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    • Posted by Safi Siddique 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Gaurav Seth 6 years, 10 months ago

    Difference beteween Fixed Capital Account and Fluctuating Capital Account on the basis of credit balance is mentioned below:

    2Thank You

    ANSWER

    • Posted by Pri Yanka 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Pragati Aggarwal 6 years, 10 months ago

    Here the new profit sharing ratio is 3:3:1 Thus the gaining ratio of P&Q is 2/21 & 2/21 The share of goodwill to be adjusted is 8000Rs. The entry is, P's capital a/c Dr. 4000 Q's capital a/c Dr. 4000 .... To R's capital a/c......8000 (adjusting of share of goodwill)

    1Thank You

    ANSWER

    • Posted by Zainab Siddiqui 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Safi Siddique 6 years, 10 months ago

    Recieve 10 year sample paper from goggle

    1Thank You

    ANSWER

    • Posted by Shilpi Devnani 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Mayank Tripathi 6 years, 10 months ago

    What you want to ask

    0Thank You

    ANSWER

    • Posted by Rakesh Maurya 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Pragati Aggarwal 6 years, 10 months ago

    Rental income is taken under the investing activities because all the earnings from our investments are added in the calculation of investing activities. And rents are the income from our establishments which are put on rent. Thus these are taken in investing activities.

    1Thank You

    ANSWER

    • Posted by Sanjana Sharma 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Mayank Tripathi 6 years, 10 months ago

    It is a share which is issued by company to its employees for their services it disposed of with in one year from the date of allotment it is pre determined price it issues under Section 62 subsection 1 under which sub section b of Companies Act 2013

    1Thank You

    ANSWER

    • Posted by Gaurav Mukesh 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Aman Nagar 6 years, 10 months ago

    Realisation A\C Dr.1 4008 To BankA\C 14008

    0Thank You

    ANSWER

    • Posted by Ghulam Rabbani 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Sukhdeep Singh 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Mayank Tripathi 6 years, 10 months ago

    Your question is npt correct

    0Thank You

    Riya Jain 6 years, 10 months ago

    Is it?? I thougt that it is also mentioning in operating!!

    0Thank You

    ANSWER

    • Posted by Roma Yadav 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Gaurav Mukesh 6 years, 10 months ago

    see answer of above question

    1Thank You

    Yogita Ingle 6 years, 10 months ago

    Proposed dividend is the amount of dividend that the co. directors have agreed to pay to its shareholders. This dividend is not paid at the time when proposes it. As per the latest amendment, the proposed dividend will not be shown in the Balance Sheet. It will be mentioned in the adjustments only.

    3Thank You

    ANSWER

    • Posted by Prerana Arya 6 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Riya Jain 6 years, 10 months ago

    What do you want to know??

    3Thank You

    ANSWER

    • Posted by Ushita Shekhawat 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Gaurav Seth 6 years, 11 months ago

    <main id="main" role="main"> <article id="post-146">

    Capital accounts of the partners can be maintained in two ways;

    1) Fixed Capital Accounts

    2) Fluctuating Capital Accounts

    1) Fixed Capital Accounts

    Under this method the capital invested by the partners remains constant unless additional capital is brought in or some part of the existing capital is withdrawn permanently by agreement. Entry is made in the Capiatl accounts only to record the capital inroduced or withdrawn permenently by the partners . All the other transactions relating to drawings, interest on capital or drawings, salary or commission to the partners, share of profit or loss etc are recorded in the newly opened Current Accounts.

     

     

     

    Thus the two accounts are maintained in the books of the firm are:

    a) Capital accounts b) Current accounts

    PROFORMA OF CAPITAL ACCOUNTS

    CAPITAL ACCOUNTS OF THE PARTNERS

    Particulars  A  B  C Particulars  A  B  C

    To Cash / Bank A/c (withdrawl of capital account)

    To balance c/d

    		      

    By balance b/d(opening balance)

    By cash/ Bank A/c(additional capital introduced)

    		      
                   

    CURRENT ACCOUNTS

    Particulars  A  B  C  Particulars  A  B  C

    To balance b/d

    To drawings

    To interest on drawings

    To P & L appropriation

    To Balance c/d

    		      

    By balance b/d(in case opening balance)

    By Interest on Capital

    By Salary

    By Commission

    By Profit and Loss appropriation A/c

    		      
                   

    2) Fluctuating Capital Account

    Under this method only one account is maintained i.e. Capital account. All the entries relating to drawings, interest on drawings, interest on capital account, salary, commission, profit or loss share etc are recorded in the capital accounts.

