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Subject: Accountancy, asked on 27/6/22

Kindly answer this Q

Subject: Accountancy, asked on 24/6/22

(iv) if he acquires his share of profits as 7/32th from X and 1/32th by Y

Subject: Accountancy, asked on 24/6/22

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Subject: Accountancy, asked on 23/6/22

Difference between drawings and withdrawal of capital

Subject: Accountancy, asked on 23/6/22

Difference between net profit and distributed/divisible profit

Subject: Accountancy, asked on 23/6/22

Distinguish between profit and loss account and profit and loss appropriation account

Subject: Accountancy, asked on 23/6/22

Distinguish between charge against profit and appropriation of profit

Subject: Accountancy, asked on 21/6/22

Solve the question with given methods

Subject: Accountancy, asked on 21/6/22

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Subject: Accountancy, asked on 21/6/22

Solve the question

Subject: Accountancy, asked on 21/6/22

Provide the solution for the given solution

Subject: Accountancy, asked on 19/6/22

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Subject: Accountancy, asked on 19/6/22

Naina and Raina are partners in a firm sharing profits and losses in the ratio 3: 2. Raina was a manager who received a salary of ?5,000 per month in addition to a commission of 5% of net profit after charging such commission. Profit for the year is ?8,00,000 before charging salary. What will be the remuneration given to Raina?

Subject: Accountancy, asked on 19/6/22

Om and Ram are partners in a firm sharing profits and losses equally. With effect from 1 st April, 2019, they decided to share the profits in the ratio 3:2. On this date, they had a general reserve of 40,000 in their balance sheet. It is given that the General Reserve is not to be distributed. What will be the journal entry for the treatment of General Reserve?

Subject: Accountancy, asked on 19/6/22

Grey, Brown and Black are partners in a firm sharing profits and losses in the ratio 2: 3: 1. They decided to share their future profits and losses equally with effect from 1 st April, 2019. On this date, their Balance sheet showed furniture of 1,50,000. However, the same was overvalued by 50%. What will be the revised value of the furniture and how will you record it at the time of change in the profit-sharing ratio among the partners?

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