CBSE > Class 12 > Accountancy | CBSE Board | Homework Help

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

Ask Question

22000 the capital invested of the form is

Posted by Yukti Bhojkhi 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 3 years, 5 months ago

Please ask question with complete information.

0Thank You

ANSWER

If sale on an accrual basis are Rs 5,00,000/- and accounts recievable increased by Rs 30,000/-, the cash received from customers would be.........

Posted by Saksham Gujran 3 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

shareholder means

Posted by Shivam Priyadarshi 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Shivani Narwar 3 years, 10 months ago

shareholder is essentially owner of the company, and it is also refrred to stockholder.

2Thank You

ANSWER

What are all example of current assets?

Posted by Mandeep Singh 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Diya Mehta 3 years, 10 months ago

Trade receivable Inventory Cash & cash equivalent Sundry debtors etc.

0Thank You

ANSWER

A__ asset arise when accounting income is less than taxable income?

Posted by Ayush Mishra 3 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

k n l ltd. invited applications for 600000 equity shares company receives applications of 800000 equity shares

Posted by Nikita Kumari 3 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

when the value of goodwill of a firm is not given but has to be inferred on the basis of net worth of firm time is called

Posted by Dhruv Kumar 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 3 years, 7 months ago

Hidden goodwill. When the value of goodwill is not given in the question, it has to be calculated on the basis of total capital/net worth of the firm and profit sharing ratio. X and Y are partners with capitals of ₹ 10,000 each. They admit Z as a partner for 1/4th share in the profits of the firm.

0Thank You

ANSWER

What is meaning of partnership

Posted by Sejal Kurmi 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Giraj Soni 3 years, 10 months ago

partnership is an activity which perform by two or more partners of firm

0Thank You

ANSWER

Project file on himdustan uniliver limited

Posted by Aditi Ahuja 3 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Kayafab Ltd. issued 1,00,000 equity shares of Rs. 10 each payable as Rs. 2 on application; Rs. 4 on allotment and Rs. 2 each on first and final call. Applications were received for 1,50,000 shares. Applicants of 50,000 shares were sent letters of regret and application money was refunded Madhur, a holder of 3,000 shares failed to pay allotment money which he paid along with the first call. Rohan, a shareholder holding 700 shares paid both the calls along with allotment. Sohan, a holder of 1,000 shares did not pay the first call and the final call. His shares were forfeited. The forfeited shares were reissued at Rs. 11 per share as fully paid-up. Pass necessary journal entries for the above transactions in the books of the company.

Posted by Ajil Bhargavan 2 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 3 years, 5 months ago

Money received in Share application account - 4,50,000 (1,50,000 X 3)

Less: Money for share allotment - 3,00,000 (100000 X 3)

Less: money for shares rejected - 60,000 (20000 X 3)

Excess money available 90,000

The amount of excess application money available for adjustment against allotment is Rs.90,000.

24Thank You

ANSWER

vinod a partner gets commission this will be recorded in

Posted by Khushi Choraria 3 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Shivani Narwar 3 years, 10 months ago

And also it comes in Profit and Loss Appropriation account

0Thank You

Kajal Sah 3 years, 10 months ago

Partners capital account

0Thank You

ANSWER

intrest on loan taken for constructing a building

Posted by Mohammed Salman 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Aadharshini Sudha 3 years, 10 months ago

Capital expenditure

1Thank You

ANSWER

locker rent paid

Posted by Mohammed Salman 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Mohammed Salman 3 years, 10 months ago

revenue reciept

0Thank You

ANSWER

stock is undervalued by 10% and it is to be adjusted properly book value is 54000

Posted by Sipika Jain 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Aleen Nazim 3 years, 10 months ago

As the book value is 54000, the 10%of 54000 should be shown in the credit side of revaluation account may it be admission or retirement

8Thank You

ANSWER

In the comparative statement b/ s current amount is given and previous amount is not available so what happen in the balance sheet

Posted by Mohan Singh Charan 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Shivani Narwar 3 years, 10 months ago

that's not possible in comparative statement because comparative means comparison between two years previous year and current year.

0Thank You

ANSWER

Mohan has starts his Shop,during the first month following events that take place.

Posted by Shahzado Gul 3 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Sashank Dugar 3 years, 10 months ago

yes it's an incomplete question

0Thank You

Gaurav Seth 3 years, 10 months ago

The question you are asking is not clear or incomplete.
You can add more details like chapter name or book name.
Ask specific question which are clear and concise.
Ask properly stated queries for the answer.

आप जो सवाल पूछ रहे हैं वह अस्पष्ट या अधूरा है।
आप अध्याय नाम या पुस्तक नाम जैसे अधिक विवरण जोड़ सकते हैं।
विशिष्ट प्रश्न पूछें जो स्पष्ट और संक्षिप्त हों।
उत्तर के लिए ठीक से पूछे गए प्रश्न पूछें।

0Thank You

ANSWER

Q.6. A and B are partner in a firm sharing profits in the ratio of 3:2. Their capitals on 1st Jan. 2007 were Rs.70000 and Rs. 50000 respectively. They decided to allow interest on capital @ 10% per annum. The profit of the firm before charging interest on capital amounted to Rs.9600. Show the distribution of profits: (a) When there is no agreement except for interest on capital. (b) When there is a clear agreement that interest on capital will be allowed even if the firm incurred a loss.

