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What is the difference between household services and Producer services

Posted by Rekha Devi 4 years, 8 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 4 years, 8 months ago

Household Services means activities taught to or performed by a caregiver for a resident such as cooking, cleaning, budgeting, and other household care or maintenance tasks.
Producer services providers are firms that sell services primarily to the business community rather than to individuals and households. Accounting firms, consultants, and computer design services are prominent examples of producer services businesses.

ANSWER

What is consumables good

Posted by Priyanka Patel 4 years, 8 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 4 years, 8 months ago

In accounting, a consumable is a small, everyday item that is bought, 'used up', and then replaced. Consumables can also be referred to as 'consumable goods', 'soft products' or 'non-durable products'. We use consumables every day; for example, we consume food and water. In the same way, a business can consume goods.

ANSWER

Revenue from operation 800000 ; inventory turnover ratio 5 gross profit 25% find out the value of closing inventory; if closing inventory is 20000 more than the opening inventory

Posted by Vansh Agarwal 3 years ago

CBSE > Class 12 > Accountancy

1 answers

Shan? .Va 4 years, 8 months ago

Closing inventory 110000 Opening inventory 130000

ANSWER

Green Ltd purchased the assets of strong Ltd for 40000000 ..

Posted by Prabhjot Kaur 4 years, 8 months ago

CBSE > Class 12 > Accountancy

2 answers

Swapnil Singh 4 years, 8 months ago

Give complete question.

Sia ? 4 years, 8 months ago

Please ask question with complete information.

ANSWER

How much amount will be recorded in income and expenditure Account if club has 400 member each paying an annual subscription of ₹100.outstanding subscription on 31st March 2019 were ₹2000

Posted by Crazy Girl 4 years, 8 months ago

CBSE > Class 12 > Accountancy

4 answers

Sia ? 4 years, 8 months ago

Income and Expenditure Account
for the year ending 31st march 2019

Expenditure	₹	Income	₹
		By Subscriptions (₹ 400 {tex}\times{/tex} 100)	40,000

Rs.40,000 credited to Income And Expenditure Account.

Crazy Girl 4 years, 8 months ago

But Outstanding subscription jo diya huaa h 31st March 2019 were ₹2000 wo record nhi hoga aisa kyo plz explain kr digiye na

Priyanshu Rawat 4 years, 8 months ago

40000

Swapnil Singh 4 years, 8 months ago

40000 on income side of income and expenditure account.

ANSWER

Students here are those who are going to give their boards this year or who just came in 12th?

Posted by Itz Me 4 years, 8 months ago

CBSE > Class 12 > Accountancy

2 answers

Anamika Sharma 4 years, 8 months ago

Boards next month

Satyam Suman 4 years, 8 months ago

Giving board exam this year

ANSWER

when appropriation are more than profits

Posted by Retire Jersy No.10 4 years, 8 months ago

CBSE > Class 12 > Accountancy

1 answers

Anamika Sharma 4 years, 8 months ago

Please ask full questions but still... If appropriations are more than profits, divide the individual appropriation with total of all appropriations and multiply it by the available profits. In this way you've to calculate for all the amounts, the account will be balanced.

ANSWER

Yeh Balance Sheet Match kyu nahi hota?

Posted by Christopher Bol 4 years, 8 months ago

CBSE > Class 12 > Accountancy

3 answers

Anamika Sharma 4 years, 8 months ago

Mene bhi vahi bola ??

Satyam Suman 4 years, 8 months ago

Difference jitne amount ka ho use adjustment me check kro ya fir uska half ya double amount ko check kro mil jaata h generally

Anamika Sharma 4 years, 8 months ago

Jo difference hai usko match krke dekh liya kro adjustments and given balance sheet se.. baki aapki kismat ?

ANSWER

Reserve Capital is not a part of.(a)Authorized Capital (b) Subscribed Capital (c)Unsubscribed capital (d) Issued Share Capital

Posted by ?????? ???? . 4 years, 8 months ago

CBSE > Class 12 > Accountancy

5 answers

Crazy Girl 4 years, 8 months ago

Unsubscribe capital

Swapnil Singh 4 years, 8 months ago

Unsubscribed capital

Christopher Bol 4 years, 8 months ago

Kya karega utna parke? Aish karo

Anamika Sharma 4 years, 8 months ago

Unsubscribed capital.. reserve capital is the amount not called, which is to be called only in case of winding up of a firm.

Satyam Suman 4 years, 8 months ago

Subscribed capital

ANSWER

Veer Ltd. invited applications for issuing 1,00,000 Equity Shares of 500 each at a premium of 100 per share. The amount was payable as: On application200 per share On allotment 300 per share (including premium) On first and final call balance of the amount .Applications for 2,00,000 shares were received. Applications for 50,000 shares were rejected and the application money was refunded. Pro rata allotment was made to the remaining applicants. Amount overpaid with application was adjusted towards sums due on allotment. All calls were made and were duly received except the first and final call on 100 shares allotted to Vasu. These shares were forfeited. The forfeited shares were reissued to Ravi for 60,000 as fully paid-up.

