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Gini, Bini and Mini were in partnership sharing profits and losses in the ratio of 5:2:2. Their Balance Sheet as at 31st March, 2021 was as follows:
Education Blogs
Gini, Bini and Mini were in partnership sharing profits and losses in the ratio of 5:2:2. Their Balance Sheet as at 31st March, 2021 was as follows:

Gini, Bini and Mini were in partnership sharing profits and losses in the ratio of 5:2:2. Their Bal…

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Youth Ltd. took a loan of ₹ 15,00,000 from State Bank of India against the security of tangible assets. In addition to principal security, it issued 10,000 11% debentures of ₹ 100 each as collateral security. Pass necessary journal entries for the above transactions, if the company decided to record the issue of 11% debentures as collateral security and show the presentation in the Balance Sheet of Youth Ltd.
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Youth Ltd. took a loan of ₹ 15,00,000 from State Bank of India against the security of tangible assets. In addition to principal security, it issued 10,000 11% debentures of ₹ 100 each as collateral security. Pass necessary journal entries for the above transactions, if the company decided to record the issue of 11% debentures as collateral security and show the presentation in the Balance Sheet of Youth Ltd.

Youth Ltd. took a loan of ₹ 15,00,000 from State Bank of India against the security of tangible ass…

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Vedesh Ltd. purchased a running business of Vibhu Enterprises for a sum of ₹ 12,00,000. Vedesh Ltd. paid ₹ 60,000 by drawing a promissory note in favour of Vibhu Enterprises., ₹1,90,000 through bank draft and balance by issue of 8% debentures of ₹ 100 each at a discount of 5%. The assets and liabilities of Vibhu Enterprises consisted of Fixed Assets valued at ₹ 17,30,000 and Trade Payables at ₹ 3,20,000. You are required to pass necessary journal entries in the books of Vedesh Ltd.
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Vedesh Ltd. purchased a running business of Vibhu Enterprises for a sum of ₹ 12,00,000. Vedesh Ltd. paid ₹ 60,000 by drawing a promissory note in favour of Vibhu Enterprises., ₹1,90,000 through bank draft and balance by issue of 8% debentures of ₹ 100 each at a discount of 5%. The assets and liabilities of Vibhu Enterprises consisted of Fixed Assets valued at ₹ 17,30,000 and Trade Payables at ₹ 3,20,000. You are required to pass necessary journal entries in the books of Vedesh Ltd.

Vedesh Ltd. purchased a running business of Vibhu Enterprises for a sum of ₹ 12,00,000. Vedesh Ltd.…

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Following information is given by Alchemy Medical College, Library department for the year 2020-21.
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Following information is given by Alchemy Medical College, Library department for the year 2020-21.

Following information is given by Alchemy Medical College, Library department for the year 2020-21.…

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From the following information given by Modern Dance Academy, calculate the amount of Subscription received during the year 2020- 21. (i) Subscription credited to Income & Expenditure A/c for the year ending 31st March ,2021 amounted to ₹3,00,000 and each member is required to pay an annual subscription of ₹ 3,000. (ii)Subscription in arrears as on 1st April 2020 amounted to ₹ 16,000. (iii) During the year 2020-21, 10 members made partial payment of ₹26,000 towards subscription, 8 members failed to pay the subscription amount and 5 members paid the subscription amount for the year2021-22. (iv) During the year 2019-20, 12 members paid the subscription amount for the year 2020-21.
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From the following information given by Modern Dance Academy, calculate the amount of Subscription received during the year 2020- 21. (i) Subscription credited to Income & Expenditure A/c for the year ending 31st March ,2021 amounted to ₹3,00,000 and each member is required to pay an annual subscription of ₹ 3,000. (ii)Subscription in arrears as on 1st April 2020 amounted to ₹ 16,000. (iii) During the year 2020-21, 10 members made partial payment of ₹26,000 towards subscription, 8 members failed to pay the subscription amount and 5 members paid the subscription amount for the year2021-22. (iv) During the year 2019-20, 12 members paid the subscription amount for the year 2020-21.

From the following information given by Modern Dance Academy, calculate the amount of Subscription …

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Suresh, Ramesh and Tushar were partners of a firm sharing profits in the ratio of 6:5:4. Ramesh retired and his capital after making adjustments on account of reserves, revaluation of assets and reassessment of liabilities stood at ₹ 2,50,400. Suresh and Tushar agreed to pay him ₹ 2,90,000 in full settlement of his claim. Pass necessary journal entry for the treatment of goodwill. Show workings clearly.
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Suresh, Ramesh and Tushar were partners of a firm sharing profits in the ratio of 6:5:4. Ramesh retired and his capital after making adjustments on account of reserves, revaluation of assets and reassessment of liabilities stood at ₹ 2,50,400. Suresh and Tushar agreed to pay him ₹ 2,90,000 in full settlement of his claim. Pass necessary journal entry for the treatment of goodwill. Show workings clearly.

Suresh, Ramesh and Tushar were partners of a firm sharing profits in the ratio of 6:5:4. Ramesh ret…

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Distinguish between ‘Dissolution of Partnership’ and ‘Dissolution of Partnership Firm’ based on: (i) Settlement of assets and liabilities (ii) Economic relationship
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Distinguish between ‘Dissolution of Partnership’ and ‘Dissolution of Partnership Firm’ based on: (i) Settlement of assets and liabilities (ii) Economic relationship

Distinguish between ‘Dissolution of Partnership’ and ‘Dissolution of Partnership Firm’ based on: (i…

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Following information has been provided by M/s Achyut Health Care. You are required to calculate the amount of medicines consumed during the year 2020-21:
Education Blogs
Following information has been provided by M/s Achyut Health Care. You are required to calculate the amount of medicines consumed during the year 2020-21:

Following information has been provided by M/s Achyut Health Care. You are required to calculate th…

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Accountancy NCERT SAMPLE QUESTION PAPER-SEMESTER-II Code (055) 2021-2022 Class XII
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Accountancy NCERT SAMPLE QUESTION PAPER-SEMESTER-II Code (055) 2021-2022 Class XII

1. Following information has been provided by M/s Achyut Health Care. You are required to calculate…

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Chapter 12 – Atoms Questions and Answers: NCERT Solutions for Class 12 Physics
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Chapter 12 – Atoms Questions and Answers: NCERT Solutions for Class 12 Physics

Class 12 Physics NCERT book solutions for Chapter 12 - Atoms Questions and Answers.

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CASE STUDY: MIRAGE IN DESERTS
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CASE STUDY: MIRAGE IN DESERTS

CASE STUDY: MIRAGE IN DESERTS ANS 12. (a) Ans (i) Refraction, Total internal reflection (b) (c) Ans…

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(a) "If the slits in Young's double slit experiment are identical, then intensity at any point on the screen may vary between zero and four times to the intensity due to single slit". Justify the above statement through a relevant mathematical expression. (b) Draw the intensity distribution as function of phase angle when diffraction of light takes place through coherently illuminated single slit.
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(a) "If the slits in Young's double slit experiment are identical, then intensity at any point on the screen may vary between zero and four times to the intensity due to single slit". Justify the above statement through a relevant mathematical expression. (b) Draw the intensity distribution as function of phase angle when diffraction of light takes place through coherently illuminated single slit.

(a) "If the slits in Young's double slit experiment are identical, then intensity at any point on t…

komal
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