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Mahak Singhal 8 years, 2 months ago

Yes, just do last question of every chapter bcz these questions include all types of questions and read theory of all chapters it's enough to gain at least 50-60 marks

ANSWER

Anybody have idea about accountancy practical exam

Posted by Yash Dave 8 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Isha Vig 8 years, 2 months ago

12marks theory from b-part and viva voce

ANSWER

Bcom h 2018 for DU Merit based or entrance admission

Posted by Shubham Rawat 8 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Ritika Garg 8 years, 2 months ago

Admission

ANSWER

A and b contibute ₹400000 and ₹300000 respectivly as their capitals. They decide to allow interst on capital @8%p.a. Their respectove share of profit 3:2 and the profit for the year is₹42000 before allowing for interst on capitals .show the distribution of profit (i) Where there is no agrrement except for interst on capital and (ii) Where there is a clear agreement that the interest on capital will be allowrd evan if it involves the firm in loss.

Posted by Gagan Shukla 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Drawings-₹ 60000 withdrawn on 15 may 2017. Rate of Interest on drawings is 12%

Posted by Janhvi Kabra 8 years, 2 months ago

CBSE > Class 12 > Accountancy

8 answers

Faiz Qureshi 8 years, 2 months ago

7200 something

Faiz Qureshi 8 years, 2 months ago

72000 something

Hitesh Kumar 8 years, 2 months ago

6300

Shilpa Sony 8 years, 2 months ago

7200 I think

Saiyam Jain 8 years, 2 months ago

7200 is the right ans as p.a. is not mentioned so time period will not be considered

Md Kashif 8 years, 2 months ago

Sorry 6300

Md Kashif 8 years, 2 months ago

5700

Pari Jain 8 years, 2 months ago

7200

ANSWER

Who are the potential CA's here..??

Posted by Aryan Mittal 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

share capital on pro rata basis

Posted by Preet Kamboj 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Samle papers accounts 11 class

Posted by Vijay Kumar 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

11 class sample papers

Posted by Vijay Kumar 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

What should be maximum discount provided at the time of issue of debenture

Posted by Sarika Gupta 8 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Tanya Goyal 8 years, 2 months ago

Amount received at the time of share forfeiture......amount transferred in share forfeiture account

X Y and z are sharing profits equally their capitals were 3 lakh cr 250000 cr and 20000 dr. respectively on 1st April 2016 the partnership deed provides the following A) 10% of net profit to be transferred to general reserve b) partners are allowed interest on capital @ 5% per annum and are to be charged interest on drawings @ 6% per annum . C) z is entitled to a salary of 60000 per annum. D) X is entitled to a remuneration of 10% of the net profit before making any appropriation. E) Y is also entitled to a commission of 10% of the net profit before charging interest on drawings but after making appropriations. During the year, x withdrew rupees 3000 at the beginning of every month,Y withdrew rupees 3000 during the month and Z withdrew rupees 3000 at the end of every month. On 1st October 2016 z gave a loan of rupees 5 lakh. The manager is entitled to a salary of 2000 per month and a commission of 10% of net profit after charging his salary and commission. net profit of the firm for the year ended 31st March 2017 before providing for any of the above adjustment was 237000. prepare Profit and Loss appropriation account for the year ended 31st March 2017.

ANSWER

Posted by Bharat Thakur 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Is memorandum revaluation account in syllabus or not?

Posted by Sonakshi Garg 8 years, 2 months ago

CBSE > Class 12 > Accountancy

4 answers

Aman Garg 8 years, 2 months ago

No it is not syllabus but memorandum balance sheet is in our syllabus

3Thank You

Nisha Deshwal 8 years, 2 months ago

But I think it is.....bcoz my teacher didn't give any message regarding it

Gold Boy 8 years, 2 months ago

No ...?

Md Kashif 8 years, 2 months ago

ANSWER

Is memorandum Balance sheet in course or out of syllabus now ?

Posted by Karan Balani 8 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Aman Garg 8 years, 2 months ago

Yes

Anjali Rathore 8 years, 2 months ago

It's in course

ANSWER

how to calculate average profits?

Posted by Arushi Choudhary 8 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Aayush Singh 8 years, 2 months ago

Sum of profit of each year ÷ no of year

ANSWER

What type of questions are asked in viva/practical?

Posted by Harshita Patidar 8 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Gold Boy 8 years, 2 months ago

The examiner is change the question every year ... Its is not possible that a student is tell you that they ask what type ques

ANSWER

Profit and loss account debit balance shows

Posted by Kritika Ameta 8 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Shriram Soni 8 years, 2 months ago

Loss

Mohini Gupta 8 years, 2 months ago

Profit & loss A/c shows profit which should be distributed among existing partners

ANSWER

Arihant Sample Question Paper book is good or not for +2 exams for Accounts ? If we want to solve the sample papers

Posted by Santa Singh 8 years, 2 months ago

CBSE > Class 12 > Accountancy

3 answers

Astha Maurya 8 years, 2 months ago

It is very good book. It has detailed solutions as well as board wise unsolved papers.

Mahak Singhal 8 years, 2 months ago

Together with is best

Aman Garg 8 years, 2 months ago

Yes , if your provisions is clear from your book

ANSWER

X and y are parents sharing profit in the ratio of 3:2 with capitals of 80000 and 60000 respectively interesting on capital is agreed @5 p.a. y is to be allowed an annual salary of 6000 which has not been withdrawn.profit for the year ended 31st march 2017 before interest on capital but after charging Y's salary amounted to 24000 A provision of 5% of the profit is to be made in respect of commission to the manager.prepare and account showing the allocation of profits

Posted by Sumit Mishra 8 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Rahul Raturi 8 years, 2 months ago

9300 = x and 6200 = y

ANSWER

Balance sheet ka use kya hai

Posted by Nikhil Rai 8 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Mohini Gupta 8 years, 2 months ago

Assets & liabilities must in the ratio of 2:1 therefore we can say that it shows the position of the firm

Nisha Deshwal 8 years, 2 months ago

Ye business ki financial position batati h , u can say it gives idea to the users of the financial position of the company.