    CAPITAL ACCOUNTS

    Particulars   A  B   C  Particulars   A   B   C

    To drawings  A/c

    To interest on drawings A/c

    To P & L appropriation A/c(Loss share)

    To Balance c/d

    		      

    By balance b/d

    By Interest on Capital A/c

    By Salary A/c

    By Commission A/c

    By Profit and Loss appropriation A/c (Profit share)

    		      
                   
    </article> </main>

    3Thank You

    ANSWER

    • Posted by Khushi Khandelwal 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Riya Jain 6 years, 10 months ago

    The investor is whom who had gave you money money when you required, In return they charge or offered some intrest as it is their preffrance..

    2Thank You

    ANSWER

    • Posted by Vishal Dhedhar 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Mayank Tripathi 6 years, 10 months ago

    Sweat equity share = these are those shares which are issued by company to its employees for their services

    1Thank You

    Gaurav Seth 6 years, 11 months ago

    Sweat equity shares means such equity shares as are issued by a company to its directors or employees at a discount or for consideration, other than cash, for providing their know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called. Such shares can only be issued to:

    1. •a permanent employee of the company who has been working in India or outside India, for at least last one year; or
    2. •to a director of the company, whether a whole time director or not; or
    3. •an employee or a director mentioned above of a subsidiary, in India or outside India, or of a holding company of the company

    3Thank You

    ANSWER

    • Posted by Safi Siddique 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Vishal Dhedhar 6 years, 11 months ago

    Common size statement is vertical analysis whereas comparative statement is horizontal analysis

    1Thank You

    ANSWER

    • Posted by Gaurav Mukesh 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Shanu Kumari 6 years, 11 months ago

    Yes dividend pay in financing act of pervious year and it is include of cash flow statement

    1Thank You

    Shagun Vishwakarma 6 years, 11 months ago

    No, only dividend paid is included in it

    1Thank You

    ANSWER

    • Posted by Disha Jain 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 4 answers

    Mayank Tripathi 6 years, 10 months ago

    According to new amendment proposed dividend of current year is not included anywhere and previous year of proposed dividend is gone in working note and financing activity

    0Thank You

    Shanu Kumari 6 years, 11 months ago

    Current year dividend will be added in operating act and pervious year will be deducted in financing act

    0Thank You

    Shagun Vishwakarma 6 years, 11 months ago

    O/p year dividend will be added to operating activities and deducted from financing activities

    1Thank You

    Gaurav Mukesh 6 years, 11 months ago

    the proposed dividend of opening year is added to operating activities.

    1Thank You

    ANSWER

    • Posted by Om Saini 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Gaurav Seth 6 years, 11 months ago

    The comparative financial statements are statements of the financial position at different periods; of time. The elements of financial position are shown in a comparative form so as to give an idea of financial position at two or more periods. Any statement prepared in a comparative form will be covered in comparative statements.

    From practical point of view, generally, two financial statements (balance sheet and income statement) are prepared in comparative form for financial analysis purposes. Not only the comparison of the figures of two periods but also be relationship between balance sheet and income statement enables an in depth study of financial position and operative results.

    1Thank You

    ANSWER

    • Posted by Garima Madaan 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Sania Sultana 6 years, 11 months ago

    Cash flow statement is prepared to know the financial position of business during a time in terms of cash and cash equivalent

    1Thank You

    Khushi Khandelwal 6 years, 11 months ago

    Cash flow is prepared to know the inflow and outflow of cash in the organisation.

    1Thank You

    ANSWER

    • Posted by Priyanka Chawla 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Vansh Rastogi 6 years, 11 months ago

    Yes We want of boards viva practical paper

    2Thank You

    ANSWER

    • Posted by Subha S 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by #Wwe And Funny Videos By Shubham 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Yogita Ingle 6 years, 11 months ago

    An endowment fund is a financial asset, typically held by a non-profit organization, which contains the capital investments and related earnings leveraged by the non-profit organization to fund the overall mission.

