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Q. X and Y are partners sharing in 3:2. Z is admitted for 25% share. Y will retain with his original share. New ratio will be......????

Posted by Archi Khandelwal 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Kushal Bindal 5 years, 10 months ago

7:8:5

ANSWER

Q. Annual insurance Rs. 12,000 is always paid on 1st July and books of club are closed on 31st March. What amount of insurance will be debited to income & expenditure a/c?

Posted by Archi Khandelwal 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Archi Khandelwal 5 years, 10 months ago

Thanks?

Aman Talreja 5 years, 10 months ago

The answer is 9000 As 12000×9/12 =9000 12000-9000=3000 is prepaid As insurance is paid in july till march i.e 9 months

ANSWER

2 limited purchased machine from neeraj traders at 360000 the payment if to be made by issued of fully paid equity share of 100 $ each was journal entries will.

Posted by Neha Kori 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Ravi Joshi 5 years, 10 months ago

Neeraj traders A/c dr. 360000 to sh. Cap A/c 360000

ANSWER

When the new partner is admitted his share of Goodwill is disturbute in which ratio

Posted by Kamal Gangwani 5 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

Archi Khandelwal 5 years, 10 months ago

His Goodwill in sacrificing ratio but if business goodwill in balance sheet it will be in old ratio of old partners

Bhavya Jain 5 years, 10 months ago

sacrificing ratio

Prerna Shukul 5 years, 10 months ago

Sacrificing ratio

ANSWER

Journal entry for revaluation expenses rs 10000 paid by firm by giving unrecorded asset of rs 15000

Posted by Neha _ 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Singh Rajput 5 years, 10 months ago

No entry will be passed.

ANSWER

Income and expenditure account me non cash items aate hai kya

Posted by Abhijeet Jadon 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Archi Khandelwal 5 years, 10 months ago

Yes but only of current year

Your Father 5 years, 10 months ago

haan

ANSWER

What is the treatment of premium on preference shares in cash flow statement?

Posted by Onkar Palwinder 5 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

Archi Khandelwal 5 years, 10 months ago

Financing me add hoga

Yash Patil 5 years, 10 months ago

Operating main subtract hoga Aur Financing me add hoga

Ravi Joshi 5 years, 10 months ago

Financing activity me add hoga

ANSWER

Illustration 7dk goel chapter 9class 12

Posted by Drishya Chauhan 5 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Format of past adjustment

Posted by Fardeen Bhati 5 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

Prepare common size balance sheet Particular 2018. 2019 Shareholders Fund. 600000. 900000 Non current Liability. 300000. 300000 Current Liability. 100000. 300000 Non current Asset. 700000. 1050000 Current Asset. 300000. 450000

Posted by Femida Hussain 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Chintoo Sharma 5 years, 10 months ago

It is simple just like formet please see again

ANSWER

I have one doubt

Posted by Femida Hussain 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Prerna Shukul 5 years, 10 months ago

What non sense

Chintoo Sharma 5 years, 10 months ago

What

ANSWER

Why Accountancy is so hard ??

Posted by Neehar J Sabhapandit 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Prerna Shukul 5 years, 10 months ago

Accountancy is a very good subject. If you will understand all the concepts so you will be able to solve each and every question

Chintoo Sharma 5 years, 10 months ago

It is not hard please read this

ANSWER

Paper kaisa ayega

Posted by Sandeep Sharma 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Prerna Shukul 5 years, 10 months ago

See the sample paper of 2020

Chintoo Sharma 5 years, 10 months ago

20mcqs or same as previous topic

ANSWER

Where will be calls in advance and calls in arrears shown in balancesheet ?

Posted by Kirti Diseja 5 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

Singh Rajput 5 years, 10 months ago

Call in advance - Current liability, other current liability and Call in arrear - deducted from called up capital

Chintoo Sharma 5 years, 10 months ago

Call in advanc at liability side or errer at assets side

Sandeep Sharma 5 years, 10 months ago

Calls in advance at liability side Calls in arrear at asset side

ANSWER

What is highly liquid investment

Posted by Saurabh Singh 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Chintoo Sharma 5 years, 10 months ago

Cash at hand

Sandeep Sharma 5 years, 10 months ago

Cash at hand

ANSWER

is admission fees a revenue receipt??

