Edaccountancy

ACCA What is ACCA? The ACCA (Association of Chartered Certified Accountants) is a leading global qualification for accountants, providing in-depth knowledge in accounting, finance, and business management. Why Should You Choose ACCA? 🤔 Global Recognition 🌍 🌟: Respected worldwide, enhancing your career prospects internationally.  Comprehensive Curriculum 🙈: Covers everything from basic to advanced financial concepts. Flexible Learning: Study online or in-person to fit your schedule. Real-World Experience: Apply your knowledge through practical work experience. 🧑‍💻 Ethics Focus: Learn about professional ethics and standards. 🧑‍🏫 Course Structure Applied Knowledge 🧠: Basics of accounting and business. Applied Skills : Intermediate skills in financial management and taxation. Strategic Professional: Advanced skills in strategic management and leadership. With an ACCA qualification, you can work in roles such as: Financial Accountant 📑: Manage financial data and reporting. Manage

Introduction: Amitbhai and Narendrabhai are in Partnership sharing Profits and losses equally. from the following Trail balance and Adjustments given below, you are required to prepare Trading and Profit and Loss Account for the year ended 31st March, 2019 and Balance Sheet as on that date. "In this updated guide, we provide a comprehensive accounting solution for Amitbhai and Narendrabhai's are in partnership. This includes detailed steps for preparing the Trading and Profit & Loss Account and Balance Sheet as of 31st March 2019. Recent updates include additional examples, enhanced explanations, and a clearer breakdown of complex concepts to help accounting students better understand the process."     Trail Balance as on 31st March 2019:     Debit Balance   Amount ₹   Credit Balance   Amount ₹   Plant & Machinery   2,80,000   Capital A/c: Amitbhai   3,50,000   Factory Building   75,000   Capital A/c: Narendrabhai   3,00,000   Sundry Debto