Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Yogesh commenced business on 1st April, 2017 with a Capital of ₹ 5,00,000 and a loan of ₹ 1,00,000 borrowed from Citi Bank. On 31st March, 2018, his assets were ₹ 8,00,000 528 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans A commenced his cloth business on 1st April, 2022 with a capital of ₹ 3,00,000. On 31st March, 2023 his assets were worth ₹ 5,00,000 and liabilities ₹ 1,00,000 359 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans If total assets of a business are ₹ 1,30,000 and capital is ₹ 80,000. Calculate Creditors 372 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans If the Capital of a business is ₹ 1,20,000 and Outside liabilities are ₹ 20,000. Calculate total assets of the business 725 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Prepare Accounting Equation from the following and also prepare a Balance Sheet. Raghu started business with case ₹ 1,50,000. 554 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Prepare Accounting Equation from the following Started business with case ₹ 75,000 and goods ₹ 25,000 458 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Prepare the Accounting Equation on the basis of the following Started business with case ₹ 1,40,000 and Stock ₹ 2,50,000 692 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Use Accounting Equation to show the effect of the following transactions of M/s Royal Traders 391 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans What will be the effect of the following on the Accounting Equation? Harish started business with cash ₹ 1,80,000. 374 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Mohit has the following transactions, prepare Accounting Equation Business started with cash 1,75,000 275 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Prepare Accounting Equation from the following Kunal started business with cash ₹ 2,50,000 246 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Prepare Accounting Equation from the following Started business with Cash ₹ 2,00,000 415 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Prove that the Accounting Equation is satisfied in all the following transactions of Rajaram. Also prepare a Balance Sheet 585 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Show the Accounting Equation on the basis of the following and present a balance sheet on the last new equation balances: Manu started business with cash 50,000 462 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Prepare Accounting Equation from the following Sandeep started business with Cash 1,00,000 308 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Maanika, Bhavi and Komal are partners sharing profits in the ratio of 6 : 4 : 1. Komal is guaranteed a minimum profit of ₹ 2,00,000 571 viewsAnurag Pathak Answered question June 1, 2024 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 5 : 4 : 1. C is given a guarantee that his share of profits in any year will not be less than ₹ 20,000 477 viewsAnurag Pathak Answered question June 1, 2024 0 Votes 1 Ans A, B and C are partners in a firm sharing profits in the ratio of 2 : 2 : 1. According to the terms of the partnership agreement C has to get a minimum of ₹ 6,000 irrespective of the profits of the firm 486 viewsAnurag Pathak Answered question June 1, 2024 0 Votes 1 Ans X, Y and Z are partners sharing profits and losses in the ratio of 3 : 2 : 1 with a minimum profit of ₹ 1,00,000 for Z . the profits for the year ended March 31, 2023 amounted to ₹ 4,80,000 538 viewsAnurag Pathak Answered question June 1, 2024 0 Votes 1 Ans Piya and Bina are partners in a firm sharing profits and losses in the ratio of 3 : 2. Following was the Balance Sheet of the firm as on 31-3-2016: 360 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans Alex, John and Sam are partners in a firm. Their capital accounts on 1st April, 2021, stood at ₹ 1,00,000, ₹ 80,000 and ₹ 60,000 respectively 354 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans Prem, Param and Priya were partners in a firm. Their fixed capitals were Prem ₹ 2,00,000; Param ₹ 3,00,000 and Priya ₹ 5,00,000. They were sharing profits in the ratio of their capitals 595 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans A and B are partners in a business. Their capitals at the end of the year were ₹ 6,40,000 and ₹ 4,60,000 respectively. During the year ending 31st March, 2024, A’s drawings and B’s drawings were ₹ 1,20,000 and ₹ 1,40,000 respectively 298 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans E, F and G were partners in a firm sharing profits in the ratio of 3 : 2 : After division of the profits for the year ended 31.3.2024 their capitals were: E ₹ 2,95,000; F ₹ 3,30,000; and G ₹ 3,35,000 534 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans Neena and Sara were partners in a firm with fixed capitals of ₹ 5,00,000 and ₹ 4,00,000 respectively. It was discovered that interest on capital @ 6% p.a 497 viewsAnurag Pathak Answered question May 31, 2024 « Previous 1 2 … 19 20 21 22 23 … 159 160 Next » Question and answer is powered by anspress.net