No products in the cart.

Physics Chemistry Biology Mathematics Applied Maths Accountancy Economics Business Studies English Core हिंदी कोर History Political Science Geography Sociology Psychology Physical Education Computer Science Informatics Practices Painting Legal Studies Entrepreneurship Home Science Reasoning & Mental Ability गणित रसायन विज्ञान जीव विज्ञान भौतिक विज्ञान लेखाशास्त्र मनोविज्ञान अर्थशास्त्र व्यवसाय अध्ययन English Elective NCERT हिंदी ऐच्छिक इतिहास राजनीति विज्ञान भूगोल समाजशास्त्र Engineering Graphics गृह विज्ञान शारीरिक शिक्षा Multimedia and Webtech English Elective CBSE (Deleted) संस्कृत कोर (भास्वती) संस्कृत ऐच्छिक (शाश्वती) Philosophy (Deleted) Biotechnology Financial Market Management Other Subjects Information Technology (802) Regional Language

Ask questions which are clear, concise and easy to understand.

Ask Question

    • Posted by Prerna Netam Prerna Netam 1 year ago

    CBSE > Class 12 > Chemistry
    • 2 answers

    Gyan Kumar 1 year ago

    Option 2 is right ans

    1Thank You

    Aseem Mahajan 1 year ago

    <font face ="Times New Roman">3rd option literally says tertiary in itself

    2Thank You

    ANSWER
    and Aruna, school time friends, met at the school reunion. Parul had become a fashion and had worked for a few years with a leading fashion designer. Aruna, after ting her MBA in Marketing, had worked with a leading retail store. At the meeting had a brief discussion about setting up their own garment stores for teens and agreed eet later and discuss the business prospects. hey met again to discuss the possibility of starting the business and after discussions decided at up ready-made garments stores exclusively for teenagers with a high disposable family mes and who follow latest fashion trends. They decided to open their first store on April, 2022 they decided to produce and sell clothes which were not expensive as it will give the stomer value for money and, in the process, their turnover will increase due to which the it will also be high. They decided to open their flagship store in Select City Walk, Saket. New Delhi. The name decided was C4T, a short form of Clothes 4 Teens. They discussed and finalised the business plan, capital requirement and sources, etc. Parul was to design the clothes and source the material besides identifying tailoring source, which was to be outsourced. Aruna, besides looking after marketing, was to identify and rent a witable place for the store, renovate it and take care of the legal aspects. It was agreed that ach partner will initially contribute 10 lakhs towards capital. Aruna employed Bikram, an experienced accountant, and requested him to draw the Partnership Deed and get the firm registered under the applicable laws. She gave him the terms of partnership agreed between her and Parul. Aruna located a shop measuring 800 square feet, finalised the rent and entered into an agreement. It was agreed that rent for the shop will be 15,000 per month starting from 1st April, 2022 and in between period will be used for furnishing the shop. A security deposit equal to six months' rent was to be given. A bank account was opened with the State Bank of India in the name of C4T in which they deposited cheques of 10 lakhs each. Cheques for 90,000 as security deposits for rent, 7,000 as Security Deposit for Electricity were issued. A contract was signed for 3.50,000 for renovation of the outlet which was paid. A website was got developed from a local developer to attract mail orders. Website designing and hosting expense came to 1,00,000. Rent for website space was ? 20,000 payable from 1st April, 2023. A computer and printer was purchased for 50,000. The firm took a term loan of 10 lakhs from the bank repayable in 20 equal quarterly instalments. First instalment was to be paid on 30th June, 2022. The bank granted loan interest being @ 12% per annum. Loan repayment schedule was as follows: Date June 30, 2022 September 30, 2022 December 31, 2022 March 31, 2023 Principal () 50,000 50.000 50,000 Interest () 38,000 28.500 27,000 25.500 Instalment (3) 80,000 78,500 77,000 75.500 It was decided that all payments shall be made by cheques and also cash sale shall be deposited in the bank next morning. At the end of the year, their transactions besides the above were as follows: Particulars Sale (Credit Sale 55,00,000) 1,20,000 2,25,000 Purchases (Credit Purchase ? 20,00,000) 1,20,000 Electricity Expenses 50,000 Job-work Charges Carriage Inwards 75,000 Courier and Postage: Travelling and Conveyance 1,10,000 Exhibition Expenses 35,000 Repairs and Maintenance 50,000 Insurance Expenses 2.80.000 Telephone Expenses Salary Rent The firm received 40,00,000 from the debtors during the year. 1,80,000 The firm paid part creditors during the year. At the year end, creditors were 6,60,000. Depreciation @ 10% on Furniture and Furnishing and 30% on computers was charged. Website expenses were amortised over 4 years. Drawings by the partners were 12,000 per month each. An amount of 5,00,000 was placed in Fixed Deposit as on 31st December, 2022 with the bank carrying interest @ 10% per annum. Closing stock was physically verified by the partners at the year-end. It was valued at lower of cost or net realisable value. Closing stock was valued at 25,50,000 being cloth stock of 20,00,000 and apparels stock of 5,50,000. Insurance Premium paid on 1st July, 2022 for one year. Salary outstanding was 25,000 for the last month. The Fixed Deposit is for three years and, therefore, the interest can be realised at the end of the period. You have to compute the profit earned or loss incurred by the firm and compare its performance with the industry standards which are as follows: (a) Gross Profit Ratio-40% (b) Net Profit Ratio-27.5% (c) Debt to Equity Ratio-1 (d) Proprietary Ratio-1 (e) Inventory Turnover Ratio-4.50 Times () Working Capital Turnover Ratio-2 Times (g) Operating Ratio-75% (h) Current Ratio-2 (1) Trade Receivables Turnover Ratio-5 Times (1) Trade Payables Turnover Ratio-5 Times..

