Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Abha and Bimal are partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2015 they admitted Chintu into partnership for 1/5th share in the profits of the firm 147 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans Juliet and Rabani are partners in a firm, sharing profits and losses in the ratio of 3 : 1. On 31st March, 2016, their Balance Sheet was as under: 129 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans Dhruv and Ansh are partners in a firm sharing profits and losses: Dhruv 75% and Ansh 25% respectively. 142 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans Chander and Damini were partners in a firm sharing profits and losses equally. On 31st March, 2017 their Balance Sheet was as follows: 149 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans Sanjana and Alok were partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2018 their Balance Sheet was as follows: 182 viewsAnurag Pathak Answered question December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans Ashish and Nimish were partners in a firm sharing profits and losses in the ratio of 3 : 2. On 31st March, 2019 their Balance Sheet was as follows: 1.66K viewsAnurag Pathak Changed status to publish December 4, 2025DK Goel Admission of a Partner 0 Votes 1 Ans Following is the Trial Balance of Karman on 31st March, 2025: Capital ₹ 8,00,000 Drawings ₹ 60,000 303 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Following is the extract from a Trial Balance: Machinery ₹ 4,00,000 Furniture ₹ 2,00,000 243 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Following balance of asset is taken from the books of Dhruv as on 1st April, 2024: Plant and Machinery – ₹ 12,00,000 252 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Net Profit of a firm is ₹ 1,05,000 before charing commission. Manager of the firm is to be paid commission of 5% on the Net Profit after charing his commission 303 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Give Journal entries for the following adjustments in final accounts: Salaries ₹ 5,000 are outstanding. Insuarnce amounting to ₹ 2,000 is paid in advance 289 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Ramesh valued stock at the end of the year at ₹ 1,00,000. Goods costing ₹ 5,000 were destroyed by fire during the accounting period 246 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Following extract is taken from the Trial Balance of Kabir as on 31st March, 2025: Purchases ₹ 4,50,000 Sales ₹ 3,75,000 252 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Mohan’s Profit & Loss Account shows net profit of ₹ 1,76,000 before charging commission of manager 244 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Sanjiv’s Trial Balance as on 31st March, 2025 shows the following information: Purchases ₹ 2,80,000 Sales ₹ 3,50,000 228 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Following is the extract of Trial Balance as at 31st March, 2025: Debtors ₹ 5,15,000 Bad Debts ₹ 12,500 232 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Trial Balance of Manish gives the following information: Debtors ₹ 2,50,000 Bad Debts ₹ 2,500 Discount Allowed ₹ 4,500 322 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Following is the extract of M/s. A & N’s Triall Balance as at 31st March, 2025: Sundry Debtors ₹ 2,05,000 245 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Following is the extract of Trial Balance as at 31st March, 2025: Debtors ₹ 1,04,000 276 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Following is the extract of Trial Balance as on 31st March, 2025: Debtors ₹ 1,20,000 Adjustment: Create a Provision for Doubtful Debts @ 5% on Debtors. 245 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Following is the extract of Trial Balance as at 31st March, 2025: Machinery ₹ 8,00,000 247 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Following is the extract of Trial Balance as at 31st March, 2025: Interst on Loan ₹ 8,000 227 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Ramesh’s Trial Balance as on 3st March, 2025 given the following information: Investment (rate of interest 10% p.a.) ₹ 5,00,000 234 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans From the following Trial Balance as at 31st March, 2025, show the relevant extract from the Profit & Loss Account and the Balance Sheet: 261 viewsAnurag Pathak Answered question November 28, 2025Financial Statement (With Adjustment) 0 Votes 1 Ans Following is the extract of Trial Balance as at 31st March, 2025: Commission rs 40,000 218 viewsAnurag Pathak Changed status to publish November 28, 2025Financial Statement (With Adjustment) « Previous 1 2 3 4 … 175 176 Next » Question and answer is powered by anspress.net
