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Harsh and keshav are partners sharing profit and losses in the ratio 3:1

Posted by Ramyasasikumar Ramya 2 years ago

CBSE > Class 12 > Accountancy

0 answers

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definition of bonds? and whts the diff b/w bonds and debentures?

Posted by Nysa Gupta 2 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

P and q are partners sharing profit and losses in the ratio 3:2 Liabilities amount asset. Amount Creditors 12000. Furniture 18000 Bills payable 6000 Creditors are to be taken over (paid) by q And furniture is to be realised at 10% more than their book value . realisation gain/loss will be : A) realisation gain 1800 B) realisation loss 1800 C) realisation gain 7800 D) realisation loss 7800

Posted by Swastika Jain 2 years ago

CBSE > Class 12 > Accountancy

3 answers

Siva Kalai 2 years ago

According in very like subject

Preha Khanna 2 years ago

realisation loss 1800

Radical Gamers 2 years ago

Realisation gain 7800

ANSWER

Ganesh limited offer to the public 1 lakh equity shares of 10 years at a premium of 2 on application 3 allotment for including premium first call 3 second call to applications were received for 1600 shares the application were under the category of allotment was made was category 8 to applicants 4000 shares in full category with applicant 60000 shares 4000 shares to applicants 3000 shares category to application of 30000 except in the case of the application rejected application

Posted by Dixith Setiya 2 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

ABN Shiva partners in the firm having capitals 60000 60000 and 80000 respectively there current account balance with a 10000 B 5000 and 3000 debit according to the partnership Deedar partners for entitle to the interest on capital at the rate 5% per annum see being the working partner was also entitle to salary of Rupees 6000 per annum the profit for to be divided as follows a the first to 20000 in proportion to their capitals be next 30000 in the ratio of 5:3:2 see the remaining profit to be shared equally the form made a profit of 156000 before charging any of the above items prepare the profit and loss app preparation account and pass necessary journal entry for the appropriatement of profit

Posted by Devanshi Malhotra 2 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

On 1 April 2022 Rinitha Ltd. took over assets of Rs.8,40,000 and liabilities of Rs.30,000 of 3 Swetha Ltd. for a purchase consideration of Rs.8,00,000. Rinitha Ltd. accepted a Bills of Exchange for Rs.3,80,000 and the balance was settled by issuing 10% Debentures of Rs.100 each at a premium of 5% and Redeemable after 6 years at a premium of 15%. Show the journal entries in the book of Rinitha Ltd.

Posted by Account Deleted 2 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

concept staionary ltd invited applicants

Posted by Nishant Khurana 2 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Aryan and are student has just completed his graduation he is not purchasing his studies further and is decline to start his own business Aryan is a fitness cream and possessive a good physics are you further Tejab up fitness trainer with Indian boxing team he is

Posted by Siya Rathore 2 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Aastha and gautami are partners in the firm sharing profit and losses in the ratio of 2:1 the capital account as on 1st April 20 21 stand at 70000 and 30000 representated the partners are allow interest on capital 10% the drawings of a partner during the year ending 31st March 2022 announce of 4800 and 3600 presentative I impress a stars on the drawing at the rate of 10% and them I shall have given a loan to the form as first November 2020 1st on 20000 the form of the profit of the form before it just means was 80000% of profit is keep it in reserve account prepare profit and loss appropriation account

Posted by Manpreet Kaur 2 years ago

CBSE > Class 12 > Accountancy

1 answers

Manpreet Kaur 2 years ago

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Cm juneja solutions chapter 4

Posted by Starmishti Starmishti 2 years ago

CBSE > Class 12 > Accountancy

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Palak Ltd. Invited applications for issuing 20,000 shares of Rs. 10 each at a premium of Rs. 5 (06) each payable as under On Application On Allotment On First Call On Second and final Call Rs. 6 (including Rs. 2 premium) including Rs. 2 premium) Rs. 4 ( Rs. 3 (including Rs. 1 premium) R 2 Applications were received for 30,000 shares. Allotment was made on prorate basis. Excess money received on application will be adjusted towards sum due on allotment. Ram to whom 1,000 shares were allotted failed to pay allotment and his shares were forefeited after allotment. Gopi who applied for 3.000 shares failed to pay both the calls and his shares were forfeited after second call. Company re-issued 2.500 forfeited shares Rs. 8 each fully paid up. All the shares of Gopi were included in it. Pass necessary journal entries in the books of the company.

Posted by Pranav Gamer 2 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Radha Mohan limited invited applications for issuing 4 like a producer of 50 each amount for stable as follows on application 15 allotment 25% final call 10% applications for 6 like were received and pre-orit allotment was made to all the applicants on the following basis applicants for 4 lakhs for allotted 3 lakh shares applicants for 2 lakh shares for lotted 1 lakh shares

Posted by Yukta Sharma 2 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

ram shyam are partners sharing profits in the ratio 3:1. their balance sheet were as following mohan is admitted into partnership giving her 1/5th share

Posted by Maanvika Gagan 2 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

a and b partner in the firm sharing profit 5:3 .a surrender 1/5 of his share and b surrender 1/3 of his share in the favour of c calculate new ratio

Posted by Vartika Singh 2 years ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Y Ltd. forfeited 1,500 shares of ₹ 10 each (7 called-up) for non-payment of the allotment money of 4 per share including as premium. Of these 1,000 shares were re-issued to M at 6 per share as ₹7 called-up. Journalise the above transactions in the books of Y Ltd. given below

