Principles of Accounting Notes for I.Com (Part-II)

Principles of Accounting / Financial Accounting Notes for I.Com (Part-II) / I.Com Part 2 /2nd Year / 12th Class / XII / HSSC-II. Intermediate Level (HSSC-II) students of Federal Board of Intermediate & Secondary Education (FBISE) or any Board of Intermediate & Secondary Education of Punjab, Sindh, KPK, Balochistan and Azad Kashmir and can get benefit from these notes. By studying our notes, we can guarantee you for getting maximum marks in your exams.

Accounting Notes 2nd Year / 12th Class / XII / HSSC-II for Federal and Any Intermediate Board

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Solved Past Papers (Annual / Supplementary) for FBISE

Solved Past / Old Papers of  Principles of Accounting HSSC-II for Federal Board (FBISE)

Annual Papers

  1. 2016
  2. 2017
  3. 2018
  4. 2019
  5. 2020 ( due to Corona paper is not Conducted)
  6. 2021

Supplementary Papers

  1. 2016
  2. 2017
  3. 2018

Past Papers (Annual / Supplementary)

Solution of Principles of Accounting for I.com-II by M.Arif Ch and Sohail Afzal

Chapter Wise Notes and Practice Numerical Question with Answers

Depreciation , Provisions and Reserves

Partnership Accounts

Admission of  A New Partner 

  1. Sacrificing Ratio
  2. New Profit Sharing Ratio
  3. Calculate Sacrificing and New Profit Sharing Ratio
    1. When the new share of the incoming partner is given.
    2. When the new share of the incoming partner is not given.
    3. New profit sharing ratio is given. Calculate Sacrificing Ratio.

Retirement of  A New Partner 

  1. Gaining Ratio
  2. Calculate Gaining and New Profit Sharing Ratio
    1. When the new Profit Sharing Ratio of Old partner is given.
    2. When the new Profit Sharing Ratio of Old partner is given.

M.A Ghani

  1. Partnership Account

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