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CBSE Class 12 Accountancy HOTs Dissolution Of Partnership Firm Set B

AccountancyCBSE Class 12 Accountancy HOTs Dissolution Of Partnership Firm Set BLearning ObjectivesAfter Studying this unit, the students will be able to understand: *Meaning of Dissolution *...

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CBSE Class 12 Accountancy HOTs Admission Of A Partner Set A

AccountancyCBSE Class 12 Accountancy HOTs Admission Of A Partner Set AAdmission Of A PartnerQ.1 On what occasions does the need for valuation of goodwill arise? Q.2 Why is it necessary to revalue...

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CBSE Class 12 Accountancy HOTs Dissolution of A partnership firm Set A

AccountancyCBSE Class 12 Accountancy HOTs Dissolution of  A partnership firm Set ADissolution of  A partnership firmQ.1 Distinguish between dissolution of partnership and dissolution of partnership...

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CBSE Class 12 Accountancy HOTs Retirement Of A partner Set A

AccountancyCBSE Class 12 Accountancy HOTs Retirement Of A partner Set ARetirement Of A partner Q.1 Distinguish between Sacrificing Ratio and Gaining Ratio. Q.2 Kamal, Kishore and Kunal are partners in...

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CBSE Class 12 Accountancy HOTs Accounting for Not-for- Profit Organisation Set A

AccountancyCBSE Class 12 Accountancy HOTs Accounting for Not-for- Profit Organisation Set A1. “ A non profit organisation follows hybrid system of accounting. Do you agree with this.Ans.Yes. A non...

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CBSE Class 12 Accountancy HOTs Partnership-Basic Concepts Set A

AccountancyCBSE Class 12 Accountancy HOTs Partnership-Basic Concepts Set A1 Aby and Anu are partners sharing profits in the ratio of 4:1. Their capital a/c balances are Aby : 4,00,000, Anu : 5,00,000...

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CBSE Class 12 Accountancy HOTs Admission Of A Partner Set C

AccountancyCBSE Class 12 Accountancy HOTs Admission Of A Partner Set C1. On 01.01.2005 Ravi and Mathew started partnership with the following, in the ratio of 2 : 1 which is there profits sharing ratio...

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CBSE Class 12 Accountancy HOTs Retirement Of A partner Set C

AccountancyCBSE Class 12 Accountancy HOTs Retirement Of A partner Set C 1. Thomas, Biju  and Sunil were partners  sharing profits in the ratio of 3:2:1 with a capital balance of Rs. 1,00,000, Rs....

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CBSE Class 12 Accountancy HOTs Dissolution Of Partnership Firm Set C

AccountancyCBSE Class 12 Accountancy HOTs Dissolution Of Partnership Firm Set C1. You are given the following particularsFurniture of book value of Rs. 10,000Loss on sale - Rs. 2,000If it had been...

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CBSE Class 12 Accountancy HOTs Accounting For Share Capital and Debenture Set C

AccountancyCBSE Class 12 Accountancy HOTs Accounting For Share Capital and Debenture Set C1. Choose the correct answer.Q.(i) In order to perform obligations under the scheme of buy back of shares, a...

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CBSE Class 12 Accountancy HOTs Issue And Redemption of Debentures

AccountancyCBSE Class 12 Accountancy HOTs Issue And Redemption of DebenturesQ. 1. Sun Ltd. issued 1000 8% debentures of Rs. 1000 each as  fully paid  to Star Ltd. as consideration for a machinery...

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CBSE Class 12 Accountancy HOTs Financial Statements of a Company

AccountancyCBSE Class 12 Accountancy HOTs Financial Statements of a CompanyQ.1. Describe the general requirements of the Companies Act 1956 for the preparation and presentation of Balance Sheet of a...

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CBSE Class 12 Accountancy HOTs Analysis of Financial Statement Set C

AccountancyCBSE Class 12 Accountancy HOTs Analysis of Financial Statement Set C1. Which of the following analysis helps a company to stop selling goods on account to its customers. (a) Debit analysis...

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CBSE Class 12 Accountancy HOTs Accounting Ratios

AccountancyCBSE Class 12 Accountancy HOTs Accounting Ratios1. (a) Why do the suppliers of goods arrive at various ratios from the financial statements? Explain. Accounting Ratios  analysing  the...

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CBSE Class 12 Accountancy Partnership Fundamentals VBQs

AccountancyCBSE Class 12 Accountancy Partnership Fundamentals VBQs1. A,B and C are partners sharing profits in the ratio 3:2:1 and contribute capital ₹1,00,000; ₹ 80,000 and 60,000 respectively. Profit...

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CBSE Class 12 Accountancy Reconstitution of Partnership VBQs

AccountancyCBSE Class 12 Accountancy Reconstitution of Partnership VBQsQ.1. A & B are partners sharing profits in the ratio 1:1. C wants to join their firm as it enjoys a good reputation in the...

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CBSE Class 12 Accountancy Dissolution of Partnership Firms VBQs

AccountancyCBSE Class 12 Accountancy Dissolution of Partnership Firms VBQs1. Following is the Balance Sheet of X and Y, who share profits and losses in the ratio of 4:1, as at 31st March, 2011:The firm...

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CBSE Class 12 Accountancy Company Account Issue of Debentures VBQs

AccountancyCBSE Class 12 Accountancy Company Account – Issue of Debentures VBQs1.Board of Directors of Pearl Global Industries Ltd wants to start a new unit at a remote area Assam.The new unit can be...

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CBSE Class 12 Accountancy Analysis of Financial Statements VBQs

AccountancyCBSE Class 12 Accountancy Analysis of Financial Statements VBQs1. Borrowing cost is in par with Rate of return.Still companies prefer to raise funds through borrowings and not through Share...

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CBSE Class 12 Accountancy Accounting For Partnership Firms MCQs Set A

Accountancy Question: For transfer of Profit from Profit and Loss Appropriation account to Reserve account, which account to be crediteda) Reserve Accountb) Profit and Loss Appropriation accountc)...

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