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17. Vani and Veena are partners sharing profits and losses in the ratio of 32. Th Balance Sheet as on 31.03.2017 was as follows:Balance Sheet as on 31.03.2017Rs40,000AssetsCash at Bank15,000 StockDebtorsFurniture60,000 Machinery40,000 Goodwill155,000LiabilitiesnotionsReserveCapital00024,00030.00020.00060,000 15,000155.000Vani VeenOn 01.04.2017, they admit Rani as new partner into partnership on following Conditions:al Rani is to bring in ? 30,000 as capital and offer 1/6 share in future pro b) Goodwill of the firm valued at 25,000c) Machinery is appreciated by 10% and stock is reduced by 10%d) Furniture revalued at 18.000 and investments worth ? 2,000 isrecorded in the books, now it is to be taken into account. e) PDD is created at 5% on debtors.Prepare: il Revaluation Accountfi) Partners' Capital Accounts &iti) New Balance Sheet of the firm. |
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Answer» Explanation: German: [ˈalbɛʁt ˈʔaɪnʃtaɪn] (About this soundlisten); 14 March 1879 – 18 April 1955) was a German-born theoretical physicist[5] who developed the theory of relativity, one of the two pillars of modern physics (alongside quantum mechanics).[3][6] His work is also known for its influence on the philosophy of science.[7][8] He is best known to the general public for his mass–energy equivalence formula E = mc2, which has been dubbed "the world's most famous equation".[9] He received the 1921 Nobel Prize in Physics "for his services to theoretical physics, and ESPECIALLY for his discovery of the law of the photoelectric effect",[10] a pivotal step in the development of quantum theory. Albert Einstein Einstein 1921 by F Schmutzer - restoration.jpg Einstein in 1921 Born 14 March 1879 Ulm, Kingdom of Württemberg, German Empire Died 18 April 1955 (aged 76) Princeton, New Jersey, United States Citizenship Kingdom of Württemberg, part of the German Empire (1879–1896)[note 1] Stateless (1896–1901) Switzerland (1901–1955) Austria, part of the Austro-Hungarian Empire (1911–1912) Kingdom of Prussia, part of the German Empire (1914–1918)[note 1] Free State of Prussia (Germany, 1918–1933) United States (1940–1955) Education Federal Polytechnic School in Zurich (Federal teaching diploma, 1900) University of Zurich (PhD, 1905) Known for General relativity Special relativity Photoelectric effect E=mc2 (Mass–energy equivalence) E=hf (PLANCK–Einstein relation) Theory of Brownian motion Einstein FIELD equations Bose–Einstein statistics Bose–Einstein condensate Gravitational wave Cosmological constant Unified field theory EPR paradox Ensemble interpretation List of other concepts Spouse(s) Mileva Marić (m. 1903; div. 1919) Elsa Löwenthal (m. 1919; died[1][2] 1936) Children "Lieserl" Einstein Hans Albert Einstein Eduard "Tete" Einstein Awards Barnard Medal (1920) Nobel Prize in Physics (1921) Matteucci Medal (1921) ForMemRS (1921)[3] Copley Medal (1925)[3] Gold Medal of the Royal Astronomical Society (1926) Max Planck Medal (1929) Member of the National ACADEMY of Sciences (1942) Time Person of the Century (1999) |
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