Financial Accounting-2

Financial accounting is a specialized branch of accounting that keeps track of a company's financial transactions. Using standardized guidelines, the transactions are recorded, summarized, and presented in a financial report or financial statement such as an income statement or a balance sheet.

In This Subject Following Topics are included. 

[1] Redemption of Redeemable Preference Shares Redeem  [2] Issuing of Bonush Shares  [3] Buy Back of Shares of Company  [4] Accounts of Underwritng Commission [5] Capital Reduction [6] Accounts of Insurance Company.