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

Manika. Komal. Komal (12,00,000) ,(8,00,000) ,(2,00,000) (2,40,000) (1,60,000) +4,00,000 =14,40,000. =9,60,000. =2,00,000 Manika:- 4,00,000,6/10=2,40,000 Bhavi:- 4,00,000,4/10=1,60,000 -:P/L Appropriation A/C:- Particular| Amt.| Particular| Amt. To p/L. - 22,00,000.By loss-24,00,000 To profit to. Manika-14,40,000 Komal.- 2,00,000. Bhavi-9,60,000 ------------------ ----------------- 24,00,000. 24,00,000 ========= ========== ??

4Thank You

ANSWER

What will be the double effect of salary . The one effect is it is credited to balance sheet and other???

Posted by Aman Talreja 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Vivek Kumar Pandey 5 years, 10 months ago

Credited to the employee salary account and debited to the profit and loss account as it is cash expense of the company

0Thank You

Khushi Varshney 5 years, 10 months ago

what credited to b/s. it's debited to p&l a/c and credited to cash a/c

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ANSWER

A portion of sphare capital that is reserved by thecompany and will be utilzed onliy on the happening of winding of the company is called ___________

Posted by Arora'S King 5 years, 10 months ago

CBSE > Class 12 > Accountancy

5 answers

Anuraj Gill 5 years, 10 months ago

Reserve capital absolutely right

1Thank You

Vivek Kumar Pandey 5 years, 10 months ago

Reserve capital

0Thank You

Himanshi Kumari 5 years, 10 months ago

Reserve capital as it may called only at the time of winding up of company

2Thank You

Aleena Mariam John 5 years, 10 months ago

General reserve

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S A 5 years, 10 months ago

reserve capital.

2Thank You

ANSWER

Anyone please tell all possible journal entries related to debtors, baddebts, bad debts recovered, provision for bad debts .. during admission of a new partner ( revaluation account) class 12th

Posted by Akriti Singh 5 years, 10 months ago

CBSE > Class 12 > Accountancy

4 answers

Aleena Mariam John 5 years, 10 months ago

Asset decrease Dr side asset increase Cr side liability decrease Cr side liability increase Dr side

0Thank You

Ritika Mehra 5 years, 10 months ago

Its depend on the increase and decrease of assets and liabilities

0Thank You

Reyansh Sharma 5 years, 10 months ago

Entries*

0Thank You

Reyansh Sharma 5 years, 10 months ago

Goodwill wali entrues bnti hai usme to

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ANSWER

Q.13 of scanner on page no. 66 of 3rd volume class 12th

Posted by Laxman Singh 5 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

x,y,z are partners in a firm .y retires and his claim included his capital and his share of goodwill is ₹120,000. He is paid in cash and partly in kind .A vehicle valued at rs 60,000 unrecorded in the books of the firm and the balance in cash is given to him to settle his account give the journal entries

Posted by Raj Gupta 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Ritika Mehra 5 years, 10 months ago

Y's capital a/c Dr. 120000 To cash a/c. 120000

6Thank You

Reyansh Sharma 5 years, 10 months ago

120000 ko gainimg ratio me distribute krdo old partners me ....

1Thank You

ANSWER

What is the Nature of Premium for Goodwill?

Posted by Shradha Malpani 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Yogita Ingle 5 years, 10 months ago

Goodwill is an intangible asset that arises when one company purchases another for a premium value. The value of a company’s brand name, solid customer base, good customer relations, good employee relations ,and any patents or proprietary technology represent goodwill.
The nature of Premium for Goodwill A/c is Liability. It represents the liability of the firm towards the sacrificing partners.

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ANSWER

Paper will be hard or tough

Posted by Sandeep Sharma 5 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

Aleena Mariam John 5 years, 10 months ago

Depends on the question

0Thank You

Priyanshi ( ╹▽╹ ) 5 years, 10 months ago

Can't paper will be easy or tough. But if u prepare well then paper will going to easy for u otherwise it will be tough.

1Thank You

Lunatic .. 5 years, 10 months ago

From book related to sample paper

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ANSWER

When tds collected account is debited and when tds payable account is debited?

