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  • 1 answers

Lakshita Sharma 7 years, 1 month ago

It is a statement which is prepared at the end of financial year to know the financial cndition of the cmpny...i.e. trading acnt, p & l acnt, nd balance sheet...hole it helped...
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  • 3 answers

Soumyajeet Pal 7 years, 1 month ago

Case 1: If proposed dividend is under contingent libility them the amount of proposed dividend for the previous year will be added in net profit before tax and will be deducted in net cash flow from financing activity !! Case 2: If proposed dividend is under short term provision then current year is added to net profit before tax and previous year is deducted from net cash flow from financing activities.

Keshav Girdhar 7 years, 1 month ago

Heading - contingent liability which shows in the last of balance sheet in EQUITY AND LIABILITY. Proposed dividend is considered contingent liability from this year.

Keshav Girdhar 7 years, 1 month ago

Proposed dividend is contingent liability
  • 3 answers

Ankita Pandey 7 years, 1 month ago

Ya i also have a dk goyal and it's an amazing book

Adesh Gangwar 7 years, 1 month ago

Dk goal

Divya Dalmia 7 years, 1 month ago

Dk goyal
  • 1 answers

Krishna Kant Sharma 7 years, 1 month ago

Bank a/c dr Share forfieture a/c. dr To share capital a/c To securities premium reseves a/c
  • 1 answers

Soumyajeet Pal 7 years, 1 month ago

Ask specifically !!
  • 2 answers

Kunjan Koiri 7 years, 1 month ago

Depreciation is non cash Item so it add operating expenses

Kartik Gupta 5 years, 8 months ago

Add in operating activity because it is a non cash items
  • 4 answers

Lakshita Sharma 7 years, 1 month ago

Deficiency will b borne equally by each partner tht is 1:1...☺

Lokesh? Yadav? 7 years, 1 month ago

Please someone tell me the correct answer

Kumar Abhinav 7 years, 1 month ago

I think deficiency should be borne in profit sharing ratio

Syed Khabib 7 years, 1 month ago

I think in 1:1 .....equally borne by other partners. ...
  • 1 answers

Shivendra Mishra 7 years, 1 month ago

Righ hand side Dr. And left hand side is Cr.
  • 5 answers

Krishna Kant Sharma 7 years, 1 month ago

Add me also in this group

Kamal Nayan 7 years, 1 month ago

Ya good idea bt I need your no. For that

Soumyajeet Pal 7 years, 1 month ago

Tell me your what's app number !!

Nikunj Kakkar 7 years, 1 month ago

Send your whatsapp no

Syed Khabib 7 years, 1 month ago

Thanks. .....
  • 5 answers

Parveen Vashist 7 years, 1 month ago

Join SGTI

Syed Khabib 7 years, 1 month ago

We r making a group for that

Sajal Agarwal 7 years, 1 month ago

So how I can help you for sending your answer

Syed Khabib 7 years, 1 month ago

Then how can i send you and to all other students? ???

Syed Khabib 7 years, 1 month ago

But it is not possible here
  • 2 answers

Soumyajeet Pal 7 years, 1 month ago

Profit/sale =200000/1200000 = 1/6 Again sales growth trend of 20% There fore 20% of 1200000 = 240000 Therefore sales = 1200000+2400000= 1440000 Profit = 1440000*5/10*3/12*1/6 =30,000 Where 5/10 is Death partner's share 3/12 is the number of months the death parter was alive 1/6 is the profit by sale (shown above).

Syed Khabib 7 years, 1 month ago

You need to wait for sometime. ..
  • 2 answers

Ishmeet Kaur 7 years, 1 month ago

Medicines spoiled during year how will u show it while calculating its consumption with reference to npo

Syed Khabib 7 years, 1 month ago

I m not a teacher, i m just a student like you , but i can help you or explain you in a easy language. ... so guys its a golden opportunity for you ...come on
  • 5 answers

Anshu Yadav 7 years, 1 month ago

it should be shown on liability side of closing balance sheet

Hitanshu Nagar 7 years, 1 month ago

Specific fund acts as a unearned income for the firm

Lokesh? Yadav? 7 years, 1 month ago

It should be shown on liability side of balance sheet

Syed Khabib 7 years, 1 month ago

Shahid Qureshi i know it is a specific purpose find. ... on the other hand it is a income and tournament expenses is a expenditure that will be debited on the income and expenditure account.

Syed Khabib 7 years, 1 month ago

It will be credited to income and expenditure a/c...... means it will be come in income side
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Sia ? 4 years, 6 months ago

In bank account,

We record all bank related transactions like , goods purchased or sold expenses paid or income received through cheque or bank draft.

Whereas

in cash account, we record only cash transactions like cash sales , cash purchases, income received through cash, expenses paid in cash.

  • 2 answers

Honey 8 7 years, 1 month ago

Tell the question

Syed Khabib 7 years, 1 month ago

You need to give me that question .
  • 2 answers

Ankita Pandey 7 years, 1 month ago

Ok

Syed Khabib 7 years, 1 month ago

It can't be done in groups. You have to make it separately.
  • 2 answers

Syed Khabib 7 years, 1 month ago

Now tell me your problem

Syed Khabib 7 years, 1 month ago

In comparative statement we compare financial conditions of the business of previous year and current year sperately in the form of percentage.
  • 3 answers

Syed Khabib 7 years, 1 month ago

Depreciation is used , when the value of tangible assets decreases.... Amortisation is used ,when the value of intangible assets decreases

Syed Khabib 7 years, 1 month ago

There is a differentiation bw dep and amortisation.

Ankita Pandey 7 years, 1 month ago

Their is no difference between depreciation and amortisation
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  • 1 answers

Krishna Kant Sharma 7 years, 1 month ago

Its out of syllabus But drr should be 25%of that amount
  • 1 answers

Kumar Abhinav 7 years, 1 month ago

Suppose it's given in the question that debentures of rs 1,00,000 are to be redeemed out of profit, then the amount which you will transfer to DRR is rs 100,000 i.e equal to the amount of debenture.
  • 2 answers

Vrinda Agrawal 7 years, 1 month ago

Share is the amount in which a companys capital is divided into small units

Akshat Jaiswal 7 years, 1 month ago

What do you mean by share

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