    • Posted by Sunaina Punj 1 year ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Vinoy Varghese 1 year ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Vinoy Varghese 1 year ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Dimple Singh 1 year ago

    CBSE > Class 12 > English Elective NCERT
    • 0 answers
    ANSWER

    • Posted by Rakshit Sharma 1 year ago

    CBSE > Class 12 > Mathematics
    • 1 answers

    Harsh Rai 1 year ago

    A

    0Thank You

    ANSWER

    • Posted by Aadya Agrawal 1 year ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Shivakant Modanwal 1 year ago

    CBSE > Class 12 > Chemistry
    • 1 answers

    Ajay Rana Rana 1 year 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

    Few rules to keep homework help section safe, clean and informative.
    • 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.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    0Thank You

    ANSWER

    • Posted by Rekha Sharma 1 year ago

    CBSE > Class 12 > Physics
    • 2 answers

    Xxxxxxxx Xxxxxx 11 months, 2 weeks 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

    Few rules to keep homework help section safe, clean and informative.
    • 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.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    0Thank You

    Xxxxxxxx Xxxxxx 11 months, 2 weeks ago

    12

    0Thank You

    ANSWER

    • Posted by Manya Sharma 1 year ago

    CBSE > Class 12 > English Core
    • 0 answers
    ANSWER

    • Posted by Nilam Kakho 1 year ago

    CBSE > Class 12 > Political Science
    • 0 answers
    ANSWER

    • Posted by Nilam Kakho 1 year ago

    CBSE > Class 12 > Political Science
    • 0 answers
    ANSWER

    • Posted by Prajna Manikandan 1 year ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Prabhleen Kaur 1 year ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Riya Dahanwal 1 year ago

    CBSE > Class 12 > English Core
    • 1 answers

    Aseem Mahajan 1 year ago

    <font face ="Times New Roman"> You can point out the western culture which has spread and destroyed our culture.
    Today, most of us speak english and we are taught right since childhood that english is supreme. I even see in my neighbor's that they always takk to their so young child in english. What about his mother tongue ? English ?

