Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Anubhav and Anurag are partners in a firm sharing profits and losses in the ratio of 5 : 3. On 31st March, 2023, their Balance Sheet was as follows: 2.44K viewsAnurag Pathak Changed status to publish March 18, 2024[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Ashish and Akash are partners in a firm sharing profits in the ratio of 3 : 2. Their Balance Sheet as at 31st March, 2023 was as under: 2.56K viewsAnurag Pathak Changed status to publish March 18, 2024[ISC] Admission of Partner[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Rita and Sobha are partners in a firm, Fancy Garments Exports, sharing profits and losses equally. On 1st April, 2023, the Balance sheet of the firm was: 5.55K viewsAnurag Pathak Changed status to publish March 18, 2024[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Purchases of ₹ 20,000 was omitted to be recorded. Pass the Journal entries rectifying the following errors: 2.99K viewsAnurag Pathak Changed status to publish March 18, 2024RectificationTS Grewal Class 11 0 Votes 1 Ans Following Trial Balance has been extracted from the books of Santosh on 31st March, 2023: 1.68K viewsAnurag Pathak Changed status to publish October 26, 2023Financial Statement (With Adjustment) 0 Votes 1 Ans Enter the following transactions in the Journal of Gurman: Gurman invested capital in cash ₹ 1,00,000 3.58K viewsAnurag Pathak Changed status to publish March 17, 2024JournalTS Grewal Class 11 0 Votes 1 Ans Rajan Ltd Purchased assets from Geeta & Co. for 5,00,000. A sum of ₹ 1,00,000 was paid by means of a bank draft 3.17K viewsAnurag Pathak Changed status to publish March 17, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Samiksha, Arshiya and Divya were partners in a firm sharing profits and losses in the ratio of 5 : 3 : 2. With effect from 1st April, 2022, they agreed to share profits and losses in the ratio of 2 : 5 : 3. 5.58K viewsAnurag Pathak Changed status to publish March 17, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thChange in Profit Sharing RatioMCQs (PSR) 0 Votes 1 Ans Following is the Trial Balance of Indramani as on 31st March, 2023: Building 27,000 Machinery 16,500 Furniture 6,300 2.86K viewsAnurag Pathak Changed status to publish March 17, 2024Financial Statement (With Adjustment) 0 Votes 1 Ans From the following, prepare Single Column Cash Book of Suresh and post them in ledger accounts: Cash in Hand 6,400 Received Cash from Anupama 1,00,000 3.27K viewsAnurag Pathak Posted new comment March 17, 2024Cash BookTS Grewal Class 11 0 Votes 1 Ans Altaur Ltd. was registered with an authorised Capital of ₹ 4,00,00,000 divided in 25,00,000 Equity Shares of ₹ 10 each and 1,50,000, 9% Preference Shares of ₹ 100 each 4.32K viewsAnurag Pathak Posted new comment March 18, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans From the following particulars, prepare Balance Sheet as at 31st March, 2023: Capital 5,00,000 Drawings 44,000 1.64K viewsAnurag Pathak Changed status to publish March 17, 2024Financial Statements (Without Adjustment) 0 Votes 1 Ans Total of Assets side of the Balance Sheet – ₹ 25,00,000, Debit Balances in Current Account of Naresh and Vikesh – ₹ 75,000 and ₹ 25,000 respectively; Bank Loan ₹ 8,00,000; Goodwill ₹ 1,00,000; Trade Investments – ₹ 25,000; Profit and Loss Accounts (Debit) – ₹ 15,000. 4.20K viewsAnurag Pathak Changed status to publish March 17, 2024Accountancy Class 12thGoodwillMCQs (Goodwill) 0 Votes 1 Ans VXN Ltd. invited applications for issuing 50,000 equity shares of ₹ 10 each at a premium of ₹ 8 per share. The amount was payable as follows: 3.61K viewsAnurag Pathak Posted new comment March 17, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Max Ltd. forfeited 500 shares of ₹ 100 each for non-payment of first call of ₹ 20 per share and final call of ₹ 25 per share. 250 of these shares were re-issued at ₹ 50 per share fully paid-up. 4.41K viewsAnurag Pathak Changed status to publish March 17, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Suraj, Pawan and Kamal are partners in a firm sharing profits and losses in the ratio of 3 : 2 : 1. Their Balance Sheet as at 31st March, 2023 is: 6.44K viewsAnurag Pathak Posted new comment March 17, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Following is the Balance sheet of Kusum, Sneh and Usha as on 31st March, 2023, who have agreed to share profits and losses in proportion of their capitals: 5.44K viewsAnurag Pathak Posted new comment March 17, 2024[CBSE] TS Grewal SolutionsAccountancy Class 12thRetirement of Partner 0 Votes 1 Ans Calculate Opening and Closing Inventories from the following Cost of Revenue from Operations ₹ 3,00,000 381 viewsAnurag Pathak Changed status to publish March 16, 2024[ISC] Ratio Analysis 0 Votes 1 Ans Cost of Revenue from Operations (Cost of Goods Sold) ₹ 5,00,000; Purchases ₹ 5,50,000; Opening Inventory ₹ 1,00,000 374 viewsAnurag Pathak Changed status to publish March 16, 2024[ISC] Ratio Analysis 0 Votes 1 Ans Compute Gross Profit Ratio from the following information Cost of Revenue from Operations (Cost of Goods Sold) ₹ 5,40,000 324 viewsAnurag Pathak Changed status to publish March 16, 2024[ISC] Ratio Analysis 0 Votes 1 Ans A company earns gross profit of 25% on cost. Its Credit Revenue from Operations, i.e., Credit Sales are two times its Cash Revenue from Operations 454 viewsAnurag Pathak Changed status to publish March 16, 2024[ISC] Ratio Analysis 0 Votes 1 Ans From the following information, Calculate Net Profit Ratio Credit Revenue from Operations: ₹ 8,00,000 405 viewsAnurag Pathak Changed status to publish March 16, 2024[ISC] Ratio Analysis 0 Votes 1 Ans The ratio of Current Assets (₹ 7,50,000) to Current Liabilities (₹ 5,00,000) is 1.5 : 1 468 viewsAnurag Pathak Changed status to publish March 13, 2024[ISC] Ratio Analysis 0 Votes 1 Ans On the basis of the following information, calculate any two ratios Operating Ratio Inventory (Stock) Turnover Ratio 528 viewsAnurag Pathak Changed status to publish March 13, 2024[ISC] Ratio Analysis 0 Votes 1 Ans From the given information, calculate following ratio Debt to Equity Ratio Debt to Total Assets Ratio 421 viewsAnurag Pathak Changed status to publish March 13, 2024[ISC] Ratio Analysis « Previous 1 2 … 36 37 38 39 40 … 159 160 Next » Question and answer is powered by anspress.net