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  • 1 answers

Gaurav Seth 6 years, 11 months ago

When a company desires to borrow a considerable sum of money for its expansion, it invites the general public to subscribe to its debentures. A debenture is a certificate issued by the company acknowledging the debt due by it to its holders and is issued by means of a prospectus in the same manner as shares.

  • 2 answers

Gaurav Seth 6 years, 11 months ago

When any asset is acquired by a company, the payment of purchase price may be made by the issue of shares or in cash to the vendor. When shares are issued against the purchase price, it is called ‘Issue of shares for consideration other than cash’. In other words cash is not received by the company against such shares. In this case shares are not issued to the public in general.

Such shares may be issued to the vendor either:

(i) At par or

(ii) At a discount or

(iii) At a premium.

Illustration:

(Issue of share against purchase of Assets). R.K. Ltd. purchased a building from Ravi for Rs 90,000 payable in fully paid shares of Rs 10 each.

Pass Journal Entries when:

(i) Shares are issued at par.

(ii) Shares are issued at 10% discount.

(iii) Shares are issued at 20% premium.

Hemant Mishra 6 years, 11 months ago

Banking wala? Chapter
  • 1 answers

Cbse Student 6 years, 11 months ago

Uncle ji aap book issue kr lijiye ek arihant ki bst book hai
  • 4 answers

Cbse Student 6 years, 11 months ago

Thanku soo much riya jain? will u be my frnd

Cbse Student 6 years, 11 months ago

Thanku soo mich hemant gritlahre?

Hemant Ghritlahre 6 years, 11 months ago

U need to do preparation of financial statements analysis. It will carry 20 marks. And was easy. Don't let that one. And all the best ?

Riya Jain 6 years, 11 months ago

You should be perfect in partnership. Good luck for you exam.
  • 5 answers

Tanishka Mittal 6 years, 11 months ago

Revaluation ac dr. To partners ac. Then it is dr. To partners ac.

Riya Jain 6 years, 11 months ago

But i am asking for retirement.

Abhay Pandey 6 years, 11 months ago

It is credited to realisation account Partners capital a/c dr To realisation a/c It is debited to his capital a/c

Riya Jain 6 years, 11 months ago

What if it is given to retirment??

Tanishka Mittal 6 years, 11 months ago

1.partners capital ac. Dr. To asset ac. It is the general entry there is different treatment indissolution ch. Asset ac. Dr. To realisation ac Realisation ac. Dr. To partners capital ac.
  • 2 answers

Cbse Student 6 years, 11 months ago

80 mrks k board exam ppr ,20 mrks pratical
80 marks k
  • 1 answers

Ayush Bhatnagar 7 years ago

Wo specfic ha es liya donation ma add nhi ho ga
  • 2 answers

Suraj Kaushal 7 years ago

NPO is most important because this is 1st time in class 12

Kavita S 7 years ago

Cash flow........., ratio..., share capital.....,, debenture.......
  • 1 answers

Ayush Sachan 7 years ago

"25% on the face value debenture issued from Surplus in Statement of P & L A/c"
  • 6 answers

Hemant Ghritlahre 6 years, 11 months ago

Tq u very much j k bhai this was a right way to complete all the questions on time. In my 2nd preboard exam I do the same thing tq and I complete my questions on time

Hemant Ghritlahre 6 years, 11 months ago

Thanks yrrr I think it was a good idea to get higher marks also with timely completion thank u very much really appreciate by u

J K 6 years, 11 months ago

First attempt section -B from last question then section A again from last question by following this you can complete on time and if not then you have attempted higher marks question it will feel you secure

Abhay Pandey 6 years, 11 months ago

Do more and more practice of questions

Kavita S 7 years ago

Firstly you should read q.... in reading time then you should start from very first question with caammmmmm...... mind then Doing all the question setp by step I think this will help you to complete all the question on time

Riya Jain 7 years ago

I also stuck in such kind of sitution, also need help ........ Itni slow hu ki sirf half hi attempt kr pati hu .!!!!!!!
  • 1 answers

Arshdeep Sandhu 7 years ago

U should need to first of all revise all formats of accounts . It helps to imagine question in your mind and then think ques related materials like assets, liabilities expenditure , income and other like cashflow etc which carries soo much marks in the accounting..
  • 3 answers

Cbse Student 6 years, 11 months ago

Ok thankuu

Chetna Singh 6 years, 11 months ago

Npo cashflow, shares, admission, fundamental partnership . These 5 chapters carry near about 50 marks.

