Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans On 1st April, 2023 A and B commenced business with Capitals of ₹ 6,00,000 and ₹ 2,00,000 respectively. On 31st March, 2024 the net profit (before taking into account the provisions of deed) was ₹ 2,40,000 672 viewsAnurag Pathak Changed status to publish June 12, 2024 0 Votes 1 Ans Girish and Satish are partners in a firm. Their Capitals on April 1, 2023 were ₹ 5,60,000 and ₹ 4,75,000 respectively. On August 1, 2023 they decided that their Capitals should be ₹ 5,00,000 each 453 viewsAnurag Pathak Changed status to publish June 12, 2024 0 Votes 1 Ans X and Y are partners sharing profits in the ratio of 2 : 1. The undermentioned trial balance was extracted from their books as at 31st March, 2024: 957 viewsAnurag Pathak Changed status to publish June 12, 2024 0 Votes 1 Ans Raman and Daman are partners sharing profits in the ratio of 60 : 40 and for the last four years they have been getting annual salaries of ₹ 50,000 and ₹ 40,000 respectively 951 viewsAnurag Pathak Changed status to publish June 11, 2024[ISC] Goodwill[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Read the following hypothetical text and answer the given questions on its basis. Profit for the year ended 31st March, 2023 of iPay (a payment processing start up) was ₹ 15,00,000 after accounting the following 585 viewsAnurag Pathak Changed status to publish June 11, 2024Cash Flow Statement 0 Votes 1 Ans Tejvir started business with cash ₹ 5,00,000. Pass Journal entries for the following transactions: 4.13K viewsAnurag Pathak Changed status to publish June 11, 2024JournalTS Grewal Class 11 0 Votes 1 Ans Pradeep and Paresh partners in a firm decided to dissolve their partnership firm on 1st April, 2024. Pradeep was deputed to realise the assets and to pay off the liabilities 1.36K viewsAnurag Pathak Answered question June 10, 2024[CBSE] Dissolution of Partner 0 Votes 1 Ans C, D and E were partners in a firm sharing profits in the ratio of 3 : 1 : 1. Their Balance Sheet as at 31st March, 2022 was as follows 948 viewsAnurag Pathak Answered question June 10, 2024[CBSE] Death of Partner 0 Votes 1 Ans Trisha, Anisha and Rishika were partners in a firm sharing profits and losses in the ratio of 2 : 2 : 1. Their Balance sheet as at 31s March 1.82K viewsAnurag Pathak Changed status to publish June 10, 2024[CBSE] Death of Partner 0 Votes 1 Ans Pass necessary Journal entries for the following transactions, on the dissolution of a partnership firm of Kavita and Suman on 31st March, 2022, after the various assets (other than cash) and third party liabilities have been transferred to Realisation Account 671 viewsAnurag Pathak Answered question June 10, 2024[CBSE] Dissolution of Partner 0 Votes 1 Ans Ramesh, Suresh and Dinesh were partners sharing profits and losses in the ratio of 3 : 2 : 1. Dinesh died on 1st May, 2023 on which date the capitals of Ramesh 941 viewsAnurag Pathak Answered question June 10, 2024[CBSE] Death of Partner 0 Votes 1 Ans P, Q and R were partners in a firm sharing profits in the ratio of 3 : 2 : 1. P dies and the new profit sharing ratio of Q and R was agreed to be equal 3.73K viewsAnurag Pathak Changed status to publish June 9, 2024[CBSE] Death of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Shweta, Meenu and Asha were partners in a firm sharing profits and losses in the ratio of 3 : 5 : 2. Meenu retired on 1st April, 2022. After making all adjustments relating to revaluation, goodwill and accumulated profits 1.08K viewsAnurag Pathak Answered question June 9, 2024[CBSE] Admission of Partner 0 Votes 1 Ans Ashish and Vishesh were partners sharing profits and losses in the ratio of 3 : 2. Their Balance Sheet as at 31st March, 2022 was as under: 640 viewsAnurag Pathak Answered question June 9, 2024[CBSE] Admission of Partner 0 Votes 1 Ans Vanshika and Shikha were partners in a firm with capitals of ₹ 1,00,000 and ₹ 80,000 respectively. They admitted Nisha on 1st April, 2022 as a new partner for 1/4th share in the future profits of the firm 1.07K viewsAnurag Pathak Answered question June 9, 2024[CBSE] Admission of Partner 0 Votes 1 Ans Mahesh and Suresh were partners in a firm sharing profits and losses in the ratio of 2 : 1. They decided to admit Nita into partnership with 1/4th share in the profits 871 viewsAnurag Pathak Answered question June 9, 2024[CBSE] Admission of Partner 0 Votes 1 Ans Aayush and Aarushi are partners sharing profits and losses in the ratio of 3 : 2. They admitted Naveen into partnership for 1/4th share 693 viewsAnurag Pathak Answered question June 9, 2024[CBSE] Admission of Partner 0 Votes 1 Ans Kamal and Kapil are partners having fixed capitals of ₹ 5,00,000 each as on 31st March 2022 4.58K viewsAnurag Pathak Changed status to publish June 8, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Ramesh and Umesh were partners in a firm sharing profits in the ratio of their capitals. On 31st March, 2023, their Balance Sheet was as follows: 5.68K viewsAnurag Pathak Changed status to publish June 8, 2024[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Realisation expenses were ₹ 10,000 and paid by the firm on behalf of Alok, a partner, with whom it was agreed at ₹ 7,500. 3.10K viewsAnurag Pathak Changed status to publish June 8, 2024[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Prepare accounting equation from the following. Started business with cash ₹ 40,000, Goods ₹ 50,000 and furniture ₹ 75,000 343 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Prove that accounting equation is satisfied in all the following cases. Commenced business with cash ₹ 50,000 578 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Show the accounting equation on the basis of following transactions. Commenced business with Cash ₹ 20,000; Goods ₹ 50,000 and Furniture ₹ 30,000 599 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Show the accounting equation on the basis of the following transactions and also show the Balance Sheet. Started business with Cash ₹ 60,000 and Goods ₹ 30,000 585 viewsAnurag Pathak Answered question June 5, 2024 0 Votes 1 Ans Prove that the accounting equation is satisfied in the following transactions Brij Mohan Commenced business with cash ₹ 1,00,000 891 viewsAnurag Pathak Answered question June 5, 2024 « Previous 1 2 … 20 21 22 23 24 … 161 162 Next » Question and answer is powered by anspress.net
