No products in the cart.

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

Ask Question

    • Posted by Aps Saab 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Priya Rajput 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by _ Harsimran_ 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Vickykumarsingh Singh 1 year, 2 months ago

    please

    0Thank You

    Divyanshi Kesherwani 3 years ago

    not posible to get free membership of this app

    4Thank You

    ANSWER

    • Posted by Ishita Jasaal 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Komaljit Kaur 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Aftab Shah 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Priyanshi Yadav 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Sukhpinder Sandhu 3 years, 6 months ago

    Plant A/C Dr..6,00,000 To Vendor A/C ..6,00,000 No. Of debenture issued = 6,00,000÷120=5000 (100+20 premium) Vendor A/C Dr.. 6,00,000 (5000×100)To9% deb A/C 5,00,000 (5000×20)To security premium 1,00,000

    0Thank You

    ANSWER

    • Posted by Sardar Khan 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Shrutidhruv Malik 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by S. K 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Ap Diphungaolou 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Naina Goyal 3 years, 6 months ago

    Question complete nhi h

    0Thank You

    ANSWER

    • Posted by Ashi Sharma 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Husan Preet 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Husan Preet 3 years, 6 months ago

    Question ❓

    1Thank You

    ANSWER

    • Posted by Kiranveer Kaur 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Arun Singla 3 years, 7 months ago

    Vendor a/c dr. 600000 To security premium a/c 100000 To 9%debenture a/c 500000

    0Thank You

    Teesha Dharmshalani 3 years, 7 months ago

    Bank a/c dr. To sh. Allot and application

    2Thank You

    ANSWER

    • Posted by Aisha Tamang 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Husan Preet 3 years, 6 months ago

    Question ❓

    0Thank You

    ANSWER
    Madhuri and Arsh were partners in a firm sharing profits and losses in the ratio of 3 : 1. Their Balance Sheet as at 31st March, 2019, was as follows: Balance Sheet of Madhuri and Arsh as at 31st March, 2019  Liabilities Amount (₹)Assets Amount (₹)Capitals:  Machinery 4,70,000Madhuri3,00,000 Investments 1,10,000Arsh2,00,0005,00,000Debtors1,20,000 Workmen’s Compensation Fund 60,000Less: Provision for doubtful debts10,000 Creditors 1,90,000Stock 1,40,000Employees’ Provident Fund 1,10,000Cash 30,000  8,60,000  8,60,000On 1st April, 2019, they admitted Jyoti into partnership for th share in the profits of the firm. Jyoti brought proportionate capital and ₹40,000 as her share of goodwill premium. The following terms were agreed upon: Provision for doubtful debts was to be maintained at 10% on debtors. Stock was undervalued by ₹10,000. An old customer whose account was written off as bad, paid ₹15,000. 20% of the investments were taken over by Arsh at book value. Claim on account of workmen’s compensation amounted to ₹70,000. Creditors included a sum of ₹27,000 which was not likely to be claimed. Prepare Revaluation Account, Partners’ Capital Accounts, and the Balance Sheet of the reconstituted firm.   Posted by Meet Gosai 1 year, 5 months ago

    • Posted by Monika Gehlot 3 years, 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Skina_15.24 Xalxo 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Skina_15.24 Xalxo 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Chinky Verma 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER
    Simar, Raja and Rita were partners in a firm sharing profits and losses in the ratio of 2:2: 1. The firm was dissolved on 31st March, 2019. After the transfer of assets (other than cash) and external liabilities to the Realization Account, the following transactions took place : (1) A debtor whose debt of ₹90,000 had been written off as bad, paid 288,000 in full settlement. (II) Creditors to whom 1,21,000 were due to be paid, accepted stock at 271,000 and the balance was paid to them by a cheque. (ili) Raja had given a loan to the firm of 218,000. He was paid 17,000 in full settlement of his loan. (iv) Investments were 53,000 out of which investments worth 43,000 were taken over by Simar at 252,000 and the balance of the investments were sold for ₹12,000. (v) Expenses on dissolution amounted to 19,000 and the same were paid by the firm. Pass the necessary journal entries for the above transactions in the books of the firm.

    • Posted by Aarti Singh Rajput 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Ruchika Arora 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER
    Following is the Receipt and Payment Account of Women's Welfare Club for the year ended 12 To Proceeds of Charity Show 1.65.000 By Expenses on Charity [5] 1.29,000 Show To Interest on Investments @ 10% for fill year 70.000 By Newspapers 10,000 To Sundries Income 4,000 By Lectures Fee 1.65,000 By Honorarium to Secretary 1,20,000 By Cash in Hand 20,500 By Cash at Bark 2.50.000 13.12.000 Additional Information: 13,12.000 Particulars 1st April 2018 (*) 31st March 2019 () Outstanding Salaries 12,000 18.000 Insurance Prepaid 7.000 3,000 Subscription Outstanding 37,500 25,000 Subscription received in advance 17,500 10,000 Electricity charges outstanding 12.500 Stock of Stationery 22.500 7,000 Equipments 2.56.000 5.02.000 Building 12,00,000 11.40,000 Prepare Income and Expenditure Account for the year ended 31st March, 2019 and Balance Sheet as on that date

    • Posted by Ff Ghiff 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Ff Ghiff 3 years, 7 months ago

    Help

    0Thank You

    ANSWER

    • Posted by Vibhav Shinde 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER
    Madhuri and Arsh were partners in a firm sharing profits and Their Balance Sheet as at 31 ^ (st) * M * a * r * c * h 2019, was as follows: losses in the ratio of 3: 1. Balance Sheet of Madhuri and Arsh As on 31 ^ (st) March, 2019 4 Assets Amount (3) Liabilities Amount () 4,70,000 1,10,000 Capital Madhuri Arsh 1,20,000 2,00.000 Machinery Investments 5,00,000 Debtors Less: Provision for doubtful 60,000 debts Workmen's Compensation Fund (10,000) 1,10,000 Creditors Employees' Provident Fund 1,90,000 Stock 1,10,000 8,60,000 Cash 1,40,000 30,000 8,60,000 On 1 ^ (st) April, 2019, they admitted Jyoti into partnership for 1 / (4 ^ (th)) share in the profits of the firm. Jyoti brought proportionate capital and 40,000 as her share of goodwill premium. The following terms were agreed upon; (i) Provision for doubtful debts was to be maintained at 10% on debtors. (ii) Stock was undervalued by 10,000. (iii) An old customer whose account was written off as bad, paid 15,000.. (iv) 20% of the investments were taken over by Arsh at book value. (v) Claim on account of workmen's compensation amounted to 70,000. (vi) Creditors included a sum of 27,000 which was not likely to be claimed. Prepare Revaluation Account, Partners' Capital Accounts and the Balance Sheet of the reconstituted firm.

    • Posted by Akshat Rawat 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Akshat Rawat 2 years, 8 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Khushpreet Kaur 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Kas Hish 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Tammana Bansal 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Geetika Patel 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Khushpreet Kaur 3 years, 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    myCBSEguide App

    myCBSEguide

    Trusted by 1 Crore+ Students

    Install Now

    Test Generator

    Test Generator

    Create papers online. It's FREE.

    Try Now

    CUET Mock Tests

    CUET Mock Tests

    75,000+ questions to practice only on myCBSEguide app

    Install Now
    Google Play

    Download myCBSEguide App

    All Courses

    Other Websites

    CBSE Courses

    Resources

    Corporate

    NCERT Solutions

    CBSE Sample Papers

    All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2025