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1.No goodwill exists in the books. 2.At the time of admission goodwill existed in the books of the firm at 1,60,000

Posted by Poojal Agrawal 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

X and Y are two partner sharing profits and losses in the ratio of 5:3 Z is admitted as a new partner for ¼th share of profit. Whar sacrificing ratio will be?

Posted by Santanu Kumae Thakur 3 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Arpit Gupta 3 years, 2 months ago

Let the total share 1 =1-1/4= 3/4 3/4*5/8= 15/32 3/4*3/8=12/32 1/4*8/8= 8/32 New ratio will be 15:12:8

Arpit Gupta 3 years, 2 months ago

Simple hi

ANSWER

?

Posted by Arveen Singh 3 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

🤟Royal Thakur 🤟 3 years, 2 months ago

??

ANSWER

Konark Ltd invited

Posted by Himanshu Gelani 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

. A firm’s current ratio is 3.5 : 2. Its current liabilities are ?80,000. Its working capital will be

Posted by Kashish Singh 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Jain ltd invited applications for issuing 112000 euity share of rs10 each at par. The amount per share was payable as follow on application rs1,on allotment rs 2,on 1st call rs3 nd 2nd final call rs4. Applications for 100000 shares were received. Shares were fully alloted to all the applicants. Ramesh failed to pay his allotment money which was rs2000.his shares.his shares were forfeited immediately. Suresh did not pay the first call on 500 shares applied by him.his shares were forfeited after the first call. The forfeited shares of ramesh and suresh were re-issued at rs9 per share fully paid up. Afterwards the second and final call was made and was duely received. Pass the journal entries for tge above transaction in the books of jain ltd. Plzz fast give me answer

Posted by Rohit Roy 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

profit and loss account of hashu ltd for the years ended 31st march 2005 and 2006

Posted by Soumita Shee 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Q 22 ch 1 company accounts

Posted by Khushi Sharma 3 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Mohammad Wasim 3 years, 2 months ago

Share capital

Garvisha Jain 3 years, 2 months ago

Go check out the volume 2

ANSWER

Accounting ratio formula sequence wise?

Posted by Yash Mishra 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Dk goel or Ts grewal which one is best for class 12 mcq based paper ... (Term 1)

Posted by Naitik Katiyar 3 years, 2 months ago

CBSE > Class 12 > Accountancy

4 answers

Ajeet Kumar 3 years, 2 months ago

I prefer you ts grewal . its best and easy language

Garvisha Jain 3 years, 2 months ago

And and and Ncert is must. Probably u should read it once and yeah that's it. I said only once cuz mcq is gonna be line by line in paper from ncert!! I am not sure about accounts but eco and bst for sure

Anny Solanki 3 years, 2 months ago

Ts grewal is best

Captain Msa 3 years, 2 months ago

my school recommend ts grewal due to its extra questions and scan of more extra questions online feature is available never tried dk goel so cant really tell

ANSWER

Chapter 2 to exercise number 44 baruwa and das our partners in a firm sharing profits and losses in the ratio of 53: 53 respectively the trial balance of the firm as on 31 March 2021 was as follow.

Posted by Diwash Ghimire 3 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Garvisha Jain 3 years, 2 months ago

Brooo u wrote half of the question.

ANSWER

The opening cash Balance as on 1st January, 2018 of Ranu Club was 8,000. Prepare Receipts and Payments Account for the year ended on 31st December, 2018 from the following transactions - (i) Subscription received for current year * 35,000 ; (ii) Subscription received for next year in advance * 1,000; (iii) Life Membership Fees * 6,000 ; (iv) Investment made *25,000 ; (v) Bought Furniture * 3,000 ; (vi) Bought sports materials for 3,000: (vii) General Expenses paid ₹ 5.500; (viii) y Expenses Outstanding 300; (ix) Depreciation to be charged @ 10% on furniture. [Ans. Balance of Receipts & Payments A/c 13,500]

Posted by Palak Ahuja 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Parul and aruna specific project

Posted by Riya Mehta 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

gee limited forfeited 7000 equity shares of rupees hundred each for the non payment of first call of rupees 30 Persia these shares were issued at a premium of 30 per share the second and final colour rupees 20 share was not yet made the forfeited shares are issued at 80 per share fully paid up pass journal entry

