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If any details given on adj is increasing than we have increase or decrease in new bls or not ?

Posted by Annu Ashish Lakra 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

What is past adjustment

Posted by Shubham Kumar 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Nisha Deshwal 8 years, 3 months ago

After preparing capital accounts ,sometime discovered that there is some error in the calculation or omission of one or more items like IOC , IOD ,SALARY,COMMISSION etc .IN that case rather than cutting or preparing capital account again for this correction, only adjusting entries are passed concerning the capital accounts of partners

ANSWER

Do we calculate interest on drawings when a partnership firm is showing losses since last 3 years

Posted by Neetu Rani 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Is ESOP included in syllabus??

Posted by Mayura Jain 8 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Nisha Deshwal 8 years, 3 months ago

But some says it is not in syllabus ... ??

Vinay Bhadana 8 years, 3 months ago

Yes

ANSWER

Does 8th chapter debenture has change in loss / discount on issue of debenture

Posted by Prateek Jain 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Paakhi Ahlt 8 years, 3 months ago

Yes

ANSWER

10 percent amount payable to kavita was paid in cash and the balance was transferred to her loan A/c

Posted by Hardik Sharma 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Nisha Deshwal 8 years, 3 months ago

After all adjustments in Partner's capital account 10% amount of her new capital will be transferred with the name of To bank a/c in the Dr. Side and also the balance will be transferred to the Dr side with the name of her loan a/c

ANSWER

Rajesh took 50% of stock at 10000 less than book value nd the remaining stock was sold at a loss of 15000 debtors we're realised at a discount of 5%

Posted by Nimisha Jain 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Is there any change in accountancy from this December...???....

Posted by Rupali Sharma 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Charu Sharma 8 years, 3 months ago

No

ANSWER

Easy trick solve account

Posted by Sani Srivastava 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Six friends started a parternship business by investing rs 200000 each. They decided to share profit equally name the terms by which they will called individually and collectively.

Posted by Ashish Yadav 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Nisha Deshwal 8 years, 3 months ago

Individually" partners" and collectively " firms"

ANSWER

Is Mock test for class 12 commerce available?

Posted by Rachna Mehta 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Company lesson 7 at par question 5

Posted by Pintu Yadav 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

ABC your partner in a firm sharing profits in the ratio of 3 :2:1 B was guaranteed a profit of rupees 2 lakh during the year and the firm on the profit of rupees 84000 calculate net amount of profit and loss transfer to the capital account of a and c

Posted by Sanya Wadhwa 8 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Muskan Bohra 8 years, 3 months ago

Thus is : 200000 given to b but we have onlu 84000 the balance required is 116000 that should be bear by partner a and b in their ratio 3:1 and tjey have a loss of 87000 and 29000 resp

Muskan Bohra 8 years, 3 months ago

Loss to a and c that is of 87000 and 29000 resp.

ANSWER

Ts grewal solution

Posted by Shivani Suman 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Nisha Deshwal 8 years, 3 months ago

You can download an app in which all solutions are given with chapterwise ..

ANSWER

In retirement chapter goodwill will be calculated all partner?

Posted by Lakshi Gakhar 8 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Nidhi Maan 8 years, 3 months ago

Luv u Nisha des.....

Nisha Deshwal 8 years, 3 months ago

Yes... But according to question u have to calculate it

ANSWER

On the dissolution the investment fluctuation fund is 11000 and investment is 40000 but on thetime of Dissolation the investment is 42000 whateffect in this

Posted by Kanishak Kasliwal 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Inventory turnover ratio 5 times total sales 200000 gross profit ratio 25% closing more by 4000 than the opening inventory. Find opening nd closing inventory.

Posted by Shweta Govind Rao 8 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Kanishak Kasliwal 3 years, 2 months ago

30000 opening 34000 closing

Shweta Govind Rao 8 years, 3 months ago

Opening 28000 nd closing 32000

ANSWER

The forfeited share were Rishu at the maximum discount permissible under the law

Posted by Manish Rajput 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

OK give me 30 transaction of journal entries

Posted by Anjali Jaiswal 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

The usefulness of financial statements in assessing the performance of companies and analyze the liquidity of the company project

Posted by Anjali Jaiswal 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

journal entry of dissolution of firm when partner a was allowed a remuneration of rs. 10000/- to carry out dissolution work and he agreed to bear all expenses of realisation which amounted to rs. 15000/- and were paid by him

Posted by Tushar Gupta 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Nisha Deshwal 8 years, 3 months ago

Realisation A/C DR. 25000 ; TO Partner's capital A/C 25000

ANSWER

It is necessary to show the treatment of interest on debenture when the question is silent about it ??

Posted by Neelakshi Saini 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Ansh Jain 8 years, 3 months ago

No

ANSWER

Provision under which 'DRR' is opened

Posted by Rishabh Shukla 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

A provision of 1000 be created for doubtful debt, what is a treatment of this?

Posted by Annu Ashish Lakra 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Nisha Deshwal 8 years, 3 months ago

It means liability increase by 1000; write it on Dr. Side in revaluation account

ANSWER

Excess money receive on application stage will transfer to allotment

Posted by Re Ee 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Gaurav Agrawal 8 years, 3 months ago

Yes

ANSWER

What you mean by undervalued and overvalued ?

Posted by Annu Ashish Lakra 8 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Nisha Deshwal 8 years, 3 months ago

agar apko question me machinery undervalued Diya h to means apne use books me km value se likha h to use aap sahi krne k liye excess me dikha Doge i.e. machinery ki value increase show kr Doge ( write it on Credit. Side of revaluation account with same amount)

Reshma Sree 8 years, 3 months ago

Undervalued is the value which is generally low than expected value and Overvalued is the value which is more than the expected valie

ANSWER

What you mean by debtors are good ?

Posted by Annu Ashish Lakra 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Paakhi Ahlt 8 years, 3 months ago

It means that there is no need for provision now

ANSWER

What is provident fund is a assest or liability?

Posted by Annu Ashish Lakra 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Nisha Deshwal 8 years, 3 months ago

Liability

ANSWER

Difference between fixed asset and current asset

Posted by Sunil Kum 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 4 years, 9 months ago

Current assets are short-term assets that are typically used up in less than one year. Current assets are used in the day-to-day operations of a business to keep it running. Fixed assets are long-term, physical assets, such as property, plant, and equipment (PP&E). Fixed assets have a useful life of more than one year.

ANSWER

Accountant of solution Ltd engaged in business of financing has shown interest earned under investing activity while preparing cash flow statement. Is this treatment correct?

Posted by Jaspreet Kaur 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

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