### Viva-voce Project Instructions

Task:

1. Preparation of Financial Documents:
- Prepare Journal/Sub-division of Journal, Ledger, Trial Balance, and Financial Statements of a partnership firm based on a case study.

2. Case Study Development:
- Develop a case study showing how two or more friends decide to start a business with a certain amount of capital.
- Prepare their Partnership Deed including interest on capital, partner's salary, commission, interest on drawings, interest on partner's loan, and rent paid to a partner.

3. Transaction Details:
- Write in detail their transactions during the year: purchases (cash and credit), sales (cash and credit), expenses, purchase of fixed assets and depreciation charged on them, any outstanding expenses, prepaid expenses, accrued income, drawing bills of exchange, accepting bills payable, etc.
- Ensure the case study includes at least 15 transactions.

4. Journal Entries and Financial Statements:
- Pass the journal entries based on the case study.
- Post them into the ledger.
- Prepare a Trial Balance.
- Prepare the Trading and Profit and Loss Account, Profit and Loss Appropriation Account, and Balance Sheet.

5. Visual Representation:
- Depict various expenses for comparison purposes using bar diagrams and pie charts.

6. Accounting Ratios:
- Calculate relevant accounting ratios like liquidity, solvency, activity, and profitability, providing their formulas and computations.
- Show these ratios graphically and/or pictorially (using bar diagrams and pie charts).
- Compare these ratios with industry standards if possible.

Note: All tasks and calculations should be part of the viva-voce presentation.