No products in the cart.

Journalise the following transactions at the …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Journalise the following transactions at the time of issue of 12% debentures ABC Limited issued Rs 90000, 10% debentures of RS 100 each at a discount of 5% redeemable at 110%.... 2) KBC Limited redeemed Rs 190000 , 14% debentures of 100 each issued at par by converting them into equity shares of 10 eachissued at premium of 25%.....3) JK Limited purchase its own 3000, 12% debentures of 100 each at 96 for debentures for immediate cancellation. Ignore entries for debenture redemption reserve,debenture redemption investment and interest .

Posted by Nisha Deshwal 8 years, 3 months ago

CBSE > Class 12 > Accountancy

13 answers

Nisha Deshwal 8 years, 3 months ago

M calculator use nahi krti ..

Prabhjot Singh 8 years, 3 months ago

To calculator ki habit mat dala karo

Nisha Deshwal 8 years, 3 months ago

Fir thik h , yr koi v mistake kr skta h calculation me ..mere se ho gayi?

Prabhjot Singh 8 years, 3 months ago

Noo

Nisha Deshwal 8 years, 3 months ago

Majak bana rahe ho?

Prabhjot Singh 8 years, 3 months ago

Yeah.....congratulations

Nisha Deshwal 8 years, 3 months ago

Rendo AA gaya amt , calculation me problem thi?

Prabhjot Singh 8 years, 3 months ago

Aare konsi entry ka amount bolu

Nisha Deshwal 8 years, 3 months ago

Jb it a hi easy h toh m fir see try kr k dekhti hu

Nisha Deshwal 8 years, 3 months ago

Chlo chhodo m apne aap hi try krlungi ...

Prabhjot Singh 8 years, 3 months ago

Konsa amount

Nisha Deshwal 8 years, 3 months ago

aata h toh batado, amt me mistake ho Rahi h mere

Prabhjot Singh 8 years, 3 months ago

Very very easy

ANSWER

https://examin8.com

Test

Related Questions

U and V Were Partners in a firm

Posted by Tanishk Kabra 1 year, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

B and C are partner sharing profit in the ratio 3 2. Goodwill appears in the book at Rs3000 DIs admitted into partnership on payment of 2000 for 1/4, share as goodwill .B and C between themselves.Sharing future profit and loses equally given journal.

Posted by Palak Sharma 1 year, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

Gita Radha and Garv are partner sharing prophets in the ratio of 1 by 2 2 by 5 and 1 by 10 find the new profit sharing ratio of the remaining partners if girl retires

Posted by Mahi . 1 year, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

The capital of the firm of anuj and benu is , 100000 and the market rate of interest is 15% . Annual salary to the partner is 60000 each. The profit for the last three years were , 300000 ,360000 , 420000. Goodwill of the firm is to be valued on the basis of two years purchase of last three years average super profit

Posted by Annu Sahani 1 year, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

On 1st April ,2019 ,Mathew Ltd issued 10,000,9%Debentures of rs.100each at a discount of 5%,redeemable at premium of 5%.These debentures were redeemable as follows: On 31st March ,20-2000debentures On31st March,21. 5000Deb On 31st March 22. 3000Debentures . Prepare account for loss on issue of debenture , 9%Debentures ,and premium on redemption

Posted by Riya Chandan 1 year, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

Accounting for partnership Firms Fundamentals notes

Posted by Mohd Aman Mansoori 1 year, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

Q. 120. Risha and Nisha were partners. The partnership deed provides: (1) That the accounts be balanced on 31st December each year. (ii) The profits be divided as follows: Risha one-half, Nisha one-third and carried to Reserve account one-sixth. (ii) That in the event of death of a partner, her executor will be entitled to the following: (a) The capital to her credit at the date of death. (b) Her proportion of profit to date of death based on the average profits of the last three completed years. (c) Her share of goodwill based on three year's purchase of the average profits for the three preceding completed years. On 31st December, 2020 the Trial Balance was as under: Particulars Risha's Capital Nisha's Capital Reserves Bills Receivables Investments Cash Creditors Dr. (3) Cr. (3) 90,000 60,000 30,000 50,000 40,000 1,10,000 20,000 2,00,000 2,00,000 The profits for the three years were: 2018 ₹4,200; 2019 ₹3,900 and 2020 ₹4,500. Nisha died on 31st May, 2021. Draw up the deceased Partner's Capital A/c and Executor's A/c. Ans. Balance due to Nisha's Executor's ₹77,740.]

Posted by Srishti Arya 1 year, 5 months ago

CBSE > Class 12 > Accountancy

0 answers

Rao and Majumdar are partners sharing profits and losses in the ratio of 3: 2. Rao died on 31st December, 2020. The following was the Balance Sheet on that date: Payment to Executors in Instalments Liabilities Amount Assets Amount ed on 281 Creditors Reserve Rao's Capital Majumdar's Capital 24,000 Cash at Bank 15,000 Stock 18,000 40,000 Amount 18,000 25,000 Debtors Furniture 20,000 35,000 The share of Rao in firm's goodwill was agreed at 36,000. Assets and liabilities were valued reasonably. Assuming that 10,000 was paid immediately on January 1, 2021 and the balance was payable in three equal instalments on 31st December every year and interest was payable @ 12% per annum on unpaid balance. Prepare Rao's Executor's Account.

Posted by Palak Kumari 7 months ago

CBSE > Class 12 > Accountancy

0 answers

Ativ, Meha and Nupur were partners in a firm sharing profits and losses in the ratio of 5 : 3:2. On 31-03-2016 their Balance sheet was as under: Liabilities Amount (T) Assets Amount (R) | Trade Creditors 26,500 Bank 23.500 Debtors 1,00,000 Stock 50,000 Fixed Assets 40,000 Advertisement Expenditure 25,000 Employees Provident Fund Ativ's Capital Meha's Capital 30,000 55,000 1,20,000 Nupur's Capital 10,000 2,40,000 2,40,000 Ativ retired on 1-4-2016. For this purpose, the following adjustments were agreed upon: (i) Goodwill of the firm was to be valued at 2 years purchase of the average profits of 3 completed years preceding the date of retirement. The profit for previous years were: 2013-14 55,000; 2014-15 7 65,000; 2015-16 7 60,000.

Posted by Munni Lal 1 year, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

Q. 46. Ayushi and Shristhi are partners sharing profits in 3 : 2. Their Balance Sheet showed Stock at ₹3,10,000; Machinery at ₹4,95,000; Debtors at ₹6,00,000; Creditors at ₹3,47,000. They admit Tina as a partner and new profit sharing ratio is agreed at 4: 3: 2. Following terms were agreed : (1) Machinery is overvalued by 10%. (ii) Unrecorded debtors of ₹20,000 be brought into books and provision for doubtful debts be created at 10%. (iii) Creditors of ₹27,000 are not likely to be paid. Shristhi's share in loss on revaluation amounted to ₹36,000. You are required to calculate the revalued value of stock

Posted by Shashank Shukla 1 year, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App