We use cookies to improve your experience and understand how Examtube is used. You can accept analytics cookies or continue with essential cookies only.
Privacy policy3 public questions tagged with this topic.
₹3,00,000 company accounts correct; share issue forfeiture pro-rata per Companies Act.
Ref: NCERT Accountancy Class XII Chapter 6 Company Accounts explains company formation share capital issue accounting treatment Companies Act 2013 provisions.
4.5 months partnership correct; deed provisions interest capital drawings as per Act.
Ref: NCERT Accountancy Class XII Chapter 2 Partnership Accounts explains partnership deed interest capital drawings profit appropriation guarantee provisions.
Subscription 2017 = 245000-20000-15000+19000+18400=247400; accrual basis calculation correct.
Ref: NCERT Accountancy Class XII Chapter 1 Not-for-Profit Organisation explains receipt payment income expenditure account subscription calculation treatment.
This page is supported by advertisements. An ad blocker is stopping those ads from loading, so we cannot show the rest of the page yet. Pause the blocker for this site, then continue. We will check again automatically.
You can keep using this site after advertisements are allowed to load.