Arshdeep Sandhu 7 years ago

NPO , Cashflow , Shares , Ratio , and theory of all chapters
  • 1 answers

Risika Nath 7 years ago

May b it is used to meet any unknw liability but as we knw reserve r bt set aside for meeting nhi knw liablity so it must b given in the ques abt wht to do wid the remaining reserve
  • 1 answers

Abhay Pandey 7 years ago

Luca pacioli
  • 2 answers
Because it was the expenditure. Partners in the firm wanted to do promotion of their products and for that they do promotional like add in TV providing online service and may more. Which was the expenditure of firm. That's why they deduct that amount.

Risika Nath 7 years ago

Advertisement expn is an expense so it is deducted bt wcr if it is nt claimed then cn be distributed among partner
  • 3 answers

Aastha Garg 6 years, 11 months ago

bcoz dep is a non-cash expense

Abhay Pandey 6 years, 11 months ago

Because it is a summary of cash book and depreciation does not lead to inflow or outflow of cash

Gaurav Seth 7 years ago

Receipts and Payments Account is a real account which is prepared following the cash basis of accounting. That is, it recognises revenue and expenses at the time of actual receipt or payment in cash. This account records Cash receipts on the debit side and cash payments on the credit side.

Depreciation being a non-cash expenses is not accounted in Receipts and Payments Account.

  • 1 answers

Risika Nath 7 years ago

Contingent liability n according standard 4 it now comes under notes to account
  • 1 answers

Risika Nath 7 years ago

They dont actually add to get total asset bt to get the total liability n as we knw total asset=total liability so dis formula is used
  • 1 answers

Abhay Pandey 6 years, 11 months ago

To know inflow and outflow of cash
  • 3 answers

Cbse Student 6 years, 11 months ago

Arihant is best book for the practice .
If u want to study through pdf u Need to right pdf with sample paper and download that.

Riya ? 7 years ago

From my point of view 'arihant' is best
  • 3 answers

Risika Nath 7 years ago

Reconstitution of firm means the firm will share their present profit in ther old psr and new agreement will be made
With the consent of all the partners

Harvind Singh 7 years ago

Is it possible
  • 1 answers

Risika Nath 7 years ago

Whn we find out the goodwill it is of 1 yr n in no of yrs purchase the exact yr is given so the gw is multiplied with no of yrs purchase
  • 2 answers

Gurpreet Singh 7 years ago

Capital employed = total assets - current liab So 120000-10000 = 1,10,000 Normal profit = capital employed x NRR/100 So 1,10,000 x 8/100 = 8800 Now, g/w is given by 60000 superprofit = 15000 Super profit = actual average profit- normal profit 15000 = actual profit - 8800 Ans- actual profit = 23800

Harvind Singh 7 years ago

23800
  • 1 answers

Vaishali Gupta 7 years ago

Journal Entries 2018 June 30 12% Debentures A/c Dr 1000000 To Debenture Holders A/c 1000000 (Being amount due for redemption) June30 Debenture Holders A/c Dr 1000000 To Bank A/c 1000000 (Being payment made to Debenture holders on redemption)
  • 1 answers

Rishita Sahu 7 years ago

Long term provision is non current liabilities which is kept aside by the company to fullfill their expenses or other liabilities
  • 1 answers

Yogita Ingle 7 years ago

Employee stock option plan is an option given by the company to its employees to subscribe to the shares of the company.
Now why the company gives option to its employee:
It will create a sense of belongingness among employees. They will feel committed towards the company. It is a kind of non cash incentive to the employee.
Why would the employee purchase the shares since he is already getting his salary?

The answer is shares are offered at a price less than the market price of share so in this employee gets a benefit. Instead of buying shares from market he is getting shares at less than market price. The price offered by company is called Exercise Price.

The difference between exercise price and market price is treated as an expense by the company.

  • 1 answers

Sumit Raghav 7 years ago

When companies takes a loan from any financial institution so companies does submit the any own asset to that institution as a collateral security

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