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

Study according to your syllabus it's not necessary to study 5-6 hours if you are getting enough knowledge in 1-2 hour then why study for 5-6 hours and do quality study and smart study if you want any help contact me on Insta @mgarg3230

0Thank You

Gaurav Bansal 7 years ago

It is vary on person to person. But atmost 5 -6 hour self study and atleast 3 hour

1Thank You

ANSWER

Simple tricks to study accountancy

Posted by Meghna Warriar 7 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

A, B, and C are partners in a firm sharing profit and losses in the ratio 3:2:1. The capitals were Rs100000, rs75000, respectively. They agreed to allow interest on capital @10%p.a. Their drawings for the year were Rs10000, rs 8000 and Rs6000 respectively. C was very active getting salary of Rs.2000 p.m.and in return, he guaranteed that firm's profit would not be less than 80000 before charging or allowing interest and salary payable to C actual profit for the year ending 31st march 2017 was Rs.75000. Prepare Profit and loss appropriation A/c and partners capital Account.

Posted by Roshni Raj 7 years ago

CBSE > Class 12 > Accountancy

3 answers

Charu Gautam 7 years ago

75000 - int on cap (10000+7500+5000)-salary (24000) =28500 A profit 14250-1950 =12300 B 9500-1300=8200. C 4750-3250=8000

0Thank You

Roshni Raj 7 years ago

C capital is Rs.50000

0Thank You

Charu Gautam 7 years ago

Where is C 's capital

1Thank You

ANSWER

Profit and loss account

Posted by Priyansh Sisodia 7 years ago

CBSE > Class 12 > Accountancy

2 answers

Priyansh Sisodia 7 years ago

Sorry for this question pls ignore this

1Thank You

Priyansh Sisodia 7 years ago

Only just trying only (how to use this; -ask questions)

1Thank You

ANSWER

Why we need to make the recipt and expenditure account

Posted by Akki Malik 7 years ago

CBSE > Class 12 > Accountancy

1 answers

J K 7 years ago

To record the all cash receipt and payment made during the year so npo prepares receipt and payment a/c

1Thank You

ANSWER

Xyz ltd provides the following information.determine cash flow from financing activities: Equity share capital 1500000 (current yr) 1000000 (previous year ) 10% debentures currnet yr nil previous year 100000 8% debentured current yr 200000 previous yr nil Additional information: Interest paid on debentures 10000 Dividend paid 50000 During the year 2017-18 xyz ltd issued bonus shares in the ratio 2:1 by capitalising reserve.

Posted by Archana Menon 7 years ago

CBSE > Class 12 > Accountancy

2 answers

J K 7 years ago

From 1st April 2017 to 31st March 2018 will be current year for preparing cashflow statement year ended 31st March 2018

1Thank You

Riya Jain 5 years, 8 months ago

2017-18 is current yr or prev yr??

1Thank You

ANSWER

How are calculat goodwill

Posted by Priyanka Rani 7 years ago

CBSE > Class 12 > Accountancy

1 answers

J K 7 years ago

Goodwill can be calculate by three methods; 1.average profit method 2.super profit method 3.capitalisation method

1Thank You

ANSWER

Full theory of dissolution

Posted by Ajay Negi 7 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

What is p/l app a/c ?

Posted by Khushboo C 7 years ago

CBSE > Class 12 > Accountancy

3 answers

Love Sandhu 7 years ago

In this a/c only appropriations of partners are recorded not losses

1Thank You

Mayank Garg 7 years ago

In this partners divide their profit in there appropriate ratio after making adjustments of partners

2Thank You

Ajay Negi 7 years ago

Hii

2Thank You

ANSWER

How we prepare realisation account

Posted by Aditya Saini 7 years ago

CBSE > Class 12 > Accountancy

2 answers

Gaurav Rana 7 years ago

Relisation acc is preaper relise of assets and repayment of liablites

0Thank You

Ishaa Yadav 7 years ago

Make the format with ruler write realisation a/c at top in mid then trnsfr all assets except cash bank fictitious assets to dr.side and liab except insiders loan and reserves to cr side then do the necessary adjustments as per questions

0Thank You

ANSWER

What is P&L Adjustment A/C ?

