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Compartment 2017 paper

Posted by Anish Kumar 6 years, 6 months ago

CBSE > Class 12 > Accountancy

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Comprehensive solution with gst

Posted by Yashika Dalal 6 years, 6 months ago

CBSE > Class 12 > Accountancy

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Vinay and Naman are partners sharing profits in the ratio of 4:1 .Their capitals were 90000 Rs and 70000 Rs tespectivly. They admitted prateek for 1/3 share in the profits.prateek brought 100000 Rs as his capital.calculate the value of firms goodwill.

Posted by Lasya Vejendla 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Sakshi Sharma??️??️ 6 years, 6 months ago

40,000

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What is the journal entry of bad debts written off through revaluation account

Posted by Chetna Narang 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Dhanuja Shri 6 years, 6 months ago

Provision for doubt full debt a/c dr To Revaluation a/c

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What is minimum subscribtion

Posted by Hema Commerce 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Shaily Jain 6 years, 6 months ago

Minimum subscription means the minimum amount of share money/capital which a company must receive from the public. For example : a company has issued 50,000 shares to public now in return it must receive a minimum amount of money from those shares. Minimum subscription is 90%

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Some important topic , or question for 2019 compartment exams

Posted by Ayushi Gupta 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Hans Jaiswal 6 years, 5 months ago

All chapters are study

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What is the entry of partner loan in assets side of B/S

Posted by Nikhil Verma 6 years, 6 months ago

CBSE > Class 12 > Accountancy

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What is book value

Posted by Rajeev Kumar 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Sagar Sharma 6 years, 5 months ago

The value/amount of a good in a current year.

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guys can u please give me the solution of question 85 double entry accounts

Posted by Rhea Chattani 6 years, 6 months ago

CBSE > Class 12 > Accountancy

3 answers

Bhushan Barod 6 years, 5 months ago

Which chapter????

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Rhea Chattani 6 years, 6 months ago

admission of partner

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Sakshi Sharma??️??️ 6 years, 6 months ago

Which chapter

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Sarthak and vansh are partners sharing profits in 2:1 since both are specially abled sometimes

Posted by Ak Maheswari 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Shaily Jain 6 years, 6 months ago

I'm not able to understand your question, plz clear it

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What is partner

Posted by Sachin Singh 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Shaily Jain 6 years, 6 months ago

A partner is the one who is engaged in some business either sole or partnership

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Ritesh and hitesh are friends. Ritesh is a consultant and hitesh is an architect. They contributed equal amounts and purchased a buildig . After a year they sold it and shared the profit equally. Are they doing the business in partnership? Give reason to support your answer.

Posted by Shalu Garg 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Shravan Kumar 6 years, 6 months ago

No it is not a business because it is not for continous period on time as business is continous process.

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the distribution required 25% of the total order (1680000)as advance and 75% to be paid on delivery

Posted by Rajosree Saha 6 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

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Accounts NCERT 16 question of chapter financial statements of not for profit organisation solution

Posted by Nidhi Lamba 6 years, 6 months ago

CBSE > Class 12 > Accountancy

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Which guide i can use oswaal or arihant for 2020 board exam

Posted by Sudharsan Sai 6 years, 6 months ago

CBSE > Class 12 > Accountancy

3 answers

Vivek Kanojiya 6 years, 5 months ago

Learn the concept no guide required

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Maanvi Chouhan? 6 years, 6 months ago

All in one is good. Each and every concept is covered in it

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Shaina Rajput 6 years, 6 months ago

Oswaal...

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X and y = 2:1. Z admitted for 25% of share in profit. Calculate New profit sharing ratio.

Posted by Gayatri Nanda 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Sakshi Sharma??️??️ 6 years, 6 months ago

New profit sharing ratio = 2:1:1

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A and B are partners sharing profit in the ratio of 3:2 . They admit C as a partner for 1/3 share. Calculate new profit sharing ratio

Posted by Alisha Wadhwa 6 years, 6 months ago

CBSE > Class 12 > Accountancy

2 answers

Kirti Ohlyan 6 years, 6 months ago

A:B. 3:2 C share of profit-1/3 Let's firm profit be ₹1 Therefore, c share of profit 1x1/3=1/3 Remaining share of profit of A and. B for future= 1- 1/3=2/3 A's new profir sharing ratio 2/3 of 3/5=6/15 B's new profit sharing ratio 2/3 of 2/5=4/15 C's share of profit=1/3 New pprofit sharing ratio of A,B and C= 6/15:4/15:1/3 6:4:5

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Sakshi Sharma??️??️ 6 years, 6 months ago

NEW PROFIT SHARING RATIO = 6:4:5

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how to make a comprehensive project with gst for clasa 12

Posted by Sushma Bansal 6 years, 6 months ago

CBSE > Class 12 > Accountancy

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how to calculate partners ratio from their capitals

Posted by Shivani Melka 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Shaily Jain 6 years, 6 months ago

Suppose there are two partners having capitals as: 150,000 and 200000 The ratio will be calculated by dividing both the capitals i.e, 150,000/200000=15/20=3/4 or 3:4

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Akhil,Nikhil,and sunil were partners sharing profit and Losses equally. Following were there balance sheet as at 31st March,2018. Liabilities:- Amount:- Trade creaditors. 440000 General reserve. 45000 Capital: Akhil. 195000 Sunil 120000 Nikhil 80000. 395000 TOTAL. 480000 Assets:- amount:- Building. 200000 Plant and machinery. 80000 Stock. 35000 Debtors. 80000 Cash at bank. 85000 TOTAL. 480000 Sunil died on 1st August,2018.The partnership deed provides that the executor of a deceased partner was entitled to: 1) Balance of partner's capital account and his share of the accumulated reserve. 2) Share of goodwill calculated on the basis of three times the average profit of the last four years. 3) Share of profit from the closure of the last accounting year till the date of death on the basis of the profit of the preceding completed year before death. 4)interest on deceased capital @6 ./.per annum. Rs. 50000 to be paid to deceased executor immediately and the balance to be kept in his loan account Profits and losses for the preceding Year ending 31st March were: 2015---- 80000 profit 2016---- 100000 loss 2017----120000 profit 2018----180000 profit Pass the necessary journal entry and prepare Sunil capital account and Sunil executor account

Posted by Anshika Shukla 6 years, 6 months ago

CBSE > Class 12 > Accountancy

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What is intrest on calls in arrears

Posted by Diksha Singh 6 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Shaily Jain 6 years, 6 months ago

Calls in arears means when a shareholder fails to pay the called money i.e,allotment money or call money. When that money is received by the shareholder it also gives some interest on it, this is called interest on calls in arears

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cash flow statement with adjustments

Posted by Ashvini Hatwalne 6 years, 6 months ago

CBSE > Class 12 > Accountancy