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Basis	Profit & Loss Appropriation Account	Profit & Loss Suspense Account
Objective	Profit and loss Appropriation Account is prepared to show the allocation and distribution of Net Profit among the partners and reserves. It's a separate account that shows how profit obtained from Profit and Loss account is spent.	Profit and Loss Suspense Account is prepared when some fictitious profit, before ascertainment of actual profit, is calculated to adjust the deceased partner's share of profit, upto the date of his death.

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From the following information calculate cash flow from financing activities

Posted by Ronita Dey 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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Dear sir i have problems to choose what accounting - computerized accounting or Financial analysis statement for study board exam ?

Posted by Aman Srivastava 6 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Hanspreet Singh 6 years, 2 months ago

Adha saal nikal gya abhi bhi tuje choose krna hai

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insurance premium on plant and machinery kha aega

Posted by Safista Khatun 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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Vaibhav Vb 6 years, 3 months ago

Expenditure

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How share are forfeited?

Posted by Sanjana Kumari 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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Hanspreet Singh 6 years, 2 months ago

For this, you can choose any accountancy book

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Chandramohan partners in the balance sheet as 31st March 2018 as given below

Posted by Sakshi Chhillar 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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1. Stock of medicine as on 1st April 2018 150000 2. Stock of medicine as on 31st March 2019 175000 3. Creditor for Medicine as on 1st april2018 25000 4. Creditors for medicine as on 31st march 2019 50000 5. Purchase of medicine during the year 375000 6. Advance paid ti creditor of medicine as on 31st march 2019 55000

Posted by Mantasha Khan 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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Current liability of a company was Rs 80,000 and its current ratio was 25:1 .After this ,it purchased goods for Ts 40,000 on credit calculate the revised current ratio

Posted by Aleeza Khan 6 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Shreshtha Tripathi 6 years, 3 months ago

So first we calculate current assets. 25/1=C.A/80000=2000000. Then we add 40000 and 80000 to get new amount of current liability which is Rs. 120000.then we divide 2000000/120000=16.67:1

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A,b&c share profit and losses in the ratio of 3:2:1 D is admitted with 1/6 share which he gets entirely from A new ratio will be

Posted by Naman Soni 6 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Shashank Singhal 6 years, 3 months ago

2:2:1:1

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M Ltd. Forfeited 200 equity shares of ₹10 each,issued at a premium of ₹5 per share,heldby Ram for non-payment of the final call of₹3per share.Of these,100 shares were reissued to vishnu at a discount of ₹4 per share

Posted by Krisha Khurana 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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How make accounts project file

Posted by Meenakshi S 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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All the asset except...................a/c are transferred

Posted by Naman Soni 6 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Kishan Singh 6 years, 3 months ago

cash

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Sakshi Sharma 6 years, 3 months ago

Cash

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On dissolution of a partnership firm, realisation account is debited with................

Posted by Naman Soni 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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Angad Singh 6 years, 3 months ago

P/l suspense A/c

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Manan Saraswat 6 years, 3 months ago

Assets and realised value of liabilities

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Naveen, Seerat and Hina were partners in a fim manufacturing blanket. They were sharing profits in the ratio of 5: 3 :2. Their capitals on 1st April, 2012 were Rs. 2,00,000, Rs. 3,00,000 and Rs. 6,00,000 respectively. After the floods in Uttaranchal, all partners decided to help the flood victims personally. For his Naveen withdraw Rs. 10,000 from the fim on 1st September, 2012. Seerat. instead of withdrawing cash from the firm took blankets amounting to Rs. 12,000 from the firm and distributed to the flood victims. On the other hand, Hina withdraw Rs. 2.00.000 from her capital on 1t January, 2013 and set up a centre to provide medical facilities in the flood affected area. the partner ship deed provide for charging interest on drawings @6%p.a. After the Final Accounts were prepared, it was discovered that interest in drawings had not been charged. Give the necessary adjusting joumals entry and show the working notes clearly, Also state nay two values that the partners wanted to communicate to the society.

Posted by Deepak Aren 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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Hanspreet Singh 6 years, 2 months ago

Itna type krne se achaa khud solve krke dekh lenda

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latest Cash flow statement question???

Posted by Deepika Sharma 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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What sre super profit

Posted by Dev Goyal 6 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Himanshu Garg 6 years, 3 months ago

Average profit - normal profit

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Manan Saraswat 6 years, 3 months ago

When return on capital comes more than the expected rate it is the situation of super profit ie roc earned - roc expected to earn

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Question no. 9 dk goel ch 2

Posted by Rohit Tiwari 6 years, 3 months ago

CBSE > Class 12 > Accountancy

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Shreshtha Tripathi 6 years, 3 months ago

Add profit of all years and divide it by 4 you get average profit , then find 15% of 500000 . It should be 75000. Then average profit - normal profit which is 75000 you get super profit.

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A scrificies 1/3rd of his share while B sacrifice 1/10th from his share in favaur of C. If there old profit sharing ratio is 3:2 then what is their new profit sharing ratio?

Posted by Kesab Bag 6 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Himanshu Garg 6 years, 3 months ago

A sacrifices =3/5*1/3= 1/5 B sacrifice = 1/10 A's new share = 3/5 - 1/5 = 10/15 10/15*2 = 20/30 B's new share = 2/5 - 1/10 = 3/10 3/10 * 3 = 9/30 C's share = 1/5 + 1/10 = 3/10 3/10*3 = 9/30 npsr = 20:9:9

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Vishal Chawla 6 years, 3 months ago

4. 3. . 3. Ratio

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Explain the modes of payment to a retiring partner

Posted by Shristi Gurung 6 years, 3 months ago

CBSE > Class 12 > Accountancy