    Highlight such issues and try to write yourself. Also I think I have seen your name before ?

    2Thank You

    ANSWER

    • Posted by Vijaylaxmi Kothari 1 year ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Vijaylaxmi Kothari 1 year ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Chhayakanta Pathrimali 1 year ago

    CBSE > Class 12 > English Core
    • 0 answers
    ANSWER

    • Posted by Shristi Kumari 1 year ago

    CBSE > Class 12 > English Core
    • 1 answers

    Aseem Mahajan 1 year ago

    <font face ="Times New Roman">DIY not that difficult If need help with specific section then tell

    1Thank You

    ANSWER

    • Posted by Gayathri Devi 1 year ago

    CBSE > Class 12 > Economics
    • 1 answers

    Alok Nishad 1 year ago

    No 😞

    0Thank You

    ANSWER

    • Posted by Gayathri Devi 1 year ago

    CBSE > Class 12 > Economics
    • 0 answers
    ANSWER
    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

    Few rules to keep homework help section safe, clean and informative.
    • 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.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    Posted by Hardik Chauhan 1 year ago

    CBSE > Class 12 > Chemistry
    • 1 answers

    Hardik Chauhan 1 year 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

    Few rules to keep homework help section safe, clean and informative.
    • 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.

    Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

    0Thank You

    ANSWER

    • Posted by Adiya George 1 year ago

    CBSE > Class 12 > History
    • 0 answers
    ANSWER

    • Posted by Mohit Tanwar 1 year ago

    CBSE > Class 12 > Physics
    • 0 answers
    ANSWER
    Pro-rata/Forfeiture/Re-issue) Veer Ltd. invited applications for 1,00,000 equity shares of 500 each at a premium of 100 per share. The amount was payable as: On application-200 per share On allotment-300 per share (including premium) On first and final call-100 per share Applications were received for 2,00,000 shares. Applications for 50,000 shares were rejected and the application money was refunded. Pro-rata allotment was made to the remaining applicants. Amount over paid on application was adjusted towards sum due on allotment. All calls were made and were received except the first and final call on 100 shares allotted to Vasu. These shares were forfeited. The forfeited shares were reissued to Ravi for 60,000 full paid up. Pass the necessary journal entries in the books of company for the above transactions.

    • Posted by Smeeta Paul 1 year ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Aditi Mahlawat 1 year ago

    CBSE > Class 12 > Political Science
    • 0 answers
    ANSWER

    • Posted by Ishi Winget 1 year ago

    CBSE > Class 12 > Accountancy
    • 0 answers
    ANSWER

    • Posted by Priyanshu Singh 1 year ago

    CBSE > Class 12 > Physical Education
    • 1 answers

    Krishna Mishra 1 year ago

    Rubbing the hand is one of the most energy producing system in our body

    0Thank You

    ANSWER

    • Posted by Priyanshu Singh 1 year ago

    CBSE > Class 12 > Physical Education
    • 0 answers
    ANSWER

    • Posted by Uday Indoliya 1 year ago

    CBSE > Class 12 > Chemistry
    • 1 answers

    Lucky Namdev 1 year ago

    0.9652

    2Thank You

    ANSWER

    myCBSEguide App

    myCBSEguide

    Trusted by 1 Crore+ Students

    Install Now

    Test Generator

    Test Generator

    Create papers online. It's FREE.

    Try Now

    CUET Mock Tests

    CUET Mock Tests

    75,000+ questions to practice only on myCBSEguide app

    Install Now
    Google Play

    Download myCBSEguide App

    All Courses

    Other Websites

    CBSE Courses

    Resources

    Corporate

    NCERT Solutions

    CBSE Sample Papers

    All Content and Intellectual Property is under Copyright Protection | myCBSEguide.com ©2007-2024