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    • Posted by Mayank Yadav 5 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
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    Posted by Mayank Yadav 5 months ago

    CBSE > Class 12 > Accountancy
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    • Posted by Neha Sharma 5 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
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    • Posted by Sanjana Panjwani 5 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Iqra Kadir 5 months ago

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    1Thank You

    Jai Sairam 5 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

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    • Posted by Simran Singh 5 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
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    • Posted by Dilpreet Kaur 5 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
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    • Posted by Lucky Bhabar 5 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
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    • Posted by Yogesh Yadav 5 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
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    Creditors Bills payable Bank loan O/S wages O/s salaries Employee provident fund Workmen compensation reserve 30,000 25,000 1,50,000 2,000 1,200 45,000 10,000 Office building Factory building Plant Machinery Land Goodwill Stock of raw material Stock of finished goods Stock of work in progress Stock in trade Debtors Patents Prepaid expenses Copyrights Livestock Bill receivables Furniture Fixtures Typewriter Printer Accured rent Investments in shares Loose tools Warehouse building Leasehold property Freehold property Investment in debentures Computers Warehouse typewriter 1,00,000 2,00,000 1,00,000 1,00,000 1,20,000 30,000 33,000 24,000 30,000 15,000 20,000 15,000 2,000 26,000 35,000 6,000 15,000 15,000 1,500 4,000 12,00 38,000 3,000 1,10,000 80,000 60,000 24,000 15,000 30,000 Additional Information: 1. Value of office building is to be increased by Rs. 20,000 2. Value of factory building is to be increased to Rs. 2,30,000 3. Value of plant is to be brought up to 120% of its book value 4. Machinery is undervalued by Rs. 30,000

    • Posted by Navya Jain 5 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
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    • Posted by Nischal Bu 5 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Nischal Bu 5 months, 3 weeks ago

    What is the answer

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    • Posted by Nischal Bu 5 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    • Posted by Jayaraman Ambika 5 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
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    • Posted by Harkirat Kaur 5 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
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    Posted by Noor Kaur 5 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    value of investments is Rs 1,52,000. 11. Madhu and Akash were partners in a firm sharing profits and losses in the ratio of 3:1. Their balance sheet as at 31 ^ (5t) march 2019 was as follows: Liabilities Rs Assets Capitals: Madhuri Arsh Workmen's Compensation Fund 60,000 Creditors Employees Provident Fund 1,90,000 1,10,000 Total 8,60,000 Plant and Machinery Rs 4,70,000 1,10,000 1,10,000 Investments Debtors 1,20,000 Less: Provision for bad debts 10,000 Stock Cash 1,40,000 30,000 Total 8,60,000 On 1st April 2019 they admitted Jyoti into partnership for 1 / (4 ^ (th)) share in the profits of the firm. Jyoti brought proportionate capital and Rs 40,000 as her share of goodwill premium. The following terms were agreed upon: (a) Provision for doubtful debts was to be maintained at 10% on debtors. (b) Stock was undervalued by Rs 10,000. (c) An old customer whose account was written off as bad, paid Rs 15,000. (d) 20% of the investments were taken over by Akash at book value. (e) Claim on account of Workmen's compensation amounted to Rs 70,000. (f) Creditors included a sum of Rs 27,000 which was not likely to be claimed. Prepare Revaluation account, Capital account. 75 30

    • Posted by Diya Bansal 5 months, 4 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Meenu Chaurasiya 5 months, 4 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Tanu Madaan 5 months, 4 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    • Posted by Riza Ali 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    • Posted by Lokesh Kumar 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    • Posted by Sourav Das 6 months ago

    CBSE > Class 12 > Accountancy
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    • Posted by Angel Kumari 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER
    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

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    Posted by Angel Kumari 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Sleeping Beauty Rasi 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Kongka Be 6 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Dolly Yumnam 6 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Lokesh Kumar 6 months ago

    No the depreciation not charged from machinery is not a abnormal loss because it in encurd year after year

    0Thank You

    Jashan Study 6 months, 1 week ago

    No it is a normal expense it must be debited

    1Thank You

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    • Posted by Gautam Singhal 6 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Sehaj Batra 6 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Sehaj Batra 6 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER
    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

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    Posted by Gurvinder Singh 6 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
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    • Posted by Anwushka Soni 6 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Rajan Vaishy 5 months, 2 weeks 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

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