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Bank ac. Dr. (6000×94) To. Debs app ac (6,000×94) 10% Debs. App. Ac. Dr (6,000×94) Loss on issue of debs. Ac. Dr(6,000×6) To 10% Debs. Ac. (₹6,000×100)

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Accounting limitations

Posted by Ajay Kashyap Kashyap 6 years, 11 months ago

CBSE > Class 12 > Accountancy

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When nothing is specificied denebtures are to be redeemed on which date is it assumed that on the date it is issues it would be redeemed

Posted by Aditya Aggarwal 6 years, 11 months ago

CBSE > Class 12 > Accountancy

1 answers

Komal Yadav 6 years, 11 months ago

31st March

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New company Ltd. Has a nominal capital of Rs250000 in shares of Rs 10. Of these, 4000 shared were issued as fully paid in payment of building purchased 8000 shares were subscribed by the public and during the first year Rs 5 per share were called-up, payable Rs 2 on application, Rs 1 on allotment, Rs 1 on first and Rs 1 on second call. The amount received in respect of these share were: On 6000 shares full amount called On 1250 shares Rs 4 per share On 500 shares Rs 3 per share On 250 shares Rs 2 pet share The Directors forfeited the 750 shares on which less than Rs 4 had been paid. The shares were subscribed reissued at Rs 3 per share. Pass journal entries recoding the transactions.

Posted by Saba Azmi 11 months, 3 weeks ago

CBSE > Class 12 > Accountancy

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Answer sheet 2010 set 1

Posted by Veerendra Prajapati 6 years, 11 months ago

CBSE > Class 12 > Accountancy

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Legacies is a revenue item or capital item

Posted by Nandini Yadav 6 years, 11 months ago

CBSE > Class 12 > Accountancy

3 answers

J K 6 years, 11 months ago

Capital item because it can not be expected every year

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Risika Nath 6 years, 11 months ago

Btw it comes under the incme side n in ques its given in the revenue side

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Abhishek Rawat 6 years, 11 months ago

Its a revenue item i think

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Journal entries ke question dissolution se aate h kyaa

Posted by Bharat Shekhawat 6 years, 11 months ago

CBSE > Class 12 > Accountancy

5 answers

Cbse Student 6 years, 11 months ago

Dissolution chptr ki ?

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Shubham Khandelwal 6 years, 11 months ago

Jii bilkul aate hai 5 marks ke 5 entry aate hai

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Ayan Malik 6 years, 11 months ago

Yes! Dissolution entry ke question Aate Hain

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Keerthana Keerthana 6 years, 11 months ago

Accountancy sample paper 1 I want answers

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Cbse Student 6 years, 11 months ago

Nhi asa kuch fix nhi h ..kisi bhi chptr se aaskte hai

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Which company are exempted by sebi from creating debenture redemption reserve

Posted by Rashmi Shau 6 years, 11 months ago

CBSE > Class 12 > Accountancy

1 answers

Gaurav Seth 6 years, 11 months ago

Exemption to Create DRR Rule 18(7) of Companies (Share Capital and Debentures) Rules, 2013 exempts the following types of companies from creating DRR:
(i) All India Financial Institution regulated by Reserve Bank of India; and
(ii) Banking Companies.

As per the guidelines of Securities and Exchange Board of India i.e. SEBI ,initially the INFRASTRUCTURE COMPANIES along with the companies issuing debentures with a maturity period of not more than 18 months , Government companies were exempted from creating the debenture redemption reserve.

Now, as per the section 71(4) of The Companies Act 2013, it is mandatory for all the companies to create DRR atleast 25% of the debentures issued, except:

All India Financial Institutions regulated by RBI and Banking Companies.
For NBFCs registered with RBI , DRR will be value of debenture issued and no DRR is required in case of privately issued debentures.

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What do you mean by legacies

Posted by Rashmi Shau 6 years, 11 months ago

CBSE > Class 12 > Accountancy

1 answers

Gaurav Seth 6 years, 11 months ago

A legacy is any gift (monetary or asset) left in a person's Will; an instruction for part of your estate to be given to an individual or organisation after your death.

