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  • 1 answers

Mehak Kaur 6 years ago

Cash flow Statetment
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Sia ? 4 years, 6 months ago

P&L account reports the profit generated for an accounting period. P&L appropriation account shows how the profits will be distributed to relevant aspects such as dividend payments and reserves.
Preparation
P&L is an account prepared by all types of businesses. P&L appropriation account is prepared by partnerships and companies.
Opening Balance and Closing Balance
P&L is prepared for a specific accounting year, thus does not have an opening balance and closing balance. P&L Appropriation Account is brought forward from the previous year and will be carried forward to the next, thus have an opening and closing balance.
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Abhishek Sharma 6 years ago

Aveage profit method ,super profit method, capitalisation method.

Yogita Ingle 6 years, 1 month ago

It is the reputation of a firm which enables it to earn higher profits in comparison to the normal profits earned by other firms in the same business.

There are two distinct types:

  • Purchased: Purchased goodwill is the difference between the value paid for an enterprise as a going concern and the sum of its assets less the sum of its liabilities, each item of which has been separately identified and valued.
  • Inherent: It is the value of the business in excess of the fair value of its separable net assets. It is referred to as internally generated goodwill and it arises over a period of time due to the good reputation of a business.
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Garvit Singh 6 years, 1 month ago

Plese send the answers
  • 1 answers

Swati Srivastava 6 years, 1 month ago

There no entry related to cash withdrawal in cash flow statement
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Jay Clips Official 6 years, 1 month ago

That is credited to partners capital account

Sambhav Monu 6 years, 1 month ago

Introduced during the mid of financial year
  • 1 answers

Pratap Bharti 6 years, 1 month ago

Because it is o/s in previous year but we cal. current year's subscription ✌️
  • 2 answers

Jay Clips Official 6 years, 1 month ago

When new partner came the ratio which he gets from existing partners is known as gaining ratio

Nandini Bhargava 6 years, 1 month ago

New ratio - old ratio
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Shruti Singh 6 years, 1 month ago

How to pass journal entries of ch2
  • 3 answers

Akash Gaur 6 years, 1 month ago

Arihant

Pratap Bharti 6 years, 1 month ago

Oswaal

Abhijeet Gaur 6 years, 1 month ago

Sahitya bhawan
  • 2 answers

Sachin Upreti 6 years ago

1 oct is not a withdrawal date, date is not mentioned here so we calculate interest on half of the given time period which is 3 months

Mahesh Kumar 6 years, 1 month ago

6000×12/100×6/12=360
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Mahesh Kumar 6 years, 1 month ago

Current liability=80000 ; current asset =200000
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Kalu Singh 6 years, 1 month ago

Send the blue print of economics
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Mohit Sardhana 6 years, 1 month ago

Only sunita aare sac for 1/15

Bhavya Saini 6 years, 1 month ago

Old ratio = 3 : 2 new ratio = 2 : 1 Sacrificing ratio = old ratio - new ratio Anta's sacrificing ratio = 3/5 - 2/3 = (9-10)÷15 = - 1/15 Sunita 's sacrificing ratio = 2/5 - 1/3 =(6 - 5)÷15 = 1/15
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Vishnu Kumar Patidar 6 years, 1 month ago

www.meritnation.com
  • 3 answers

Maanvi Chouhan? 6 years, 1 month ago

Entry will be ----- share application -----dr to share capital To bank (excess refunded)

Maanvi Chouhan? 6 years, 1 month ago

This is entry of refunding

Vishnu Kumar Patidar 6 years, 1 month ago

in the entry of due of the application we credit the bank a/c with the same amount of rejected
  • 2 answers

Abhiraj Gupta 6 years, 1 month ago

Sorry 1 thing i have written wrong in this que, there should be 5%instead of 55 but according to the que Your solution is correct Thankyou ?

Vishnu Kumar Patidar 6 years, 1 month ago

1..1.bank a/c. dr.. 155000 to debenture app. a/c. 155000 2. debenture app.a/c. dr.. 155000 loss on issue of debenture a/c. dr.. 10000 to 7%debenture a/c. 100000 to s.p.r. a/c. 55000 to premium on redem. of deb. 10000 2.. 1. bank a/c dr.. 95000 to debentur app. a/c 95000 2. debenture app. a/c dr.. 95000 dicount on issue of deb.a/c. dr.. 5000 to 7%debenture a/c 100000

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