Posted by Aman Jamwal 2 years, 2 months ago

CBSE > Class 12 > Accountancy

3 answers

Raj Kumar Thakur 11 months, 2 weeks ago

answer me

Parv Jain 4 years, 8 months ago

Karna kya hai

Jas S 3 years, 8 months ago

H

ANSWER

Name the transactions which can be included in both investing as well as financing activities.

Posted by Anamika Sharma 4 years, 8 months ago

CBSE > Class 12 > Accountancy

5 answers

Sia ? 4 years, 8 months ago

Financing activities include the the activities which a firm undertakes to gather the necessary finances for itself to conduct its business operations, and the activities to repay the funds back.
Investing activities include the activities under which a business purchases or sells its fixed assets, where a purchase is made for using the asset in business or just for the purpose of earning income and a sale is generally made for replacing the asset or if it is not needed by the business firm anymore.
Now, since you are asking the transactions which impact both the financing and investing activities in cash flow, a variety of transactions can be formed just by combining the events taking place in both the activities.

Anamika Sharma 4 years, 8 months ago

Thanks khan ?

Christopher Bol 4 years, 8 months ago

Bhai kaha se hai tu?

?????? ???? . 4 years, 8 months ago

Issue of shares or debentures for consideration other than cash can be its example, because it will impact both investing as well as financing activities.

Anamika Sharma 4 years, 8 months ago

Thankyou.. but I've asked for the transactions, not definitions ?

ANSWER

Mr.X purchased a secondhand machinery on 1.5.2016 for t 50,000, paid ? 11,000 fur ita ove hauling and 5,000 for ita installation which was completed by 30.6.2016. The company provide depreciation on its machinery at 15% on diminishing balance method from the date it was put to and closes its books on 31st March every year. On 1.1.2018, a repair work was carried out on machine and 5,000 were paid for the same. The Machine was sold on 31.1.2019 for a sum of 11 and an amount of 1,000 was paid as dismantling charges. Prepare Machinery Account from 2016-17 to 2018-19.

Posted by Ruchi Verma 4 years, 8 months ago

CBSE > Class 12 > Accountancy

1 answers

Akash Kumar 4 years, 5 months ago

answer plss

ANSWER

Give the treatment of treasury bills and demand deposit with bank in the cash flow statement

Posted by Nikita Yadav 4 years, 8 months ago

CBSE > Class 12 > Accountancy

2 answers

Sia ? 4 years, 8 months ago

Cash comprises cash in hand and demand deposite whereas treasury bills are part of cash and equivalents, so these are included in opening and closing cash and cash equivalent only. So these types of transaction no to be included in cash flow from different activities like operating investing, financing activities.

Satyam Suman 4 years, 8 months ago

Treasury bills and demand deposits are included in cash and cash equivalent so they will br shown in opening cash and cash equivalent which comes after net cash increase in cash flow stateme

ANSWER

Reena and Raman are partners with capitals of Rs. 3,00,000 and Rs. 1,00,000 respectively. The profit (as per Profit and Loss Account) for the year ended March 31, 2017 was Rs. 1,20,000. Interest on capital is to be allowed atp.a. Raman was entitled to a salary of Rs. 30,000 p.a. The drawings of partners were Rs. 30,000 and 20,000. The interest on drawings to be charged to Reena was Rs. 1,000 and to Raman, Rs. 500.
Assuming that Reena and Raman are equal partners. State their share of profit after necessary appropriations

Posted by Tanishq Mittal 4 years, 8 months ago

CBSE > Class 12 > Accountancy

2 answers

Kunjilal Paikara 4 years, 4 months ago

answer please

Sneha Sharma 4 years, 5 months ago

Reena and Raman are partners with capitals of Rs.300000 and Rs.100000 respectively. The profit (as per profit and loss Account) for the year ended March 31, 2017 was Rs. 120000 . Interest on capital is to be allowed at 6% p.a Raman was entitled to a salary of Rs.30000p.a. The drawings of partners were Rs.30000 and 20000. The interest on drawings to be charged to reena was Rs.1000 and to Raman, Rs.500. Assuming that Reena and Raman are equal partners. State their share of profit after necessary appropriations.

ANSWER

Npo bk club opening cash bal 7800 from pariksha 2020 rspl2

Posted by Manwinder Singh 4 years, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

How to prepare a cash book and and opening balance sheet

Posted by Yamichup Kazingmei 4 years, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

subscription during the year ended march 31,2017 by Hydrabad arts club were as under:

Posted by Bulbul Kumari 4 years, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Astha and gomti are partners in a firm sharing profit and losses in the ratio 2:1 their capital accounts as on 1st April 2011 stand at

Posted by Idika Jha 4 years, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Karur ltd

Posted by Niranjan Jha 4 years, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

A and B are partners and the profit is divided as follws: to A; 1/3 to B and 1/6 carried to a Reserve Account. They admit C as a partner on 01st April 2009 on which date the Balance Sheet of the firm was as under: Liabilities Amount Assets Amount Creditors 2800 Cash at Bank 2000 Emloyee's Provident Reserve 1200 Debtors 6500 General Reserve 22000 Less PFBDD 500 6000 Capitals Stock 3000 Ram A 6000 Investments 5000 Shyam B 4000 10000 Goodwill 10000 P & LA/C 10000 36,000 36,000 They decide to admit Mohan on April 01st april 2009 for 20 paisa share in a rupee on the following terms: 1) Goodwill of firm valued 30,000, ii) The unaccounted accrued income of Rs. 100 be provided for. iii) Investments were reduced to 90% iv) A debtor whose due of Rs. 500 was written off as bad debts paid 400 in full settlement. v Mohan to bring in capital to the extent of 1/5th of the total capital of the new firm.

