| CLASS-12 ACCOUNTANCY (NCERT 2025-26 Solutions) |
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1. Accounting for partnership :Basic conceptsSolution:- 2. Anubha and Kajal are partners of a firm sharing profits and losses in the ratio of 2:1. Their capital, were Rs.90,000 and Rs.60,000. The profit during the year… 2.Reconstitution of partnership firm-Admission of PartnerSolution- Old profit sharing ratio of A and B = 3:2 C admitted for 1/6th share Remaining share would be shared by A and B their profit sharing ratio i.e. … 3.Reconstitution of partnership firm-Retirement /Death of partnerSolution:- Old Ratio of Aparna, Manisha and Sonia 3:2:1. Manisha retires New ratio of Aparna & Sonia = 3:2 Aparna gain = 3/5 – 3/6 = 18 -15 /30… 4.Dissolution of Partnership FirmThe actual amount of realisation expenses amounted to Rs.3,000. Solution:- 2. Record necessary journal entries in the following cases: Solution:- Journal 3. There was an old computer which was written-off… 7.Financial Statement of companySolution – 2. On April 1, 2017, Jumbo Ltd., issued 10,000; 12% debentures of Rs.100 each a discount of 20%, redeemable after 5 years. The company decided to write-off discount… 8.Analysis of Financial StatementsSolution – 2. Following are the Balance Sheets of Beta Ltd., as at March 31, 2016 and 2017. Prepare a Comparative Balance Sheet. Solution – 3. Prepare Comparative Statement of… 9.Accounting RatioParticulars ₹ Particulars ₹ Equity Share Capital Inventories Trade Receivables Advance Tax 8,00,000 1,00,000 1,20,000 24,000 Cash & Cash Equivalents Trade Payables Sort-term Borrowings (Bank Overdraft) 10% Investments 56,000 60,000… 10.Cash Flow StatementAns. 2. From the information given below you are required to calculate the cash paid for the inventory: Ans. 3. For each of the following transactions, calculate the resulting cash… |
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