ANSWER

Operating profit-370000 after charging depreciation of rs 62400,trade payable increase by 53200 and inventory increased by 80600.calculate cash generated from operations.

Posted by Md Kashif 8 years, 2 months ago

CBSE > Class 12 > Accountancy

11 answers

Md Kashif 8 years, 2 months ago

Bhai depreciation bhi aega because its a non-cash charge aur apne usko expense man kr less kr dia hoga jiski wajah se cash flow pr koi asar nhi padta

Aman Garg 8 years, 2 months ago

The Ans is 342600 because 370000 is operating profit before wcc ,add inc in TP 53200 =423200 ,now less inc in inventory 80600 it comes 342600

Md Kashif 8 years, 2 months ago

370000(profit) +62400 (dep)+53200(Trade payables)-80600(inventory)

Mohini Gupta 8 years, 2 months ago

Can anybody explain me how this answers has come

Rahul Raturi 8 years, 2 months ago

405000

Karishma Kandoi 8 years, 2 months ago

thanks for conforming it .

Md Kashif 8 years, 2 months ago

Hey its 405000

3Thank You

Manish Bansal 8 years, 2 months ago

566200

Karishma Kandoi 8 years, 2 months ago

koi conform kar do ...

Md Kashif 8 years, 2 months ago

I think the answer is 2,80,200.

Karishma Kandoi 8 years, 2 months ago

is it 405000.....? is my answer correct ?

Profit and Loss Appropriation Account [for the year ending 31st march 2015] A's capital A/C on 01.01.2004 = 60,000 B's // // // // // = 40,000 A's current A/C on 01.01.2004 = 2,000 cr B's // // // // // = 1,500 Dr A's drawings during 2004 = 5,000 B,s // // // = 2,000 A,s intrest on capital = 3,600 B's // // // = 2,400 A's intrest on drawings = 100 B,s intrest on drawings =80 A's share on profit =70,000 B's // // // =60,000 A's salary for the year = ------ B's salary for the year =2,400

ANSWER

What is economic activity

Posted by Kirsten Philip 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Posted by Salik Khursheed 8 years, 2 months ago

CBSE > Class 12 > Accountancy

4 answers

Mohini Gupta 8 years, 2 months ago

Isme karna kya hai

Nisha Deshwal 8 years, 2 months ago

Ya! may be

Md Kashif 8 years, 2 months ago

Appropriation a/c banana h?

Md Kashif 8 years, 2 months ago

Bhai question kya h?

from profit and loss appropriation account A's capital A/C on 01.01.2004 = 60,000 B's // // // // // = 40,000 A's current A/C on 01.01.2004 = 2,000 cr B's // // // // // = 1,500 Dr A's drawings during 2004 = 5,000 B,s // // // = 2,000 A,s intrest on capital = 3,600 B's // // // = 2,400 A's intrest on drawings = 100 B,s intrest on drawings =80 A's share on profit =70,000 B's // // // =60,000 A's salary for the year = ------ B's salary for the year =2,400

ANSWER

Posted by Salik Khursheed 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Net profit after intrest and tax of a company was rs 120000 rate of income tax is 40% the company has 10% debenture of 100000 calculate internet turnover ratio

Posted by Cutiepie Rishu 8 years, 2 months ago

CBSE > Class 12 > Accountancy

6 answers

Aman Garg 8 years, 2 months ago

Ye inventory turnover ratio hogi right?

Nisha Deshwal 8 years, 2 months ago

Okay

Manish Bansal 8 years, 2 months ago

Iss qustn me interest coverage ratio puchha h

Md Kashif 8 years, 2 months ago

Formula bta do??

Karishma Kandoi 8 years, 2 months ago

?????

Nisha Deshwal 8 years, 2 months ago

Internet turnover ratio ? .....Ye konsi ratio h ?

ANSWER

Format of realisation a/c

Posted by Ayush Baranwal 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

How to convert loan into capital

Posted by Taufiq Ansari 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Insurance premium amounting to rs.8000 was dr. to P&L account of which rs. 2000 is related the period 31 mar 2012..balance sheet is also of 31st march 2012.. This is the adjustment of adimission..what we will do??

Posted by Mehak Jain 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Interest on drawing

Posted by Neeti Singh 8 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

profit earned by partnership firm for year ended 31 march 2017 were distributed equally between the partners pankaj and anu without allowing interest on capital interest due on capital was pankaj-3000 and anu-1000

Posted by Sehaj Sodhi Sehajsodhi 8 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Md Kashif 8 years, 2 months ago

Debit both account by 4000 and then divide it equally and then adjustment entry will be given

Ajay Dubey 8 years, 2 months ago

Very simple, they are two partners and share profit equally Pankaj _ 3000×1/2=1500 Anu- 1000×1/2=500 It is answer

ANSWER

Difference between Profit & Loss Appropriation Account And profir & Loss Suspense Account ?

Posted by Lakshay Arora 4 years, 9 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 4 years, 9 months ago

Profit and loss appropriation accout is prepared to distribute profit among partners.

Profit and loss suspense accout is prepared to record profit for a particular period given to a retiring or deceased partner before the end of the accounting period.