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plsss suggest me, friends

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Hi friends,this is Suman..I am a pcc student..Please refer me some good books about ACCOUNTANCY for pcc which will be easy to understand and book should consist lot of illustrations.plss also mention if this book has 2 part or not...

Also plss say,what is pre-acquisition profit and post acquisition profit?explain with example..

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5 Replies

CA. Dashrath Maheshwari (TaXpert) (15090 Points)
Replied 05 June 2009

I'll suggest Paduka's Book.

pre-acquisition profit
the retained profit of a company earned before a takeover and therefore not eligible for distribution as a dividend to the shareholders of the acquiring company. Its a capital profit

post-acquisition profit
the retained profit of a company earned after a takeover and therefore eligible for distribution as a dividend to the shareholders of the acquiring company. Its a revenue profit.

CA Swapnil (job ) (1205 Points)
Replied 05 June 2009

HANIF MUKHERJEE & PADHUKA...HANIF MUKHERJEE HAS MANY PROBLEMS...

Hitesh Kothari (Chartered Accountant M.No. - 134239) (326 Points)
Replied 05 June 2009

Dear Suman,

Profit earned by a Co prior to date of Certificate of Incorporation is called as Pre acqusition profit and after that it is Post acqusition Profit the above mentioned terms are used when the business acquired by some body.

If you have joined classess the n in my view no need to refer to any other book, for practical you can solve past qn from scanner.

Thanks & Regards

Hitesh

GOPINATH.V.J (CA FINAL) (131 Points)
Replied 05 June 2009

Hanif Mukherjee u will have concepts and illustrations many for understand the every adjustments..

CA.kaya (Chartered accountant) (3990 Points)
Replied 06 June 2009

scanner publication for accounts , author is arun kumar. its a text book. in that book both theory and practicle problems with solution is there.. i felt it really helpful for me..