CBSE 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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