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Inventory

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Inventory

    • Posted by Naveen Sharma 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Harsh Singh 6 years, 10 months ago

    Inventory or stock is the goods and materials that a business holds for the ultimate goal of resale. Inventory management is a discipline primarily about specifying the shape and placement of stocked goods.

    0Thank You

    Mohit Dixit 6 years, 10 months ago

    Inventory ka Mtlb hai stock Iska main head hai current assets

    0Thank You

    Vanshika Garg 6 years, 10 months ago

    Stock

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    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, 4 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, 5 months ago

    CBSE > Class 12 > Accountancy
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    U and V Were Partners in a firm

    • Posted by Tanishk Kabra 1 year, 5 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    • Posted by Srishti Arya 1 year, 2 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, 4 months ago

    CBSE > Class 12 > Accountancy
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    • Posted by Mohd Aman Mansoori 1 year, 5 months ago

    CBSE > Class 12 > Accountancy
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    • Posted by Palak Sharma 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 3 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    • Posted by Annu Sahani 1 year, 5 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, 5 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers

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