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

https://www.slideshare.net/dankjohn/solved-cbse-class-12-accountancy-full-projectcomprehensive-project-ratio-analysis-and-cash-flow-statements-with-conclusion

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NPO definition?

Posted by Kalash Maan 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Yogita Ingle 5 years, 2 months ago

NPO or Not for Profit Organisation, also renowned as a non-business organisation or nonprofit establishment is staunched to a certain social principle or prescribing for a shared point of view. According to economic terms, it is an establishment that utilises its surfeit of the revenues to additionally attain its ultimate aim, rather than allocating its income to the entity’s leaders, shareholders or members.

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Guyss accountancy ka best channel bta doo plzz

Posted by Kalash Maan 5 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Megha Rani 5 years, 2 months ago

Sunil panda commerce classes and account adda dono hi bhut ache hai

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Omkar Kulkarni 5 years, 2 months ago

Accounts adda - Gaurav Jain sir

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Difference between preference and equity share

Posted by Himanshu Yadav 5 years, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Yogita Ingle 5 years, 2 months ago

1 Meaning These are the ordinary shares which can claim dividend and return of capital only after payment to others.These are the shares which enjoy preference over equity shares in case of dividend and return of capital.

2 Rate of dividend. Equity shares are paid dividend at fluctuating rate Preference share are paid dividend at a fixed rate.

3 Voting Rights Equity share holders enjoy normal voting rights, through which they participate in the management of the company Preference shareholders enjoy restricted voting rights. They can vote only on those matters which affect their interest directly

4 Face value Equity shares are of low face value i.e. Rs. 10/- or even less Comparatively preference shares are of high face value i.e. Rs 100/-

5 Market value Market value of equity shares changes as per company's financial positions and profitability. Market value of preference shares remains consent

6 Risk An element of risk exits in equity share capital as dividend and return of capital is uncertain. Investment in preference shares is relatively safe due to preferential treatment in case of dividend and return of capital

7 Right Issue/Bonus shares Equity shareholders are eligible for bonus shares, if issued by the company.Preference shareholders are not eligible for bonus shares/right issue, if issued by the company.

8 Redemption Equity shares are not redeemed during the life time of the company.Redeemable preference shares are redeemed as per the agreed terms.

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Kalash Maan 5 years, 2 months ago

Equity share are the main source of finance for the company, and they hold ownership in the company, whereas preference shareholders are the lender of capital to the company and do not hold voting right in the company. Investing in preference share is safer than Equity share

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Explain employee stock plan

Posted by Ridam Khandelwal 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Yogita Ingle 5 years, 2 months ago

Employee Stock Option Plan or ESOP is wherein company issues shares to its employees at a price that is lower than the market price. Employee gets an option to execute the offer with an objective of motivating employees to perform better and promote a sense of ownership.

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a b and c profit in the ratio of 6:4:5 there captials were A-10000 B-80000 & C -60000 on 1 april 2018 b retired from rhe firm and the new profit sharing ratio b/w A and C was decided as 11:4 on b retirement the goodwill of the firm was valued at 180000 showing your calculations clearly passed necessary gerenal entry for the treatment of goodwill on b 's retirement

Posted by Diya Chauhan 5 years, 2 months ago

CBSE > Class 12 > Accountancy

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Co-ordination is a one-time function. (True/False)

Posted by Rajat Rawat 5 years, 2 months ago

CBSE > Class 12 > Accountancy

1 answers

Ridam Khandelwal 5 years, 2 months ago

False

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ABC work partners in a firm their capital were A ₹1,00,000, B ₹2,00,000 and C₹ 3,00,000 respectively on 1st April 2017 according to the partnership deed they were entitled to an interest on capital 5% p.a. In addition A was also entitled to draw salary of ₹5,000 per month.C was entitled to a commission of 5% on the profit after charging the interest on capital but before charging the salary payable to A. The net profit for the year ending 31st March, 2018 were ₹3,60,000 distributed in the ratio of their capital without providing for any of the above adjustment.The profit were to be shared in the ratio 2 :3 :5. Pass the necessary adjustment entries showing the working clearly

Posted by Abhishek Chandel 5 years, 2 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

6%of Rs9000

Posted by Harshit Pandey Pandey 5 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Sanskriti Sakshi 5 years, 3 months ago

▶️(6÷100) × 9000 ▶️0.06 × 9000 ▶️540 ... ... ?Ans..

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A, B and C are partners sharing profits in the ratio of 2 : 2 : 1 .Their fixed capitals were ₹ 4,00,000, ₹ 2,50,000 and ₹ 1,00,000 respectively . Net profit for the year ending 31st March, 2017 amounted to ₹ 2,20,000 which was distributed without providing for the following : (i) Salary to B ₹ 5,000 p.m. and to C ₹ 10,000 per quarter. (ii) Interest on capital @6% p.a. (iii) Commission to Manager @10% after charging such commission.

Posted by Karan Kumar 5 years, 3 months ago

CBSE > Class 12 > Accountancy

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ANSWER

A, B and C are partners sharing profits in the ratio of 2 : 2 : 1 .Their fixed capitals were ₹4,00,000, ₹2,50,000 and ₹1,00,000 respectively . Net profit for the year ending 31st March, 2017 amounted to ₹2,20,000 which was distributed without providing for the following : (i) Salary to B ₹5,000 p.m. and to C ₹10,000 per quarter. (ii) Interest on capital @6% p.a. (iii) Commission to Manager @10% after charging such commission.