Posted by Singh Rajput 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Aapt Jain 5 years, 10 months ago

When we will received interest from any investment then at that time we will debit tds and when we have to give interest to third party then we tds will credited

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ANSWER

receipts & payment account is pprepared on ______basis while income and expenditure account is prepared on ____ basis of accounting

Posted by Anamika Jha 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Lunatic .. 5 years, 10 months ago

Receipt and payment= cash basis Income expenditure = accrual basis

2Thank You

ANSWER

Is partners are given salary when there is admission of new partner , but the new partner bring proportionate capital

Posted by Aman Talreja 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Yash Yadav 5 years, 10 months ago

Yes partner will entitled salary even after admission of a partner

2Thank You

ANSWER

arjun bhim and nakul are partners in a partnership firm they admit abhimanyu a minor what will be the liability of abhimanyu as a partner

Posted by Virendra Patel 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

tush****@***** 5 years, 10 months ago

Minor partners gets share in a profit not loss so, minor partner will not be liable for liability

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ANSWER

How to get full marks in partnership questions ?

Posted by Abhishek Singh 5 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

Yash Yadav 5 years, 10 months ago

To get a full marks in accoutancy the following steps must be taken - (i) Do a sample paper daily , with proper format within 3 hrs , without any break (ii) Clear your concepts , concepts are basis for taking full marks (iii) Clear your all doubt (iv) believe in your own

2Thank You

Lunatic .. 5 years, 10 months ago

By practicing still i didnt get so get confidence

1Thank You

Hemant Singhal 5 years, 10 months ago

1. Learn the concepts 2. Learn how to make revaluation ac 3. Prepare partners capital ac and try to remain all the adjustment in your mind and adjust them 4. Distibute all reserves 5. Adjust goodwill 6.learn capital adjustment because it is most expected 7. At last prepare balance sheet and dont forget the adjustments.

3Thank You

ANSWER

How to get full marks in partnership questions?

Posted by Abhishek Singh 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Priyanshi ( ╹▽╹ ) 5 years, 10 months ago

By practice and by solving more and more questions as u can.

1Thank You

ANSWER

Provision for doubtful debts will be made at 5% on debtors and provision for legal claims will be made 60000

Posted by Amanullah Khan 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Harshit Mishra 5 years, 10 months ago

Ok then where is the question

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ANSWER

His share of profit upto his date of death (30th September, 2019) on the basis of sales till date of death. Sales for the year ended March 31st 2019 was 200000 and profit for the same year was 10% on sales. Sales shows a growth trend of 20% and percentage of profit earning is reduced by 1%.

Posted by Ritika Mehra 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Aman Talreja 5 years, 10 months ago

Its the question of sample paper 2020

0Thank You

Hemant Singhal 5 years, 10 months ago

200000+40000(growth of 20%)×9/100×6/12×share of profit=10800×share of profit

3Thank You

ANSWER

Furniture was to be reduce to 90%? What is the treatment in revaluation acount

Posted by Ankit Kumar 5 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

tush****@***** 5 years, 10 months ago

Value (Furniture) ×100/90=amt dr. to reva. a/c

0Thank You

Hemant Singhal 5 years, 10 months ago

10% value of furniture is shown on the debit side of revaluation ac

2Thank You

Anuj Solanki 5 years, 10 months ago

The furniture will put in the debit side of revaluation a/c

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ANSWER

12th accounts board exam me paper ulta start krna chaiye kya????

Posted by Garima Sharma 5 years, 10 months ago

CBSE > Class 12 > Accountancy

7 answers

Abhishek Singh 5 years, 10 months ago

Yes first attempt analysis of financial statement because it gives 20 marks 45 minutes When starts on the section a from last question And try to attempt all the questions

2Thank You

Your Father 5 years, 10 months ago

start from analysis of financial statement ie book 3

0Thank You

Priyanshi ( ╹▽╹ ) 5 years, 10 months ago

Yes.

0Thank You

Ritika Mehra 5 years, 10 months ago

Yes

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Manoj Jaiswal 5 years, 10 months ago

Yes...

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Anuj Solanki 5 years, 10 months ago

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Ankit Kumar 5 years, 10 months ago

Yes

2Thank You

ANSWER

All important 5 of redemption of debenture

Posted by Pratham Soni 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Midhun Mukesh 5 years, 10 months ago

1. On Par - At Par 2. On Par - At Premium 3. On Premium - At Premium 4. On Premium - At Par 5. On Discount - At Premium 6. On Discount - At Par * like Par or like premium , Discount cannot be redeemed .

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Midhun Mukesh 5 years, 10 months ago

Issue - Redemption ___________________ At Par - At Par At premium - At Par At Discount - At Par At Premium - At Premium At Discount - At Premium

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ANSWER

Priyanka paid the realisation expense of 15000 out of her pocket and she was to get a remuneration of 18000 for completing the dissolution process....pass journal entry

Posted by Shivani Tripathi 5 years, 10 months ago

CBSE > Class 12 > Accountancy