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CBSE Class 12 Commerce Free Doubts and Solutions

CBSE - XII Commerce - Accountancy

What is partnership? Define any two features.

Asked by deepamonidas1234 21st September 2023, 9:14 PM

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CBSE - XII Commerce - Maths

9C2×7C3

Asked by darshanasharma0409 21st September 2023, 6:07 PM

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CBSE - XII Commerce - Maths

True discount on present value Rs.200 for 2 years @4^1/2 is what

Asked by routdebasmita900 13th August 2023, 10:43 AM

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CBSE - XII Commerce - Accountancy

MAKE TRADING AND P&L A/C AND BALANCE SHEET

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Asked by namrata12233 20th July 2023, 7:21 PM

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CBSE - XII Commerce - Business Studies

Which course is better b. Com computers or b. Come honors.

Asked by kollojukrishnavamshi183 9th July 2023, 6:11 PM

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CBSE - XII Commerce - Macroeconomics

(A) On the basis of the given data, estimate the value of Domestic Income: S. No. Items Amount (in crore) i. Household Consumption Expenditure 600 ii. Gross Fixed Capital Formation 200 Change in stock 40 IV. Government Final Consumption Expenditure 200 V. vi. Net Exports Net Indirect Taxes (-)40 120 vii. Net Factor Income From Abroad Consumption of Fixed Capital 20 VIII. 40 B) Explain the following terms:- I. Externalities II. Operating Surplus III. Consumption Goods

Asked by navendukumar0994 18th June 2023, 11:59 AM

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CBSE - XII Commerce - Accountancy

X and Y are partners with capital of Rs.2,00,000 and Rs.3,00,000 respt. Their appears reserves of Rs.50,000 in their books. Normal rate of return is 20%. Calculate value of goodwill for 5 years purchase of super profit, if firm earned Rs.122,000, There was a fire in the godown of the business, from which they suffer loss of Rs.3,000.

Asked by harleenkaurcheema01 14th June 2023, 12:42 PM

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CBSE - XII Commerce - Business Studies Part I

Nine persons P, Q, R, S, T, U, V, W and X live on different floors of a 9-storey building. The bottommost floor is numbered 1 and the topmost floor is numbered 9. Each of these persons work in a company and has different designation (from senior to junior), the order is A1, A2, A3, A4, A5, A6, A7, A8 and A9. They live in the same order from 9th to 1st floor i.e. A1 lives on 9th floor while A9 lives on 1st floor. Three of them like different colors (Green, Orange and Blue). At least three persons live between those who like colors. Person, who likes green, lives three floors above U. Three persons live between U and S. R lives two floors above S. P lives three floors above W, who doesn't like any color. Q lives above T, but Q is not A1. T doesn't like any color. At least two persons are junior to X. V doesn't like blue.

Asked by mahikaag0401 8th June 2023, 8:18 PM

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CBSE - XII Commerce - Accountancy

Lulu Lime Ltd, a wholesaler of fruit products, has provided the following accounts for the financial period ending 30 June 2022: Accounts Amount Accounts Payable 54000 Accounts Receivable 48000 Accumulated Depreciation: Office Equipment ? Accumulated Depreciation: Shop Fittings ? Advertising Expense 42000 Capital 934500 Bank overdraft 150000 Cost of Sales 780000 Court Fees Payable (due in June 2025) 15000 Depreciation expense – Office Equipment ? Depreciation expense – Shop Fittings ? Land 487500 Mortgage payable (due in May 2024) 75000 Office Equipment 202500 Prepaid Insurance 12000 Rent Expense 18000 Sales Revenue 900000 Shares in ABC Ltd 31500 Shop Fittings 480000 Utilities Expense 27000 Required: 1. Lulu Lime Ltd purchased Office Equipment for $720,000 on 1 July 2021. The Office Equipment is depreciated using the straight-line method with a useful life of 5 years and no residual value. How much is the depreciation expense for Office Equipment as of 30 June 2022? Show calculation. 2. On 1 July 2021, Lulu Lime Ltd also purchased Shop Fittings for $960,000. The Shop Fittings are depreciated using the reducing balance method, and estimated that the value would reduce at 25%. How much is the depreciation expense for Shop Fittings in the first year? Show calculation. 3. Prepare the statement of financial performance for Lulu Lime Ltd as of 30 June 2022, including Gross Profit/Loss and Net Profit/Loss. 4. You are preparing the statement of financial performance of Lulu Lime Ltd for the year ending 30 June 2023. How much is the accumulated depreciation for both Office Equipment and Shop Fitting? Show calculation.

Asked by NKR2705 6th June 2023, 2:51 PM

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CBSE - XII Commerce - Maths

2+5×6

Asked by grdsagar97 3rd June 2023, 11:07 AM

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