    1Thank You

    ANSWER
    Ritu and nidhi are partners sharing profit and looses in ratio 3:2 they asmit hemant as a new partner from 1st april 2015 ritu gives 1/3rd of her share nd nidhi gives 1/10th of her share to hemant the balance sheet as follows Liablities amt assests amt Ritu capital 32600 land and Building 6000 Investment 5000 Nidhi capital 40400 (market value Workmen com 2000 4500) Pensation reserve debtors 30000 Employe provident stock 10000 Fund 1000 bank 27000 P/f/D/D 1000 (a) hemant brings 30000 as his capital .his share of goodwill was determined 18000 he could bring in only 60% of his share. (b) land and building was found to be undervalued by 10000 stock was found overvalued bt 7000 nd provision for doubtful debts to be made equal to 5% of debtors. (c) calital accounts of old partners to be adjusted in the new profit sharing arrangement on the basis of hemant capital ,any excess of deficiency to be adjusted in cash. Prepare revaluation a/c partners capital a/c and balance sheet of the new firm.

    • Posted by Aditi Malviya 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Manpreet Kaur 5 years ago

    amswer

    3Thank You

    ANSWER

    • Posted by Abass Wani 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Main Singh 6 years, 11 months ago

    "IOI" WHAT ? WHERE ? WHEN ? HOW ? WHAT TO DO WITH THIS ? GIVE COMPLET QUESTION CBSE BOY .

    3Thank You

    ANSWER

    • Posted by Mayank Sarathe 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 7 answers

    Riya Jain 6 years, 10 months ago

    Cash A.c ..........dr to partner's capital a.c

    0Thank You

    Roma Yadav 6 years, 10 months ago

    Partner's capital a/c Dr. To cash a/c

    0Thank You

    Roma Yadav 6 years, 10 months ago

    Premium of goodwill A/C DR. ..... To All partner 's capital A/C .....

    0Thank You

    Raghav Gaur 6 years, 11 months ago

    Cash a/c-dr. To partners cap. A/c

    0Thank You

    J K 6 years, 11 months ago

    Because cash is going out of business from premium for goodwill a/c a by the partner

    0Thank You

    J K 6 years, 11 months ago

    Partner a/c-dr. To premium for goodwill a/c

    0Thank You

    Garima Madaan 6 years, 11 months ago

    I think sooo Cash A/C-Dr To Goodwill A/C

    3Thank You

    ANSWER

    • Posted by Vansh Rastogi 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Khushi Khandelwal 6 years, 11 months ago

    Yes i have given it today only and in 12 marks written test 1 cash flow question was given and 2 ratio questions were given.. and in viba i was asked what is trading on equity , difference between charge and appropriation and difference between profit and loss account and profit and loss appropriation account.

    1Thank You

    Mayank Sarathe 6 years, 11 months ago

    In our school it was predecided and we also know about the question 1 question was of cashflow statement and one was from ratios came in written test and we all attended it very well

    1Thank You

    Vansh Rastogi 6 years, 11 months ago

    How were the ques of 12 marks written test ?

    1Thank You

    ANSWER

    • Posted by Battu Navodayan 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Jayakrishna Menon 6 years, 11 months ago

    5000 in dr side of revaluation

    4Thank You

    ANSWER

    • Posted by Rahul Ostwal 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Roma Yadav 6 years, 10 months ago

    After making calls of all the shares.. If the shareholder is unable to pay its all calls or any one of them then the company forfeite its share that share is known as forfeiture of share..

    0Thank You

    Dinesh Yadav 6 years, 11 months ago

    These are thise share fir which the shareholder give not payment of these share theb company cancel their shares it is known as forfeiture if share

    0Thank You

    Rishabh Jain 5 years, 8 months ago

    Those share which shareholder paid that share were forfited when they not give call monay

    0Thank You

    ANSWER

    • Posted by Keerthi Murali 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Mayank Sarathe 6 years, 11 months ago

    Its majorly ask few question related to file and in our school the main focus of asking question is from ratios and parternship thory,read and learn all ratios formulae and use of it

    1Thank You

    ANSWER

    • Posted by Kaju Kalu 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    J K 6 years, 11 months ago

    Payment is made debit side of dissolution a/c

    0Thank You

    ANSWER

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