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

No products in the cart.

Ask questions which are clear, concise and easy to understand.

Ask Question

Amar Vineet Kamal are partners sharing profits in the ratio of 1/2, 3/10, 1/5 respectively. V retired from the firm and A and K decided to share future profits in 3:2 ratio. Calculate gaining ratio of A and K.

Posted by Sneha Sisodia 3 years, 5 months ago

CBSE > Class 12 > Accountancy

1 answers

ᴏᴩ ɢᴀᴍᴇʀ 1 year, 8 months ago

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

ANSWER

Amal, Vimal and Rahul were partners in a firm sharing profits in the ratio of 2:2:1. The firm closes its books on 31 March every year. On 31-12-2015 Rahul died. On that date his capital account showed a credit balance of 3.80.000 and goodwill of the firm valued at 1.20000. There was a debit balance of 50.000 in the profit and loss account. Rahul's share of profit in the year of his death was to be calculated on the basis of the average profit of last five years was 75.000 Pass necessary Journal entries in the book of the firm on Rahul's death.

Posted by Aleena Mathew 3 years, 5 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

State two occasions when a partnership firm is compulsorily dissolved. (

Posted by Zaid Ansari 3 years, 5 months ago

CBSE > Class 12 > Accountancy

1 answers

Sneha Sisodia 3 years, 5 months ago

Following are the two situations when a partnership firm can be compulsorily dissolved: 1. When all the partners or all the partners except one become insolvent. 2. The happening of an event or any change in the government policies that makes the business of the firm unlawful.

ANSWER

2022-23 class12 ma kaise paper hoga first term and second term Ki jasa ga na ?

Posted by Shashank Mishra 3 years, 5 months ago

CBSE > Class 12 > Accountancy

1 answers

Divyanshi Kesherwani 3 years, 5 months ago

ni only final where you get all syallbus in one paper

ANSWER

Prepare income and expenditure account of baba deep Singh society for the year ended 31march2021

Posted by Karan Mongia 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

, h i Je per partner 1 by 21 by 31 / 6 respectively the balance sheet of form at 31st March 2018 for as follow

Posted by Aman Manuja 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

10. Akhil and Bimal are partners sharing profits in the ratio of 3: 2. Akhil gave loan to the firm of 1,00,000 R 1st October, 2021. On the same date, the firm gave loan to Bimal of 1, 00, 000 They do not have an agreement as to interest. Akhil had also given his personal property for firm's godown at a monthly rent of * 5,000. 1, 03, 00 (before above adjustments) for the year ended 31st March, 2022.show the distribution of profit for the year

Posted by Sris Malv 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Akhil had also given his personal property for firm's godown at a monthly rent of * 5,000. 1, 03, 00 (before above adjustments) for the year ended 31st March, 2022. Show the agreement as to interest. 10. Akhil and Bimal are partners sharing profits in the ratio of 3: 2. Akhil gave loan to the firm of 1,00,000 R 1st October, 2021. On the same date, the firm gave loan to Bimal of 1, 00, 000 They do not have an

Posted by Sris Malv 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Following information of malayalee club is given to you

Posted by Ramya S 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Ultimate sample paper

Posted by Shakshi Singhal 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Q-47 dk goel solution chapter cash flow statement

Posted by Alice Gupta 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

And Lata partner sharing profits the ratio in the ratio of 1:2 asha is entilled to a salary of 2 lakh pa in a commission of 8% of net profit before charging any commission letter is entilled to a commission 8% of net profit after changing her commission net profit for the year ended 31st March 2021 to the 5 lakh 40000 prepare a profit and loss and account

Posted by Yatharth Sharma 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Following information is from malayalee club

Posted by Gojo <3 3 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Divyanshi Kesherwani 3 years, 6 months ago

what is the information

ANSWER

When syallabus will come

Posted by Priyanshu 12 3 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Divyanshi Kesherwani 3 years, 6 months ago

read it

ANSWER

Tournament fund appears in the books Rs.15000 and expenses on tournament during the year were Rs.18000. How will you show this in format while preparing financial statement of a NPO?

Posted by Muskan Verma 3 years, 6 months ago

CBSE > Class 12 > Accountancy

2 answers

Alice Gupta 3 years, 6 months ago

It will shown in income and expenditure A/C of expenditure side - tournament expenses minus tournament fund... Because expenditure is greater than fund thatwhy it's shown in incomes and expenditure A/C

Anushri Sahu 3 years, 6 months ago

It will show in liability side dr. Tournament fund Less: tournament expenses.

ANSWER

Mrs vikas enterprises purchased a printing machine for rs.4,00,000 on 1 July 2016 and rs. 50,000 on its transportation and installation another machine for rs. 3,50,000 on 1jan,2018 dep. Is charged@ 20% p.a by using WDV method. On 1 oct 2018 1st machine was sold off for rs. 1,85,000. Prepare machinary a/c upto 31 March 2020.

