MOST IMPORTANT QUESTIONS Class XII Accounts Board 2025 скачать в хорошем качестве

MOST IMPORTANT QUESTIONS Class XII Accounts Board 2025

MOST IMPORTANT QUESTIONS Class XII Accounts Board 2025 instagram Link: https://www.instagram.com/manojsharma... 1. A company forfeited certain number of shares of Face Value 10 each, for non-payment of final call money of ₹4. These shares were reissued at a 'discount of 5 and amount of 4,500 was transferred to Capital Reserve Account. Pass the necessary journal entries to show the above transactions and prepare Share forfeited account. 2. . A, B and C were partners sharing profits, and losses in the ratio of 2:2:1. C died on 1st July, 2023 on which date the capitals of A, B and C after all necessary adjustments stood at ₹74,000, ₹63,750 and 42,250 respectively. A and B continued to carry on the business for six months without settling the accounts of C. During the period of six months from 1-7-2023, a profit of ₹20,500 is earned using the firm's property. State which of the two options available u/s 37 of the Indian Partnership Act, 1932 should be exercised by executors of C and why? 3. b) From the following information calculate the Cash from Investing Activities Particulars 31 March 2023 ₹ 31 Alach 2024 Machinery (Cost) 20,00,000 28,00,000 Accumulated Depreciation 4,00,000 6,50,000 Additional Information: (i) Machinery costing ₹50,000 (Book Value ₹40,000) was lost by fire and insurance claim of ₹32,000 was received. (ii) Depreciation charged during the year was 3,50,000. (iii) A part of Machinery costing ₹2,50,000 was sold at a loss of ₹20,000.