Accounting 2

HIGHER SECONDARY CERTIFICATE 2028 Business Studies Group • English Version • Dhaka Education Board Accounting Second Paper Subject Code 254 Complete Chapter Notes Full syllabus • Labelled diagrams • Board style questions Prepared by Md Ahbab Hamid Khan ahbab.dev September 6, 2026

HSC 2028 • Accounting Second Paper • Code 254 1 Contents 1 Non Trading or Non Profit Organisation Accounts 6 1.1 Key terms of the chapter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 1.2 Who runs a non trading organisation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 1.3 The three final accounts and their order . . . . . . . . . . . . . . . . . . . . . . . . . . 7 1.4 Receipts and Payments Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 1.5 Income and Expenditure Account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 1.6 Receipts and Payments against Income and Expenditure . . . . . . . . . . . . . . . . . 8 1.7 Subscription, the favourite of the board . . . . . . . . . . . . . . . . . . . . . . . . . . 9 1.8 Capital items and revenue items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 1.9 Consumable stock, such as stationery and sports material . . . . . . . . . . . . . . . . 10 1.10 Outstanding, prepaid, accrued and advance . . . . . . . . . . . . . . . . . . . . . . . . 10 1.11 Capital fund and the opening balance sheet . . . . . . . . . . . . . . . . . . . . . . . . 11 1.12 Worked problem

HSC 2028 • Accounting Second Paper • Code 254 2 Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 3 Cash Flow Statement 29 3.1 Key terms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 3.2 What this statement is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 3.3 Why it matters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 3.4 Cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 3.5 The three activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 3.6 Operating activities: the direct method . . . . . . . . . . . . . . . . . . . . . . . . . . 31 3.7 Operating activities: the indirect method . . . . . . . . . . . . . . . . . . . . . . . . . 31 3.8 Non cash items and non cash transactions . . . . . . . . . . . . . . . . . . . . . . . . . 32 3.9 Finding a missing figure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 3.10 The full board format . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 3.11 Worked