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

Dissolution of firm means closure of business,books, so automatically end of relationship of partners Dissolution of partnership means only the end of relationship between partners so it can be due to change in profit sharing ratio, admission of new partner, death or retirement if partner.

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Anybody have a SPECIFIC PROJECT of accountancy...with cash flow statement and accounting ratios...so plz send ?

Posted by Sukirti Verma 6 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Miss Mor 6 years, 1 month ago

Accountancy book of DK Goel arya publications.. page nmbr. P 79 and P 109

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Amandeep Singh Bhutani 6 years, 1 month ago

Yes i have complete project of current year how should i send?

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All four capital adjustment of retirement in brief

Posted by Shivendra Singhroul 6 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Shivendra Singhroul 6 years, 1 month ago

Thank you ☺

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Priyanka Kumari 6 years, 1 month ago

1) when new capital is given divide it into new ratio 2) when capital is to be in ratio- simple carried down after all adjustment sum it thn distribute the total in new ratio 3) when bank account is given- prepare new balance sheet afterall adjustment nd get the bal fig in which will be at liability side that is ur capital, divide it in new ratio At the end after dividing capital in ratio balancing figure can be in cash or current according to question

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abc a b c are partners with his capital of 1 lakh 2 lakh and 300000 respectively they partnership provided that a is to be allowed or monthly salary of 600 and b is to be allowed or monthly salary of 400 she will be allowed a commission of 5% off the net profit after a long salaries of A and B Industries to be allowed on capital 6% interest will be charged on partner and white drawing at 4% the annual drawing work with beak 1000 se 1500 the net profit of the year ended 31st March 2016 amounted to rupees 172000 prepare Profit and Loss appropriation account

Posted by Karan Singh 6 years, 1 month ago

CBSE > Class 12 > Accountancy

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Difference between debenture n preference shares?

Posted by Aimyy Agrahari 6 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Aimyy Agrahari 6 years, 1 month ago

Tq sir?

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Gaurav Seth 6 years, 1 month ago

<th>BASIS FOR COMPARISON</th> <th>SHARES</th> <th>DEBENTURES</th>

Meaning	The shares are the owned funds of the company.	The debentures are the borrowed funds of the company.
What is it?	Shares represent the capital of the company.	Debentures represent the debt of the company.
Holder	The holder of shares is known as shareholder.	The holder of debentures is known as debenture holder.
Status of Holders	Owners	Creditors
Form of Return	Shareholders get the dividend.	Debenture holders get the interest.
Payment of return	Dividend can be paid to shareholders only out of profits.	Interest can be paid to debenture holders even if there is no profit.

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Calculate up to two decimal places Gross profit ratio, operating ratio? Net revenue from operations=1400000 Ceedit revenue from operations=1000000 Gross profit=500000 Depreciation on fixed asset =40000 Profit on sale of land =10000 Selling expenses=60000

Posted by Vivek Bhartiya 6 years, 1 month ago

CBSE > Class 12 > Accountancy

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Forfeited share and reissue of share i can't understand

Posted by Sarita Singh 6 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Priya Dubey 6 years, 1 month ago

Forfeited means shares ka agr kisi shareholder ne share nhi diye h to company usko forfiet kr legi means us shareholder ka name list se nikal degi and vhi share kisi dusre ko reissue (bechti )h jise reissue of share khte h..

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Capitak employed in a busines is ₹200000 .Normal rate of return on capital employed is 25% during the year.the firm earned a profit of ₹48000 . Calulate goodwill on the basis of 3 years purchase year of super profit

Posted by Vishal Tiwari 6 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Mayank Garg 6 years, 1 month ago

The goodwill of firm is NIL. Because Super Profit is -₹2000 which means it's a loss and a loss making firm does not have any goodwill.

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Aparna Nandan 6 years, 1 month ago

Is this question is correct??

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Accounting for share capital additional question short answer

Posted by Raju Raju 6 years, 1 month ago

CBSE > Class 12 > Accountancy

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Difference between income and revenue...

Posted by Jyoti Jangra 6 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Rohit Pal 6 years, 1 month ago

Key Takeaways. Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations. Income or net income is a company's total earnings or profit.??

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Provision for bad debts is subtracted while calculating current ratio.but not deducted while calculating debtors turnover ratio..why

Posted by Nandini Bhargava 6 years, 1 month ago

CBSE > Class 12 > Accountancy

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Rdaption of debanture

Posted by Vishal Jat 6 years, 1 month ago

CBSE > Class 12 > Accountancy

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Chapter 5 Admition of a partner question no. 89

Posted by Samar Gagneja Panjabi Boy Samar 6 years, 1 month ago

CBSE > Class 12 > Accountancy

3 answers

Samar Gagneja Panjabi Boy Samar 6 years, 1 month ago

TS grewal

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Vishal Jat 6 years, 1 month ago

T.sgrawal

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Sakshi Sharma ??️??️??️ 6 years, 1 month ago

Kon se book se

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Dissolution of partnership

Posted by Manoj Sungh 6 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

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Is it compulsory to add gst in accountancy project class 12 comprehensive 2019 20.

