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 Monalichakraborty 22.12.2022 Accountancy Secondary School answered • expert verified Ajay and Vijay are in partnership sharing profits and losses in the ratio of 3:1. On 1st April, 2021, their capitals were ₹ 1,00,000 and ₹ 90,000. The terms of their partnership are as follows: (i) Interest on capital to be allowed at @ 6% per annum. (ii) Interest on drawings to be charged @ 4% per annum. (iii) Partners to get a salary of ₹1,000 each per month. (iv) Vijay to get a commission of 2% on the correct net profit. (v) Any partner taking a loan from the firm to be charged interest on it @ 8% per annum. Ajay had borrowed ₹ 10,000 from the firm on 1st October, 2021. Vijay had withdrawn ₹ 8,000 on 1st July, 2021. During the year ending 31st March, 2022, the firm earned a net profit of ₹ 60,000 before any of the provisions mentioned in the partnership deed. You are required to prepare for the year ending 31st March, 2022: (i) Profit and Loss Appropriation Account. (ii) Ajay’s Capital Account.

    • Posted by Utsav Srivastav 1 year, 11 months ago

    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Economics
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    CBSE > Class 12 > Accountancy
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    • Posted by Puna Nunia 1 year, 11 months ago

    CBSE > Class 12 > Chemistry
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    Account Deleted 1 year, 11 months ago

    Refer ncert textbook...

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    Madhuri and Arsh were partners in a firm sharing profits and losses in the ratio of 3 : 1. Their Balance Sheet as at 31st March, 2019, was as follows : Liabilities Amount Assets Amount Capitals : Machinery 4,70,000 Madhuri 3,00,000 Investments 1,10,000 Arsh 2,00,000 5,00,000 Debtors 1,20,000 Workmen compensation fund 60,000 Less : provision for d/d 10,000 1,10,000 Creditors 1,90,000 Stock 1,40,000 Employees provident fund 1,10,000 Cash 30,000 8,60,000 8,60,000 On 1st April, 2019, they admitted Jyoti into partnership for 1/4th share in the profits of the firm. Jyoti brought proportionate capital and Rs 40,000 as her share of goodwill premium. The following terms were agreed up on : (i) Provision for doubtful debts was to be maintained at 10% on debtors. (ii) Stock was undervalued by Rs 10,000. (iii) An old customer whose account was written off as bad, paid Rs 15,000. (iv) 20% of the investments were taken over by Arsh at book value. (v) Claim on account of workmen’s compensation amounted to Rs 70,000. (vi) Creditors included a sum of Rs 27,000 which was not likely to be claimed. Posted by Komal Yadav

    • Posted by Anvika Chaudhary 1 year, 10 months ago

    CBSE > Class 12 > Accountancy
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    Sourabh Barekar 1 year, 10 months ago

    answer

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    • Posted by Ayush Sharma 1 year, 11 months ago

    CBSE > Class 12 > Mathematics
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    • Posted by Bhavya Asija 1 year, 11 months ago

    CBSE > Class 12 > Painting
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    Parkhi Gupta 1 year, 11 months ago

    Line , point , space , colour , texture , tone , shape nd form

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    • Posted by Bhavya Asija 1 year, 5 months ago

    CBSE > Class 12 > Painting
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    • Posted by Shruti Singh 1 year, 11 months ago

    CBSE > Class 12 > Political Science
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    Khalid Hussain 1 year, 10 months ago

    chapter 1ka

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    • Posted by Aayush Sharma 1 year, 11 months ago

    CBSE > Class 12 > Biology
    • 2 answers

    Masuma Kosar 1 year, 11 months ago

    Yes

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    Muskan Sharma 1 year, 11 months ago

    The megaspore mother cell undergoes meiosis to give rise to 4 haploid cells. Three haploid cells degenerate and one survives to become the embryo sac. The embryo sac enlarges in size and the haploid nucleus undergoes mitosis to form 2 haploid nuclei. The two haploid nuclei further undergo mitosis to form 4 haploid nuclei within the embryo sac. In the final round of mitosis 8 haploid nuclei are produced. Hence, the functional megaspore undergoes 3 mitotic divisions to form eight celled mature embryo sac.

