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

Share capital ac dr 60000 To forfeited sc dr 30000 To calls in arrear ac dr. 30000 Bank ac dr 36000 Forfeiture ac dr. 4000 To share capital. 40000 Forfeiture ac dr 16000 To capital reserave ac. 16000

0Thank You

ANSWER

What will when the new partner coming with goodwill 100000 and old partner sacrificing ratio is 1:0 so how much amount will given to old partners

Posted by Vishwas Chawla 6 years, 10 months ago

CBSE > Class 12 > Accountancy

5 answers

Amyra Mishra 6 years, 10 months ago

My 1 answer was wrong sorry for that but 2 nd was totally right??

0Thank You

Amyra Mishra 6 years, 10 months ago

If only one partner was sacrifice then he/she alone will be entitled to full amt of g/w

0Thank You

Amyra Mishra 6 years, 10 months ago

Q for what

0Thank You

Amyra Mishra 6 years, 10 months ago

This is impossible becoz partner never scrifice in this ratio

0Thank You

Mahesh Singhal 6 years, 10 months ago

0Thank You

ANSWER

When we find current asset then we add closing inventory or opening inventory ?

Posted by Krishna Chaudhary 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Bhawana Jain 6 years, 10 months ago

Closing inventory

1Thank You

ANSWER

State any 2 reasons for which revaluation account is prepared at the time of admission

Posted by Ankush Shinh 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Amyra Mishra 6 years, 10 months ago

1 reason was to know their true and fair values and 2 reason was to know their benefit or reduction of assets nd liabilities

1Thank You

ANSWER

A,B,C partner A and C salary 1500 each p.a Calculate salary A and B

Posted by Deepesh Negi 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Deepesh Negi 6 years, 10 months ago

A's salary

0Thank You

Bhawana Jain 6 years, 10 months ago

It is not possible to calculate B salary because no information is given for calculation of B salary...

1Thank You

ANSWER

What are the latest changes in case flow please tell

Posted by Ujjwal Jain 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Smriti Kumari 6 years, 10 months ago

Only previous year amount less in oprating and financing activity

1Thank You

Deepesh Negi 6 years, 10 months ago

Prposed dividend

0Thank You

ANSWER

Can i solve the computer accounting questions if i solved cash flow in my practical copy which i submitted in school??

Posted by Aaditya Kishore 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Deepesh Negi 6 years, 10 months ago

No u can not solve computer accouting part

0Thank You

ANSWER

If o/s subscription is written off as bad debt, then what will be the treatment.???

Posted by Shagun Vishwakarma 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Manav Gupta 6 years, 10 months ago

Deducted from total subscription appearing in I&E ac and same would not be shown on asset side of bs

0Thank You

ANSWER

Is still after the changes of marks weigtage, we got option b/w admisson and retirement's long questions?

Posted by Avi Negi 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Manav Gupta 6 years, 10 months ago

Yes

1Thank You

ANSWER

Kya 25persent paper objective ayaga

Posted by Rahul Kumar 6 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Under what circumstanceschange in profit sharing ratio is needed ?

Posted by Gurdeep Singh 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Aman Kumar 5 years, 8 months ago

Cemto Ltd. Forfeited 6000 share of 10 each issued at a premium of 2 per share for the non- payment final cll of 3 per share. 300 of the forfeited share were reissued for 8 per share as fully paid up.pass necessary journal entries for the forfeited and re-issue of share. Also prepare share forfeited account.

2Thank You

ANSWER

Question no 15 of together with accountancy book sample paper 3

Posted by Gurdeep Singh 6 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

What is legacy ?explain it.

Posted by Krishna Chaudhary 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Saumya Jain 6 years, 10 months ago

A legacy is any gift monetary or in terms of asset left in a person's Will also an instruction for part of your estate to be given to an individual or organisation after your death.

4Thank You

ANSWER

Which case of proposed dividend is needed to follow for this year boards..

Posted by Prateek Seth 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Manav Gupta 6 years, 10 months ago

Old method used in previous years books needs to b ed followed

1Thank You

ANSWER

What is pro rata?

Posted by Piu Sharma 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Jeevan Sandhu 6 years, 10 months ago

Allotting the shares in proportion to the applicants

0Thank You

ANSWER

A bill receible amounting to 8000 disxounted with the bank dishonoured

Posted by Neha Yadav 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Shubham Vishwkarma 6 years, 10 months ago

Than the bank find the person who will discountd bill and charge the amount what The amount written on the Bill and interest.

1Thank You

ANSWER

Appeal CBSE To Make Easiest Question Paper this year

Posted by Yo Boy 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Subhash Rathod 6 years, 10 months ago

Please dont make the paper very easy but the thing u can do is put a level of passing for average students and then for topper above 70

1Thank You

ANSWER

Dinesh share of profit up to his date of death on the basis of actual sales till date of death. Sales for the year ended march 31 2018 was 12,00,000 and profit for the same year was 2,00,000 . sales show a growth trend of 20% and percentage of profit earning was the same .

Posted by Kushvaha Boy Rajesh Singh Official 6 years, 10 months ago

CBSE > Class 12 > Accountancy

4 answers

Riya Jain 6 years, 10 months ago

Will you plz tell me the logic behind this plzzzzzzzz..................!

0Thank You

Deepesh Negi 6 years, 10 months ago

1/6 why

0Thank You

Prateek Seth 6 years, 10 months ago

Sry last line is wrong... Profit to be tranferred to p&l suspence = 360000 ✖ 1/6 ✖ 5/10(share of deceased partner) =30000....

1Thank You

Prateek Seth 6 years, 10 months ago

You missed to write the date of death by the way i know the answer...... 1200000 + 20% of 12 lakhs =1440000 Profit to sales ratio =200000/12lakh =1/6 Now, share for 3 months =1440000 ✖ 3/12=3,60,000.. Now dinesh's share of profit =360000 ✖ 1/6 ✖ 3/12=30,000 (p&l suspense)

3Thank You

ANSWER

A liablity of 7000 will be created againt bills receivable discounted earlier but now dishonoured What effect in balance sheet ? Fast repaly

Posted by Om Prakash 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Riya Jain 6 years, 10 months ago

You will have to pay back the discounted money back to bank and it will deduct the bank balance

0Thank You

Paras Ghoga 6 years, 10 months ago

No effect

3Thank You

ANSWER

At the time of admission of a new partner, the new partner acquires his share from the old partners in the:

Posted by Harsh Tandon 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Paras Ghoga 6 years, 10 months ago

In his/her acquiring ratio

1Thank You

ANSWER

What's normal profit n capital employed

Posted by Aditya Singh 6 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

Nikita Lohiya 6 years, 10 months ago

Normal profit is an economic condition that occurs when the difference between a firm's total revenue and total cost is equal to zero. Simply put, normal profit is the minimum level of profit needed for a company to remain competitive in the market.

1Thank You

Aditya Singh 6 years, 10 months ago

Normal profit?

0Thank You

Manav Gupta 6 years, 10 months ago

Capital employed is the total money invested in the company for a long interval of time

1Thank You

ANSWER

Diffrence b/w intrim dividend & proposed dividend .

Posted by Krishna Chaudhary 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Prateek Seth 6 years, 10 months ago

Proposed Dividends are basically provisions made for dividend payment at a later date. Interim dividends are dividends announced as part of final dividends in between the ongoing fiscal year. The cash flow is only affected when actual dividends have been paid.

1Thank You

ANSWER

Why Capital of the Partners are Shown On LIABILITIES side of Balancesheet

Posted by Aman Sharma 6 years, 10 months ago

CBSE > Class 12 > Accountancy