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A sacrifice 3/25 B sacrifice 2/25 New ratio = old ratio - new ratio A = 3/5-3/25 = 15-3/25 = 12/25 B = 2/5-2/25 = 10-2/25 = 8/25 C = 3/25+2/25 = 5/25 ( new ratio = 12:8:5 )

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Aarav Jain 3 years, 2 months ago

Since A sacrifice 2/5 of his share and B gain 2/5 of his share

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if we passed in 5 subject and overall result is also passed in class 12 result but i have RT in maths... And Also i choose this subject maths in CUET ... Can RT affect my CUET result or in admission for college ...?? Maths is eligible for CUET exam Reply plz

Posted by Pulkit Kashyap 3 years, 2 months ago

CBSE > Class 12 > Accountancy

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Posted by Pulkit Kashyap 3 years, 2 months ago

CBSE > Class 12 > Accountancy

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Girish and Balwant are partners in a firm. On 1st April, 2020, their capitals were 4,00,000 and 6,00,000. The profit for 2020-21 was 5,24,000. Partnership deed provided that interest on drawings/capital to be calculated @ 10%, Balwant had drawings of 1,00,000. He had withdrawn this amount on 31st December 2020. In addition to this, rent (in case of any partner providing his premises for business) for premises decided to be 8,000 per month. Due to lockdown during a pandemic, the partners decided to shut down the factory and shifted to Girish's farmhouse on

Posted by Sisodia Bharat -Mera Swachh Motera 3 years, 2 months ago

CBSE > Class 12 > Accountancy

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Ch 6 acc retirement of partner q 44

Posted by Aryan Chaudhary 3 years, 2 months ago

CBSE > Class 12 > Accountancy

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Madhuri and arsh were partners in a firm

Posted by Monal Doomra 3 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Jiya Bhutani 3 years, 1 month ago

11.Divya and Madhuri were partners in a firm sharing profits in the ratio of 7 :3. Their capitals were ₹2,00,000 and ₹ 1,50,000 respectively. They admitted Kalpana on 1st April, 2022 as a new partner for 1/6th share in future profits. Kalpana brought ₹1,00,000 as her capital. Calculate the value of goodwill of the firm and record necessary journal entries for the above transaction on Kalpana’s admissio

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Michael Jackson and John are partners in a firm sharing profits in the ratio 3:1:1.on 31st March,2017 they decided to dissolve their firm.on that date their balance sheet was as follows

Posted by Gunn Goyal 3 years, 2 months ago

CBSE > Class 12 > Accountancy

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Michael Jackson and John were partner in a firm sharing profits in the ratio 3:1:1.

Posted by Gunn Goyal 3 years, 2 months ago

CBSE > Class 12 > Accountancy

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Class 12 accountancy vinesh ultimate book of accountancy solutions

Posted by Harman Singh 3 years, 2 months ago

CBSE > Class 12 > Accountancy

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Calculate ioc of A @8 percentage per annum as on 31 March his fixed capital on 31st March 500000 additional capital introduced on 1st July is 100000 and drawing against profit on 1october is 60000

Posted by Navjot Simgh 3 years, 2 months ago

CBSE > Class 12 > Accountancy

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A and B were partners sharing profits in the ratio of 21: 9. C was admitted on 9/21 share in the profits. Calculate new profit sharing ratio of the partners.

Posted by Ankit Shaw 3 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Ekampreet Singh 3 years, 2 months ago

Case 1 will be applied here Let total share=1 C share= 9/21 Etc

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Mohan Vijay and Anil are partners their capitals being 30000 25000 and 20000 respectively. In arriving these figures the profits for the year ended 31st March 2021 ₹24000 has already been credited to the partners in which they share profits . Their drawings were ₹5000 (mohan) ₹4000(Vijay) and ₹3000(Anil) for the year ending 31st March 2021. Subsequently the following omissions were noticed and it was decided to bring them into account i) Interest on capital @10% ii) Interest on drawing Mohan ₹250 Vijay ₹200 and Anil ₹150. Make the necessary journal entry and prepare Capital accounts of partners.

