum Payment, In Instalment by Draw of Lots, By Purchase from Open Market, Journal Entries 41 min
  • 03: Redemption of Debentures in Lump-sum, SL Examples, T.S Grewal Solutions 45 min
  • 04: Quick Revision, Redemption of Debentures by Draw of Lots, Journal Entries, T.S Grewal Solutions 35 min
  • 05: Redemption of Debentures by Purchase from Open Market, Journal Entries, T.S Grewal Solutions 40 min
  • 06: Redemption of Debentures by Purchase from Open Market, Journal Entries, T.S Grewal Solutions 57 min
  • 07: Redemption of Debentures by Purchase from Open Market, Journal Entries, T.S Grewal Solutions 49 min

Volume III: Analysis of Financial Statements

• Chapter 5: Cash Flow Statement 10 Lectures 7 hrs 11 min
  • 01: Meaning of Cash Flow Statement, Operating Activities, Investing Activities, Financing Activities, Format of Cash Flow Statement Preview47 min
  • 02: Adjustment in Cash Flow Statement - Provision for Taxation Account, Proposed Dividend, Interim Dividend 42 min
  • 03: Adjustment in Cash Flow Statement - Interest on Dividend, Premium on Redemption of Dividend, Fixed Assets Account, Calculation of Profit and Loss, Deprecation Account 41 min
  • 04: Calculation of Profit before Tax and Extraordinary Items, T.S Grewal Solutions 39 min
  • 05: Calculation of Operating Profit before working capital changes, T.S Grewal Solutions 35 min
  • 06: Calculation of Cash Flow from Operating Activities, T.S Grewal Solutions 57 min
  • 07: Calculation of Investing Activities, Calculation of Financing Activities, T.S Grewal Solutions 46 min
  • 08: Cash Flow Statements without Adjustments, T.S Grewal Solutions 48 min
  • 09: Cash Flow Statements with Adjustments , T.S Grewal Solutions 39 min
  • 10: Cash Flow Statements with Adjustments , T.S Grewal Solutions 37 min
• Chapter 1: Financial Statements of a Company 2 Lectures 1 hrs 17 min
  • 01: Meaning of Financial Statements, Characteristics of Balance Sheet, Format of Balance Sheet, Items of Balance Sheet, T.S Grewal Solutions 45 min
  • 02: Quick Revision, Format of Statement of Profit and Loss, Items of Statement of Profit and Loss, T.S Grewal Solutions 32 min
• Chapter 2: Tools of Financial Statement Analysis 3 Lectures 1 hrs 58 min
  • 01: Meaning of Financial Statement Analysis, Techniques of Financial Statement Analysis, Types of Financial Statement Analysis, 41 min
  • 02: Comparative Statements, Common-size Statements, Ratio Analysis, Cash Flow Statements, Process of Financial Statement Analysis 35 min
  • 03: Objectives of Financial Statement Analysis, Uses of Financial Statement Analysis, Parties Interested in Financial Analysis 42 min
• Chapter 3: Comparative & Common Size Statements 4 Lectures 2 hrs 46 min
  • 01: Introduction, Tools for Analysis of Financial Statement, Objectives of Comparative Statements, SL Examples 45 min
  • 02: Format of Comparative Balance Sheet, Format of Common-Size Balance Sheet, T.S Grewal Solutions 38 min
  • 03: Format of Comparative Statement of Profit and Loss, Format of Common-Size Statement of Profit and Loss, T.S Grewal Solutions 42 min
  • 04: Quick Revision, T.S Grewal Solutions 41 min
• Chapter 4: Accounting Ratios 10 Lectures 7 hrs 15 min
  • 01: Accounting Ratios, Meaning of Ratio, Expression of Ratio, Pure Ratio, Ratio Analysis, Types of Ratios - Liquidity Ratio, Solvency Ratio, Activity or Turnover Ratio, Profitability Ratio Preview41 min
  • 02: Current Ratio, Quick Ratio, Formulas, SL Examples, T.S Grewal Solutions 42 min
  • 03: Quick Revision, Quick Ratio, Formulas, T.S Grewal Solutions 39 min
  • 04: Calculation of Shareholders Fund, Total assets to Debt Ratio, Proprietary Ratio, Interest Coverage Ratio, Calculation of PBIT, T.S Grewal Solutions 37 min
  • 05: Activity or Turnover Ratio, Inventory Turnover Ratio, Trade Receivable Ratio, Debtor Turnover Ratio, Trade payables Or Creditor Turnover Ratio, T.S Grewal Solutions 45 min
  • 06: Working Capital Turnover Ratio, Average Debt Collection Period, Average Payment Period or Average Age of Payables Debt Payment Enjoyed Ratio, T.S Grewal Solutions 57 min
  • 07: Turnover Ratio, SL Examples, T.S Grewal Solutions 49 min
  • 08: Profitability Ratio, Gross Profit Ratio, Operating Ratio, Operating Profit Ratio, Net Profit Ratio, Return on Investment, ROI, Calculation of PBIT and Dividend, T.S Grewal Solutions 48 min
  • 09: Calculation of Capital Employed, T.S Grewal Solutions 40 min
  • 10: Important Questions of Ratio Analysis 37 min