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  • 1 answers

Kumar Abhinav 6 years, 10 months ago

Gaining partner's capital a/c. Dr To Sacrificing partner's capital a/c
  • 3 answers

Avi Negi 6 years, 10 months ago

Im going to do that....its pretty easy in comparison to analysis ...which takes more time?

Shubham Vishwkarma 6 years, 10 months ago

It depends on your selection of computerised account than you do this question otherwise waste of time

Madhu Singh 6 years, 10 months ago

Yes you can if you know that part very well
  • 2 answers

Kumar Abhinav 6 years, 10 months ago

Finance cost

Harsh Thaur 6 years, 10 months ago

Finance Costs
  • 2 answers

Manav Gupta 6 years, 10 months ago

Net profit is profit after tax so we need to add back Tax interest non operating expenses And deduct non operating income

Priya Jindal 6 years, 10 months ago

net profit + non operating expenses - non operating income
  • 2 answers

Jeevan Sandhu 6 years, 10 months ago

Transfer all the profit and loss in partner current account except balance of capitals, additional capital and drawings against capital

Punit Yadav 6 years, 10 months ago

Go to bank
  • 3 answers

Harsh Singh 6 years, 10 months ago

Yes B can retire

Ashwary Varshney 6 years, 10 months ago

Yes thw partner B can retire

Priyansh Arora 6 years, 10 months ago

Yes B can retire
  • 3 answers

Krishna Chaudhary 6 years, 10 months ago

Sorry, but your answer is wrong , there correct answer is C.A=200000,Q.A=120000,C.I=80000,opening stock =120000 OK

Paras Ghoga 6 years, 10 months ago

COGS=Revenue from Operations- GP 100000-25000= 75000 ITR= COGS/average inventory 3=75000/A.I A.I=25000 Total inventory=25000*2=50000

Paras Ghoga 6 years, 10 months ago

Assume Current asset-X+120000, Current liabilitt-X so, X+120000+X = 2x+120000 X=120000/2 = 60000 X=60000 Current assets=180000 current liab=60000
  • 1 answers

Tanisha Garg 6 years, 10 months ago

It is related to shares and it is added to proceeds from issue of shares
  • 1 answers

Raamapriya P 6 years, 10 months ago

If a company issues lets,say 100 shares but receives applications for 200 shares, then the company can do 2 things...1. Reject 100 and allot 100 or 2. Allot for all 200 shares in part using 100 shares....if you applied for 10 shares you will get 5....this in part allotment is called pro-rata allotment
  • 4 answers

Dhruv Goel 6 years, 10 months ago

But if it is taken by a partner

Prateek Seth 6 years, 10 months ago

Unrecorded assets

Tanisha Garg 6 years, 10 months ago

Unrecorded asset

Tanisha Garg 6 years, 10 months ago

Unrecorded asses
  • 1 answers

Shridhan Khirwal 6 years, 10 months ago

you just have to calculate the excess amount of applications received in application money then you have to substract that money from allotment for ex- suppose x limited invited application for 10,000 shares@10each and received 15,000 applications and the shares were alloted in pro-rata basis Application money 3 Allotment money. 3 First call. 2 final call. 2 In the above situation you can see 5000 excess applications are received the excess amount collected 5000×3 = rupess 15,000 bank 45,000 to share application 45,000 share application. 45,000 to share capital 30,000 to share allotment. 15,000 share allotment 30,000 to share capital. 30,000 bank 15,000 to share allotment 15,000 rest journal entries will be same as we do here you can clearly see that how the pro rata allotment take place
  • 1 answers

Prateek Seth 6 years, 10 months ago

I don't there is any methoed to do so... Keep practicing... That's all you can do.. Try to get perfection in it... Make it correct
  • 1 answers

Prateek Seth 6 years, 10 months ago

No trick... Just practice... Try doing diffrent tyoes of questions... Especially subscription,cost of consumable goods...
  • 1 answers

Prateek Seth 6 years, 10 months ago

(Ans. 12) You are required to make an adjustment table.. First credit interest on capitals then debit interest on drawings calculate firm's profit or loss then distribute it equally... Show the net effect in journal.. (Ans 13) A. Journal about revaluation only... Distribute revaluation's profit/loss in old ratio. B. C's share 1/5... Remaining share =4/5.. Total capital of the firm =( 60,000 + 40000) ✖ 5/4=₹1,25,000. C's capital =125000 ✖ 1/5=25000 C. Revaluation profit =8000..distribute it among partners in old ratio... Pass journal... Revalueation dr. 8000 To x. 4000 To y. 2400 To z 1600
  • 3 answers

Krishna Chaudhary 6 years, 10 months ago

In realisation account investment fluctuation reserve is transfer only credit side but not realise in cash

Dev Patel 6 years, 10 months ago

Write off among partners

Savita Sahu 6 years, 10 months ago

Write off among partners
  • 1 answers

Prateek Seth 6 years, 10 months ago

U can do it by finding the ratio or %. First find profit to sales ratio i.e,profit / sales.. Now consider the sales and find out profit using this.. And then ✖ it with deceased partner's share
  • 0 answers

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