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

Ask questions which are clear, concise and easy to understand.

Ask Question

What is financial statement analysis?

Posted by Jatin Kumar Saini 6 years, 7 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Interest on loan taken by a partner from the firm

Posted by Harshita Doshi 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Anshul Rathee 6 years, 7 months ago

As per partnership deed or provided in question

1Thank You

ANSWER

Qualities or characteristics of ideal financial statement

Posted by Gurdev Singh 6 years, 7 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

T.s grewal class 12 solutions chapter 3 goodwill

Posted by Yash Jaat 6 years, 7 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

How to know about the making of accounts incash flow statement with adjustments I get confused and not able to identify how to put the things in the format

Posted by Kavya Bhatia 6 years, 7 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Acc 12th class partnership book ch 1 72quastion

Posted by Nisha Thakur 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

X Y 6 years, 7 months ago

From which book?

0Thank You

ANSWER

Explain debentures

Posted by Shivanshu Tripathi 6 years, 7 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Life memberships fees

Posted by Udit Sharma 6 years, 7 months ago

CBSE > Class 12 > Accountancy

2 answers

Aashish Chachan 6 years, 7 months ago

It posted in closing balance sheet on liability side

0Thank You

X Y 6 years, 7 months ago

It is a capital receipt

0Thank You

ANSWER

drawing made during every month,quarter,6month,9 month

Posted by Anup Gupta 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Rani Chakraborty Nandi 2 years, 4 months ago

He write to me every month

1Thank You

ANSWER

How can i easily solve my share capital questions

Posted by Pushpinder Bhardwaj 6 years, 7 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Sir compartment ka paper hard aata hai kya?

Posted by Prince Kumar 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Ananya Garg 6 years, 7 months ago

papers hard nahi hote. bs thodi se mhnt krni hoti h. okk..original exam paper is also too easy.. so work hard and focus on main chapters like share capital, npo, ratio, cash flow u can crack the exam surely.

0Thank You

ANSWER

How does manager commission works in profit?

Posted by Mohit Raj 6 years, 7 months ago

CBSE > Class 12 > Accountancy

3 answers

Sachin Puruseth 6 years, 7 months ago

The formula of manager commision is net profit ×110/10

0Thank You

X Y 6 years, 7 months ago

Manager commission is given on net profit and it is debited in P&L a/c. Also it is charge against profit

0Thank You

Aryan Raj 6 years, 7 months ago

Jab profit jda hoga toh hum manager commissison denga jitna jda profit hotna commission

1Thank You

ANSWER

There is a problem

Posted by Ujjawal Jaiswal 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Shaina Rajput 6 years, 7 months ago

What??

1Thank You

ANSWER

How to solve cash flow with adjustmemt questions

Posted by Kavya Bhatia 6 years, 7 months ago

CBSE > Class 12 > Accountancy

2 answers

Kartik Rajput 6 years, 7 months ago

First step read the adjustment or quickly solve questioned

2Thank You

Nikhil Sharma 6 years, 7 months ago

First try to focus on adjustments and then solve the question, it will help.

2Thank You

ANSWER

If partnerships deed is silent and profit given then IOC is charged or not

Posted by Pranjal Airy 6 years, 7 months ago

CBSE > Class 12 > Accountancy

3 answers

X Y 6 years, 7 months ago

No ioc is not given

0Thank You

Nikhil Sharma 6 years, 7 months ago

If partnership is silent then remember this 5 points :
1- No interest on capital.
2- No interest on drawing.
3- No salary, commission, remuneration to any partner.
4- Profit and losses to be shared equally amongst partners.
5- Inetrest on partners loan is to be provided@6 % per annum.

1Thank You

Ankit Yadav 6 years, 7 months ago

0Thank You

ANSWER

Adjustments of capital chapter 3 changing in profit-sharing ratio among the existing partners question number 31

Posted by Arun Chandila 6 years, 7 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

A and bare partners sharing ratio 7:5. They agree to admit C, their manger into partnership who is to get 1/6th share in the profit he acquirers this share as 1/24th from A and 1/8th from B calculate new profit shearing ratio

Posted by Gurlal Sarah 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Nikhil Sharma 6 years, 7 months ago

A's sacrifice is 1/24
So A's new share will be old less sacrifice which is 7/12 - 1/24= 13/24
B's sacrifice is 1/8
So B's new share will be same old less sacrifice which is 5/12 - 1/8= 7/24
And C's share is 1/6 multiplied both numerator and denominator by 4 to make all ratios of same denominator 1/6 * 4/4= 4/24
So new ratio is 13:7:4.

0Thank You

ANSWER

Posted by Ranu Gour 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Soubhik Roy 6 years, 7 months ago

Please update with proper details.

0Thank You

ANSWER

12% investment ₹30000 treatment in NOP

Posted by Mandeep Singh 6 years, 7 months ago

CBSE > Class 12 > Accountancy

2 answers

X Y 6 years, 7 months ago

1. 12% =3600 as interest on investment will be credited in income & expenditure a/c. 2. 30000 will be shown in assets side of balance sheet.

0Thank You

Manish Tyagi 6 years, 7 months ago

Question no. 22 of t.s grewal dobule entry book keeping (2019)

1Thank You

ANSWER

What is investment

Posted by Pratap Gurjar 6 years, 7 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

C and d are partners in a firm c has contributed 100000 and D 60000 as capital interest is payable @ 6% per annum and d is entitled to a salary of rupees 30000 per month in the year ended 31st March 2019 the profit was 80000 before interest and salary divide the amount between c and d

Posted by Tushar Sethi 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Diwanshi Nimje 6 years, 7 months ago

dp it as usual calculate ioc then deduct the amount of ioc and salary (30000×12) from profit then divide the remaining amount in equal ratio to yhe partners

1Thank You

ANSWER

X Ltd invited application for 20000 shares of rs 10 each, issued at a premium of 25% ,payable as follows rs 4 on application,rs 5 on allotment(including premimu of rs1.5) and the balance on first and final call (including the remaining premium). All the shares were applied for an allotted. amount due was duly received journalise when it is the company's policy to maintain cash book

Posted by Aryan Raj 6 years, 7 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

How to calculate subscription in income and expenditure accounts

Posted by Shivam Sharma 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Gaurav Seth 6 years, 7 months ago

Calculation of Subscription to be shown in the Income and Expenditure Account for current year.

(a) Statement of Actual amount of subscription for the current year.

Explanation	Detail	Amount
Subscription received during the year	———	———
Add:- Outstanding Subscription (End or Current year)	———
Prepaid or advance (Beg. Or previous year)		———
Less:- Outstanding Subscription (Beg. or previous year) Prepaid or Advance (End or current year) Amount of subscription to be shown in Income & Exp. NC	—	—