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

Total debt + shareholders fund = total liability Total liability = 3900000+1500000=5400000 Total liability= total assets Working capital = current assets - current liability 1300000= 2200000- current liability Current liability= 900000 Debt = total debt - current liability =3900000-900000= 3000000 Total assets to debt ratio= 5400000/3000000= 1.8:1

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ANSWER

How to do cash flow statement

Posted by Prabash Pradhan 6 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

What is difference between fund based accounting and non fund based accounting

Posted by Tanisha Garg 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Rishita Sahu 6 years, 10 months ago

On fund based accounting fund is collected for particular expense and on non fund based accounting fund is not collected for particular expense

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ANSWER

Provident fund is an asset or liability ???

Posted by Nanu Jain 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Yuvraj Singh 6 years, 10 months ago

Liability

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Change in accountancy exam paper forrmat of 2019

Posted by Mohmmed Arshad 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Nav Dhillon 6 years, 10 months ago

I dont understand your answer harsh

0Thank You

Harsh Kumar 6 years, 10 months ago

The CBSE sample paper was primarily practical based with overall theory in both the sections A and B combined of about 3 marks. Part C is primarily theory based.

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Can anybody tell me the solution of 41 sum of NPO book ts grewal 2018......

Posted by Nav Dhillon 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Jot Randhawa 6 years, 10 months ago

Search it on youtube (ts grewal solutions by s.k ray)

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ANSWER

Create provision for doubtful debt on debtors @ 5% and provision for discount @ 2%

Posted by Shiv Awasthi 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Rahul Kumar 6 years, 10 months ago

Debtor: (amt) -provision. - (amt) (% of amt) --------- Debt after prov. (Net amt) -discount. - (amt) (% of net amt) -------------- Net debtors. (amt) Note: (amt) stands for amount.

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Create provision

Posted by Shiv Awasthi 6 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

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Ram and shyam are two partners, they decide to share profit and losses in proportion to their capitals. Capitals A/cs: Ram 30,000 Shyam 25,000 Current A/cs: Ram 2,000 Shyam 1800 What will be their profit sharing ratio?

Posted by Mudita Negi 6 years, 10 months ago

CBSE > Class 12 > Accountancy

4 answers

Unnati Kesarwani 6 years, 10 months ago

It will be according to cap a/c and not current a/c i.e. 6:5

1Thank You

Harsh Kumar 6 years, 10 months ago

6:5

1Thank You

Abhishek Jha 6 years, 10 months ago

PSR of Ram and Shyam is 6:5

3Thank You

Nitin Malik 5 years, 8 months ago

6:5

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ANSWER

How is additional capital calculated in chapter 1

Posted by Gowtham S 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Guddu Kumar 6 years, 10 months ago

Additional capital= closing capital+ drawing - profit- opening capital

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ANSWER

Amt cr -75000+600

Posted by Isha Choudhary 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Isha Choudhary 6 years, 10 months ago

Amt paid to creditor 5400 Closing stock. 250 51500

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ANSWER

What are debentures. Give an example too

Posted by Rajendra Makhija 6 years, 10 months ago

CBSE > Class 12 > Accountancy

4 answers

Guddu Kumar 6 years, 10 months ago

It refer to acknowledge debt of company issued with comman seal

0Thank You

Shivangi Mall 6 years, 10 months ago

Long term loan are know as debenture Ex debt

1Thank You

Karan Choudhary 6 years, 10 months ago

Debunture are good nyc?

0Thank You

Kanak Khandelwal 6 years, 10 months ago

Debenture are a acknowledgement of debt

2Thank You

ANSWER

fictitious asset

Posted by Mohit Girdhar 6 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Kopal Shukla 6 years, 10 months ago

Fictitious asset r those asset which doesn't have any value

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Jot Randhawa 6 years, 10 months ago

Fictitious Assets are assets just created by an accounting entry which does not have a tangible existence or resalable value. It only represents actual cash expenditure.e.g preliminary expenses ;discount on issue of shares etc.

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ANSWER

What is merchandise

Posted by Mayank Bansal 6 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Jot Randhawa 6 years, 10 months ago

Merchandise is an inventory asset that a retailer, distributer, or wholesaler purchases from a supplier to sell for profit.

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ANSWER

when interest on capital is considered a charge ,do we have to make profit and loss a/c instead of profit and loss appropriation a/c??

Posted by Devika Rajesh 6 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

Dev Narula 6 years, 10 months ago

If IOC is considered a charge then there is no need to prepare p/L appropriation A/c

0Thank You

Divya Jyoti Jaiswal 6 years, 10 months ago

If their is profit then it is recorded in p&l app and if their is loss then it is recorded in p&l

1Thank You

Yo Boy 6 years, 10 months ago

1Thank You

ANSWER

Proposed dividend we take previous year amount in cab flow from operating

Posted by Prince Singh 6 years, 10 months ago

CBSE > Class 12 > Accountancy

4 answers

Kopal Shukla 6 years, 10 months ago

Proposed dividend previous year ka hi lenge

0Thank You

Animesh Jain 6 years, 10 months ago

No we have to take last year proposed dividend only .

0Thank You

Yo Boy 6 years, 10 months ago

It was previously adding proposed dividend of current year in operating and subtracting previous year's in financing but now only previous year's proposed dividend is given due consideration.

1Thank You

Shruti Nagpal 6 years, 10 months ago

No its chnge current year proposed divident should be add in operatng act.and in fincng act.it should be less

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Collectral secoretry

Posted by Vishal Tiwari 6 years, 10 months ago

CBSE > Class 12 > Accountancy