No products in the cart.

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

Ask Question

    • Posted by Ayush Jain 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Kaveri Kesarwani 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Aditya Aggarwal 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Yo Boy 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Yo Boy 6 years, 10 months ago

    Right!?

    3Thank You

    Tanishka Mittal 6 years, 10 months ago

    Realisation ac dr. To concerned partners capital ac

    2Thank You

    ANSWER

    • Posted by Smriti Agrawal 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Deependra Lawaniya 6 years, 10 months ago

    Total capital of the firm= 120000 x 5 =600000(reciprocal of z capital) Z capital = 120000 X capital = 480000 x2/5=192000 Y capital= 480000 × 3/5=288000

    2Thank You

    ANSWER

    • Posted by Pardeep Kaur 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 4 answers

    Kopal Shukla 6 years, 10 months ago

    Accounts mein examiner chapters ke companies act or section puchhte hai or bs basic question puchte hai like provident fund kyon nhii distribute kiya jata , kya reason hai or goodwill fixed assets kaise hai , provision or reserver ke beech mein diff , goodwill ka accounting standard kya h , cash flow ka accounting standard kya h.

    0Thank You

    Farhan Ahmed 6 years, 10 months ago

    Prepare yourself

    0Thank You

    Tanishka Mittal 6 years, 10 months ago

    Study your project carefully and while giving answer take that situation on you

    0Thank You

    Anuj Kumar 6 years, 10 months ago

    i dont know

    2Thank You

    ANSWER

    • Posted by Shilpa Kathor 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Shiprajit Kaur Rehal 6 years, 10 months ago

    Just to portray somethingw actually not there

    2Thank You

    ANSWER

    • Posted by Devika Rajesh 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Pretty Girl 6 years, 10 months ago

    when we make income and expenditure account the subscription for the current year is to be taken in which only outstanding subscription for previous year is to be added and rest will less from it... at the time of balance sheet advance subscription is to be shown at the credit side..

    0Thank You

    ANSWER

    • Posted by Kittu Choudhary 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Pretty Girl 6 years, 10 months ago

    increase in bill receivables , increase in stock in trade

    1Thank You

    ANSWER

    • Posted by Yo Boy 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Yo Boy 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Mr. Nd Stranger 6 years, 10 months ago

    Investment fluctuation reserve directly tranaferred to the cr. Side of the realisation a/c ....then, no further calcuation....doesnot matters whether the value of investment is increasing or decreasing.....

    7Thank You

    Pretty Girl 6 years, 10 months ago

    investment fluctuation reserve will not be shown in realisation account it is to be distributed among the partners in partners capital account????

    2Thank You

    ANSWER

    • Posted by Pretty Girl 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Krishanu Saxena 6 years, 10 months ago

    1 april se uske mrne ke date tk ke months count kr lo.... Then months/12 krke share nikl lo

    0Thank You

    ANSWER

    • Posted by Pretty Girl 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Krishanu Saxena 6 years, 10 months ago

    Time left after first drawing - time left after last drawing ________________________________________ 2

    0Thank You

    Financial And Business Master 6 years, 10 months ago

    Beggining 6.5/12 and middle 6/12. End.5.5/12

    2Thank You

    Divya Jyoti Jaiswal 6 years, 10 months ago

    Capital×month/12

    0Thank You

    ANSWER

    • Posted by Pretty Girl 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Divya Jyoti Jaiswal 6 years, 10 months ago

    On the basis of profit:- Average profit×days /365 or month/12 × his share

    0Thank You

    Divya Jyoti Jaiswal 6 years, 10 months ago

    On the basis of sale:- Sales of c.y/sales of p.y× profit of p.y×his share

    0Thank You

    ANSWER

    • Posted by Pretty Girl 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Devendra Kumar 6 years, 10 months ago

    We are not find applied or alloted shares It was given in question We are on put a formula applied or alloted formula Alloted = pro rata / acutal no. of share × alloted share

    0Thank You

    ANSWER

    • Posted by Salma Begum Choudhury 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Lalit Pal 6 years, 10 months ago

    Ch: 4,5,6,7,8,cash flow

    1Thank You

    ANSWER

    • Posted by Kiran Thakran 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Riya Jain 6 years, 10 months ago

    They are liability to the firm

    1Thank You

    ANSWER

    • Posted by Shweta Aggarwal 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Gaurav Seth 6 years, 10 months ago

    1] Ascertainment of the Arithmetical Accuracy

    We record the entire debit as well as the credit balances of the ledger accounts in a Trial Balance. In other words, it is the summary of all the ledger accounts. The total of debit side shall be equal to the credit side, for the trial balance to get tallied. When it tallies, we assume that the posting and the balancing of the ledger accounts are accurate. Thus, it ensures the arithmetical accuracy of the ledgers. However, this is not the conclusive evidence of the correctness and the accuracy of the ledger accounts.

    2] Locating the Errors

    It helps in locating the errors in the posting or recording of the transactions. When a Trial Balance does not tally, then we know that the errors must have occurred at the time of

    1. totaling the Subsidiary books
    2. posting in the ledgers
    3. balancing the accounts
    4. writing the account balances in the trial balance
    5. totaling the trial balance. After finding the errors we need to rectify them.