Posted by Tamann Sajwan 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Chintoo Sharma 5 years, 10 months ago

Yes

Amrainder Singh 5 years, 10 months ago

Yes

ANSWER

Where interst on investment was shown in cash flow statement?

Posted by Srishti Verma 5 years, 10 months ago

CBSE > Class 12 > Accountancy

4 answers

Pooja Laharwani 5 years, 10 months ago

Operating activity se deduct and investing activity main add

Chintoo Sharma 5 years, 10 months ago

Financing

Kirti Diseja 5 years, 10 months ago

It will be added in inevsting activities

Komal Poddar? 5 years, 10 months ago

in case of non financial company------- under investing activity in case of financial company -------- under operating activity

ANSWER

Where unpaid dividend shown in cash flow statement

Posted by Kumar Jai 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Aman Talreja 5 years, 10 months ago

Current year add in op activity and previous year less in financial

Ravi Joshi 5 years, 10 months ago

Neihter

ANSWER

ABC are partners sharing profits in the ratio 8:7:5 .D is admitted as a new partner for 1/4th share.B sacrifices 1/10 from his share and the remaining sacrifice was made by A and C in the ratio of 2:1 . Calculate sacrifice ratio and the new psr

Posted by Priya Sharma 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Khushi Pathak 5 years, 10 months ago

SR=1:2:1 NR=6:5:4:5

ANSWER

what is partner capital?

Posted by Sharwan Malik 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

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

The capital contributed by the each partner in the firm is called partner's capital.

ANSWER

How dose calls in arrear show in the balance sheet

Posted by Vicky Maan 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Karan Yadav 5 years, 10 months ago

It is deducted from share capital in notes to account

ANSWER

How dose call in arrear show in the balance sheet

Posted by Vicky Maan 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Singh Rajput 5 years, 10 months ago

deducted from called up capital

Sandeep Sharma 5 years, 10 months ago

At asset side

ANSWER

And b

Posted by Raj Sisodia 5 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

A b and c were partners ina firm sharing profits in the ratioof ३:२:१ they admitted d as a new partner for profit of १/८ share which he acquired १/१६ from b and १/१६ from c calculate new profit sharing ratio of a, b,c,d

Posted by Purushottam Pandey 5 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

ABCD are partners sharing profit in the ratio of 4 :3 : 2 :1 . They admit E as a new partner for 1/10th share it is agreed that Cand D will retain their original share. what will be the new profit sharing ratio

Posted by Riya Riya 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Dhruti Mistri 5 years, 10 months ago

36:27:18:9:10

ANSWER

can we attempt computerised accounting?

Posted by Jayant Marwah 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Gurdit Boparai 5 years, 10 months ago

Yes u can

ANSWER

How will we prepared income and expenditure account

Posted by Ritik Achwan 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Dhruti Mistri 5 years, 10 months ago

By debiting revenue expenses and crediting revenue incomes

ANSWER

How to paas journal while doing the que : paid entire share money with allotment

Posted by Sona Lobo 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Aniket Gupta 5 years, 10 months ago

Bank A/c Dr To calls in advance A/c (Ye entry allotment ke time pr aaegi combined form me)

Somesh Pandey 5 years, 10 months ago

Persons call money is adjusted in allotment

ANSWER

Weather reserve fund will come in realisation account

Posted by Sheetal Jain 5 years, 10 months ago

CBSE > Class 12 > Accountancy

4 answers

Dhruti Mistri 5 years, 10 months ago

It will be tranfered to partners' capital a/c

Prerna Shukul 5 years, 10 months ago

No

Archiy Singhal 5 years, 10 months ago

No

Jagriti Dwivedi 5 years, 10 months ago

No

ANSWER

What is the difference between executors accout and executors loan account???

Posted by Nancy Shyamnani 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Pooja Laharwani 5 years, 10 months ago

Executors acc bal has been brought dowm from Died partners cap accc whereas executors loan acc balance ic bd from executors acc and executors loan acc represent the amt due to him other than paid to him in cash whereas executor acc shows total balance that is due including cash

ANSWER

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