Question 56 Chapter 1 VK Publications Class 12 Part 2 – 2021 56. The Silver Ore Co. Ltd. was formed on April 1, 2017 with an authorised capital of Rs . 6,00,000 in shares of Rs. 10 each. Of these Read More …
Question 55 Chapter 1 VK Publications Class 12 Part 2 – 2021 55. Unique Solutions Ltd. is a company with an authorised capital of Rs. 5,00,000 divided into 5,000 equity shares of Rs. 100 each. 2,500 shares were issued and Read More …
Question 54 Chapter 1 VK Publications Class 12 Part 2 – 2021 54. Prepare Statement of Profit and Loss from the following particulars:Revenue firom Operations Rs 5,00,000Expenses Rs. 3,00,000Other Income Rs. 1,00,000Income Tax 50% The solution of Question 54 Chapter Read More …
Question 53 Chapter 1 VK Publications Class 12 Part 2 – 2021 53. From the following intormation ot Ratna Ltd., prepare a Statement of Profit and Loss for the year ended 31st March, 2018:Revenue from operations Rs. 1,15,000, Commission Received Read More …
Question 52 Chapter 1 VK Publications Class 12 Part 2 – 2021 52. Calculate total revenue operation for the last year ended 31st March,2018 of MNO Finance Ltd. from the following information Miscellaneous Income Rs. 10,000, Interest on Loans Rs. Read More …
Question 51 Chapter 1 VK Publications Class 12 Part 2 – 2021 51. Present the following items in the Statement of Profit and Loss and calculate total revenue from operations of a manufacturing company from the following information for the Read More …
Question 50 Chapter 1 VK Publications Class 12 Part 2 – 2021 50. Which of the following will be included in the ‘Notes to Accounts on Other Expenses’:Building Rs. 8,00,000(i) Salaries (ii) Leave Encashment (iii) Rent of Godown(iv) Advertisement Expenses(v) Read More …
Question 49 Chapter 1 VK Publications Class 12 Part 2 – 2021 49. From the following information, prepare ‘Notes to Accounts on Depreciation and Amortisation’ in the books of accounts of Peaceful Ltd. for the year ended 31st March, 2018 Read More …
Question 48 Chapter 1 VK Publications Class 12 Part 2 – 2021 48. You are required to prepare ‘Notes to Accounts on Finance Cost’ from the following information of Castle Ltd.: (i) Interest paid on bank overdraft Rs. 45,000(ii) Interest Read More …
Question 47 Chapter 1 VK Publications Class 12 Part 2 – 2021 47. Z Ltd. made the following payments to its employees during the year ended 31st March2018:(i) Wages Rs. 3,20,000; (ii) Salaries Rs. 6,00,000; (iii) Leave Encashment Rs. 35,000, Read More …