Posted by 14_Xii_D_Nandini _Chatterjee 3 years, 2 months ago

CBSE > Class 12 > Accountancy

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Kabir nd Farid are partners

Posted by Pooja Bansal 3 years, 2 months ago

CBSE > Class 12 > Accountancy

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When is realisation account opened

Posted by Prajwal. K Prajwal. K. 3 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Arya Salunkhe 3 years, 2 months ago

Its open during the time of dissolution of firm.

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P q and r have been sharing profit in the ratio of 4:2:1 q retires p and r takes q share equally calculate new ratio and gaining ratio

Posted by Ashish Soni 3 years, 2 months ago

CBSE > Class 12 > Accountancy

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Ativ meha and nupur were partners

Posted by Shruti Singh 3 years, 3 months ago

CBSE > Class 12 > Accountancy

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Give the journal entry to distribute 'workmen compensation reserve' of Rs 72000 at the time of admission of z ,if there is no claim against it. The firm has two partners x and y.

Posted by Rushiraj Parmar 3 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Agrim Chouhan 3 years, 3 months ago

Workmen compensation reserve a/c debit to x's capital a/c 36000 to y's capital a/c 36000 since no old ratio is given so we will take it 1:1

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Vishal Jain 3 years, 3 months ago

WCR a/c ...Dr. 72000 To x a/c 36000 To y a/c. 36000

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On 1st April, 2018, a firm had assets of 1,00,000 excluding stock of 20,000. The current liabilities were 10,000 and the balance constituted Partners' Capital Accounts. If the normal rate of return is 8% the Goodwill of the form is valued of rupees 60000 at four years purchase of super find the actual profits of the firm

Posted by Priya Ranjan 3 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Tera Baap Baap Hu Be 3 years, 3 months ago

capital employed= Total assets-outsiders liability 100000&10000=90000 Normal profit=capital employed*NRR\100 90000*8\100=7200 15000=actual profit-7200 actual profit=15000+7200=22200

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Under which head and how are the falling items shown in the balance sheet of a company under schedule lll: 1.calls in arrears. 2.share application money pending allotment 3. Unpaid dividend;and 4. Dividend not paid on cumulative preference share?

Posted by Anju Kumari 3 years, 3 months ago

CBSE > Class 12 > Accountancy

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A and b are partner sharing profit and loss in ratio 3 : 2 the capital where 2,00,000 ; 3,00,000 interest on capital is to be allowed @ 10% p a and interest on drawing to be charged @ 5% p.a salary to be allowed 1000 per month each. bonus is to be allowed Rs 100 rupees per month (A). the profit for the year amount to Rs 50,000 there is no partnership deed between the partners. A is given an advance of Rs 50,000 on 1st October 2020 prepare profit and loss appropriation account

Posted by Smriti Kesharwani 3 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Shreya Sengar 3 years, 2 months ago

How to post a answers picture

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Furniture is written down by

Posted by Arya Preetham 3 years, 3 months ago

CBSE > Class 12 > Accountancy

4 answers

Khushi Chaudhary 3 years, 2 months ago

Assets

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Chetan Kaushik Kaushik 3 years, 3 months ago

34067₹ each

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Mahi Jain 3 years, 3 months ago

103.E, F and G were partners in a firm sharing profits in the ratio of 3:2:1. After division of the profits for the year ended 31-3 2021 their capitals were: E Rs. 2,95,000; F Rs. 3,30,000; and G Rs. 3,35,000. During the year they withdrew Rs. 40,000 each. The profit of the year was Rs. 1,80,000. The partnership deed provided that in on capital will be allowed @ 12% p.a. While preparing the final accounts, interest partner's capital was not allowed. You are required to calculate the capital of E, F and Gas on 1-4-2020 and pass the necessary adjustment entry for providing interest on capital. Show your

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Rishabh Singh 3 years, 3 months ago

Assets

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Pushkar Ltd. Invited application for issuing 500000 equity shares of rs 10 each at a premium of rs 3 per share. The whole amount was payable on application. The issue was fully subscribed.

Posted by Kripali Upadhyay 3 years, 3 months ago

CBSE > Class 12 > Accountancy