No products in the cart.

Kunal and Saurabh are equal partners …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Kunal and Saurabh are equal partners On 1st Jan 2017 their capitals were 20,000 and 16,000 respectively. Interest on capital is to be allowed 10% pa from profit prior to division thereof, the net profit for the year ending 31st Dec. 2017 before allowing interest on capital amounted to 9,800. Pass Journal entries and prepare Profit and Loss Appro priation Account.

Posted by Harsha Chandravanshi 2 years, 2 months ago

Chhattisgarh Board > Class 12 > Accountancy

1 answers

Shristi Namdeo 1 year, 4 months ago

Solve

ANSWER

http://mycbseguide.com/examin8/

Related Questions

साझेदार का फर्म का विध्टन

Posted by Chetan Dhiwar 1 year, 2 months ago

Chhattisgarh Board > Class 12 > Accountancy

0 answers

Accounting for debentures: issue

Posted by Prem Kol 2 years ago

Chhattisgarh Board > Class 12 > Accountancy

0 answers

Amit Sumit and Namit are partners sharing profit in the ratio of 3 is to 2 is to 1 on 1st April 2018 they decided to share our profit and loss equally on that date there was a credit balance of 120000 in their profit and loss account and balance of 60010 general reserve record the necessary general entry in the book of the form the partner decided to distribute the profit and the general reserve before bringing in new profit sharing ratio into force

Posted by Kashish Bais 2 years, 3 months ago

Chhattisgarh Board > Class 12 > Accountancy

0 answers

class 12 numerical question

Posted by Anil Kashyap 1 year, 3 months ago

Chhattisgarh Board > Class 12 > Accountancy

0 answers

A,B and C are partners sharing profit and loss account in the ratio of 4:3:2. On 1st April 2018 they decided to share profit and loss equally. On that date books of accounts show ₹ 1,80,000 in general reserve, ₹ 60000 in workman compensation fund and credit balance of ₹ 45,000 in profit and loss account. Pass journal entries for the above trading that the above may be transferred to partners capital

Posted by Rinki Gupta 4 months ago

Chhattisgarh Board > Class 12 > Accountancy

0 answers

Kunal and Saurabh are equal partners On 1st Jan 2017 their capitals were 20,000 and 16,000 respectively. Interest on capital is to be allowed 10% pa from profit prior to division thereof, the net profit for the year ending 31st Dec. 2017 before allowing interest on capital amounted to 9,800. Pass Journal entries and prepare Profit and Loss Appro priation Account.

Posted by Harsha Chandravanshi 2 years, 2 months ago

Chhattisgarh Board > Class 12 > Accountancy

1 answers

Amit Sumit and Namitha partner sharing profit in the ratio of 3 ratio 2 ratio 1 on 1st April 2018 the decided to share our profit and loss equally on that they there was a credit balance of 220000 in their profit and loss account and balance of Rs 60000 in general reserve record the necessary journal entry in the books on the firms the partner decided to distribute the profit and a general reserve before bringing the new profit sharing ratio into force

Posted by Tripti Sahu 1 year, 4 months ago

Chhattisgarh Board > Class 12 > Accountancy

0 answers

Y limited issued 15000 12%. preference Share @@ Rs. 10/- each. Tu amount have been received in clump-sum Pass Journal entend.

Posted by Pushkar Ganjeer 1 year, 9 months ago

Chhattisgarh Board > Class 12 > Accountancy

0 answers

Surya Tulsi Bhushan aur partner sharing profit and loss in the ratio of 6 is 25 is 23 their balance sheet on 31st December 2004

Posted by Kashish Bais 2 years, 2 months ago

Chhattisgarh Board > Class 12 > Accountancy

0 answers

X and y share profit in the ratio

Posted by Ishika Singh 1 year, 2 months ago

Chhattisgarh Board > 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