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CBSE Class 12 Commerce Free Doubts and Solutions

CBSE - XII Commerce - Accountancy

On April 1st 2013  10 percent debenture ( redeemable on 31st March 2015 ) 3000000 DRR 500000 interest @ 8 percent

Asked by Shilagurjar2017 19th February 2019, 9:41 PM
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CBSE - XII Commerce - Accountancy

how to calculate the amount to be transfered to capital reserve  

Asked by shirley.jason 19th February 2019, 10:43 AM
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CBSE - XII Commerce - Accountancy

9. From the following Balance Sheets and information of Volvo Ltd. Prepare Cash Flow Statement: Particulars Note No. 31st March, 2017(`) 31st March, 2016(`) I. EQUITY AND LIABILITIES 1. Shareholders’ Funds (a) Share Capital 1 2,25,000 2,50,000 (b) Reserves and Surplus 2 1,27,500 50,000 2. Non – Current Liabilities Long – term Borrowings 1,00,000 50,000 3. Current Liabilities (a) Trade Payables 72,500 35,000 (b) Short-term Provisions (Proposed Dividend on Preference Shares) 6,000 12,000 (c) Other Current Liabilities – Premium on Redemption of Debentures 2,500 5,000 Total 5,33,500 4,02,000 II. ASSETS 1. Non – Current Assets (a) Fixed Assets – Tangible Assets 3,10,000 2,55,000 (b) 10% Investments 40,000 15,000 CBSE XII |ACCOUNTANCY MOST IMPORTANT QUESTIONS www.topperlearning.com 13 2. Current Assets (a) Current Investments 5,000 4,000 (b) Inventories 45,000 50,000 (c) Trade Receivables 3 92,500 45,000 (d) Cash and Cash Equivalents 4 41,000 33,000 Total 5,33,500 4,02,000 Notes to Accounts Particulars 31st March, 2017(`) 31st March, 2016(`) 1. Share Capital -----Equity Share Capital 1,75,000 1,50,000 -----12% Preference Share Capital 50,000 1,00,000 2,25,000 2,50,000 2. Reserves and Surplus ----General Reserve 10,000 15,000 ----Surplus, i.e., Balance in Statement of Profit and Loss 1,17,500 35,000 1,27,500 50,000 3. Trade Receivables ----Sundry Debtors 1,00,000 50,000 ----Less: Provision for Doubtful Debts 7,500 5,000 92,500 45,000 4. Cash and Cash Equivalents Cash in Hand 12,500 6,000 Cash at Bank 28,500 27,000 41,000 33,000 Additional Information: (i) A machine with a book value of `20,000 was sold for `12,500; (ii) Depreciation charge during the year was `35,000; (iii) Preference shares were redeemed on 31st March, 2017 at a premium of 5% (iv) An interim dividend of `5,000 was paid on equity shares on 31st march, 2017 out of General Reserve; (v) Fresh equity shares were issued on 31st March, 2017; and (vi) Additional investments were purchased on 31st march 2017.

Asked by rks13731056pk 19th February 2019, 12:17 AM
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CBSE - XII Commerce - Economics

When will be the notes of Indian economy after independence will be uploaded?

Asked by loveleen.choithram 18th February 2019, 11:51 PM

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CBSE - XII Commerce - Accountancy

answers for important question on your site are not shown for accounts kindly help us.

Asked by 123minakshiinegi 18th February 2019, 9:26 PM
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CBSE - XII Commerce - Accountancy

1st question  

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Asked by 123minakshiinegi 18th February 2019, 9:24 PM
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CBSE - XII Commerce - Economics

Sir , important questions of economics solution is not showing .kindly help to show

Asked by Vishal000saini 18th February 2019, 9:05 PM
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CBSE - XII Commerce - Accountancy

Important question ka solution post kariye

Asked by Baxy5076495 18th February 2019, 8:56 PM
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CBSE - XII Commerce - Economics

What is economic ?

Asked by akashtk172k 18th February 2019, 7:22 PM
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CBSE - XII Commerce - Accountancy

why do people purchase more at less price and less at high price?

Asked by subhalaxmi943 17th February 2019, 9:15 PM
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