Questions Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans On 1st April, 2019, Gurman Toys purchased a machine for ₹ 2,40,000 and spent ₹ 10,000 on its erection. On 1st October, 2019, an additional machinery costing ₹ 1,00,000 was purchased 3.54K viewsAnurag Pathak Changed status to publish March 18, 2024DepreciationTS Grewal Class 11 0 Votes 1 Ans Rich Proteins Ltd., an unlisted (Non-NBFC/HFC) company, issued ₹ 20,00,000, 8% Debentures divided into debentures of ₹ 100 each on 1.09K viewsAnurag Pathak Changed status to publish March 18, 2024Redemption of Debentures 0 Votes 1 Ans Betel Nut Tree Ltd. issued 6,000; 10% Debentures of ₹ 50 each at a premium of ₹ 15 payable as follows: 847 viewsAnurag Pathak Changed status to publish March 18, 2024[ISC] Issue of Debentures 0 Votes 1 Ans How will be the following errors rectified? Purchases Book is overcasted by ₹ 10,000 1.54K viewsAnurag Pathak Changed status to publish March 18, 2024Rectification 0 Votes 1 Ans Based on the following information, calculate Net Assets or Capital Employed Turnover Ratio: 2.56K viewsAnurag Pathak Changed status to publish March 18, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital 0 Votes 1 Ans Shilpa, Meena and Nanda decided to dissolve their partnership on 31st March, 2023. Their Profit sharing ratio was 3 : 2 : 1 and their Balance Sheet was as under: 4.88K viewsAnurag Pathak Changed status to publish March 18, 2024[CBSE] Dissolution of Partner[CBSE] TS Grewal Solutions 0 Votes 1 Ans Arpit drew two bills of exchange on 1st January, 2023 for ₹ 15,000 and ₹ 25,000. The Bill of Exchange for ₹ 15,000 is for two months while the Bill of Exchange for ₹ 25,000 is for three months 1.60K viewsAnurag Pathak Changed status to publish March 18, 2024Bills of Exchange 0 Votes 1 Ans Arnab, Ragini and Dhrupad are partners sharing profits in the ratio of 3 : 1 : 1. On 31st March, 2023 1.30K viewsAnurag Pathak Changed status to publish March 18, 2024[ISC] Dissolution (2023-24) 0 Votes 1 Ans Trial Balance of Manohar as at 31st March, 2023 is given below: 2.14K viewsAnurag Pathak Changed status to publish March 18, 2024Financial Statement (With Adjustment) 0 Votes 1 Ans On 31st March 2017, the Balance Sheet of Abhir and Divya, who were sharing profits in the ratio of 3 : 1 was as follows: 5.80K viewsAnurag Pathak Changed status to publish March 18, 2024[CBSE] Admission of Partner[CBSE] TS Grewal SolutionsAccountancy Class 12th 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: 2.54K 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: 2.66K 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: 5.83K 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: 3.22K 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: 1.79K 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 3.77K 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 3.39K 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. 5.82K 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 3.03K 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 3.41K 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 4.60K 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 1.70K 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. 4.30K 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: 3.88K 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. 4.77K viewsAnurag Pathak Changed status to publish March 17, 2024[CBSE] TS Grewal SolutionsAccounting For Share Capital « Previous 1 2 … 38 39 40 41 42 … 161 162 Next » Question and answer is powered by anspress.net
