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Recent questions tagged partnership final accounts
+2
votes
1
answer
Mudit, Sudhir and Uday are partners in a firm sharing profits in the ratio of 3:1:1. Their fixed capital
asked
Apr 6, 2019
in
Class 12
by
kratos
isc
partnership final accounts
cbse
icse
accounting for partnership firms
class-12
+3
votes
1
answer
In the absence of partnership deed, partners are not entitled to receive.
asked
Apr 4, 2019
in
Class 12
by
kratos
partnership final accounts
class-12
accounting for partnership firms
accounting for partnership firms and companies
general introduction of partnership
+3
votes
1
answer
Which of the following is shown on credit side of trading account?
asked
Mar 26, 2019
in
Class 12
by
kratos
partnership final accounts
trial balance
cbse
class-11
class-12
+1
vote
1
answer
From the following information prepare the necessary adjustment accounts as they would appear in the General Ledger of Vatika Ltd.
asked
Mar 25, 2019
in
Class 12
by
kratos
reconstitution of partnership
dissolution of partnership firm
class-12
partnership final accounts
+1
vote
1
answer
Final Accounts are prepared: (a) At the end of calender year (b) At the beginning of the accounting year
asked
Mar 2, 2019
in
Class 12
by
kratos
partnership final accounts
cbse
financial statements
accounts of not for profit concerns
class-11
class-12
+2
votes
1
answer
Trial Balance is __________ : (a) an account (b) a statement
asked
Feb 22, 2019
in
Class 12
by
kratos
reconstitution of partnership
class-12
partnership final accounts
+2
votes
1
answer
Name any two example of ‘Provision’.
asked
Feb 14, 2019
in
Class 12
by
kratos
partnership final accounts
cbse
class-11
financial statements with adjustments
class-12
+1
vote
1
answer
Cash withdrawn from bank for personal use 11000.
asked
Feb 3, 2019
in
Class 12
by
kratos
partnership final accounts
class-11
books of prime entry
recording of transactions
subsidiary books
introduction to partnership
class-12
+1
vote
1
answer
From the following balance prepare a Trial Balance:
asked
Jan 31, 2019
in
Class 12
by
kratos
partnership final accounts
trial balance
class-11
single entry system
class-12
reconstitution of partnership
+2
votes
1
answer
What is Indirect expenses?
asked
Jan 26, 2019
in
Computer
by
kratos
final accounts of sole proprietors
partnership final accounts
financial statements
class-11
class-12
computerised accounting system-tally
+3
votes
1
answer
Interest on drawings is: a) Expenditure for the business b) Cost for the business c) Gain for the business d) None of the above
asked
Jan 17, 2019
in
Class 12
by
kratos
class-12
class-11
partnership final accounts
final accounts of sole proprietors
+1
vote
1
answer
Outstanding Subscription is shown on the ______ side of the Balance Sheet.
asked
Jan 12, 2019
in
Class 12
by
kratos
partnership final accounts
cbse
accounts of not for profit concerns
class-12
accounting for not for profit organisation
+1
vote
1
answer
What is Capital Profit?
asked
Jan 9, 2019
in
Class 12
by
kratos
reconstitution of partnership
analysis of financial statements
class-12
partnership final accounts
+2
votes
1
answer
Give three differences between Trading Account and Profit and Loss Account.
asked
Dec 30, 2018
in
Class 12
by
kratos
class-12
partnership final accounts
cbse
+3
votes
1
answer
Preliminary expenses are shown in the balance sheet under the head :-
asked
Dec 18, 2018
in
Class 12
by
kratos
class-12
partnership final accounts
cbse
+3
votes
1
answer
Name any two methods for calculation of interest on drawings.
asked
Dec 16, 2018
in
Class 12
by
kratos
class-12
partnership final accounts
introduction to partnership
+1
vote
1
answer
Rohit, Mohit and Sohit are partners sharing profit and losses in the ratio of 2:1:1.
asked
Dec 14, 2018
in
Class 12
by
kratos
dissolution of partnership firm
isc
partnership final accounts
icse
admission of partner
class-12
reconstitution of partnership
+1
vote
1
answer
Which of the following is not shown in profit and loss account?
asked
Dec 7, 2018
in
Class 12
by
kratos
partnership final accounts
issue and redemption of debentures
cbse
class-10
class-12
+1
vote
1
answer
What should be minimum number of person to firm a partnership?
asked
Dec 6, 2018
in
Class 12
by
kratos
dissolution of partnership firm
partnership final accounts
csat
class-11
indian industries
concept of business
class-12
+1
vote
1
answer
Excess of credit in Profit and Loss account is called: (a) Net profit (b) Net loss (c) ***** profit
asked
Nov 24, 2018
in
Class 12
by
kratos
ratio analysis
cash book
introduction to accounting
partnership final accounts
cbse
class-11
class-12
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