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CBSE - XII Commerce - Accountancy
2. The Capital of Shyamal on 1st April, 2015 was 1,18,700 and on 31st March, 2016 was 7 1,19,200. He further informs that during the year he gave a loan of 13,500 to his sister on private account and withdrew 1,300 per month for personal use. He also paid house rent at the rate of 1,100 per month and electricity charges at the per month from the business. During the year he sold his 7% Government Bonds of 12,000 at 2% rate of invested the amount in the business. Calculate the profit/loss of the business.
Asked by rishabhsinhagaya
28th April 2023,
10:38 PM
CBSE - XII Commerce - Accountancy
Profit and loss Appropriation account
Asked by dhurubkeshari
9th April 2023,
8:27 PM
CBSE - XII Commerce - Accountancy
Its admission of partnership qn ,picture attached
Asked by srthkgogia
1st April 2023,
9:18 PM
CBSE - XII Commerce - Accountancy
Anu and Babita are partners sharing profits in the ratio of 2:3. Their balance sheet shows machinery at ` 4,00,000, stock at ` 80,000 and debtors at ` 3,20,000. Chandrika is admitted and new profit sharing ratio is agreed at 6:9:5. Machinery is revalued at ` 3,40,000 and a provision is made for doubtful debts @ 2.5%. Anu’s share in loss on revaluation amounted to ` 20,000. Calculate revalued value of stock.
Asked by itsmemallu12
31st March 2023,
2:20 AM
CBSE - XII Commerce - Accountancy
How GST will calculate on buying and selling second hand cars e.g Mr A purchase second hand cars Rs.200000/- and he sell same car Rs.300000/- so which amount will be appliclabe for GST Please assit with references Thanks
Asked by nadeemqureshi43
22nd February 2023,
5:20 PM
CBSE - XII Commerce - Accountancy
Q1A B and C were partners sharing profits in the ratio of their Capital contribution which were Rs 6,00,000; Rs 4,00,000 and it 5,00,000 respectively. Their books are closed on 31s March every year. A on 24th Augus: 2020. Under the partners p de deceased partner is entitled to his share of profit/loss to the date of based on the average profits of preceding three year Profits were 2017 R$15,000,2018 Rs 25,000 (Loss) 2019 Rs
Asked by kd3104149
8th February 2023,
3:27 PM
CBSE - XII Commerce - Accountancy
The Quick ratio of X Ltd. is 1.2: 1. What will be the effect of the following transaction on Quick Ratio? (Increase/decrease or not change the Quick Ratio) Purchased goods worth ₹40,000 and accepted a bill of exchange for two months
Asked by gv6164858
5th February 2023,
5:24 PM
