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

Revalution account is prepared at the time of admission, retirement, death, change in psr and realisation account is prepared at the time of dissolution of the firm Revalution Account is prepared to revalue the assets and liablites whereas realisation account is prepared to pay off the liablites and realise the assets

2Thank You

ANSWER

If interim dividend is paid during the year then Should it be added as extra-ordinary items?

Posted by Himir Balana 8 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Davinderpal Singh 8 years, 1 month ago

it will be added in net profit before tax and will be deducted in financing activities

4Thank You

ANSWER

All of you best of luck for your exams...study hard

Posted by Adnan Akhtar 8 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Subhead and head of mining rights and work in progress

Posted by S N 8 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Davinderpal Singh 8 years, 1 month ago

work in progress sub head inventories and heading current asset

1Thank You

Anchal Midha 8 years, 1 month ago

Head ..non current asset Subhead ... Fixed asset (intangible asset)

2Thank You

ANSWER

If premium along with allotment money was not paid by shareholder then Should we credit non-payment of allotment money along with premium money while forfeiting shares?

Posted by Himir Balana 8 years, 1 month ago

CBSE > Class 12 > Accountancy

2 answers

Nish Arora 8 years, 1 month ago

Premium will be debited at the time of forfeitue of shares

1Thank You

Anshul Bansal 8 years, 1 month ago

Yes , because premium is not recieved.

0Thank You

ANSWER

Formulas of calculating capital employed

Posted by Arshad Khan 8 years, 1 month ago

CBSE > Class 12 > Accountancy

4 answers

Anjali Gupta 8 years, 1 month ago

Ce=debt (long term)+equity

0Thank You

Innocent Girl 8 years, 1 month ago

CA-CL

0Thank You

Anshul Bansal 8 years, 1 month ago

Non-current assets–working capital

1Thank You

Manqn Arora 8 years, 1 month ago

Total assets minus current liabilities

1Thank You

ANSWER

Goodwill entry in admission

Posted by Hritik M 8 years, 1 month ago

CBSE > Class 12 > Accountancy

6 answers

Innocent Girl 8 years, 1 month ago

ohne jina pusheia ohna daso sisooooo?????

0Thank You

Sirat Sidhu 8 years, 1 month ago

If partially brought in cash Premium for goodwill Dr New partners current A/c Dr To old partners capital A/c

1Thank You

Sirat Sidhu 8 years, 1 month ago

If one old partners gain then entry Premium for goodwill Dr Gaining partner capital A/c Dr To sacrificing partner capital A/c

1Thank You

Sirat Sidhu 8 years, 1 month ago

If not brought in cash then only one entry i.e. New partner's current A/c Dr To old partners capital A/c (To be distributed in sacrificing ratio)

1Thank You

Sirat Sidhu 8 years, 1 month ago

If goodwill brought in cash Bank/cash A/c Dr To premium for goodwill 2nd entry Premium for goodwill Dr To old partners (To be distributed in sacrificing ratio)

1Thank You

Innocent Girl 8 years, 1 month ago

bank a/c dr. to premium of goodwill a/c

0Thank You

ANSWER

2009 to 2017 CBSE questions

Posted by Kisu Singh 8 years, 1 month ago

CBSE > Class 12 > Accountancy