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Accounts mai kitna syllabus ho gaya hai class12 ka

Posted by Vinod Kumar 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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Human Development Index

Posted by Azad Yadav 5 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Akash Rajput 5 years, 2 months ago

Thanks

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Meghna Thapar 5 years, 2 months ago

The Human Development Index is a statistic composite index of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development. The Human Development Index (HDI) is a scale that uses statistics for life expectancy, education, and per capita income to rank countries into four tiers; “very high, high, medium, low”. The HDI was created to emphasize that people and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth alone. ... The HDI uses the logarithm of income, to reflect the diminishing importance of income with increasing GNI.

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A and B are partners in a firm with profit share ratio 2:1 and they balance sheet as on 31 march 2015 was as follows.

Posted by Sujan Raksam 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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X,y,z are partner

Posted by Dheeraj Thakur 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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X Ltd. took over assets of Rs. 30,00,000 and liabilities of Rs. 5,00,000 of Y Ltd. X Ltd. paid the purchase consideration by issuing 75,000 6% Debentures of Rs. 10 each at a premium of Rs. 20 each and Rs. 1,50,000 by accepting a Bills of exchange in favour of Y Ltd. Calculate purchase consideration and pass necessary Journal entries in the books of X Ltd.

Posted by Punit Sharma 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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Karoo kam

Posted by Anmol Gupta 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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Alok Ltd. forfeited 300 shares of 10 each fully called up for the non- payment of allotment money of 3 per share and first & final call money of 4 per share. Out of these shares, 250 shares were reissued to Shyam for a total payment of 2,000. Give journal entries for forfeiture and reissue.

Posted by Nirmala Dubey 4 years, 8 months ago

CBSE > Class 12 > Accountancy

1 answers

Sia ? 4 years, 8 months ago

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New Partner can bring capital in cash or kind? True or false

Posted by Mahendra Karpat 5 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Nishu Dahiya 5 years, 1 month ago

False New partner can bring capital in either in cash or kind or both

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Kavya Baranwal 5 years, 2 months ago

False

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A and B who shared profits in the proportion of 5:3 had capitals of Rs 70 000 and Rs 40 000 respectively.They agree to admit C into partnership for 1/10 th share in future profits.C brings Rs 30 000 as capital and is unable to bring Rs 1 600 as his share of goodwill in cash.Give journal entries.

Posted by Arpit Raghuwanshi 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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saregama ltd invited application

Posted by Lad Singh 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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club has 500 members each paying annual subscription received in advanced for the current year Rs. 10,000. Subscription received during the year Rs. 30,000. Calculate the amount of outstanding subscription

Posted by Aniket Singh 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Shashi Ramachandran 5 years, 2 months ago

Annual Subscription is missing in the question.

500 x Annual subscription - 10,000 (received in last year as advance)- ₹30,000(received during the year) = Outstanding Subscription

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Jjk

Posted by Kanika Singh 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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Outstanding expenses are brought down to ye revolution me Kaha jayenge

Posted by Sonu Kashyap 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Shashi Ramachandran 5 years, 2 months ago

Outstanding expenses -------Liability decrease ------------profit ------------ Cr. side of Revaluation A/c

Note: Revaluation is nominal account. Nominal Account rule says 'Debit all losses and expenses and Credit all gain & income'

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The bad debts written off 40000. Balance sheet me 80000 debtor hai. To revolution me kya hoga

Posted by Sonu Kashyap 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Shashi Ramachandran 5 years, 2 months ago

Bad debt written off -------Asset (Debtor) decrease ------------Loss ------------ Dr. side of Revaluation A/c

Note: Revaluation is nominal account. Nominal Account rule says 'Debit all losses and expenses and Credit all gain & income'

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What do you mean by lock in period under ESOP?

Posted by Abhay Srivastava 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Yogita Ingle 5 years, 2 months ago

Start-up Esops typically have a 3-4 years' vesting period with lock-in period of 12-18 months (you cannot sell shares for this much time after allotment). Apart from this, if you take up the Esop offer, ensure that all documentation is in place and the value of shares is computed in the right manner.

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Formula of normal rate return

Posted by Sonu Kashyap 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Nidhi Maroria 5 years, 2 months ago

Normal profit =capital employed ×normal rate of return /100

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A manager get 5% commission on net profit after charging such commission .gross profit rs.580000 and expenses of indirect nature other than manager commission are 160000 commission will be ?

Posted by Sonu Kashyap 5 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Rohit Yadav 5 years, 2 months ago

420000 * 5/105 = 20000

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Vishal Kumar 5 years, 2 months ago

Nahi pta bhai mujhe hi??

