Lecture No. 36 Partnership - Fundamental - Past Adjustment -2
Jay Gulani : Class XII Fundamental of Partnership Accounting. This lecture covered Past Adjustment. Question discussed :
"Rishi, Shivam and Rudra are partners. Their capital were ` 12,000; ` 8,000 & ` 4,000 respectively. According to the partnership deed, they entitled to an interest on capital @ 5% p.a. In addition Shivam was also entitled to draw a salary of ` 2,400 anually. Rudra entitled to a commission of 5% on profit after charging inerest on capital but before charging Shivam's salary. The net profit for the year were ` 12,000 distributed in the ratio of capital without providing for any of the above adjustment. The profit were to be shared in the ratio of 5 : 3 : 2.
Pass necessary adjustment entry,showing the working clearly."
This lecture for these : Class 12 Accounts in hindi
Class 12 Accounts chapter 1
Class 12 Accounts questions
Class 12 Accounts video
Class 12 Accounts partnership
Fundamental of Partnership Class 12 Accounts [Part-1]
Видео Lecture No. 36 Partnership - Fundamental - Past Adjustment -2 канала Jay Gulani
"Rishi, Shivam and Rudra are partners. Their capital were ` 12,000; ` 8,000 & ` 4,000 respectively. According to the partnership deed, they entitled to an interest on capital @ 5% p.a. In addition Shivam was also entitled to draw a salary of ` 2,400 anually. Rudra entitled to a commission of 5% on profit after charging inerest on capital but before charging Shivam's salary. The net profit for the year were ` 12,000 distributed in the ratio of capital without providing for any of the above adjustment. The profit were to be shared in the ratio of 5 : 3 : 2.
Pass necessary adjustment entry,showing the working clearly."
This lecture for these : Class 12 Accounts in hindi
Class 12 Accounts chapter 1
Class 12 Accounts questions
Class 12 Accounts video
Class 12 Accounts partnership
Fundamental of Partnership Class 12 Accounts [Part-1]
Видео Lecture No. 36 Partnership - Fundamental - Past Adjustment -2 канала Jay Gulani
Accounts with Jay Gulani Jay Gulani Jaygulani jaigulani jai gulani Fundamental of Partnership Fundamental Accounts Class XII Interest on Drawings IOD CBSE XII Accountancy Baba Commerce CBSE 12th Accountancy Partnership partners partners accounts concept P/L Appropriation beginning of every month end of every month middle of every month Beginning of each quarter Middle of each quarter End of each quarter Interest on Capital Capital Ratio Past Adjustment
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1 апреля 2019 г. 13:41:14
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