Posted by Nikhil Jain 4 years, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

K and B are partners in a firm sharing profit and losses in the ratio 5 : 3 their fixed capital where K ₹5,00,000 and P ₹3,00,000the partnership deed provided the following: a) K’s salary ₹ 5000 per month and P salary r₹ 48000 per annum b) Interest on capital @ 10% per annum Ignoring the above items profit of ₹ 348000 for the year ended 31st March 2020 was distributed between the partners Pass Adjustment Entry

Posted by Shraddha Dubey 4 years, 8 months ago

CBSE > Class 12 > Accountancy

1 answers

Sanu Jha 4 years, 8 months ago

0 Ans

ANSWER

Cbse 2006 admission of a partner solution please

Posted by Jyotirmoy Roy 4 years, 8 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Answer of q 1

Posted by Shourya Singh 4 years, 8 months ago

CBSE > Class 12 > Accountancy

1 answers

Fathima Hadiya 4 years, 8 months ago

Please name the chapter of the abovementioned

ANSWER

A and B are two partners in a partnership firm sharing profit and loss in ratio of 3 : 2 having capital balance on 1st april 2016 ₹ 5,00,000 and ₹ 4,00,000 respectively as per partnership deed interest on capital is allowed @ 10% p.a. A introduced fresh capital ₹ 2,50,000 on 1st July 2016 while B withdraws ₹ 1,00,000 from his capital on the same date. Calculate interest on capital for each partner and pass the journal entry.

Posted by Anshika Gupta 4 years, 8 months ago

CBSE > Class 12 > Accountancy

1 answers

Shourya Singh 4 years, 8 months ago

B 92500 and a 18750

ANSWER

Friends can you plz tell me that how can i remember in ratio analysis. They are confusing..

Posted by Deeksha Sharma 4 years, 8 months ago

CBSE > Class 12 > Accountancy

3 answers

Satyam Suman 4 years, 8 months ago

Practice all the illustrations of these questions . After doing around 50-60 question you will remember all the ratios

Khushi Kumari 4 years, 8 months ago

Written down all the formulas in a single paper and highlight with large letters and use different colours of pen...And paste near your study table or walls or even click photo and set on phone wallpaper...And just try to see them twice a day No need to memorize by learning.... Visualising is much more effective it is significantly proven.

Mamta ... 4 years, 8 months ago

When you simply memorize the ratios, it is difficult to remember each of them. Instead, you can write down the ratio and work on each ratio with different numbers until you remember the formula.✨

ANSWER

Opening inventory 140000 closing inventory 260000 revenue from operation 3000000 gross profit is 33 1/3 % on cost of revenue from operations calculate inventory turnover ratio .

Posted by Mahi Gupta 4 years, 8 months ago

CBSE > Class 12 > Accountancy

3 answers

Mahi Gupta 4 years, 8 months ago

Correct answer is 11.25 times But how I don't know ??

Shourya Singh 4 years, 8 months ago

5 times

Shreyansh Jain 4 years, 8 months ago

COGS=2000000 Average inventory =400000 ITR= 2000000÷400000=5times

ANSWER

Calculate working capital turnover ratio from the following particular

Posted by Mohansi Jain 4 years, 8 months ago

CBSE > Class 12 > Accountancy

2 answers

Tia Clarice Jose 4 years, 8 months ago

Current assets - current liability=working capital

Anamika Sharma 4 years, 8 months ago

Question?

ANSWER

Is arrear added to Share capital?

Posted by Sian Yushi 4 years, 8 months ago

CBSE > Class 12 > Accountancy

2 answers

Satyam Suman 4 years, 8 months ago

No

Priyanshi Gupta 4 years, 8 months ago

No

ANSWER

How to get prepared for accountancy viva please give me some tips

Posted by Cute Girl 4 years, 8 months ago

CBSE > Class 12 > Accountancy

3 answers

Satyam Suman 4 years, 8 months ago

Be confident and revise book 3

Priyanshi Gupta 4 years, 8 months ago

You can prepare your part B

Anamika Sharma 4 years, 8 months ago

Just be confident about your subject, know all the concepts of every chapter, and most importantly cash flow and NPO.. do not fumble in front of the external, and if you don't know the answer simply tell them... hope it helps :)

ANSWER

Outstanding subscription and advance subscription treatment

Posted by Surbhi Sharma 4 years, 8 months ago

CBSE > Class 12 > Accountancy

1 answers

Anamika Sharma 4 years, 8 months ago

Opening Outstanding - subtract Closing Outstanding - add Opening advance - add Closing advance- subtract

ANSWER

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