Unit 1 : Profit or Loss Prior to Incorporation......................7
1.1 Meaning of Pre and Post Incorporation of Profit or Loss
1.2 Computing Profit or Loss Prior to Incorporation, Basis of Apportionment of
Profit or Loss Pre and Post Incorporation
1.3 Practical Problems on Pre and Post Incorporation Profit or Loss.

Unit 2 : Amalgamation of Company...................................32
2.1 Meaning of Amalgamation, Merits and Demerits of Amalgamation, Types of Amalgamation
2.2 Determination of Purchase Consideration, Methods of Accounting for Amalgamation
2.3 Necessary Ledger Accounts
2.4 Practical Problems on Amalgamation

Unit 3 : Absorption of Company..........................................68
3.1 Absorption Meaning, Objects, Merits Demerits of Absorption
3.2 Methods of Absorption, Calculation of Goodwill or Capital Reserve.
3.3 Entries in Purchaser Company Books, Entries in Vendor Companies Book
3.4 Accounts in Vendor Companies Books, Preparation of Balance Sheet in New Company, Vendor Company Funds Regarding to Absorption of the Company
3.5 Practical Problems on Absorption of Company

Unit 4 : Liquidation of Company................................106
4.1 Meaning of Liquidation, Voluntary Liquidation, Winding-Up Under Supervision of the Court, Compulsory Liquidation
4.2 Difference Between Liquidation and Insolvency, Liquidator Statement of Account, Preferential Creditors, Return of Capital to Shareholders, Statement of Affairs, Deficiency Account.
4.3 Rules Regarding Dividend of Preference Shares, Calculation of Liquidators Remuneration and Their Lists
4.4 Practical Problems on Liquidator Statement of Accounts