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    • Posted by Hasrat Jahan 1 year, 11 months ago

    CBSE > Class 12 > Physical Education
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    • Posted by 𝑺𝒂𝒕𝒚𝒂𝒎 𝒌𝒖𝒎𝒂𝒓 1 year, 11 months ago

    CBSE > Class 12 > Mathematics
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    Surbhi Dalal 1 year, 11 months ago

    All formula of vector

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    • Posted by Shivani Mishra 1 year, 11 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Parv Goyal 1 year, 11 months ago

    Literacy rate Infant morality rate Maternal morality rate Life expectancy

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    • Posted by Moksha Sharma 1 year, 9 months ago

    CBSE > Class 12 > Home Science
    • 1 answers

    Jatin Sain 1 year, 9 months ago

    युवाओं के लिए किस प्रकार के कार्यक्रम प्रयुक्त होते हैं कोई तीन कारण बताओ

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    • Posted by N . 1 year, 11 months ago

    CBSE > Class 12 > Chemistry
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    Keshav Garg 1 year, 10 months ago

    A

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    Soumak Paul 1 year, 11 months ago

    A

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    • Posted by Anshika Thakur 1 year, 11 months ago

    CBSE > Class 12 > हिंदी कोर
    • 1 answers

    Anubhav Sharma 1 year, 9 months ago

    This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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    • Posted by Pradnya Kamble 1 year, 11 months ago

    CBSE > Class 12 > Biology
    • 1 answers

    Muskan Sharma 1 year, 11 months ago

    They cause diseases in the pests or compete with them or kill them.

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    • Posted by Shiv Yadav 1 year, 11 months ago

    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Accountancy
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    CBSE > Class 12 > Biology
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    • Posted by Lahar . 1 year, 11 months ago

    CBSE > Class 12 > English Core
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    Vishal Kumar Singh 1 year, 11 months ago

    No , it was just imagination 😘

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    Jai Shree Ram 🪷🕉️🛕 1 year, 11 months ago

    No

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    Taniya Toor 1 year, 11 months ago

    No

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    Samiksha Sami 1 year, 11 months ago

    No

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    Rohit Singh 1 year, 11 months ago

    Sophie did not meet Danny Casey in reality. She made up the story of her encounter with Danny Casey only to seek the attention her brother, Geoff.

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    • Posted by Kumari Shailja 1 year, 11 months ago

    CBSE > Class 12 > Accountancy
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    • Posted by Lahar . 1 year, 11 months ago

    CBSE > Class 12 > Biology
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    Pragya Jakhar 1 year, 11 months ago

    n

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    • Posted by Shourya . 1 year, 11 months ago

    CBSE > Class 12 > Business Studies
    • 2 answers

    Krish Chauhan 1 year, 9 months ago

    This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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    Shubham Baranwal 1 year, 10 months ago

    Marketing in which product

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    • Posted by Khushi Ekka 1 year, 11 months ago

    CBSE > Class 12 > Physics
    • 2 answers

    Ayansh Pandey 1 year, 11 months ago

    To estimate the charge induced on each of the identical Styrofoam (or pith) balls suspended in a vertical plane, you can use Coulomb's Law, which states that the electrostatic force between two charged objects is directly proportional to the product of their charges and inversely proportional to the square of the distance between their centers. The formula for Coulomb's Law is \( F = \frac{{k \cdot q_1 \cdot q_2}}{{r^2}} \), where: - \( F \) is the electrostatic force, - \( k \) is Coulomb's constant (\(8.99 \times 10^9 \ \text{N m}^2/\text{C}^2\)), - \( q_1 \) and \( q_2 \) are the charges on the two objects, and - \( r \) is the separation between their centers. To estimate the charge, you would rearrange the formula as \( q = \sqrt{\frac{{F \cdot r^2}}{{k}}} \). Measure the force between the balls, the separation distance, and then use these values in the formula to estimate the charge on each ball. Keep in mind that this is an estimation and real-world factors such as air resistance may affect the accuracy of the results.

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    Shivam Singh 1 year, 11 months ago

    On the face of it MCQs

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    • Posted by Ghahsjshdhdjdkgx Sbkyotsu8E 1 year, 11 months ago

    CBSE > Class 12 > Physics
    • 3 answers

    D Chahal 1 year, 10 months ago

    Convex mirror

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    Kamal Kanwasi 1 year, 11 months ago

    convex bro

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    Lahar . 1 year, 11 months ago

    Since the image is diminished convex mirror has wider field of view .

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    • Posted by P M 1 year, 11 months ago

    CBSE > Class 12 > भूगोल
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    CBSE > Class 12 > Geography
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    • Posted by Parth Khandelwal 1 year, 11 months ago

    CBSE > Class 12 > Accountancy
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    Diksha Jain 1 year, 11 months ago

    Agro Ltd. invited application for 20,000 shares of the value of Rs.10 each. The amount is payable as Rs.3 on application and Rs.5 on allotment and balance on First and Final call. Applications were received for 30,000 shares. Find out the amount received on the application

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    • Posted by Yashoda Singh 1 year, 11 months ago

    CBSE > Class 12 > गृह विज्ञान
    • 1 answers

    Nahid Parveen Nahid 1 year, 11 months ago

    Question

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