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Retirement and death ka format chahiye plz jaldi

Posted by Madan Mohan Sharma 6 years, 11 months ago

CBSE > Class 12 > Accountancy

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Two fundamental require sacrificing ratio

Posted by Saurabh Kasaudhan 6 years, 11 months ago

CBSE > Class 12 > Accountancy

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Working capital and fixed assets and current assets se capital employed kaise nilale

Posted by Deepak Kumar 6 years, 11 months ago

CBSE > Class 12 > Accountancy

1 answers

Tushar Bhandari 6 years, 11 months ago

W.C =CA +CL CA +FA=TOTAL ASSETS TOTAL ASSETS -C.L = CAPITAL EMPLAYED + LONG TERM DEBTS

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Ommision of intrest on drawing when drawings against capital and drawings against profit

Posted by Kewal Rai 6 years, 11 months ago

CBSE > Class 12 > Accountancy

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Solve this

Posted by Niki Saini 6 years, 11 months ago

CBSE > Class 12 > Accountancy

3 answers

Shubham Khandelwal 6 years, 11 months ago

Question kha hai devi ji ?? ??

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Lakshita Sharma 6 years, 11 months ago

Sorry i cnt solve an empty ques...??

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Lakshita Sharma 6 years, 11 months ago

Wht???

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Ts grewal books question

Posted by Manpreet Kaur 6 years, 11 months ago

CBSE > Class 12 > Accountancy

4 answers

Riya Jain 6 years, 11 months ago

Question no. 80 but, which chapter ?

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Mohd Shariq Ms Raza 6 years, 11 months ago

but I can help you

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Mohd Shariq Ms Raza 6 years, 11 months ago

dk h ts nhi h

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Manpreet Kaur 6 years, 11 months ago

Question 80

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How to deal with provisions of doubtful debt

Posted by Anupama Palnitkar 6 years, 11 months ago

CBSE > Class 12 > Accountancy

2 answers

Riya Jain 6 years, 11 months ago

Provision for doubtful debt deducted from debtors, these are non paid liability.

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Divya Gupta 6 years, 11 months ago

In which chapter?

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State the primary objective of preparing a cash flow statement

Posted by Rupali Ali 6 years, 11 months ago

CBSE > Class 12 > Accountancy

1 answers

Divya Gupta 6 years, 11 months ago

To determine the inflows and outflows of cash and cash equivalent of an enterprise

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Priya ltd. Issued 30,000, 8% debentures of ₹200 each on August 1, 2011 redeemable as follows: On 31st March, 2015 6,000 Debentures On 31st March, 2016 7,000 Debentures On 31st March, 2017 7,000 Debentures On 31st March, 2018 10,000 Debentures

Posted by Akash Nagar 6 years, 11 months ago

CBSE > Class 12 > Accountancy

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Calculate inventory turnover ratio and operating ratio,opening inventory₹28000,closing inventory₹22000,purchase₹40000,revenue from operation ₹80000,carriage inward₹4000,employees benefit expenses₹4000and depreciation₹2000

Posted by Pradeep Kumar 5 years, 8 months ago

CBSE > Class 12 > Accountancy

1 answers

Dhruv Jain 6 years, 11 months ago

Jfitgkgig

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A partnership firm has 50 members all the partners are agreed to admit A and B can A and B can admit? give reason

Posted by Khushboo Kumari 6 years, 11 months ago

CBSE > Class 12 > Accountancy

3 answers

Mohd Shariq Ms Raza 6 years, 11 months ago

It's a presence of partner ship they admit both but not it share profit because limit of partner ship 50,, but both admit in distributed earn profit in equally

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Surbhi Mishra 6 years, 11 months ago

No they are not admit because partnership has only 50 members

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Divya Gupta 6 years, 11 months ago

No because in a partnership there are maximum 50 members

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Can i make my accounts project on sole proprietorship??

Posted by Amit Sheoran 6 years, 11 months ago

CBSE > Class 12 > Accountancy