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

If goodwill decreases then it means goodwill is written off then it would be added in operating items And if goodwill increases then it would be deducted from investing activities

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When the new syllabus of class xii for 2019-20 will come

Posted by Pankaj Jena 6 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

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Share purchased by share broker company where comes in cash flow statement

Posted by Gaming Corner 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Jayakrishna Menon 6 years, 10 months ago

Financing activity

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when there is current a/c balances in the balance sheet...all the adjustments relating to reserves,profits losses must be adjusted through capital a/c or current a/c???

Posted by Devika Rajesh 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Harsh Kumar 6 years, 10 months ago

https://youtu.be/XgsHa2NlVmo

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Harsh Kumar 6 years, 10 months ago

Current A/c because capital A/c ka rule hai... Ki koi patner agar additional capital laye ga... Kya drawings kare ga to...... Capital A/c me change aye ga.....

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wil there be questions relating to treatment of gst in the 2018 board exam (cbse)???

Posted by Devika Rajesh 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Avni Gupta 6 years, 10 months ago

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Khushboo Batra 6 years, 10 months ago

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Market rate of interest and normal rate of interest is same? if not so what is market interest ?

Posted by Ashish Chauhan 6 years, 10 months ago

CBSE > Class 12 > Accountancy

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Treatment of new firm goodwill in retirement partners capital account

Posted by Shifa Tauhida 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Harsh Kumar 6 years, 10 months ago

Kch nhi bs jb admission mein new partner tha to purane patner ko compensate kiya tha premium of goodwill lake in sacrificing ratio... waise hi jb patner jaye ga to continue patner compensate kare ga gaining ratio me

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What is cost of revenue from operations formula?

Posted by Yash Jain 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Avni Gupta 6 years, 10 months ago

Opening inventory + purchase + direct expenses - c. Inventory / rev -gp / rev +gl

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Raghav Goel 6 years, 10 months ago

Cost of revenue from operations=revenue from operations - gross profit Or Revenue from operations + gross loss

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Ram paid goods to mahesh chand of Rs.5330 pass journal entries

Posted by Anand Raj 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Ashish Chauhan 6 years, 10 months ago

Mahesh's capital a/c dr. To purchase a/c Not sure.

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By selling a ceiling fan for Rs 1,450, a shopkeeper gains 15%.How much did it cost the shopkeeper

Posted by Shivani Marathe 6 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

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Calculate Cash Flows from Investing Activities from the following information : Particulars 31st March 2015 (`) 31st March 2014 (`) Investments in Shares of Janex Ltd. 15,00,000 5,00,000 9% Long term Investments 1,50,000 5,00,000 Plant and Machinery 4,00,000 3,00,000 Goodwill 4,20,000 2,40,000 Additional information : (i) 9% dividend was received from Janex Ltd. (ii) A machine costing ` 30,000 (depreciation provided thereon ` 5,000) was sold for ` 40,000. Depreciation charged during the year was ` 5,000.

Posted by Ankit Dhillon 6 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Send me the solved numerical of cash flow and debentures

Posted by Shahid Aziz 6 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

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Treatment of claim on workers compensation on retirement or death of partner

Posted by Kashika Sharma 6 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

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which type of activity is same for financial company as well as for non financial company under financing activities

Posted by Battu Navodayan 5 years, 8 months ago

CBSE > Class 12 > Accountancy

2 answers

Tanisha Garg 6 years, 10 months ago

Issue of shares

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Sachin Sinha 6 years, 10 months ago

non profit organisation

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Phale companies accounts bnana thik rhega ya financial statement.

Posted by Utkarsh Anand 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Sachin Sinha 6 years, 10 months ago

companies bnnana tkh rehega

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Why remuneration of partners is subtracted while calculating goodwill

Posted by Sanskriti Tiwari 6 years, 10 months ago

CBSE > Class 12 > Accountancy

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On the basis of the following information, credit following ratios A. Operating ratio B. Liquidity ratio C. Proprietor ratio Information.:- Cash revenue from operations rs 400000, credit revenue from operations rs 275000, revenue from operations return rupees 27000 cost of revenue from operations rupees 390000 sailing and its distribution expenses rupees 7000 administration expenses rupees 3000 current liabilities rupees 195000, current assets rupees 394000, closing inventory rupees 23000 ,equity share capital rupees 437000 , 6% preference share capital rs 174000, fixed assets rs 430000

Posted by Priyanshu Tiwari 6 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Workmen compensation claim is written in revaluation account???