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In absence of partnership . interest on loan of partner is allowed

Posted by Sonu Kashyap 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Yogita Ingle 5 years, 2 months ago

As per Partnership Act, in the absence of partnership agreement, interest on partners loan is allowed at 6% p.a. A and B having contributed larger amounts of capital, desire that the profits should be divided in the ratio of their capital contribution but C does not agree.

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What is shares of promoters

Posted by Kishan Agarwal 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Shashi Ramachandran 5 years, 2 months ago

promoters starts the business. The shares held by them can be recorded as

Promotion Expenses A/c

To Share Capital A/c

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Advance paid ko kiya kar te h

Posted by Kanha Agrawal 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Mashra Ansari 5 years, 2 months ago

Minus

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scanner page no. S. 65 Q4 solution

Posted by Deepanshi Malhotra 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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X, Y and Z are partners sharing profits and losses in the ratio of 4/9:1/3:2/9 respectively. Y retires and X and Z decide to share future profits and losses in the ratio of 5:3. The goodwill of the firm is valued at Rs 21,600. Goodwill already appears in the books of the firm at Rs. 64,800. The profit for the first year after Ies retirement was Rs. 24,000. Give the necessary journal entries to adjust goodwill and to distribute profits.

Posted by Sanskar Sachdev 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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From the following receipt and payment account and the additional information of Jan Kalyan club prepare income and expenditure account

Posted by Nandni Dangi 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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If the partner carries on the business that is similar to firm competition with the firm and profits are earned from it, what shall be done with the profits?.

Posted by Chhavi Pahwa 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Kiran Kaur 5 years, 2 months ago

Profits will be divided equally among the partners.

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. 7. A, B and C were in partnership sharing profits in the ratio of 2:1:1. Their Balance Sheet showed the following position on the date of dissolution : 50,000 60,000 Liabilities Creditors Bills Payable A's Loan Mrs. A's Loan Workmen Compensation Reserve Capitals : 30,000 2,000 Assets 40.000 Fixed Assets 10,000 Stock 20,000 Debtors 16,000 Less : Provision 20,000 Furniture 40,000 Goodwill 20,000 Cash at Bank 20,000 1,86,000 28.000 20.000 18,000 10,000 1,86,000 I. A agreed to take over furniture at 20% less than the book value. II. Fixed assets realised 32,000 and stock 55,000. III. Bad Debts amounted to 5,000. IV. Expenses of realisation were 3,000. Creditors were paid at a discount of 5%. V. There was a claim of 6,400 for damages against the firm. It had to be paid. Prepare necessary accounts.

Posted by Paras Sharma 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Varsha Tomar 2 years, 5 months ago

i want answer of this question

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A transaction involving a decrease in both current ratio and quick ratio is

Posted by Priyanshu Sahu 5 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Khushi Dwivedi 5 years, 2 months ago

Purchase of Stock-in-Trade on credit

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Priyanshu Sahu 5 years, 2 months ago

Sale of stock-in-trade At loss

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What is reserve capital

Posted by Himanshu Chaudhary 5 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Khushi Dwivedi 5 years, 2 months ago

A capital reserve is an account in the equity section of the balance sheet that can be used for contingencies or to offset capital losses. It is derived from the accumulated capital surplus of a company, created out of capital profit

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Himanshu Chaudhary 5 years, 2 months ago

Reserve Capital is defined as a part of subscribed uncalled capital, which will not be called up until and unless the company goes into liquidation. In other words, it is the portion of share capital that is reserved by the company and which will be utilized only on the happening of the said event.

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One help in performing job Better,whereas other concept

Posted by Mohit Khati 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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How to adjust insurance claim in cash flow statement

Posted by Gaurav Singh Gaur 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Khushi Dwivedi 5 years, 2 months ago

Insurance claim received against loss of stock or profits is extraordinary operating cash inflow. Insurance claim received against loss of fixed assets is extraordinary investing cash inflow. Cash flow for tax payments / refund should be classified as cash flow from operating activities.

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Kanika, disha,kabir were partners in the ratio 2:1:1

Posted by Sourav Sharma 5 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Harsh Singh 5 years, 2 months ago

Fixed asset a/c. Dr.. 60000 Stock a/c. Dr.. 20000 To revaluation a/c Cr.. 80000 Revaluation a/c. Dr.. 80000 To kanika's capital a/c Cr.. 40000 To disha's capital a/c Cr.. 20000 To kabir's capital a/c Cr.. 20000

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Mahabeer Singh Aswal 5 years, 2 months ago

Please write full questions

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