Posted by Nishi Jangir 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Why subscription advance in beginning is add

Posted by Robin Kumar 3 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Krishna Parashar 3 years, 6 months ago

subscription received in advance in the beginning is added because it is received or it belongs to the current year

ANSWER

E f and g are partners in the firm sharing ratio 3:2:1

Posted by Annu Kumari 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

E F And G are partners I the firm sharing ratio 3:2:1

Posted by Annu Kumari 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Following information of Malayalee Club is given to you: Particulars. Subscription in arrears on 31 March, 2020 Subscription received in advance on 31/3/2020 Total subscription received during the year ending 31/3/21(including 1,80,000 for 2019-20 2,50,000 1,50,000 and 2,50,000 for 2021-22) Subscription outstanding on 31/3/2021 35,50,000 5,50,000 (a) Calculate the amount of subscription outstanding for the year 2020-21. (b) What is the amount of subscription received on 2020-21 for the year 2020-21? 3 (c) Calculate the amount of subscription to be credited to Income & Expenditure a/c for the year ending 31/3/21.

Posted by Simranjit Kaur 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Rahul start business of rs 300000

Posted by Arbin Kispotta 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Pass necessary journal entries and prepare 9% debenture account for the issue of 7500, 9% debenture of 50 each at a discount of 6% redeemable at a premium of 10%.

Posted by Shubhi Gupta 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

From the following Receipts and Payments Account of Kool Welfare Club, Prepare Income and Expenditure Account for the year ended 31st March 2021: Receipts And Payment A/c - To Balance b/d: 42500 To Subscriptions: 2018-19 1,500 2019-20 60,000 2020-21 1,800: 63300 To Proceeds from Charity show (Included 1,700 of last year): 81700 By Salaries: 33500 By Printing: 23000 By Sports Material: 21000 By Furniture (1.10.2020) 20000 By 10% Investment (1.10.2020) 70000 By Balance c/d: 20,000 Additional Information : Depreciation to be provided @ 20% p.a. on Furniture.

Posted by Sneha Sisodia 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

From the following Receipts and Payments Account of Kool Welfare Club, Prepare Income and Expenditure Account for the year ended 31st March 2021: Receipts Amount Amount Payments rio roe To Balance b/d To Subscriptions: 9 2018-19 1,500 2019-20 60,000 2020-21 1,800 To Proceeds from Charity show9 (Included 1,700 of last year) 42,500 By Salaries By Printing & By Sports Material By Furniture (1.10.202014 63,300 By 10% Investment (1.10.2020) 81,700 By Balance c/d 33,500 23,000 21,000 20,000 70,000 20,000 De 1,87,500 1,87,500 Additional Information : Depreciation to be provided @ 20% p.a. on Furniture.

Posted by Sneha Sisodia 3 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Sneha Sisodia 3 years, 6 months ago

This question is wrong please don't answer it

ANSWER

During the year 2015, subscriptions received by a sports club were Rs. 80,000. These included Rs. 3,000 for the year 2014 and Rs.6,000 for the year 2016. On March 31, 2016 the amount of subscriptions due but not received was Rs.12,000. Calculate the amount of subscriptions to be shown in Income and Expenditure Account as income from subscription.

Posted by Saumya Dwivedi 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

R,S and Tare partners in a firm sharing profit and losses inthe ratio of 2:2:1.T retires and his balance in capital account after adjustment of reserve and revaluation of assets and liabilities comes out to be 50000v. R and S agree to pay him 60000 . Give journal entry for the adjustment of goodwill

Posted by Harshita Bhardwaj 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Amara madhura Prema are partners sharing profits and loses in the ratio of 2:1:1 . their balance sheet as on 31/3/2018

Posted by Poorvika Jai 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Creditors were amounting to 200000 and one of the creditor of 50000 were taken furniture whose book value was 50000 valuation of 45000on full settlement and remaining were paid after deducting a discount 5000

Posted by Manisha Bhatia 3 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Sneha Garg 3 years, 6 months ago

Realisation ac dr- 145000 To bank Acc- 145000

ANSWER

Michael Jackson and John were partner

Posted by Sourabh Gautam 3 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Sneha Sisodia 3 years, 6 months ago

Question ❓

ANSWER

Palak, Sandhya and Tripti are three partners sharing profits in the ratio of 3:2:1. They withdrek partners in the following cases! (1) Palak withdrew at the beginning of each quarter. (in Sandhya withdrew at the end of each quarter (i) Tripti withdrew at the middle of each quarter.

Posted by Atiksh Bhatia 3 years, 6 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Page 27 of 338

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App