Posted by Karan Kumar 5 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

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In topic adjustments for incorrect appropriations IOD will come in Dr orCr

Posted by Sangam Joshi 5 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Riya Choudhary 5 years, 3 months ago

If IOD is to distribute ....then Dr the partners capital

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Profit and loss partner is dividedin the absence of partnership deed

Posted by Goldy Thakur 5 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Amarjeet Sharma 5 years, 3 months ago

Equally

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additional information given, prepare the Income and Expenditure Account for the Year ending 31-12-2018 and Balance sheet as on that date: RECEIPTS AND PAYMENTS ACCOUNT for the year ending 31-12-2018 answer for To bal. b/d Rs. Rs. -Cash 3520 By Maintenance 6820 -Bank 27380 By Crockery Purchased 2650 -Fixed Deposit @ 6% 30000 By Match Expenses 13240 To Subscription (including Rs. 6000 for 2017) 40000 By Salaries 11000 TO Entrance fees 2750 By Conveyance 820 To Donation 5010 By Upkeep of Lawns 4240 To Interest on Fixed Deposits 900 By postage stamps 1050 To Tournament Fund 20000 By Purchase Of cricket goods 9720 To Sale of Crockery(book value Rs. 1200) 2000 By Sundry expenses 2000 By Investments 5700 By Tournament Expenses 18800 By balance c/d: -Cash 2200 -Bank 23320 Fixed Deposits 30000 131560 131560 Additional Information: i. Salary outstanding is Rs. 1000. ii. Opening Balance of Stock of Postage and Sationery and Cricket gods is Rs. 750 and Rs. 3210 respectively. Closing stock of the same is Rs. 900 and Rs. 2800 respectively. iii. Outstanding subscription for 2017 and 2018 is Rs. 6600 and Rs. 8000 respectively

Posted by Hriday Mehta 5 years, 3 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Provident fund undistributed profit hota h kya..??

Posted by Jaibir Singh 5 years, 3 months ago

CBSE > Class 12 > Accountancy

4 answers

Shivam Kumar Chahar 5 years, 2 months ago

Nhiii

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Jaibir Singh 5 years, 2 months ago

❓Why

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Riya Choudhary 5 years, 3 months ago

Nope...

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Nashra Sabri 5 years, 3 months ago

Nhiii

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rising star Limited invited applications for 21000 shares of rupees 10 each at a premium of rupees2 per share payable as rupees 5 on application including premium rupees to rupees 4 were alloted to all the applicants.all the amount was duly received escape on 500 shares on allotment and call these shares were FORFEITED in due courses. 40% of forfeited shares were reisued at 10% premium as fully paid up. give journal entries in the books of rising star Limited

Posted by Diya Chauhan 5 years, 3 months ago

CBSE > Class 12 > Accountancy

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ANSWER

A B and C were partners in A firm sharing profits in ratio 5: 4: 3 after division of profits for the year ended 13 March 2001 their capital 5 lakh 4 lakh 3 lakh respectively during the year they withdrew 30,000 each. The profits for the year was 1,20,000.the the partnership ded provided that interest on capital will be allowed @10% p. a but while preparing the final accounts interest on capital was not allowed . You are required to calculate the capital of A B and C as on 1-4-2000 and pass adjustment entry for providing interest on capital show working clearly.

Posted by Sakshi Bisht 5 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Rounak Rocks 5 years, 3 months ago

https://mega.nz/folder/r9V20KIa#LD9eIAdj8aEW_fcP5PBY5w

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ANSWER

Account ko kaise pad smj me aa jae

Posted by Dark Evil ? 5 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Gaurav Seth 5 years, 3 months ago

Always begin by studying the theory of concepts in order to have a clear understanding Practice sufficient accounting problems right from the day it has been taught at class Be conscious and aware of the amounts to be dealt with in the question While solving sample and past years papers, ensure to spend 15 minutes in scanning the paper. Always attempt to solve as many sample papers as possible Be thorough with the basic accounting rules of the debit and credit Prepare flashcards containing the meanings of various terms While analyzing past year’s papers, be sure to note down frequently repeated questions For revision, solve the previous year’s papers like a test in itself If you come across any concept that you were not able to recollect and attempt while solving papers, do remember to get back to the topic and study it again Always prepare a study plan for each topic and stick to it

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What is treatment of :-provision for doubtful debts was to be in excess by 1600?

Posted by Shffi Mongia 5 years, 3 months ago

CBSE > Class 12 > Accountancy

2 answers

Riya Choudhary 5 years, 3 months ago

In cr...of revaluation account

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Meghna Thapar 5 years, 3 months ago

The provision for doubtful debts is an accounts receivable contra account, so it should always have a credit balance, and is listed in the balance sheet directly below the accounts receivable line item. The two line items can be combined for reporting purposes to arrive at a net receivables figure. The provision for doubtful debts, which is also referred to as the provision for bad debts or the provision for losses on accounts receivable, is an estimation of the amount of doubtful debt that will need to be written off during a given period.

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A and B are partners in a firm with capital of 40000 and 20000 respectively. They admit C for 1/5th share, who brings 20000. Calculate the goodwill of the firm.

Posted by Prachi Maithil 5 years, 3 months ago

CBSE > Class 12 > Accountancy