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Class 11&12 - Commerce

Class 11&12 - Commerce

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Bank creates credit
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High …… gives a warning to the government either to cut its expenditure or increase its tax receipts.
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PRESENTING A NEW GRAND OPENING OF PW PREMIUM 3D LECTURE'S CHANNEL
PRESENTING A NEW GRAND OPENING OF PW PREMIUM 3D LECTURE'S CHANNEL

journalise the following Q1 RAM SOLD GOODS WORTH RS 1 LAKH TO RAHIM , HALF OF IT'S PAYMENT WAS RECEIVED IMMEDIATELY Q2 ARIHANT SOLD GOODS WORTH RS 1 LAKH 20 THOUSAND TO VISHNU AND VISHNU PROMISED TO PAY 1/3rd OF THE SALES AMOUNT IN FUTURE AND REST IMMEDIATELY Q3 AMAN SOLD GOODS WORTH RS 2 LAKH TO BHOLI 60% OF THE PAYMENT WAS RECEIVED IMMEDIATELY INTO THE A/C 30% OF THE BALANCE AMOUNT WAS RECEIVED IN CASH IMMEDIATELY AND THE BALANCE IN FUTURE Q4 RAHUL SOLD GOODS WORTH RS 50000 TO ANIL @ 10% TRADE DISCOUNT AND 1% CASH DISCOUNT. PAYMENT WAS MADE IMMEDIATELY BY ANIL

Positive statements are not necessarily the statement of truth but are verifiable for truth
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Which of the following is not an advantage of sole proprietorship
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When was the bill passed in parliament to amend the Hindu succession act
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For formation of joint hindu family business there must be
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According to Section 464 of companies act 2013 , maximum number of partners to form a partnership firm are
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Which of the following is not a right of newly admitted partner?
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…… goodwill is the excess of desired total capital of firm over the actual combined capital of all partners.
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The accumulated profits and reserves are transferred to _______
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At the time of dissolution of partnership firm, journal entry for the settlement of loan advanced by the firm to a partner would be
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If the purchase consideration is more than net worth, then which account will be debited for the difference amount?
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Balance of share forfeiture account is shown in the balance sheet under the item
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……… of a new partner results in reconstitution of the firm.
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Realisation account is prepared at the time of …… .
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Shareholders receive ……… from the company as a benefit against their investment.
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