CBSE Class-12 Accountancy: Questions 87 - 97 of 209

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Question number: 87

» Analysis of Financial Statements » Financial Statements of a Company

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Difference between receipt and payment account and trial balance?

Question number: 88

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

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Can a company issue share of discount? What conditions must a company comply with before the issue of such shares.

Question number: 89

» Accounting for Partnership Firms » Goodwill

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Name any two factors affecting goodwill of a partnership firm.

Question number: 90

» Accounting for Partnership Firms » Past Adjustments

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How would you calculate interest on drawing of equal amount drawn in the middle of every month?

Question number: 91

» Accounting for Partnership Firms » Goodwill

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Explain the treatment of goodwill in the books of a firm on the admission of a new Partner when goodwill already appears in the Balance sheet at its full value and the new partner brings his share of good will in cash.

Question number: 92

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

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ABC Ltd. redeemed 2000, 8 % debentures of Rs. 100 each which were issued at a discount of 5 % by converting them into equity shares Rs. 10 each issued at a premium of 25 % Journalise.

Question number: 93

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

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What is meant by retirement of a partner?

Question number: 94

» Accounting for Partnership Firms » Partnership

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Write any four main features of partnership.

Question number: 95

» Accounting for Partnership Firms » Goodwill

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What is hidden goodwill?

Question number: 96

» Accounting for Partnership Firms » Partnership

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Define partnership.

Question number: 97

» Analysis of Financial Statements » Financial Statements of a Company

One Liner Question▾

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Distinguish between Income and Expenditure Account and Receipt and Payment Account on the basis-of nature of items recorded therein.

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