Son debtors. Provision for legal damages is to be increased by Rs 1200 and furniture to be brought upto Rs 45000o Goodwill or the firm is valued at Rs 42000y R$ 26000 from B's capital account be transferred to his loan account and balance to be paid throughbank, if required, necessary loan may be obtained from bank.New profīt sharing ratio of A and C is decided to be 5:1Prepare Revaluation Account, Partners Capital Account and Balance sheet.PART - B(Analysis of Financial Statement)23. Proposed dividend is aliability24. Ir qurok rate is 3:1 and current liabilities are Rs 60,000, then quick asset will be1Rs 120.000b) Rs 30,000Rs 2.10.000Rs 1,80,00025. Ratio analysis and cash flow are used for in accounting126. The ... may indicate that the firm is experiencing stock outs and lost sales1a) Average payment period b) Average collection periode) Inventory turnover ratio d) Quick ratio27. Interest received is considered as which type of activity?128. The assets which can be realised in cash or from which further benefit can be derived,are known as fictitious assets. (True/False)129. Which of the following is not an item of sub-head other current liabilities in balance sheet?1a) Creditorsb) Outstanding expensesc) Advance incomed) Both (b) &(c)Calculate proprietary ratio, if total assets to debt ratio is 2:1. Debt is Rs 5,00,000. Equity share capital 0.5es of debt. Preference share capital is 25% of equity share capital. Net profit before tax is Rs 10,00.000rate of tax is 40%

Son debtors. Provision for legal damages is to be increased by Rs 12

1.	Son debtors. Provision for legal damages is to be increased by Rs 1200 and furniture to be brought upto Rs 45000o Goodwill or the firm is valued at Rs 42000y R$ 26000 from B's capital account be transferred to his loan account and balance to be paid throughbank, if required, necessary loan may be obtained from bank.New profīt sharing ratio of A and C is decided to be 5:1Prepare Revaluation Account, Partners Capital Account and Balance sheet.PART - B(Analysis of Financial Statement)23. Proposed dividend is aliability24. Ir qurok rate is 3:1 and current liabilities are Rs 60,000, then quick asset will be1Rs 120.000b) Rs 30,000Rs 2.10.000Rs 1,80,00025. Ratio analysis and cash flow are used for in accounting126. The ... may indicate that the firm is experiencing stock outs and lost sales1a) Average payment period b) Average collection periode) Inventory turnover ratio d) Quick ratio27. Interest received is considered as which type of activity?128. The assets which can be realised in cash or from which further benefit can be derived,are known as fictitious assets. (True/False)129. Which of the following is not an item of sub-head other current liabilities in balance sheet?1a) Creditorsb) Outstanding expensesc) Advance incomed) Both (b) &(c)Calculate proprietary ratio, if total assets to debt ratio is 2:1. Debt is Rs 5,00,000. Equity share capital 0.5es of debt. Preference share capital is 25% of equity share capital. Net profit before tax is Rs 10,00.000rate of tax is 40%
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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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