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Profit and loss Appropriation account

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Profit and loss Appropriation account

Posted by Samiksha Patel 10 months, 3 weeks ago

MP Board > Class 12 > Accountancy

1 answers

Dev Gour 10 months, 2 weeks ago

What is profit

ANSWER

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MP Board > Class 12 > Accountancy

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Ameer and basheer partners sharing profits in the ratio of 3 : 2. From 1st Jan. 2018 they admit Sameer into partnership giving him 1/5th share of the profit; with a guarantee of 16,000 minimum. Ameer and Basheer as between themselves continued to share profit as before. Profit of the firm for 2018 was ₹ 40,000. Prepare Profit and Loss Appropriation A/c.

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MP Board > Class 12 > Accountancy

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Posted by Vanisha Saxena 1 week, 2 days ago

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A Ltd co. Issued 5000 equity shares of 100 each at 5% premium. The amount was payable as follows.on application 30 on allotment 35 and on first and final call 40 all the amounts were received in proper time.give necessary general entries.

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MP Board > Class 12 > Accountancy

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Posted by Vanisha Saxena 1 week, 2 days ago

MP Board > Class 12 > Accountancy

0 answers

28. Ameer and basheer partners sharing profits in the ratio of 3 : 2. From 1st Jan. 2018 they admit Sameer into partnership giving him 1/5th share of the profit; with a guarantee of 16,000 minimum. Ameer and Basheer as between themselves continued to share profit as before. Profit of the firm for 2018 was ₹ 40,000. Prepare Profit and Loss Appropriation A/c.

Posted by Account Deleted 1 month ago

MP Board > Class 12 > Accountancy

1 answers

A limited company issues 4000,6% debentures of 100rs each of 10% discount payable as 10 on application 30 on allotment 40 on first call and rest on second call pass journal entry

Posted by Divyansh Kushwah 5 months, 3 weeks ago

MP Board > Class 12 > Accountancy

1 answers

Explain liquidity ratio.

Posted by Vanisha Saxena 1 week, 2 days ago

MP Board > Class 12 > Accountancy

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