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Posted by Diya Bose 1 year, 11 months ago

CBSE > Class 12 > Accountancy

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Shakti limited application for issuing 1,00,000 share at rupee 10

Posted by Trisha Ahirwar 2 years ago

CBSE > Class 12 > Accountancy

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राम श्याम साझेदार है जो क्रमश 3/ व 2/3 के अनुपात मे विभाजन करते हैं उनका स्थिति विवरण निम्नलिखित है

Posted by Karan Chouhan 2 years, 1 month ago

CBSE > Class 12 > Accountancy

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Ftghhk

Posted by Hajara K 2 years ago

CBSE > Class 12 > Accountancy

1 answers

Pankaj Pahadi 2 years, 1 month ago

Formula for chapter 3

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Abhy and beena are partners in a firm they admit chetan as a partner with

Posted by Anjali Saini 2 years, 1 month ago

CBSE > Class 12 > Accountancy

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Rao and Reddy in firm share profit 3:1. The admitted kutty as a new partner for 3/8th share in the profit

Posted by Dhruv Jain 2 years, 1 month ago

CBSE > Class 12 > Accountancy

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Ram and. Reddy in the firm sharing profit 3:1

Posted by Dhruv Jain 2 years ago

CBSE > Class 12 > Accountancy

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Posted by Akash Gupta 2 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Bhoomika Maheshwari 2 years, 1 month ago

The amt of shreyas share of gw will be transferred in sacrifice ratio of Navy and radhey

2Thank You

Bhoomika Maheshwari 2 years, 1 month ago

Shreya's current AC Dr To navya To radhey

1Thank You

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. Pass the necessary journal entries for the following transactions on the dissolution of the partnership firm of Tony and Rony after the various assets (other than cash) and external liabilities have been transferred to Realization Account: (i) An unrecorded asset of 2,000 and cash 3,000 was paid for liability of 6,000 in full settlement. (ii) 100 shares of 10 each have been taken over by partners at market value of 20 per share in their profit sharing ratio, which is 3: 2. (iii) Stock of 30,000 was taken over by a creditor of 40,000 at a discount of 30% in full settlement. (iv) Expenses of realization 4,000 were to be borne by Rony. Rony used the firm's cash for paying these expenses.

Posted by Bhavesh Khatri 2 years, 2 months ago

CBSE > Class 12 > Accountancy

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X and y are partners in FM sharing profit and losses in the ratio of 5 ratio 3 z is admitted who acquires 13 of 22 year the new ratio among partners

Posted by Akanksha Bhadauria 2 years, 2 months ago

CBSE > Class 12 > Accountancy

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Astha and gomti are partners ina firm sharing...

Posted by Aditi Agarwal 2 years, 2 months ago

CBSE > Class 12 > Accountancy

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Anurag Ltd. invited applications for issuing 1,00,0001,00,000 equity shares of ₹10₹10 each at a premium of 10%10%. The amount was payable as follows : On application - ₹3 per share । On allotment - ₹ 3 per share (including premium) On first call - ₹2 per share On second and final call - Balance 3 All the shares were subscribed and allotted. Gopal, holding 600 shares, failed to pay the first call and the second and final call. Pass the necessary journal entries for the above transactions in the books of Anurag Ltd. Open Calls-in-Arrears Account, wherever necessary. (C.B.S.E. 2021 C, Modified

Posted by Vinol Almeida 1 month, 1 week ago

CBSE > Class 12 > Accountancy

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Ram started business in capital rs 1lakh in the sentence find out the debit and credit

Posted by Sohail Ahammad 2 years, 2 months ago

CBSE > Class 12 > Accountancy

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Madhuri arsh prepare capital acc revaluation

Posted by Savithaaa Savi 2 years, 2 months ago

CBSE > Class 12 > Accountancy

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Sohan and Mohan are partners sharing profits and losses in the ratio of 2:3 with the capitals of ₹ 5,00,000 and ₹ 6,00,000 respectively. On 1st January 2022, Sohan and Mohan granted loans of ₹ 20,000 and ₹

Posted by Simran Preet 2 years, 2 months ago

CBSE > Class 12 > Accountancy

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A, B and c are partner sharing profits and losses in the ratio 3:2:1agreed to dissolve their partnership firm on 31st march 2018. A was asked to realise the Assets and Pay off Liabilities . he had to bear all realisation expenses for which he was promised a lump sum amount of 3000₹ . their financial position on date was as follows.. accounts payable 40000₹

Posted by Dragon Driller 2 years, 2 months ago

CBSE > Class 12 > Accountancy

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Ajay and vijay were partners in the firm for 3:2.they admitted neeraj as a new partner .Goodwill of the firm was valued at ₹200000.Neeraj brings his share of goodwill premium of ₹20000 in cash .which is entirely credited to ajay's capital account . what is new profit sharing ratio(

Posted by Gungun Sain 2 years, 2 months ago

CBSE > Class 12 > Accountancy

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Navya and Radhey were partners sharing profits and losses in the ratio of 3: 1. Shreya was admitted for 1/5th share in the profits. Shreya was unable to bring her share of goodwill premium in cash. The journal entry recorded for goodwill premium is given below: Date Particular LF Debit (₹) Credit (₹) Shreya’s Current A/c. Dr. To Navya’s Capital A/c. To Radhey’s Capital A/c (Being entry for goodwill treatment passed) 24,000 8,000 16,000 The new profit-sharing ratio of Navya, Radhey and Shreya will be: a) 41: 7: 12 b) 13:12: 10 c) 3:1: 1 d) 5:3: 2

Posted by Vishakha Das 2 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Manas Jha 2 years, 2 months ago

(a.) 41:7:12

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Sarbjeet Kaur Sarbjeet 2 years, 2 months ago

[A] 41:7:12

12Thank You

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dev gautam and kamal were three partners

Posted by Rai Saha 2 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Manas Jha 2 years, 2 months ago

Dev A/c Dr... Gautam A/c Dr... Kamal A/c Dr... To Goodwill A/c

3Thank You

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Q-24. B Accounting for parternership firms . Interest on drawings

Posted by Navdeep Jangra 2 years, 2 months ago

CBSE > Class 12 > Accountancy

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Land and building book value 160000sold for 300000through a broker who charged 2%commision

Posted by Khushi Verma 2 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Bhoomika Maheshwari 2 years, 1 month ago

Bank To realisation ( 3,00,000,) Realisation To bank (6000)

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Majestic auto parts limited issued aur public subscription 60000 equity share of Rs 10

Posted by Navjot Kaur 2 years, 2 months ago

CBSE > Class 12 > Accountancy

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What is executor account

Posted by Somashekar Somashekar 2 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Kushal Sethi 2 years, 2 months ago

It is an account that is prepared after a death of any partner in which we transfer amount from deceased partner's capital account. and in this account we record the payment settlement.

1Thank You

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A company forfeited 4000 shares of ₹10 each

Posted by Anshuman Gond 2 years, 2 months ago

CBSE > Class 12 > Accountancy