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

Business and partners have different identity . Capital invested by a partner is a loan for company/ business that's why business provide interest to partners according to their capital invested . Well , it was a nice question.

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What are Establishments in NPO and how it will be treated in Income / Expenditure A/c

Posted by Jatin Singh 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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to cover management cost and annual charge of 56250 should be made for the purpose of valuation of goodwill means

Posted by Samyak Jain 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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Ishmeet Kaur 7 years, 2 months ago

It means it is to be considered in valuation of goodwill. It will be subtrated in each year

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More question of share issues at priemum

Posted by Arvinder Dhaliwal 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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Dk goel of volume 2 ch1 all paractical answer

Posted by Pankaj Goswami 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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What are the conditions of IFR?

Posted by Pradeep Singh Rathore 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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Ratio analysis

Posted by Swati Varshney 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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Bank loan was discharged along with interest due for six months @10 p.a Bank loan is 15000 Make realisation a/c

Posted by Kanak Khandelwal 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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Does partnership firm has a separate legal entity

Posted by Pravesh Agrawal 7 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Nitish Deswal 7 years, 2 months ago

No, according to section(4) of indian partnership act 1932, partnership has not a separate legal entity.

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Revaluation A/c and Deceased partner capital a/c

Posted by Jitendra Ganjhu 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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What is gain and sacrifice

Posted by Rahul Singh 7 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Sheikh Ashraful 7 years, 2 months ago

gain is the increasing rate of old partner ratio and sacrifise is the decreasing rate of old partner profit shering ratio

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What is gain and saceifice

Posted by Rahul Singh 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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What is gain ratio?

Posted by Venkatesh Venkatesh 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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a ltd forfeited a share of rs 100.issued at a premium of 20% for non payment share and final call of rs 10 per share.sate the minimum price at whichthis share can be ressued

Posted by Suraj Singh 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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Sunil Rajput 7 years, 2 months ago

Minimum share reissue only 1

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Ram, Manohar and Joshi were partner in a firm. Joshi died on 28th February 2004. His share of profit for the closure of last accounting year till the date of death was to be calculated on the basis of the average of three completed years' profit before the date.profits for 2002, 2003 and 2004 were Rs. 7,000, Rs. 8,000 and Rs. 9,000 respectively. calculate Joshi's share of profit till his death and pass the necessary journal entry of the same.

Posted by Ankur Singh 7 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Pinda Pinda Singh 7 years, 2 months ago

answer

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in what condition Drr create so general reserve debit and D R R is credit

Posted by Param Solanki 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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Profit sharing ratio between abc is 1:2:3 they

Posted by Karan Singh 7 years, 2 months ago

CBSE > Class 12 > Accountancy

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Part A .volume ii , pg no 7.163 , Q no 2

Posted by Keshav Kumar 7 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Rashmi Priya 7 years, 2 months ago

In balance sheet _share capital=497500 ( only 495000 capital fully subscribed + calls in arrear 2500)

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