Question 34 Chapter 6 of Class 12 Part – 1 Usha Publication 34. (Profit & Loss Adjustment A/c/Partner Capital A/c A B & C are partners , sharing profits and losses in the proportion of 1/2 : 1/3:1/6 and in Read More …
Question 33 Chapter 6 of Class 12 Part – 1 Usha Publication 33.( Revaluation A/c/Capital A/c/ Balance sheet ) E , F and G were partners sharing in 3 :1 : 1. Their balance sheet was as follows : Ads Read More …
Question 32 Chapter 6 of Class 12 Part – 1 Usha Publication 32.( Revaluation A/c/Capital A/c/ Balance sheet ) A, B and Care in partnership sharing profit in the ratio of 3:2:1. Their Balance Sheets on 31st December, 2018 was Read More …
Question 31 Chapter 6 of Class 12 Part – 1 Usha Publication 31. (Revaluation A/c/Capital A/c/Balance Sheet) A, B and C were in partnership, sharing profits and losses equally. On 1st April 2016, A retired, when the firm’s Balance sheet Read More …
Question 30 Chapter 6 of Class 12 Part – 1 Usha Publication 30. (Journal/Ledger A/c/Balance Sheet) A, B and C were partners sharing in 3:2:1. balance sheet was as under : Ads loading… Liabilities Rs. Assets Rs. Creditors 13,590 Cash Read More …
Question 29 Chapter 6 of Class 12 Part – 1 Usha Publication 29. (JLP A/c Closed) Joint life policy Rs. 35,000 and reserve against this appear in the Balance Sheet of A, B and C who share profits in 3 Read More …
Question 28 Chapter 6 of Class 12 Part – 1 Usha Publication 28. (Surrender Value of JLP given) X, Y and Z are partners in a firm. Surrender value Rs. 72,000 appears in the balance sheet. It was decided on Read More …
Question 27 Chapter 6 of Class 12 Part – 1 Usha Publication 27. (Surrender Value of JLP given) A, B, and C are partners in the 2:3:1 ratio They took a policy of Rs. 5,00,000 and paid an annual premium Read More …
Question 26 Chapter 6 of Class 12 Part – 1 Usha Publication 26. (Revaluation A/c) Prepare Revaluation Account of A, B and C on the retirement share of C . Their share in 6:3: 1 ratio.1. Unrecorded plant of Rs. Read More …
Question 25 Chapter 6 of Class 12 Part – 1 Usha Publication 25. (Revaluation Entries) Record the following in journal on the retirement of A, the firm decided :(a) To depreciate furniture on a straight-line basis @ 10% p.a. for Read More …