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CBSE Class 12 Commerce Accountancy Free Doubts and Solutions

CBSE - XII Commerce - Accountancy

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Asked by sahabsinghyadav280 14th May 2024, 1:30 PM

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CBSE - XII Commerce - Accountancy

26 Fundamentals of Nama (Vol (19) The accounting year of a firm commences on 1st April. Partner A has withdrawn a uniform amount at the beginning of every month from November 1. If the total withdrawal is ₹2,400, calculate the interest on the withdrawal at 12% per annum.

Asked by riyanprajapati308 7th May 2024, 5:01 PM

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CBSE - XII Commerce - Accountancy

Amit and Sumit are partners with a capital of Rs.2,00,000 and Rs.1,50,000 respectively. The net profit for the year endings 31st March, 2020 amounted to Rs. 2,51,750 before considering the followings: (i) Amit advanced loan to the firm amounting 1,00,000 on 1st April, 2019. (ii) Interest on capital be allowed @5% p.a. (iii) Interest on drawing be allowed @ 5% p.a. Drawings of Amit was Rs. 40,000 and of Sumit was Rs.30,000. (iv) Amit was allowed commission @2% on sales which was 15,00,000 while Sumit was allowed commission @ 10% on distributable profit before charging his commission but after charging Amit's commission. (v) It was also decided to keep 10% of divisible profit to Reserve Account. Prepare Profit and Loss Appropriation Account.

Asked by s9794891622 7th May 2024, 11:56 AM

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CBSE - XII Commerce - Accountancy

solution

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Asked by ritatandon76 5th May 2024, 9:50 PM

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CBSE - XII Commerce - Accountancy

10,000 paid by cash to furniture house on rest amount is settled paid by bank give right entry

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Asked by matiurkingfreefire 5th May 2024, 11:41 AM

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CBSE - XII Commerce - Accountancy

sales to pawan ₹20,000 posted to his account as ₹2000

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Asked by savithamurugesan1111 29th April 2024, 8:26 AM

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CBSE - XII Commerce - Accountancy

ab and c

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Asked by lakshitapipal 26th April 2024, 9:08 PM

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CBSE - XII Commerce - Accountancy

solve the problem

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Asked by aayujaiswal990 16th April 2024, 10:58 AM

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CBSE - XII Commerce - Accountancy

how the intrest on drawing is calculated in this question

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Asked by www.vishnupriya2005 14th April 2024, 9:22 AM

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CBSE - XII Commerce - Accountancy

x ltd forfeited

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Asked by rawatraj88427 21st March 2024, 2:21 PM

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