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

It is an option which is given to the employees of the CO. To purchase the securities of the CO. At some future date at a pre-determined prices which is generally less than the market rice

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Calulate the amount of stationary consumed during the year 2017-18 Stock of stationary as on 1/4/2017. 30,000 Creditors of stationary as on 1/4/2017. 20,000 Advance paid for stationary during 2016-17. 2,000 Amount paid for stationary during 2017-18. 1,08,000 Stock of stationary on 31/3/2018. 5,000 Creditors for stationary for 2017-18. 13,000 Advance paid for stationary during 2017-18. 13,000

Posted by Simran Sharma 5 years, 8 months ago

CBSE > Class 12 > Accountancy

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XandY are in partnership sharing proft and losses in the ratio 2:1 on 01/04/2018.Z comes as a partner for 1/4 share in the firm's profits. Z contributes 50,000 as capital and 18,000 as goodwill . journalize the above transactions when (a) Goodwill amount is paid privately.(b) Goodwill is retained in the business (c) Goodwill is withdrawn and also shows the calulation of new profit-sharing ratio of the partners. SOMEBODY Provide me full solution with format?????

Posted by Kartik Kalal 5 years, 8 months ago

CBSE > Class 12 > Accountancy

3 answers

Samira . 7 years, 2 months ago

If you people think that its right then click on thanks so that i will also be assured.

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Samira . 7 years, 2 months ago

Journal entries for various cases 1) bank account to Z's capital account with the amount of 50000. No entry of goodwill will be passed in this case . 2) bank a/c 68000 to Z's capital a/c 50000, premium for goodwill account 18000 ,,,,,,, premium for goodwill a/c to X' s capital a/c (12000) , Y' s capital a/c (6000). In third case both entries will remain same but one more entry will be added in this i.e. X' s capital ac (12000) , Y's capital ac (6000) to bank ac credit 18000.

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Samira . 7 years, 2 months ago

Calculation of new profiy sharing ratio = 1-1/4 =3/4 now this part will be divided between both partners in there old ratio i.e. 2/3* 3/4= 6/12 X' s share , 1/3 *3/4=3/12. So new profit sharing ratio is 6:3:3 .

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What is current ratio

Posted by Shivam Kaithal 7 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Samira . 7 years, 2 months ago

Current ratio is the ratio which show relationship between current assets and current liabilities.

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Kisi ko pata hai kya ke 12 ka board kab suru hoga

Posted by Jai Shankar 7 years, 2 months ago

CBSE > Class 12 > Accountancy

5 answers

Jai Shankar 7 years, 2 months ago

Thanks sonali

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Samira . 7 years, 2 months ago

It's from 5 th of march , first exam is of english.

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Abbishek Rai 7 years, 2 months ago

March

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Yo Yo Honey Singh ? 7 years, 2 months ago

if you have chosen for vocational subject then your exam will start in second or third week of February and if you don't have vocational subject your exam is going to start from first week of March

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Sonali Singh 7 years, 2 months ago

3rd week of Feb

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What is ganer vs merry

Posted by Himanshi Gaba 7 years, 2 months ago

CBSE > Class 12 > Accountancy