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

Just calculate total capital of the firm on the basis of new patner then subtract the sum of capital of existing and new patner from total capital on the basis of new patner this will give you goodwill.... .

0Thank You

ANSWER

provision for bad debts was found to be in exess by 800

Posted by Vipul Duggal 8 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Sunaina Bahiwal 8 years, 1 month ago

Credit side of revaluation by 800

0Thank You

Ritik Rastogi 8 years, 1 month ago

its a loss for firm. Debit revaluation account by 800

0Thank You

ANSWER

Balance sheet representation of discount on debentures.

Posted by Anu Sisodia 8 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Why would an investor prefer to invest partly in shares and partly in debentures of a company ?

Posted by Prathvi Sharma 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Vagisha Sidana 8 years, 1 month ago

as a share holder one can exercise control.as a debenture holder it is guranteed to earn dividend and interest

1Thank You

ANSWER

Died partner's profit is credited to which account.

Posted by Prathvi Sharma 8 years, 1 month ago

CBSE > Class 12 > Accountancy

3 answers

Muneeta Dhiman 7 years, 1 month ago

It is credited in deceased partner's capital account as Profit n Loss Suspense A/C.
The balance of this account is transferred to deceased partner's executor account

0Thank You

Lakshay Verma 8 years, 1 month ago

Yes

0Thank You

Aishwarya B 8 years, 1 month ago

Partner's Excecutor A/C

1Thank You

ANSWER

Is call in arrear shown in note to accounts if yes how?

Posted by Simran Madaan 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Anu Sisodia 8 years, 1 month ago

Yes by subtracting from amt due but not received.

1Thank You

ANSWER

debenture is a which account?? a. personal account b. real account c. nominal account d. temporary account plz answer this..!!

Posted by Anshika Vashishtha 8 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Himanshi Aggarwal 8 years, 1 month ago

personal account

1Thank You

Aman Roy 8 years, 1 month ago

Nominal account

1Thank You

ANSWER

Theory questions

Posted by Purvi Dave 8 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

While giving the exam can I start from any question I wish for after giving the part no , or do have to start from the 1st question only?

Posted by Rayna Biswas 8 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Sunaina Bahiwal 8 years, 1 month ago

Yes u can

0Thank You

Aman Garg 8 years, 1 month ago

You may start any question

0Thank You

ANSWER

What is cash as per AS-3?

Posted by Himir Balana 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Shruti Rani 8 years, 1 month ago

Cash includes cash in hand and demand deposits in bank

0Thank You

ANSWER

Why is interim dividend paid added as extra ordinary item?

Posted by Himir Balana 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Krishna Gupta 8 years, 1 month ago

Hey Himir I don't think it is an extraordinary item . It is added to find Net profit before tax and extra ordinary item as it is a part of profit that is used to pay divided to the shareholders.And is deducted from financing activities as it is a form of liability.

1Thank You

ANSWER

A is to take over furniture at 800 an debtors amounting to 20000 at 17200

Posted by Pankaj Shukla 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Sunaina Bahiwal 8 years, 1 month ago

It is from which chapter

0Thank You

ANSWER

Can i start my board exam back to front becouse last questions carry max. Numbers

Posted by Mohit Sinha 8 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Yas S 8 years, 1 month ago

Yes u can

1Thank You

Aman Roy 8 years, 1 month ago

3Thank You

ANSWER

PP Limited is share broker company. It purchased 8000 equity shares of Rs. 100 of savita ltd. Under which activity this will be classified in cash flow statement.

Posted by Charmy Gupta 8 years, 1 month ago

CBSE > Class 12 > Accountancy

5 answers

Divya Dhariwal 8 years, 1 month ago

Operating activity because it is a broker company

0Thank You

S N 8 years, 1 month ago

Operating

0Thank You

Aman Roy 8 years, 1 month ago

Operating

1Thank You

Deepak Garg 8 years, 1 month ago

Operating

0Thank You

Divyanshi Maheshwari 8 years, 1 month ago

Investing

0Thank You

ANSWER

Posted by Manu Verma 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Lakshay Verma 8 years, 1 month ago

What's your question

0Thank You

ANSWER

Treatment of salary in cash flow statement

Posted by Lakshmi Rpillai 8 years, 1 month ago

CBSE > Class 12 > Accountancy

4 answers

Sunaina Bahiwal 8 years, 1 month ago

No effect

0Thank You

Lakshay Verma 8 years, 1 month ago

Not bcoz it's deducted at p and l

0Thank You

Deepak Garg 8 years, 1 month ago

No treatment because if it's already deducted from profit.if not then just deduct it.

1Thank You

Divyanshi Maheshwari 8 years, 1 month ago

Less: operating activities

1Thank You

ANSWER

Is there any choice b/w Death , Admission n retirement?

Posted by Aishwarya B 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Deepak Garg 8 years, 1 month ago

Yes

1Thank You

ANSWER

what is the important topic in debentures?

Posted by Rohit Dhiman 8 years, 1 month ago

CBSE > Class 12 > Accountancy

4 answers

Vanshika Tandon 8 years, 1 month ago

terms of issue

1Thank You

Divyanshi Maheshwari 8 years, 1 month ago

Writing off loss

1Thank You

Vinay Sagar 8 years, 1 month ago

Drr, conversion

1Thank You

Vinay Sagar 8 years, 1 month ago

Dre,dri,6cases in debentures

1Thank You

ANSWER

What is the value of goodwill when capital employed exceeds capitalised value of the business

Posted by Abhishek Tiwari 8 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Calculate inventory turnover ratio from the following. 1.opening inventory- 29000 2.closing inventory - 31000 3.revenu from operations i. e. Sales- 320000 4.gross profit-25%

Posted by Abhishek Mall 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

S N 8 years, 1 month ago

8 times

1Thank You

ANSWER

In cash flow, if dividend of equity share is to give than it is necessary to give the dividend of preference share.

Posted by Pratham Verma 8 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Pratham Verma 8 years, 1 month ago

Ok thanks?

0Thank You

Rahul Ranjan 8 years, 1 month ago

Yes if it is mentioned that equity share dividend is provided then it means preference share dividend is already provided

1Thank You

ANSWER

how to make journal entry in dissolution, admission, retirement, death ...?? pleaseee telll me my accounts coure is completed but i am confusing in these journal entry ...... please anyone tell me what is the process of making journal entriee in these questuons

Posted by Kshitiz Sehgal 8 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Arushi Gupta 8 years, 1 month ago

For admission.. cashA/c dr. To new partner cap A/C To premium of G/w A/c AND When prem. Of goodwill is distributed among partner in sacrificing ratio Prem. Of G/w A/c dr To sacrificing partner

0Thank You

Pratham Verma 8 years, 1 month ago

For retirement/death there will be one compulsory entry. Gaining partner's capital a/c ...dr To retiring/deceased partner's capital a/c

1Thank You

ANSWER

What a goodwill

Posted by Bittu Kumar 8 years, 1 month ago

CBSE > Class 12 > Accountancy