Posted by Animesh Jain 3 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

A firm makes credit revenue from operations of 240000 during the year.if the trade receivable turnover ratio is 8 times , calculate closing debtors,if the closing debtors are more by 6000 than the opening debtors......................

Posted by Baljinder Randhawa 3 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Kamna Rana 3 years, 10 months ago

Closing debtors= 18000

0Thank You

Kamna Rana 3 years, 10 months ago

12000

0Thank You

ANSWER

Receipts and payments account of Ms Singh disclosed that it has received rupees 75000 by way of subscription for the year ended 31st March 2020.the following additional information is supplied to you. Subscription outstanding on 1st April 2019 (out of which rupees 10000 where received during the year 2019-20 )12000 Subscription outstanding on 31st March 2020 for the year 2019-20 rupees 15000 Subscription received in advance on 31st March 2019 rupees 7000 Subscription received in advance on 31st March 2020 rupees 5000. show how the subscription will appear in the income and expenditure account for the year ended 31st March 2020

Posted by Saloni Jain 3 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

What will be depritiation

Posted by Mayank Dangi 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Gaurav Seth 3 years, 10 months ago

Depreciation is an accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy. Depreciation represents how much of an asset's value has been used up. Depreciating assets helps companies earn revenue from an asset while expensing a portion of its cost each year the asset is in use. If not taken into account, it can greatly affect profits.

0Thank You

ANSWER

intrest charged on capital @ 7 % p.a when Total price was 7,00,000

Posted by Alankrata Bhadoria 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Khushi Jain 3 years, 10 months ago

14000

1Thank You

ANSWER

treatment of interest on capital when profit is inadequate

Posted by Baljinder Randhawa 3 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Muskan Jindal 3 years, 10 months ago

Then profits are divided in the ratio of their appropriations

0Thank You

ANSWER

Comparative statement and common size statement solutions

Posted by Teena Sharma 3 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Objectives of 1 chapter accounting for partnership fundamentals

Posted by Najalabi Nadaf 3 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Helping in project

Posted by Gunjan Prajapati 3 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

Shradha Rajput 3 years, 10 months ago

Give me accounts specific project

0Thank You

Aditi ?? 3 years, 10 months ago

Please provide me bst project on principles of management

0Thank You

Aditya Rathore 3 years, 10 months ago

Please provide me in accountancy class 12th project on segment analysis

0Thank You

ANSWER

I want project

Posted by Lakmi Kesharwani 3 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

Shradha Rajput 3 years, 9 months ago

Any

0Thank You

Shradha Rajput 3 years, 10 months ago

I also want accounts specific project

0Thank You

Aditi ?? 3 years, 10 months ago

On which topic

0Thank You

ANSWER

S Ltd. invited applications for issuing 1,00,000 equity shares of Rs. 10 each. The shares were issued at a premium of Rs. 5 per share. The amount was payable as follows: On Application and Allotment – Rs. 8 per share (including premium Rs. 3) On the First and Final call – Balance including premium Applications for 1,50,000 shares were received. Applications for 10,000 shares were rejected and prorata allotment was made to the remaining applicants on the following basis: (I) Applicants for 80,000 shares were allotted 60,000 shares, and (II) Applicants for 60,000 shares were allotted 40,000 shares. Excess amount received on application and allotment was to be adjusted against sums due on call. X, who belonged to the first category and was allotted 300 shares, failed to pay the first and final call money. Y, who belonged to the second category and was allotted 200 shares, also failed to pay the first and final call money. Their shares were forfeited. The forfeited shares were reissued @ Rs. 12 per share as fully paid-up. Pass necessary cash book and journal entries for the above transactions in the books of the company

Posted by Anant Gupta 3 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

X company ltd. issued a prospectus inviting application for 8000

Posted by Shrishti Bhanu 3 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Ram and Sudha were partners in a firm sharing profit equally their fixed capital was to be like and 10000 respectively the partnership deed provide for interest on capital at 10% per annum for the year ended 31st March 2019 the profits of the firm with distributed without providing interest on capital the journal entry to rectify the error would be

Posted by Krish Gupta 3 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

What is SEBI?

Posted by Mansi Yadav 3 years, 11 months ago

CBSE > Class 12 > Accountancy

2 answers

Yogita Ingle 3 years, 11 months ago

SEBI became an autonomous body on 12 April 1992 and was soon constituted as the regulator of capital markets under the Government of India. The headquarters of Security and Exchange Board of India is located in Mumbai, Maharashtra and has four regional offices in New Delhi, Kolkata, Chennai and Ahmedabad.

1Thank You

Kashsih Varshney 3 years, 11 months ago

Securities and exchange board of India

2Thank You

ANSWER