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If in the ques given 11000 as commission it will add in the revaluation a/c or it will add in the bal sheet or not

Posted by Annu Ashish Lakra 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Aman Deep Mittal 8 years, 3 months ago

It will be credited in revaluation account and shown on the assests side of new balance sheet as it is accrued income

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ANSWER

Easy method to learn cash flow

Posted by Shristi Negi 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

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Why should a new partner contribute goodwill on his admission

Posted by Nitin Bansal 8 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Aman Deep Mittal 8 years, 3 months ago

Existing partners sacrifice their profit sharing ratio for the bew partner so in consideration or as compensation new partner contribute goodwill on his admission

1Thank You

Mariya Aasim 8 years, 3 months ago

Because he has not contributed to the existing goodwill which is maintained by the old partners. So they ask the new partner to give his share of goodwill

1Thank You

ANSWER

Theory

Posted by Nitin Bansal 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

A and B are partner. A's capital is 100000 and B's capital 60,000. Intrest on capital is payable@ 6% p.a. B is entitled to a salary of 3000 per month. Profit for the current year before interest and salary to B is 80,000 prepare profit and loss appropriation account

Posted by Aliya Hafiz 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Nandini Rajput 8 years, 3 months ago

Profit of rs 34400

1Thank You

ANSWER

Is Loss on issue of debenture (Topic) will come in board

Posted by Shubham Rawat 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Aman Deep Mittal 8 years, 3 months ago

Yes

1Thank You

ANSWER

Which year paper is this in which 1st question is List any 4 items which can be credited to the capital account of a partner when the capital are fluctuating

Posted by Man Singh 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Nandini Rajput 8 years, 3 months ago

1. Capital balances 2. Interest on the capital 3. If salary or partner commission given 4. General reserve

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What is formula of hidden goodwill

Posted by Vishal Arora 8 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Abhi Rana 4 years, 10 months ago

capital of all partner [old+new] [minus] p nd l [minus] revaluation [minus]

0Thank You

Yas S 8 years, 3 months ago

Ttl capital of the firm less add all capitals of the partners then it will be ur firms capital and then find out the share of partner

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ANSWER

How to distribute the profit to old partners

Posted by Roshan Maheshwari 8 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Preet Jatana 8 years, 3 months ago

In partners old ratio

0Thank You

Vishal Arora 8 years, 3 months ago

In partners ratio

2Thank You

ANSWER

2+2

Posted by Vinita Kumari 8 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Simran Grover 8 years, 3 months ago

4 and 22?

1Thank You

Vinita Kumari 8 years, 3 months ago

2+2: 4

1Thank You

ANSWER

wye Ltd. purchased an established buisness for rs 200 ,000 payble as to 65000 in cash and the balance by an issue of 9% debentures of rs 100 each at a discount of 10 % give journal entries in the book of wye Ltd .

Posted by Anjali Tomar 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Anjali Tomar 8 years, 3 months ago

1500 debenture of rs 100 each

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ANSWER

How to study accountancy

Posted by Anchal Malawalia 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

How is ESI payable which is given in balance sheet to be treated on admission of a new partner?

Posted by Hitesh Kumar 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

What is "one person company''?

Posted by Hitesh Kumar 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Kapil Jangra 8 years, 3 months ago

Sole proprietorship

2Thank You

ANSWER

Can I get some ideas for cash flow

Posted by Sudharsana Ramanathan 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

revision notes of company

Posted by Simran Kedia 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Karan, nakul, and answer work partner in a firm sharing profit and loss in the ratio 3 to 1 at the time of admission of a partner the Goodwill of the form was value at 200000 rupees the Accountant of the form passed the entry in the book of accounts and thereafter short Goodwill at 200000 Rupees as an asset in the balance sheet was he correct in doing so why

Posted by Gaurav Raj 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

How are expenses on issue of shares written off during cash flow statement?

Posted by Yukta Goyal 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

What are preliminary expences? And how are they written off while preparing cash flow statement?

Posted by Yukta Goyal 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Innocent Girl 8 years, 3 months ago

these r those expenses which r incurred before co. start

3Thank You

ANSWER

How will prepare investmemt a/c nD what's it treatment

Posted by Pooja Kala 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Gk Verma 8 years, 3 months ago

It is prepare just like any other asset a/c

0Thank You

ANSWER

Simple

Posted by Suraj Juyal 8 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Karishma and Sheena contributed 40000 and 20000 respectively. They decide to allow interest on capital @ 6% per annum their respective share of profit is 2:3 and the profit (before interest) for the year is 3000. This profit has been credited to their accounts show the amount of interest allowed to each partner . (1).where their is no agreement except for interest on capitals . (2).where their is a clear agreement that the interest on capital will be allowed even if it involves the firm in loss.

Posted by Aditya Srivastava 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Rishi Kumar 4 years, 10 months ago

1 there is no agreement so profit is equally distribution and not charge in int on cap. 2 the profit is distribution in and charge in IOCcapital ratio.like K is 2400 S is 1200 profit.

9Thank You

ANSWER

Blue print chapter wise

Posted by Harsh Nagar 8 years, 3 months ago

CBSE > Class 12 > Accountancy