Unanswered Questions to all the Questions and Answers of CBSE Class 12-commerce

CBSE Class 12-commerce Questions and Answers

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CBSE 12-commerce - Accountancy

A and B are partners sharing profits and loss in the ratio of their capitals which were 6,00,000 and 4,00,000 respectively on 1st April 2021. The partnership deed provides that: (i) Both partners will get monthly salary of 20,000 each; (ii) Interest on capital will be allowed @ 8% p.a.; (iii) A will get a quarterly rent of 24,000 for the use of his property by the firm. On 1st July, 2021 A and B granted loans of 1,00,000 and 50,000 respectively to the firm. During the year ended 31st March 2022, the firm incurred a loss of 17,250 before any adjustment is made as per partnership deed. Prepare an account showing the distribution of profit/loss

Asked by kushsamirshah | 15 Jul, 2024, 21:51: PM

CBSE 12-commerce - Accountancy

A and B were partnership

Asked by dm179906 | 15 Jul, 2024, 21:09: PM

CBSE 12-commerce - Accountancy

answer

Asked by sahilduhani26 | 04 Jul, 2024, 18:33: PM

CBSE 12-commerce - Accountancy

A,B, and C are in partnership with capital of Rs. 240000 (credit), Rs. 200000 (credit), and Rs. 16000 (Debit) respectively on 1 April, 2017. Their partnership deed provides for the following 7.5% of net profit to be transferred to general reserve. 6) Partners are to be only allowed interest on capital @5% p.a. and are to be charged interest on drawings @6% p.a. C is entitled to a salary of Rs. 14000. iv) A is entitled to a remuneration of 10% of the net profit before making any appropriation. v) B is also entitled to a commission of 8% of the net profit before charging interest on drawings but after making all

Asked by viveklakhotia11031992 | 22 Jun, 2024, 14:24: PM

CBSE 12-commerce - Accountancy

x,y,z are partners with fixed capital of 150000 ,120000 ,100000 respectively . the balance of current account on 1 April 2023 were x rupees 8000(cr)y rupees 3000(cr)and z rupees 2000(dr) x advanced rupees 20000on October 1 2023 the partnership deed provided for the following : 1 interest on capital 5 % 2 interest on drawing 6%. each partner withdrew rupees 10000 on October 1 2023 3 rupees 20000is to be transferred to reserve account 4 profit and loss to be shared in the proportion 3:2:1 upto rupees 60000and above rupees 60000 equally . net profit is 115400

Asked by harshitajoshiraikot | 22 Jun, 2024, 13:04: PM

CBSE 12-commerce - Business Studies

orthographic

Asked by vyshnavigoddi | 20 Jun, 2024, 10:31: AM

CBSE 12-commerce - Maths

Asked by usakoyalshailesh | 10 Jun, 2024, 15:16: PM

CBSE 12-commerce - Maths

please provide a solution

Asked by ajayc1388 | 10 Jun, 2024, 11:40: AM

CBSE 12-commerce - Accountancy

accounting for partnership firms

Asked by jha23221 | 03 Jun, 2024, 07:08: AM

CBSE 12-commerce - Accountancy

Solve the question in steps

Asked by varshamekala92 | 02 Jun, 2024, 11:15: AM

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