Basic Accounting 2: Partnership and Corporation

by Roberto Z. Palma

This book is good for 108 class-hour subject and good for a six (6) unit subject for both BS Accounting and non-BS Accounting students

All topics are aligned with the Commission on Higher Education’s Basic Accounting part 2 syllabus for partnership and corporation

It is an outcome based textbook which contains illustrations with related practice exercises and problem exercises are classified according to Easy, Medium and Difficult levels. This is the only book in its class that focused on the direct relationship of an accounting topic to a specific law related to such accounting topic

Also included is a chapter for Cost Accounting which discusses the accounting process used for a single and multiple products manufacturing operation, how to arrive at the cost per unit of a product and, how to compute the proposed selling price


Table of Contents

Part I : Partnership
1. Nature And Formation Of A Partnership
2. Accounting For Partnership Formation
3. Partnership Operation And Division of Profit
4. Dissolution Of A Partnership
5. Liquidation Of A Partnership

Part II : Corporation
6. Nature And Formation Of A Corporation
7. Accounting For The Issuance Of Shares Of Stock
8. Sharesholders’ Equity Transactions Subsequent To Formation
9. Accounting For Retained Earnings
10. Incorporation Of A Partnership
11. Nature And Objectives Of Financial Statements
12. Income Statement And Statement Of Financial Position
13. Cash Flow Statement
14. Financial Analysis Of Financial Statements Of A Corporation
15. Earnings Per Share And Book Value Per Share
16. Cost Accounting In A Manufacturing Concern

Genres: Accounting

Paperback

First published January 1, 2014