Posted by Shreya Namana 6 years, 1 month ago

CBSE > Class 12 > Accountancy

3 answers

Rohit Pal 6 years, 1 month ago

Yes it is mandatory

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Samar Gagneja Panjabi Boy Samar 6 years, 1 month ago

Yes

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Nikhil ✨ 6 years, 1 month ago

Yes

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TS Grewal chapter 1st financial statement of NPO that there is a one question question number 44

Posted by Ajay Choudhary 6 years, 1 month ago

CBSE > Class 12 > Accountancy

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Cash collected from trade receivables or cash recieved against B/R on its maturity ? Gives reason is this will reduce or improve the current ratio ?

Posted by Ansh Jasuja 6 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Komal Poddar? 6 years, 1 month ago

No effect ! as trade receivables is a current asset n cash is also a current asset ..

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Comprehensive questions

Posted by Kavita Singh 6 years, 1 month ago

CBSE > Class 12 > Accountancy

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Lalit, Madhur and Neena were partners sharing profits as 50%, 30% and 20%. On March 31st 2013 their Balance Sheet was as follows : On this date, Madhur retired and Lalit and Neena agreed to continue on the following terms : [a] The goodwill of the firm was valued at 51,000

Posted by Nasir Sheikh 4 years, 8 months ago

CBSE > Class 12 > Accountancy

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Cash on 1.1.2018 9800 subscriptions 75200 specific donation 16000 Entrance fees 8600 Reant of club hall 10500 Electricity charges 7000 salaries and wages 45000 Honarrium to secretary 5000 News paper 2000 Interest on bank deposit 1000 Furniture purchased 2000 Durinv the year miscellaneous expenses 10000

Posted by Vipro Gaming 6 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

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Time table kab aayaga

Posted by Aaid Jainism 6 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Tanisha Dey 6 years, 1 month ago

Nai pta shayad dates toh march ke hai

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Which project is best for class 12 account

Posted by Deepam Soni 6 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Hardeep Singh 6 years, 1 month ago

You should buy practical file of accountancy Universal compani

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How many projects in accountancy

Posted by Deepam Soni 6 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Thakur Rana 6 years, 1 month ago

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Vishal Yadav 6 years, 1 month ago

Only 1

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How I know which Questions carry more marks

Posted by Shruti Kumari 6 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Priya Singla 6 years, 1 month ago

You can get idea from the sample papers.

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What is meant by shares

Posted by Adarsh Mishra 6 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Abhishek Puri 6 years, 1 month ago

Share is the smallest unit of money that company issues to meet its capital needs

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Yogita Ingle 6 years, 1 month ago

Each unit of ownership denotes an equal amount of a business's wealth. It enables the shareholders to an equal right to the business's profits and an equal responsibility for the business's arrears and deficits. A share is a document that acknowledges the ownership of a company to the limit of the amount contributed. So, the share is defined as an interest in the company reflecting the ownership then and entitling to receive profit proportionately.
The share capital of a company is divided into fixed number of units and each such unit is called a share. Major types of shares are one having voting and major company rights and claim holders of the profit and the other are the one who have no voting rights or major company rights but are promised of a certain periodic income or interest. Therefore, a share can be defined as a unit of share capital reflecting the extent of the interest of a shareholder.

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[11/3, 7:41 PM] Gaurav Sir: *CA. (Dr.) G. S. GREWAL* *Objective Type Question / MCQs* Admission of a Partner *Question Series 10* *True / False* 1. All partners consent is required to admit a new partner. *Fill in the Blank* 2. Reserve appearing in the Balance Sheet will be divided among partners during admission in ________________ ratio. *Multiple Choice Question* 3. A and B are sharing profits and losses in the ratio 3 : 2. They admitted C as a new partner to give him 2/10th share in the profit. The new profit sharing ratio will be: (a) 12 : 8 : 5 (b) 3 : 2 : 2 (c) 3 : 2 : 5 (d) 2 : 1 : 2. [11/3, 7:41 PM] Gaurav Sir: *CA. (Dr.) G. S. GREWAL* *Objective Type Question / MCQs* *Question Series 9* *Not for Profit Organisations* *True / False* 1. Income and Expenditure Account shows transactions of revenue nature for the accounting year. *Fill in the Blank* 2. Building Fund, Library Fund etc. is accounted following _____________. *Multiple Choice Question* 3. Which of the following is an example of Not-for-Profit Organization? (a) Public Hospitals (b) Corporation (c) Audit Firm (d) Insurance Companies. [11/3, 7:41 PM] Gaurav Sir: *CA. (Dr.) G. S. GREWAL* *Objective Type Question / MCQs* *Question Series 11* *Not for Profit Organisations* *True / False* 1. Surplus or Deficit of a Not-For-Profit Organisation is added to or subtracted from Accumulated Fund. *Fill in the Blank* 2. Amount paid by the members to keep their membership remains alive is termed as __________. *Multiple Choice Question* 3. Rs. 1,00,000 received as annual subscription. Out of this, Rs. 20,000 is of previous year whereas Rs. 10,000 is receivable at the end of the current year. Amount of subscription that will be shown in the Income and Expenditure Account will be: a) Rs. 1,00,000 b) Rs. 90,000 c) Rs. 1,20,000 d) Rs. 80,000

Posted by Anshul Koundal 6 years, 1 month ago

CBSE > Class 12 > Accountancy