Posted by Sugandh Sirbhaiya 6 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

Sachin Sinha 6 years, 10 months ago

if workman compensation is given then it written in revaluation account otherwise ots go on balancesheet liablities side

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Hitesh Kumar 6 years, 10 months ago

If w c r is not given then it is written in revaluation account other wise it shown liablities side

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Shweta Aggarwal 6 years, 10 months ago

If workmen compensation reserve is not given then it is written in revaluation account

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What is the adjustment of proposed dividened in cash flow

Posted by Ayu Bhatt 6 years, 10 months ago

CBSE > Class 12 > Accountancy

4 answers

Ujala Banger 6 years, 10 months ago

So is this final that we have to follow old method

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Gurpreet Singh 6 years, 10 months ago

previous year proposed divdend is consider for calculation of net profit before tax and added to it. while in financing activity same previous year divdend will be deducted. AS PER CBSE Guidlines

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Gaurav Seth 6 years, 10 months ago

s per the latest amendment, the proposed dividend will not be shown in the Balance Sheet. It will be mentioned in the adjustments only.

Proposed Dividend of the Current Year will not be considered while preparing the Cash Flow Statement.

Proposed Dividend of the Previous year will be added to net Profit under Operating Activities and the same amount (Proposed Dividend of the Previous Year) will have to be deducted under Financing Activities in the Cash Flow Statement.

(Dear CBSE Students, please refer to CBSE to get a final update on this matter as it is understood from believable sources that the Current Exam (March 2019) will be based on the old concept, which is as shown in the CBSE published accountancy text. Sorry for the previous remark. The old concept as per the CBSE published text books, “The previous year proposed dividend will be shown as outflow under financing activity considering the said proposed dividend is paid in the current year. Also, the current year Proposed dividend will not be considered as outflow as the payment of the same happens only in the next year. Hence the proposed dividend of the current year will be added back to Net Profit to calculate the Net Profit before Tax and Extraordinary items.)

Please note details of the amendment as below;

Section B: Unit 5 - Cash Flow Statement - effect of the amendment on the treatment of

proposed dividend:

(a) Dividend proposed for the previous year will be an outflow for cash, unless otherwise stated,

on the assumption that the proposed amount has been approved by the shareholders in the

AGM.

(b) No effect is given to Proposed Dividend for the current year as it is not provided for and is a

contingent liability.

which is shown in the Balance Sheet of the current year as Other Current Liabilities under

Current Liabilities.

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Shweta Aggarwal 6 years, 10 months ago

Previous year will be deducted in financing activity Current year-added to net profit before tax and extraordinary items in operating activity

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Please teach me all the adjestment related to subscription . Everytime this adjestment spoils my whole question.

Posted by Divyanshika Divu 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Gaurav Seth 6 years, 10 months ago

Hope this independent questions on subscription will make you confusion clear.

Illustration A

Calculate the amount to be shown in Receipts and Payments Account for the year ended 31st Dec. 2004

1. Income and Expenditure Account shows a sum of Rs 7,500 against subscription during 2004.

2. Subscriptions outstanding at Dec. 2003—Rs 600.

3. Subscriptions received in advance in Dec. 2003—Rs 450

4. Subscriptions received in advance in Dec. 2004—Rs 270

5. Subscriptions outstanding at Dec. 2004—Rs 750

Solution:

Illustration B:

From the following, find out the amount of subscriptions to be credited to Income and Expenditure Account for the year 2006.

Subscriptions received in 2006 – Rs. 48,000 which include Rs. 4,000 for 2005 and Rs. 8,000 for 2007.

Subscriptions due but not received at the end of the year 2006 were Rs. 20,000.

Subscriptions received in 2005 in advance for 2006 were Rs. 12,000

Solution:

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ANSWER

Which ratio are primarily measure of return

Posted by Rashiveine Kh 6 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Mujhe NPO nhi aa rha h kaise karu use... please koi bta do...

Posted by Vâňšh Âřôřâ 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Vâňšh Âřôřâ 6 years, 10 months ago

practice bhut karli me bhul jata hu ..

0Thank You

Hitesh Kumar 6 years, 10 months ago

Practice

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ANSWER

Father of accountancy

Posted by Asdfghjkl Asdfghjkl 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Asdfghjkl Asdfghjkl 6 years, 10 months ago

Luca pacioli

1Thank You

ANSWER

pro rata allotment kese nikalte hai ,samjh hi nahi aata ki ques m konse shareholder k alloted shares pe pro rata nikalna hota hai aur forfeiture and pro rata ke ques m kya fark hota hai . kisme kya entries hoti hai???

Posted by Pretty Girl 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Rajat Raj 6 years, 10 months ago

Its very simple.... Phle yeh dekhe ko ki bande ni kitne shares k liye apply kiya hai.... Orr fir dekho ki usse kitne share mile hai.... Agr applied share allotment se jyada hai toh pro rata allotment hai ni toh ni... Pro rata me jo shareholders ko share milte hai voh applied share se hmesa km milte hai... Or forefeiture me kisi k share ko forfeit (ज्बत) kr lete hai.... Means ki voh shareholder ab shareholder ni rha....

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ANSWER

agr kisi death ke ques m humse P&L suspence nikalne ko nhi bola gya,to hume calculate krna zruri h fir bhi ya fir nahi bola gya ques m to nhi nikalnege???

Posted by Pretty Girl 6 years, 10 months ago

CBSE > Class 12 > Accountancy