No products in the cart.

Ask questions which are clear, concise and easy to understand.

Ask Question

    • Posted by Sarsij Mishra 6 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Anwushka Soni 6 months, 1 week ago

    On 1st April,2023 A and A commenced business with capitals of ₹600000 and ₹200000 respectively on 31st March 2024 the net profit (before taking into account the provision of deed) was ₹240000 interest on capital is to be allowed at 6% per annum b was entitled to a salary of ₹60000 per annum the drawings of the partners a and b were ₹60000 and ₹40000 respectively the interest on drawings for a being ₹2000 and b ₹1000 assuming that A and b are equal partners prepare the profit and loss appropriation account and partners capitals account as at 31st March 2024

    3Thank You

    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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    Posted by Tanvi Chogale 6 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Tanvi Chogale 6 months, 2 weeks ago

    Give journal entries

    0Thank You

    Tanvi Chogale 6 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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    1Thank You

    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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    Posted by Prachi Yadav 6 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER
    A, B and C were partners in a firm having capitals of ₹2,00,000; ₹2,00,000 and ₹80,000 respectively on 1st April, 2022. Their Current Account balances were A : *20,000; B: ₹10,000 and C: ₹5,000 (Dr.). According to the partnership deed the partners were entitled to interest on capital @ 10% p.a. B being the working partner was also entitled to a salary of ₹6,000 per quarter. The profits were to be divided as follows: (a) The first ₹60,000 in proportion to their capitals. (b) Next 1,00,000 in the ratio of 4: 3: 1. (c) Remaining profits to be shared equally. The firm made a profit of ₹2,80,000 for the year ended 31st March, 2023 before charging any of the above items. Prepare the Profit & Loss Appropriation Account and pass necessary journal entry for apportionment of profits.

    • Posted by Lakshay Agarwal 6 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Vansh Saini 6 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Shivangi Shivi 6 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Srinivas Srinivas 6 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Srinivas Srinivas 6 months, 3 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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    1Thank You

    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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    Posted by Prachi Yadav 6 months, 4 weeks 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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    Posted by Chhavi Jain 6 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Surender Kushwa 6 months, 3 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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    0Thank You

    ANSWER

    • Posted by Soniya Yadav 6 months, 4 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Sushant Kamboz. 6 months, 4 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER
    Pooja and Archna are parmas in a finn sharing profits and losses 1. Their capital accounts as en 1st April, 2017 stand at 70,000 ratio of 2 respectively. The partners the partners during s are allowed muret in capital @ 10% the year ended 31st March, 2018 amounted to p.a. The respectively. Interest is charged on drawings at the tale of 10% p.a. and t 1st December 1st February Interest on drawings is charged @ of A for the year ended 31st March, 20 [Ans. Interest on Drawings ₹221. Q. 22 (A). Gopal is a partner in a dras first day of every month during th If interest on drawings is c drawings of Gopal. 4,800 and Pooja has given a loan to firm as on 1st November, 2017 of ₹20,000. The profit of the firm for the year ended ist March, 2018 before adjustments was 280,000. 10% of this pult is beligt in a Reserve Account Current A/c balances on 1st April, 2017 wet Pooja ₹5,000 (Cr.); As 23,000 (Dr

    • Posted by Himalaya Singhal 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Saksham Aryan 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER
    Madhuri and Arsh were partners in a firm sharing profits and Their Balance Sheet as at 31 ^ (st) * M * a * r * c * h 2019, was as follows: losses in the ratio of 3: 1. Balance Sheet of Madhuri and Arsh As on 31 ^ (st) March, 2019 4 Assets Amount (3) Liabilities Amount () 4,70,000 1,10,000 Capital Madhuri Arsh 1,20,000 2,00.000 Machinery Investments 5,00,000 Debtors Less: Provision for doubtful 60,000 debts Workmen's Compensation Fund (10,000) 1,10,000 Creditors Employees' Provident Fund 1,90,000 Stock 1,10,000 8,60,000 Cash 1,40,000 30,000 8,60,000 On 1 ^ (st) April, 2019, they admitted Jyoti into partnership for 1 / (4 ^ (th)) share in the profits of the firm. Jyoti brought proportionate capital and 40,000 as her share of goodwill premium. The following terms were agreed upon; (i) Provision for doubtful debts was to be maintained at 10% on debtors. (ii) Stock was undervalued by 10,000. (iii) An old customer whose account was written off as bad, paid 15,000.. (iv) 20% of the investments were taken over by Arsh at book value. (v) Claim on account of workmen's compensation amounted to 70,000. (vi) Creditors included a sum of 27,000 which was not likely to be claimed. Prepare Revaluation Account, Partners' Capital Accounts and the Balance Sheet of the reconstituted firm

    • Posted by Pozhil Veer 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Vansh Sharma 7 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Tanya Chaudhary 7 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Tanya Chaudhary 7 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Lokesh Kumar 6 months ago

    We will be calculating drawing on 10000 * 6 / 100

    0Thank You

    ANSWER

    • Posted by Kinara Bhatt 7 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Payal Gurung 7 months, 1 week ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Akash Seervi 7 months, 2 weeks 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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    Posted by Pragya Shukla 7 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Ritu Bansal 7 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Tanisha .. 7 months, 2 weeks ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Lokesh Kumar 6 months ago

    Manipulation

    0Thank You

    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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    Posted by Manvi Zaildar 7 months, 3 weeks 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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    Posted by Sidra Badie 7 months, 3 weeks 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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    Posted by Velkharthik A 7 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Suhani Yadav 8 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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    Posted by Johny Lalhmangaihsanga 7 months, 3 weeks ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Johny Lalhmangaihsanga 7 months, 3 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

    Few rules to keep homework help section safe, clean and informative.
    • Don't post personal information, mobile numbers and other details.
    • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
    • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
    • Ask specific question which are clear and concise.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    0Thank You

    ANSWER

    • Posted by Nitin Sharma 7 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Nitin Sharma 8 months ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    myCBSEguide App

    myCBSEguide

    Trusted by 1 Crore+ Students

    Install Now

    Test Generator

    Test Generator

    Create papers online. It's FREE.

    Try Now

    CUET Mock Tests

    CUET Mock Tests

    75,000+ questions to practice only on myCBSEguide app

    Install Now
    Google Play

    Download myCBSEguide App

    All Courses

    Other Websites

    CBSE Courses

    Resources

    Corporate

    NCERT Solutions

    CBSE Sample Papers

    All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2024