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Nirman and Pawan apartment selling profit …

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Nirman and Pawan apartment selling profit and ratio 3:2 the farm at given learn to common of 5 lakh on 1st April 2023 interface was be to be charged 10% per annum the firm to clone tool of 2 lakh from Nirmal on this first December 2013 before give me a fact on the above the fun in card a loss of 100 for the year and 35 March 24 determine the amount to 2B transfer to profit and loss appropriation account

Posted by Lokesh Kumar 6 months ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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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 month, 1 week ago

CBSE > Class 12 > Accountancy

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Posted by Palak Kumari 3 months, 3 weeks ago

CBSE > Class 12 > Accountancy

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Posted by Tanishk Kabra 4 months, 1 week ago

CBSE > Class 12 > Accountancy

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Posted by Shashank Shukla 3 months, 3 weeks ago

CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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Posted by Annu Sahani 4 months ago

CBSE > Class 12 > Accountancy

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Posted by Mahi . 3 months, 4 weeks ago

CBSE > Class 12 > Accountancy

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