Posted by Garvit Goyal 7 years ago

CBSE > Class 12 > Accountancy

1 answers

Gaurav Bansal 7 years ago

Revaluation a/c

1Thank You

ANSWER

as per receipt and payment account what the year ended on 31st March 2008 subscription received where RS 250000 additional information given is as follows: 1. subscription outstanding on 1st April 2007 RS 50,000 2. subscription outstanding on 31st March 2008 Rs 35,000 3. subscription received in advance as on 31st March 2008 Rs 30,000 Ascertain the amount of income from subscription for the year 2007- 2008

Posted by Abdulazeem Mulla 7 years ago

CBSE > Class 12 > Accountancy

2 answers

Mayank Garg 7 years ago

205000

2Thank You

Kittu Das 7 years ago

205000

2Thank You

ANSWER

tournament fund appears in the books rupees 15000 and expenses on tournament during the year where rupees 18000 how will you show this in format while preparing financial statement of a not for profit organisation

Posted by Abdulazeem Mulla 7 years ago

CBSE > Class 12 > Accountancy

2 answers

Love Sandhu 7 years ago

3000 will be posted to expenditure a/c and no another treatment

0Thank You

Mayank Garg 7 years ago

3000. Will be shown in expenditure side of income and expenditure account and the 15000. Tournament fund Will write off

2Thank You

ANSWER

What is meant by fund based accounting

Posted by Abdulazeem Mulla 7 years ago

CBSE > Class 12 > Accountancy

1 answers

Riya Jain 7 years ago

It means you have to maintain every income and exp of that particular fund.

1Thank You

ANSWER

Y is paid off in cash . Y's loan a/c is 32400. Cash balance in balance sheet is 10000 . What amount of cash is entered in new balance sheet.

Posted by Aisha Singh 7 years ago

CBSE > Class 12 > Accountancy

1 answers

Neeru Jain 7 years ago

22400 overdraft balance

1Thank You

ANSWER

What is the weightage distribution of each chapter

Posted by Devendra Agrawal 7 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Insurance prepaid adjustment in non profit organization

Posted by Palak Chhabra 7 years ago

CBSE > Class 12 > Accountancy

3 answers

Riya Jain 7 years ago

Can you plz explain, why we are deducting prepaid ???

1Thank You

Vasu Bihani 7 years ago

Deduct in : insurance premium paid in income and expenditure acc

2Thank You

Vasu Bihani 7 years ago

Deduct from the insurance premium paid and prepaid insurance will b shown in the balance sheet

1Thank You

ANSWER

In revealution and reazsisment of liabilities we differ which value of asset book value or revised value

Posted by Honey Garg 7 years ago

CBSE > Class 12 > Accountancy

2 answers

J K 7 years ago

In revalution a/c we refer revised value difference and in realisation a/c book value of assets are recorded for transfer

0Thank You

Riya Jain 7 years ago

I don't understand this question, can you explain ??

0Thank You

ANSWER

Which cash flow activity is both investing as well as financing activity for the business?

Posted by Chandragupta Maurya 7 years ago

CBSE > Class 12 > Accountancy

3 answers

Riya Jain 7 years ago

I will tell you as soon as i get the answer!!

0Thank You

Chandragupta Maurya 7 years ago

Not yet

1Thank You

Riya Jain 7 years ago

send answer if you had found it.

1Thank You

ANSWER

Abc ouick ratii

Posted by Saurabh Kumar 7 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

How to calculate quick ratio??

Posted by Aisha Singh 7 years ago

CBSE > Class 12 > Accountancy

3 answers

Monica Krmdb 7 years ago

Quick ratio =liquid asset /current liabilities.. Liquid asset = current asset - inventory - prepaid expenses

2Thank You

Arshdeep Singh 7 years ago

Quick Ratio= (Current Assets - Prepaid Expenses - Inventories) ÷ (Current Liabilities)

1Thank You

Gaurav Seth 7 years ago

The quick ratio is calculated by adding cash, cash equivalents, short-term investments, and current receivables together then dividing them by current liabilities.

2Thank You

ANSWER

Page 203 of 338

myCBSEguide

myCBSEguide

Test Generator

CUET Mock Tests

Download myCBSEguide App

All Courses

Other Websites

CBSE Courses

Resources

Corporate

NCERT Solutions

CBSE Sample Papers