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

According to the new pattern of cash flow statement proposed dividend will not be given in balance sheet , this will given under the heading of additional information as contingent liability. proposed dividend is treated as when you calculate net profit before tax the value of previous year of proposed dividend add in the value of profit and loss balance and second treatment is that its previous balance is less in the financing activities.

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Postage treatment in npo

Posted by Krishna Goel 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Aarya Ranpise 5 years, 10 months ago

Side**

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Aarya Ranpise 5 years, 10 months ago

Income and expenditire accounts on debit sode

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What will the effect of acrued income of chapter NPO???

Posted by Nancy Shyamnani 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Somesh Pandey 5 years, 10 months ago

Cr side -revaluation Asset side - +

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ead ke unsolved sample paper ke solution chahiye (2019-20 )

Posted by Vijay Prakash 5 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

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State any two reasons for the preparation of capital account at the time of admission of a partner?

Posted by Bhumi Bansal 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Ayushi Chouhan 5 years, 10 months ago

Because new partner in admitted in firm and old partners reserves and profit are distributed before admission of new partner.

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Lovely Dhawan 5 years, 10 months ago

So that the accumulated profit and losses n all reserves be credited to the capital accounts of old pertners in their old orofit sharing ratio

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X,Yand Z are partners sharing profits and losses in the ratio 4:2:3.z retires and he surrendered 1/9th of his share in favour of x and the remaining in favour of y . the new profit sharing ratio of x and y is:

Posted by Kush Pal 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Shruti Lohani 5 years, 10 months ago

May be it helps u dude?

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Shruti Lohani 5 years, 10 months ago

X's New Share=4/9+1/9=5/9 Y's New Share=2/9+2/9=4/9 Hence, Z's 1/9 share surrendered to X. Then, Remaining share of Z means 2/9 will be surrendered to Y. New Profit Sharing Ratio Of X and Y=5:4

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How revise the chapter share or debenture

Posted by Ankit Shareen 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Seema Devi 5 years, 10 months ago

practice a lot ....it will give you result like sweet fruit ....all the best for your exam

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Puneet Grover 5 years, 10 months ago

Firstly learn all the entries of shares or debentures like received,transfer, forfeiture, Reissue. And practice all the text book questions and also practices over subscription questions In debenture learn how much percentage transfer DRR and how much DRI

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On March 31, 2019 the rates were prepaid to June 2019; the charge paid every year being 24,000.where rates paid is 25,000 what is the accounting treatment in Non profit organisation.

Posted by Dd D 5 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

The Club paid three months rent in advance both in the beginning and at the end of the year. Where rent paid is 60,000.

Posted by Dd D 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Lovely Dhawan 5 years, 10 months ago

60,000 same will be shown in income n exp. Accounts n only the prepaid beg n end will be shown in b/s

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Nancy Shyamnani 5 years, 10 months ago

No effect will be there only in balance sheet asset side the amount will be shown

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The treatment of (interm dividend 5% is to paod on opening capital) in cash flow

Posted by Sharma Sharma 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Nikunj Goel 5 years, 10 months ago

Add in calculation of net profit before tax, int. and EOI Less in financing activity

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ANSWER

What is capital receipt

Posted by Shipra Mishra 5 years, 10 months ago

CBSE > Class 12 > Accountancy

3 answers

Puneet Grover 5 years, 10 months ago

Capita receipt are those receipt which includes 1.recovery of loan 2.borrowing 3.other receipt

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Shipra Mishra 5 years, 10 months ago

Thanks

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Moulika Sahu 5 years, 10 months ago

Capital receipts are those receipts which either creates a liability or reduces the assets

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on 1 april 2013 XY ltd. issued rs. 900000 ,10% debenture at a discount of 9% . The debenture were to be reedmed in 3 equal installment starting from March 31,2015 . prepare discont on issue of debenture account for the 1st three year standing from april 1, 2013 . Also show your working clearly.

Posted by Kiran Srivastava 5 years, 10 months ago

CBSE > Class 12 > Accountancy

0 answers

ANSWER

If the legacy is general how should it be treated in balance sheet or in income and expenditure acc...?????

Posted by Riya Vekaria 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Ayushi Chouhan 5 years, 10 months ago

Liability side of balance sheet.

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Kiran Srivastava 5 years, 10 months ago

legacy never be general. it is always considerd in liability side of balancesheet .

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Bliss products ltd. registered with capital of ₹ 90,00,000 divided into 90,000 equity shares of ₹ 100 each payable as ₹ 20 on application,₹30 on allotement,₹ 20 on first call and balance on second call. Applications were received ₹ 40,000 shares. Raman to whom 1600 shares were alloted failed to pay final call money and these shares were forfeited. Of the forfeited shares, 600 shares were reissued to Sukhman, credited as fully paid ₹ 90 per share. Present the share capital as per schedule 3rd of companies act, 2013.

Posted by Chandni Verma 5 years, 10 months ago

CBSE > Class 12 > Accountancy

1 answers

Riya Vekaria 5 years, 10 months ago

3997000 eq sh capital (4000000-3000) 36000 capital reserve (using formula)

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what are nominal, personal and real accounts?

Posted by Singh Rajput 5 years, 10 months ago

CBSE > Class 12 > Accountancy

2 answers

Kiran Srivastava 5 years, 10 months ago

sry losses and gains ??

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Kiran Srivastava 5 years, 10 months ago

A real a/c is a general ledger account relating to assests and liabilities other than peaople accounts . These are accounts that don't close at year end and are carried forward... A personal a/c is general leadger a/c connected to all persons like individual, firms, and assosiation... A nominal a/c is a general ledger account pertaining to all income,expenses, losses and account ..

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Salary outstanding in the begninig of the accounting year is 8000 and prepaid at the begining is 6000 . What is the cash paid towards salary during the year if amount of salary debited to income and expenditure A/c is 70000 .

Posted by Priyanka Verma 5 years, 10 months ago

CBSE > Class 12 > Accountancy