Posted by Aastha Agrawal 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

gee limited forwarded 7000 shares of rupees hundred each for the non payment of first call of rupees 30% the share were issued at a premium of RS 30 per share the second and final call of rupees 25 yrs not 8 m forfeited shares are issued at 80% Philippe interpersonal entry

Posted by Aastha Agrawal 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Sargam Ltd

Posted by Anjali Chauhan 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Karur Ltd. invited applications for issuing 2,40,000 equity shares of 10 each at a premium of 14 per share. The amount was payable as under: On application-4 per share (including premium 2), On allotment- 4 per share, On first and final call-6 per share (including premium * 2). Applications for 3,00,000 shares were received and pro-rata allotment was made to all the applicants. Excess application money received on application was adjusted towards sums due on allotment. All calls were made and were duly received except from Rohini, who failed to pay allotment and first and final call on 7,500 shares applied by her. These shares were forfeited. Afterwards, 40% of the forfeited shares were re-issued at 11 per share as fully paid-up. Pass the necessary Journal entries in the books of Karur Ltd. Open Calls-in-Arrears and Calls-in-Advance Accounts wherever necessary.

Posted by Anushka Sonawane 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Ts Grewal chapter 4 Q 7

Posted by Shubham Chaturvedi 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Konark ltd invited application for issuing 3,00,000 shares

Posted by Aastha Bansal 3 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Shailja Salaria 3 years, 2 months ago

Hii

ANSWER

Ioc @6

Posted by Aatif Azhar Azhar 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

9)A, B and C sharing profits in the ratio 3:2:1 respectively. C wants that profits be shared equally and it should be applicable retrospectively from the last three years. Other partners have no objection to this. Profits for the last three years were Rs 1,20,000, Rs 94,000 and Rs 1,10,000 respectively. Record adjustment that means of a journal entry and show the working notes

Posted by Yash Tuteja 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

e f and g

Posted by Vanshaj Bhatia 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Arun and Vijay are partners in a firm sharing profits and losses in the ratio of 5:1. Balance Sheet (Extract) Liabilities ₹ Assets ₹ Machinery 40,000 If the value of machinery reflected in the balance sheet is overvalued by 33 %, find out the value of Machinery to be shown in the new Balance Sheet

Posted by Lakshya Sethi 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Capital of kajal Neerav and alisha as on 31st march 2021 amounted to 90000 ,330000and 660000respectively.profit of 180000 for the year ended 31st March 2021 was distributed in the ratio of 4:1:1 after allowing interest on capital 10%p.a during the year,each partner withdrew 360000.the partnership deed was silent as to profit sharing ratio but provided for interest on capital 12% pass the necessary adjustment entry showing the working clearly

Posted by Vasundhara Shrivas 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

From the following, ascertain debt-equity ratio: Share capital-600000 Capital reserve -320000 General reserve-60000 Profit and loss balance -140000 8%debentures -500000 10% Long term loan-340000 Long term provision-112000 Current Liabilities -220000 Current Assets-310000

Posted by Mahak Agarwal 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

yadu madhu and vidhu are partners sharing profit losses in the ratio of 2:2:1 their fixed capital on april 01 2019 were yadu 500000 vidu 400000 madhu 350000 as per the partnership deed partners are entitled to interest on capital @5% p.a. and yadu has to be paid a salary of 2000 per month while vidu would ve receiving a commision of 18000 net loss of the firm as per profit and loss and loss account for the year ending 31 March 2019 amounted to 75000 on the basis of given information prepare profit and loss appropriation account . prepare profit and loss appropriation account for the year ending March 31 2019

Posted by Tanishi Jha 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Sachin and dravid are partners in a firm sharing profits and losses in the ratio 3:2 they admitted ashwini as a new partner for 1/4 the share in future profits

Posted by Gowthami M. Com 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

in which ratio profit or loss on revaluation of assets and liabilities is transferred to old partners ?

Posted by Sumit Paswan 3 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Aniket Agarwal 3 years, 2 months ago

Old ratio

ANSWER

Rao and reddy were partner in a firm sharing profit in the ratio of 3:1 they admitted kutty as a new partner for 3/8 the share in the profit the new point sharing ratio will be 3:2:3 kutty brought r 200,000 for his capital an

Posted by Riddhi Kapoor 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

raman and rohit were partners in a firm

Posted by Disha Soni 3 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

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