Page 133 - DCOM205_ACCOUNTING_FOR_COMPANIES_II

Accounting for Companies – II

notes Show important ledger accounts in the books of Hari Om Limited and open the books of Hari
Mohan Limited by means of journal entries and give the initial Balance Sheet of Hari Mohan
Limited. Expenses of Hari Om Limited came to ` 5,000.

answers: self assessment

1. False 2. True
3. False 4. True

5. True 6. True
7. True 8. Net Asset Method
9. Total payment 10. External reconstruction
11. Purchasing 12. Net payment

6.6 further readings

Books B. B. Dam and H. C. Gautam, Corporate Accounting, Capital Publishing.
Das, K. R. and others, Corporate Accounting, LBS Publication.
Sehgal, A. and Sehgal, D., Advanced Accounting & Corporate Accounting, Taxman
Publishers.

Online links http://accountlearning.blogspot.in/2011/04/concept-and-types-of-
reconstruction.html
http://dynamictutorial.blogspot.in/2012/02/company-accounts-amalgamation-
and.html

http://sjecnotes.weebly.com/uploads/5/2/5/1/5251788/corporate_
accounting-24th_sem.pdf

128 lovely professional university