CBSE (Central Board of Secondary Education- Board Exam) Class-12 Accountancy: Questions 59 - 64 of 209

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Question number: 59

» Cash Flow Statement

One Liner Question▾

Write in Brief

Dividend bu a manufacturing company is classified under which kind of activity while preparing the Cash Flow Statement.

Question number: 60

» Accounting for Partnership Firms » Partnership

One Liner Question▾

Write in Brief

What is the status of partnership from an accounting viewpoint?

Question number: 61

» Analysis of Financial Statements » Profitability Ratios

Short Answer Question▾

Write in Short

From the following information calculate any two of the following ratios

(i) Net Profit Ratio

(ii) Debt-Equity Ratio

(iii) Quick Ratio

information to calculate ratios

data is given to calculate np ratio, debt-equity ratio and quick ratio

Particulars

Rs.

Paid up Capital

20,00,000

Capital Reserve

2,00,000

9 % Debentures

8,00,000

Net Sales

14,00,000

Gross Profit

8,00,000

Indirect Expenses

2,00,000

Current Assets

4,00,000

Current Liabilities

3,00,000

Opening Stock

50,000

Closing Stock: 2 % more than opening stock.

Question number: 62

» Accounting for Partnership Firms » Reconstitution and Dissolution » Retirement and Death of a Partner

One Liner Question▾

Write in Brief

Give the formula for ‘calculating gaining share’ of a partner in a partnership firm.

Question number: 63

» Accounting for Companies » Accounting for Share Capital » Share and Share Capital

One Liner Question▾

Write in Brief

Give the meaning of ‘minimum subscription’.

Question number: 64

» Accounting for Companies » Accounting for Debentures » Redemption of Debentures

Short Answer Question▾

Write in Short

Rs. 12,00,000,8 % debentures were converted into equity shares of Rs. 100 each issued at a premium of Rs. 25 per share and the balance by converting them into 8 % preference shares of Rs. 100 each issued at a discount of Rs. 10 per shares.

Dhyey Ltd. redeemed Rs. 30,00,000,8 % debentures issued at a premium of 5 % as follows:

Pass the Journal entries.

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