CBSE > Class 12 > Accountancy | CBSE Board | Homework Help

If goodwill appears in the books of the firm then it should be written off and then credit the amount sacrificed by sacrificing partners in sacrificing ratio

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state the ratio in which the partner share profit or loss on the revaluation of assets and liability when there is a change in profit sharing ratio among the existing partner

Posted by Akash Kumar 5 years, 11 months ago

CBSE > Class 12 > Accountancy

3 answers

Vinayak Gupta 5 years, 11 months ago

Old ratio

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Nishtha Girdhar 5 years, 11 months ago

Old ratio

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Maji Himdeep 5 years, 11 months ago

Sacrificing ratio

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Which book is more important

Posted by Harman Deep 5 years, 11 months ago

CBSE > Class 12 > Accountancy

2 answers

Rishabh Singhal 5 years, 11 months ago

Financial (20 marks) and east

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Vivek Dutt?? 5 years, 11 months ago

All

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Do you agree that window dressing is a advantage of a financial analyis?.

Posted by Tanu Gupta 5 years, 11 months ago

CBSE > Class 12 > Accountancy

2 answers

Vivek Dutt?? 5 years, 11 months ago

No it is limitation

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Rajni Devi 5 years, 11 months ago

1Thank You

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In cbse sample paper

Posted by Ravi Mishra 5 years, 11 months ago

CBSE > Class 12 > Accountancy

1 answers

Vivek Dutt?? 5 years, 11 months ago

What

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How to know dop %age in excell

Posted by Mayank Sharma 5 years, 11 months ago

CBSE > Class 12 > Accountancy

0 answers

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I want project file latest

Posted by Neelam Rajput 5 years, 11 months ago

CBSE > Class 12 > Accountancy

1 answers

Vivek Dutt?? 5 years, 11 months ago

Talk to ur teacher he/she tell u best

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A and B are partners ina firm having a capital of rs 54000 and rs 36000respectively. They admitted c for 1/3 share in the profits. C brought proportionate amount of capital. The capital brought in by C would be

Posted by Anshu Sharma 5 years, 11 months ago

CBSE > Class 12 > Accountancy

5 answers

Bhai Shubham 5 years, 11 months ago

How i can't understand

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Rajni Devi 5 years, 11 months ago

Correct answer is Rs45000

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Arti Gupta 5 years, 11 months ago

Correct ans is 45000

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Vivek Mishra 5 years, 11 months ago

45000 correct

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Anshu Sharma 5 years, 11 months ago

45000

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22 question of first sample paper with working notes

Posted by Kulvinder Singh 5 years, 11 months ago

CBSE > Class 12 > Accountancy

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If a firm has assets rs. 75000 including cash of rs.5000.The partner's capital a/c showed a bal. Of rs. 60000 and reserves constituted the rest. If tge normal rate of return is 20%. Find normal profit...plzz anyone help

Posted by Tanika Prajapati 5 years, 11 months ago

CBSE > Class 12 > Accountancy

2 answers

Rajni Devi 5 years, 11 months ago

Normal profit is Rs 15000 Working note := 75000×20%= 15000

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Yash Pant 5 years, 11 months ago

Rs 15000

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Sample paper ka 22 question what is the solution of this question?

Posted by Ritanshi Mahajan 5 years, 11 months ago

CBSE > Class 12 > Accountancy

1 answers

Samar Gagneja Panjabi Boy Samar 5 years, 11 months ago

From which sample paper

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Treatment of goodwill in the event of change in profit sharing ratio whw goodwill account is opened

Posted by Abcd Abcd 5 years, 11 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Which book is best for scoring high ?

Posted by Shradha Malpani 5 years, 11 months ago

CBSE > Class 12 > Accountancy

2 answers

Rajni Devi 5 years, 11 months ago

Unsolved Oswal Sample paper is best ??

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Rigved Singh Yadav 5 years, 11 months ago

Knowledge with practice is best to score high

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From the following Balance Sheet of India Ltd. and the additional information given made out the Cash Flow Statement: Liabilities 2007 2008 Assets 2007 2008 Share Capital 3,00,000 4,00,000 Goodwill 1,15,000 90,000 Mortgage Loan 1,50,000 1,00,000 Land & Building2,00,000 1,70,000 General Reserve 40,000 70,000 Plant 80,000 2,00,000 P & L A/c 30,000 48,000 Debtors 1,60,000 2,00,000 Proposed Div. 42,000 50,000 Stock 77,000 1,09,000 Creditors 55,000 83,000 Bills Receivable 20,000 30,000Bills Payable 20,000 16,000 Cash in hand 15,000 10,000 Provisions for Taxation40,000 50,000 Cash at Bank 10,000 8,000 6,77,000 8,17,000 6,77,000 8,17,000 Additional information: (1)Depreciation of Rs.1,000/- and Rs.20,000/- has been charged on Plant and Land & Building respectively in 2006-07. (2)The interim dividend of Rs.20, 000/- has been paid in 2007-08. (3)Income Tax of Rs.35, 000/- was paid during the year 2007-08

Posted by Kali Gupta 5 years, 11 months ago

CBSE > Class 12 > Accountancy

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ANSWER

X and Y are in partnership sharing profits and losses in the ratio of 2:1. They decided to admit Z, their manager, as a partner giving him 1/5th share of profit. Z, while a manager, was receiving a salary of ` 25,000 per annum plus commission of 10% of the profits after charging such salary and commission. It was also agreed that any excess amount which Z receives as a partner (over his salary and commission) will be borne by X. Profit for the year amounted to ` 3,22,000, before paying the salary and commission. Prepare Profit and loss appropriateion account.

Posted by Mehak Saifi 5 years, 11 months ago

CBSE > Class 12 > Accountancy

4 answers

Mohit Kumar 5 years, 11 months ago

Love method...hoga mehak??

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Rajni Devi 5 years, 11 months ago

Method is = profit + as a manager salary and commission- as a partner salary After this adjustment profit ×partner 's share

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Tanishk Singhal 5 years, 11 months ago

Z as a partner recived 322000 ×1÷5 of profit which is 64400 & a manager 52000 (25000+27000) 322000-52000 =270000 ×2÷3=180000 excess 12400 born by X= 167600 270000 ×1÷3=90000

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Mehak Saifi 5 years, 11 months ago

Plz..koi method btaio bss...pl,

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What Will be the journal entry for adjustment of discount on issue of dabenture if the spr amount is more than discount amount

Posted by Sukmith Lepcha 5 years, 11 months ago

CBSE > Class 12 > Accountancy