Posted by Jyoti Agrawal 2 years ago

CBSE > Class 12 > Accountancy

1 answers

Pawnesh Singh 2 years ago

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ANSWER

RSL/1 question paper

Posted by Jaideep Gwala 2 years ago

CBSE > Class 12 > Accountancy

0 answers

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the trial balance of shri Manoj kumar and sons in respect of the

Posted by Tiya Kushwaha 2 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

23 Priyanshu Ltd invited applications for issuing 80,000 equity shares of 100 each at a premium of 10. The amount was payable as follows: On Application-30, On allotment-30 (including a premium of 10); On first call-balance Applications of 2,30,000 shares were received. Allotment was made on pro rata basis to applicants of 1,80,000 shares and remaining were sent letters of regret. Excess money on application was to be utilised towards allotment and subsequent calls. David, who was allotted 1,600 shares, paid nothing after application. These shares were forfeited after the first call. 1,000 of these shares were re-issued to Sundar for ₹95 per share as fully paid. Pass necessary journal entries in books of Priyanshu Ltd

Posted by Anshi Patel 2 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

rao and Reddy were partners in a firm sharing profit in the ratio 3:1 .they admitted kutty new partner for 3/8 share in the profits .the new profit sharing ratio will be 3:2:3

Posted by Sunhera Priyadarsini 2 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Vanee Thakur 2 years, 1 month ago

New profit sharing ratio will be 3:2:3

ANSWER

From the following balance sheet of mishima LTD. As

Posted by Himani Agrawal 2 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Suresh and Mahesh are partners sharing profits and losses in the ratio 3:1. On January 1st,2015,they admitted Naresh as a new partner for 1/4th share in the share in the profits of the firm. Naresh brings ₹20,000 for his 1/4th share in the profits of the firm. The capitals of Suresh and Mahesh after all adjustments in respect of goodwill,revaluation of assets and liabilities,etc have been worked out at ₹50,000 for Suresh and ₹12,000 for Mahesh . It is agreed that partner's capitals will be according to new profit sharing ratio. Calculate the new capitals of Suresh and Mahesh and pass the necessary journal entries assuming that Suresh and Mahesh brought in or withdrew the necessary cash as the case may be for making their capitals in proportion to their profit sharing ratio. Posted by Shreya Maloo 5 years, 10 months ago

Posted by Dhruv Kesarwani 2 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

What will happen if I attempt Part C (computerised accounting) in the CBSE XII Accountancy Examination instead of Part B (Analysis of Financial Statements)?

Posted by Kalyani Shrivastava 2 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Chetan Nagpal 2 years, 1 month ago

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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.

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ANSWER

92. Bhamashah Company Limited made an issue of 1,00,000 equity shares of ₹ 10 each at a premium of 20% payable as follows: On Application : 2,50 per share On Allotment : 4,50 per share On First and Final Call : Balance Applications were received for 2,00,000 equity shares and the directors made pro-rata allotment. Ranu, who had applied for 800 shares did not pay the allotment and final call money, with the result that his shares were forfeited. Later on 80% of the forfeited shares were reissued at 8 per share fully paid up. da Latinor en het ont Pass the necessary Journal Entries for the above mentioned transactions in the books of the company. {CBSE, Delhi Comptt. 2011}

Posted by Vicky Sah 2 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Ram and Shyam were partners in a firm sharing profits in the ratio of 3: 5. Their Fixed Capitals were: Ram 5,00,000 and Shyam 9,00,000. After the accounts of the year had been closed, it was found that interest on capital at 10% per annum as provided in the partnership agreement has not been credited to the Capital Accounts of the partners. Pass a necessary entry to rectify the error.

Posted by Yash Trivedi 2 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Manju Koram Manju Koram 2 years, 1 month ago

Tha 0perating net profit ratio of a company is 25% calculate it's 0perating ratio

ANSWER

21 Neon Ltd Issued 20,000, 8% Debentures of 200 each at 5% discount redeemable after 5 years at 10% premium. Public applied for all these debentures. Amount was payable as to Rs.100 on application and balance on allotment. The company had a balance of Rs.3,00,000 in securities Premium, and Rs.2,00,000 in Capital Reserve. Pass entries. 4

Posted by Abhay Agarwal 2 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

A Vaishnavi 2 years, 1 month ago

Bro in debentures capital reserve does not come it is in share capital

ANSWER

opening inventory is ₹6000, closing inventory is 1.5 times of opening inventory, Inventory turnover ratio is 6 times. Selling price is 33⅓ % above cost . Calculate the gross profit ratio.

Posted by Bhoomi Bafna 2 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

will the marks be deducted if narration in journal entries are not written?

Posted by Abhinav Mishra 2 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Tushika Garg 2 years, 1 month ago

Yes

ANSWER

Dk goel partnership accountancy chapter 1 pratical question 1

Posted by Anjali Jain 2 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Class 12 project on topic tata consultancy

Posted by Lokesh Yadav 2 years, 1 month ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Y took over part of stock at 4000

Posted by Vishhalini Venthan 2 years, 1 month ago

CBSE > Class 12 > Accountancy

1 answers

Tushika Garg 2 years, 1 month ago

Realisation a\c dr To y'scapital

ANSWER

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