Prepare 12% Government Bond Account in the books of Mr. Joshi for the year ended 31-3-2016. Explain Pre-acquisition and Post-acquisition Dividend in Personal Investment Accounting.... Prepare 12% Government Bond Account in the books of Mr. Joshi for the year ended 31-3-2016. Explain Pre-acquisition and Post-acquisition Dividend in Personal Investment Accounting. Distinguish between Amalgamation vs Absorption vs External Reconstruction of Companies. Write a short note on any three of the following: Challenges in Convergence with IFRS, Disclosures of Reserves and Surplus in the Balance Sheet of a Limited Company, Methods of Calculating Purchase Consideration, Consolidation and Sub-division of Shares, Sale of Right Entitlement and Purchase of Right Shares.
Understand the Problem
The question is asking for the preparation of a Government Bond Account, along with explanations related to accounting practices and a choice of topics for discussion regarding IFRS and company finance. It requires specific financial accounting knowledge and the ability to explain concepts clearly.
Answer
Prepare bond account, distinguish restructuring types, discuss accounting topics.
The final answer is to prepare a bond account, distinguish corporate restructuring types, and discuss selected accounting topics.
Answer for screen readers
The final answer is to prepare a bond account, distinguish corporate restructuring types, and discuss selected accounting topics.
More Information
When preparing the bond account, calculate interest and track transactions accurately. Pre-acquisition dividends refer to earnings before purchase, while post-acquisition dividends relate to earnings after purchase. Amalgamation is merging companies, absorption involves one company taking over another, and external reconstruction is reorganizing a failing company.
Tips
Common mistakes include miscalculating bond interest and misunderstanding dividend timelines.
Sources
- Financial Accounting - Sem-V - mldcc.com
- Amalgamation, Absorption and External Reconstruction - mgu.ac.in