    3] Preparation of Financial Statements

    The Trial Balance is a summary of all the ledger account balances. Thus, while preparing the final accounts, we do not need to refer the individual accounts. We can take the final balances of the accounts directly from the Trial Balance. We directly transfer the final balances to the Trading and Profit and Loss A/c and Balance Sheet

    4Thank You

    ANSWER

    • Posted by Utkarsh Anand 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Sujal Poonia 6 years, 10 months ago

    Issue of Shares,NPO,Cash Flow,Addmission of partner,Dissolution of partnership firm,fundamental of Partnership,Retirement or Death of Partner

    5Thank You

    ANSWER

    • Posted by Shweta Aggarwal 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Sujal Poonia 6 years, 10 months ago

    Dr.-what comes in Cr. -what goes out

    0Thank You

    Divya Jyoti Jaiswal 6 years, 10 months ago

    Debit record and credit record

    0Thank You

    ANSWER

    • Posted by Shweta Aggarwal 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Yogita Ingle 6 years, 10 months ago

    There  are  five Different types of errors which don’t affect the trial balance ,  

    (1) Error of omission :- Where in the full transaction is omitted from the books of accounts.  
    (2) Error of commission :-  Where we have entered the correct amounts but in wrong person’s account.   
    (3) Error of principle :- This type of error takes place when an item is entered in wrong head or class of accounts.  

    (4) Error of compensation :- These  are that errors which cancel the effects of each other.  

    (5) Error of complete reversal of entries :- These errors occur when we debit and credit the two or more aspects of a transaction wrongly using correct figures or amounts.  

    (6) Error of original entry Entering wrong original figure or amount in an accounts.  

    Error of transition Error of transition can be defined as switching the sequence of digits of amount or figure of a transaction.

    1Thank You

    ANSWER

    • Posted by Shweta Aggarwal 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Shilpa Kathor 6 years, 10 months ago

    C.Y. dividend is add in OA and P.Y. dividend is less from the F.A.

    0Thank You

    Yo Boy 6 years, 10 months ago

    It is deducted from proposed dividend of previous year and total is shown in financing activities as dividend paid

    0Thank You

    Divya Jyoti Jaiswal 6 years, 10 months ago

    Added on net profit before tax in O.A

    1Thank You

    ANSWER

    • Posted by Shweta Aggarwal 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Devendra Kumar 6 years, 10 months ago

    For better knowing of things

    0Thank You

    Divya Jyoti Jaiswal 6 years, 10 months ago

    I am not sure

    0Thank You

    Divya Jyoti Jaiswal 6 years, 10 months ago

    It is the summerised form of journal.may be

    1Thank You

    ANSWER

    • Posted by Sakshi Goyal 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Shweta Aggarwal 6 years, 10 months ago

    Epf is shown under the head short term provision of current assets

    0Thank You

    ANSWER

    • Posted by Nitesh Kumar 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Shweta Aggarwal 6 years, 10 months ago

    Kon s chapter

    0Thank You

    ANSWER

    • Posted by Shweta Aggarwal 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Gaurav Seth 6 years, 10 months ago

    The following are the importance of journal:-

    1. Each transaction is recorded as soon as it takes place. So there is no possibility of any transaction being omitted from the books of account.
    2. Since the transactions are kept recorded in journal chronologically with narration, it can be easily ascertained when and why a transaction has taken place.
    3. For each and every transaction which of the two concerned accounts will be debited and which account credited, are clearly written in journal. So, there is no possibility of committing any mistake in writing the ledger.
    4. Since all the details of transactions are recorded in journal, it is not necessary to repeat them in ledger. As a result ledger is kept tidy and brief.
    5. Journal shows the complete story of a transaction in one entry.
    6. Any mistake in ledger can be easily detected with the help of journal.

    2Thank You

    ANSWER

    • Posted by Gjkkkjjn Fhjjjh 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Prachi Singh 6 years, 10 months ago

    Bank A/C......Dr. 2,94,000 To realisation A/C 2,94,000

    1Thank You

    Shweta Aggarwal 6 years, 10 months ago

    Bank A/C. Dr. 300000 To realisation A/C 300000 Realisation A/C. Dr. 6000 To Bank A/C. 6000

    0Thank You

    ANSWER

    • Posted by Bhavesh Sharma 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Varun Kumar 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Harkirat Singh 3 years ago

    20

    6Thank You

    Shweta Aggarwal 6 years, 10 months ago

    Ques kya h

    17Thank You

    ANSWER

    • Posted by Devika Rajesh 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Divya Jyoti Jaiswal 6 years, 10 months ago

    Borne by means to whom it is imposed and paid by means by whom it is paid.

    2Thank You

    ANSWER

    myCBSEguide App

    myCBSEguide

    Trusted by 1 Crore+ Students

    Install Now

    Test Generator

    Test Generator

    Create papers online. It's FREE.

    Try Now

    CUET Mock Tests

    CUET Mock Tests

    75,000+ questions to practice only on myCBSEguide app

    Install Now
    Google Play

    Download myCBSEguide App

    All Courses

    Other Websites

    CBSE Courses

    Resources

    Corporate

    NCERT Solutions

    CBSE Sample Papers

    All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2025