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Do we divide machinery replacement fund in partnership?

Posted by Payal Sharma (Mar 22, 2017 5:54 p.m.) (Question ID: 4396)

  • Answers:
  • No we dont.

    Answered by Aditi Sidhar (Mar 22, 2017 6:51 p.m.)
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Sir can you tell me that how many marks are allotted in dissolution of partnership chapter in exam for preparation of board exams






Posted by Vijay Rangappa (Mar 22, 2017 3:35 p.m.) (Question ID: 4392)

How calculations of employee stock option plan has been taken it is too confusing  please answer me my exams are near


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Posted by Mayank Sharma (Mar 21, 2017 11:08 p.m.) (Question ID: 4366)

How to prepare executor loan account

Posted by Sagar Kumar (Mar 20, 2017 11:05 p.m.) (Question ID: 4282)

What is a capital.?

Posted by Pintu Chandra (Mar 19, 2017 7:45 p.m.) (Question ID: 4146)

In dissolution, how interest accrued on partner's loan is treated? Is it transferred to realisation A/c ?

Posted by Shreeya Shah (Mar 18, 2017 9:56 a.m.) (Question ID: 4046)



Posted by Arvind Jain (Mar 17, 2017 10:12 p.m.) (Question ID: 4033)

can we attempt the exam in reverse order....our enthusiasm level is full at starting of the exam....and we are exhausted till the last minute....doing 6-8 marks questions in the starting will help us in getting the answer.

can we do so?

Posted by Jasgul Bambah (Mar 17, 2017 3:45 p.m.) (Question ID: 3991)

  • Answers:
  • Ans. You can answer any question at any time, but make sure the question number you are giving  is same as that is in question paper. Dont make your own question number. It doesn't matter if you are answering questiom number  25th first and question number first at last. 

    All the best!

    Answered by Naveen Sharma (Mar 17, 2017 5:01 p.m.)
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How should I prepare for accounts???

Posted by Sanjana Sood (Mar 15, 2017 9:48 p.m.) (Question ID: 3881)

  • Answers:
  • Do as more and more sample paper provided by cbse also. Also revise the book and its main points

    Answered by Muskan kakkar (Mar 16, 2017 12:38 a.m.)
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What to do when deed is silent obout appropreation or charge of items in this case .. what should be the prority?

Posted by Sahil Gupta (Mar 13, 2017 4:33 p.m.) (Question ID: 3685)

Is employement stock option plan is in the syllabus for 2k16-17?....


Posted by Anurag Renuj (Mar 02, 2017 6:33 a.m.) (Question ID: 2893)

Stock turnover ratio is 2.5 times average stock is Rs. 40000 what will be cost of good sold if profit 25% cost?

Posted by Affan Khan (Mar 01, 2017 7:33 p.m.) (Question ID: 2879)

  • Answers:
  • Inventory turnover ratio =                                  cogs/average inventory


    Inventory turnover ratio=2.5 times

    Average inventory=40000

    Cogs=2.5 × 40000=[100000]ans.

    Answered by pooja rajput (Mar 01, 2017 10:31 p.m.)
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In consideration other than cash,chap_ debenture ,...., if the no. Of debentures comes in point like ....4222.2 etc..., we  use  fraction method , can we do the ques directly with out using it......?

Posted by nishant Bhardwaj (Feb 28, 2017 11:05 p.m.) (Question ID: 2835)

  • answer me...... 


    Posted by nishant Bhardwaj (Mar 01, 2017 12:44 p.m.)
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Actually I am not so much confident in accounts ,please suggest me ,how can I prepare for it ... and how can I build speed in accounts  ? Please suggest me some tips which help me to score good marks in accounts .......... 

Posted by nishant Bhardwaj (Feb 27, 2017 2:40 p.m.) (Question ID: 2727)

  • Teacher please reply.....

    Posted by nishant Bhardwaj (Mar 17, 2017 10:42 a.m.)
  • please reply me .... it is very important for me to know about it ................................ thank you..


    Posted by nishant Bhardwaj (Mar 01, 2017 12:42 p.m.)
  • I am not getting my answer ... reply me first...


    Posted by nishant Bhardwaj (Feb 28, 2017 11:16 p.m.)
  • Please reply me...........

    Posted by nishant Bhardwaj (Feb 28, 2017 11:58 a.m.)
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  • Answers:
  • You can solve sample paper more & more    that will increase your confidence level now

    Answered by tushar vijaywargiya (Mar 20, 2017 7:36 p.m.)
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What is goods in transist

Posted by Jashan Bachhal (Feb 26, 2017 4:10 p.m.) (Question ID: 2689)

Is coversion method of redeeming in syllabus of 2016-2017..or not?

