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Bright Soluble Private Limited: a case study on accounting process

Puneet Dubblish (Department of Accounting and Finance, Jaipuria Institute of Management Noida, Noida, India)
Shikha Bhatia (Department of Finance, International Management Institute, Delhi, India)

Publication date: 15 May 2020

Abstract

Learning outcomes

Learning outcomes of this paper are to analyse, record and classify financial transactions; prepare unadjusted trial balance; record the adjustment and closing entries and prepare post-closing trial balance; and prepare financial statements.

Case overview/synopsis

The case aims to induce users to draw up financial statements from the details provided. The complete accounting process is covered through solving the case. The case follows a start-up company from its first set of financial transactions to preparing the first set of financial statements. The case will help in application of accounting concepts, principles and the processes for recording transactions and preparation of financial statements.

Complexity academic level

The case is best suited for senior undergraduate- and graduate-level students of management/business schools in the courses of introductory financial accounting, intermediate accounting and financial reporting.

Supplementary materials

Teaching notes are available for educators only.

Subject code

CSS 1: accounting and finance.

Keywords

Acknowledgements

Disclaimer: This case is written solely for educational purposes and is not intended to represent successful or unsuccessful managerial decision-making. The authors may have disguised names and financial and other recognizable information to protect confidentiality.

Citation

Dubblish, P. and Bhatia, S. (2020), "Bright Soluble Private Limited: a case study on accounting process", , Vol. 10 No. 2. https://doi.org/10.1108/EEMCS-05-2019-0087

Publisher

:

Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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