Posted by Vikas Kumar (Feb 26, 2017 12:12 p.m.) (Question ID: 2675)

  • Answers:
  • No it is not in syllabus 

    Answered by Riya Girdhar (Feb 26, 2017 5:20 p.m.)
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B a retiring partner who has the credit balance of rupees 1lakh has been paid 10% in cash. Journalism.

Posted by ÁBHÍŚHÉĶ PÁŃĐÉÝ (Feb 23, 2017 1:07 p.m.) (Question ID: 2488)

  • Answers:
  • B's capita  account Dr.        10000

                 To cash account                        10000

    Answered by Riya Girdhar (Feb 23, 2017 2:59 p.m.)
    Thanks (1)
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Where do we show premium on debenture redemption reserve under balance sheet

Posted by Muskan Kapoor (Feb 15, 2017 4:41 p.m.) (Question ID: 2146)

  • Answers:
  • Ans. When the debentures are redeemed at a price more than its face value or the par value, then it is said that the debentures are redeemed at premium.

    The difference between the redeemed price and the par value is regarded as a capital loss and this loss is written off till the redemption of the debentures.

    The Premium on Redemption of Debenture is shown on the Liabilities side of the Balance Sheet under the head of “Current Liabilities and Provisions” debentures are redeemed.

    Answered by Naveen Sharma (Feb 15, 2017 5:19 p.m.)
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Treatment of provision for doubtful debts in cash flow statement 

Posted by Nikhil pandey (Feb 14, 2017 3:40 p.m.) (Question ID: 2111)

How does change in inventory calculated while estimating operating profit ratio 


Posted by Kishan Mishra (Feb 10, 2017 9:03 p.m.) (Question ID: 1988)

  • Answers:
  • There is no need to calculate change in inventory for operating profit ratio

    Answered by Riya Girdhar (Feb 13, 2017 10:02 a.m.)
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Rahul started business with rs 3000000 which he arranges by getting a loan of rs 2000000 from his father and rs 1000000 from bank @12 % interest p.a

He bought machines for  rs1500000,  raw materials for rs 780000 and paid rent of rs 12000 during tha year. Interest of bank loan is outstanding at his disposal has been spent on various activities.  Prepare cash flow statement 

Posted by Asma Khan (Feb 06, 2017 9:36 p.m.) (Question ID: 1872)

Demonstration is a part of Accounting 

Posted by saksham khotiyan (Jan 31, 2017 11:10 p.m.) (Question ID: 1728)

Is there any provision for the maximum amount that can be called on allotment other than that stated in table F of companies act 2013

Posted by Kshitiz Agarwal (Jan 28, 2017 10:35 p.m.) (Question ID: 1660)

When does the capital account of a partner not  show a debit balancein spite of regular losses incurred by the firm?

Posted by Rahul Sk (Jan 28, 2017 9:16 a.m.) (Question ID: 1643)

  • Answers:
  • Ans. In Brief there are only two explanations-

    1) The capital system followed is fixed:

    • Under this system two accounts are maintained, those are Capital A/c and a Current A/c.
    • All losses are debited to the Current A/c and the Capital account only has entries if capital permantly withdrawn or added in the year.
    • Here, the capital account cannot show a debit balance as the owner cannot withdraw more than what has has contributed. 

    2) The capital system followed is fluctuating:

    • Under this system, only capital account is maintained.
    • All the losses are debited to this account only and it is possible that this account has a debit balance.
    • However, the accumulated profits/reserves of the firm might be huge or the losses incurred might be insignificant compared to the profit earned by the firm/ reserves kept. So, these reserves help in meeting the losses and the owner’s capital account can still show a credit balance.
    Answered by Naveen Sharma (Jan 28, 2017 10:02 a.m.)
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  • Ans.When the capital accounts of partners are fixed, they always show a Credit Balance.

    Answered by Naveen Sharma (Jan 28, 2017 9:55 a.m.)
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If there is a debit balance in partners current account .will interst on drawingbe charged on it

Posted by Smn Chhn (Jan 27, 2017 1:12 p.m.) (Question ID: 1630)

Can Debentures be redeemed before its maturity date? 

Posted by Sagar Badhwar (Jan 26, 2017 8:30 a.m.) (Question ID: 1606)



Posted by sukanya bhattacharyya (Jan 24, 2017 11:08 a.m.) (Question ID: 1582)


    Posted by aditya manjare (Feb 02, 2017 5:20 p.m.)
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When bills payable are paid in realisation ac at d time of disolution do we in bank ac

Posted by Muskan Kapoor (Jan 20, 2017 5:06 p.m.) (Question ID: 1487)

What is the treatment of "interest on short term borrowings" in cash flow statement

Posted by Ritik Garg (Jan 15, 2017 12:52 p.m.) (Question ID: 1379)

To calculate goodwill by weighted avg method , are we to adjust for abnormal profits or losses?

Posted by Niks Sharma (Jan 13, 2017 2:48 a.m.) (Question ID: 1332)

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