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tion:Unwanted pregnancies occur when the people INVOLVED are not USING condoms or HORMONAL birth control. Sexually transmitted diseases (STDS) are any infection that is transferred through blood, vaginal fluids, or semen during sexual ACTIVITY.

fit and Loss Adjustment Account (Revaluation Account), Capital Accounts of PARTNERS and opening BALANCE Sheet of the new firm are calculated below:Explanation:Given,Shyamlal and Sanjay were in partnership business sharing PROFITS and losses in the ratio of 2 : 3They admitted Shanker into partnership for 1/3rd shareCalculation of Premium for Goodwill:Sacrificing Ratio Shyamlal and Sanjay =2: 3Premium for Goodwill is to be distributed in Sacrificing ratio. Shyamlal Premium for Goodwill Sanjay Premium for Goodwill Calculation of Distribution of Profit:Distribution of Profit from Profit & Loss Adjustment A/c in old ratio Shyamlal Profit SanjayProfit

A journal ENTRY is the act of keeping or making RECORDS of any transactions either Economic or non economic. Transactions are listed in an accounting journal that SHOWS a company's DEBIT and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit.

aluation Account, Partners CAPITAL Accounts and the Balance SHEET of the reconstituted firm are calculated below:EXPLANATION:Given,Madhu and Vidhi sharing profits in the RATIO of 2 : 3 Their NEW profit-sharing ratio will be 2 : 3 : 5 after Gayatri became a partner.Calculation of Gayatri's Share of Goodwill Gayatri's share Calculation of Sacrificing Ratio The sacrificing ratio is calculated using the following formulaSacrificing Ratio = Old Ratio - New Ratio Madhu Vidhi

Profit and Loss Sharing also called PLS or "participatory" banking is a method of finance used by Islamic financial or Shariah-compliant INSTITUTIONS to comply with the religious prohibition on interest on loans that most Muslims subscribe to. Explanation:A, B, C are partners sharing profits and losses in the RATIO of 3 : 2 : 1 respectively

you have forgot to SHOW the balance SHEET MAKE sure you put the balance sheet in the question

Self-employed people, partners and PARTNERSHIPS are not required to submit formal accounts and balance SHEETS on their tax return. However, the RETURNS do require the relevant financial details to be entered in a set format, so you may find it beneficial to prepare the FIGURES in a balance sheet format.

Profit sharing refers to VARIOUS INCENTIVE plans introduced by businesses that provide DIRECT or indirect payments to employees that depend on COMPANY's profitability in addition to employees' regular salary and bonuses. In publicly traded companies these plans typically amount to allocation of SHARES to employees.

n:                                                    Journal  Sr. No.         PARTICULARS                         Debit Rs.                  Credit Rs. (i)             Bad Debts A/c             Dr.      6,000                       To DEBTORS A/c                                               6,000          (Being bad debts incurred)  (ii)  PROVISION for doubtful debts A/c Dr.  6,000                To Bad Debts Ale                                                  6,000         (Being bad debts adjusted)  (iii)         Revaluation A/c           Dr.            1,500                     To Provision for doubtful debts A/c                1,500                     (Being provision created)(IV)           X's Capital A/c            Dr.           900              Y's Capital A/c              Dr.           600                       To Revaluation A/c                                            1,500       (Being loss on revaluation transferred to partners' capital A/c) Working Notes:1. Calculation of provision for Doubtful Debts  Provision to be created = (76,000- 6,000)x =  3,500 Old Provision = 2, 000 New Provision (to be created)= 3,500 - 2,000 = 1,500

When a BUSINESS is commenced, the INPUTS of owner are treated as a liability ( capital ) for business needs to return it to the owner. The JOURNAL entry for the same is. By CASH. To capital. The asset of business also increases in the form of cash.

essary JOURNAL entries are GIVEN below:Explanation:Sacrificing Ratio A and B =2: 1Distribution of PREMIUM for Goodwill ( in sacrificing ratio) A's Goodwill B's Goodwill Distribution of Profit from Profit and Loss Adjustment Account (in old ratio) Thus, A and B's profit from Profit and Loss Adjustment Account will be Rs. 500 and Rs. 250 respectively.

A TRIAL BALANCE is a list of all the GENERAL LEDGER accounts (both revenue and capital) contained in the ledger of a BUSINESS. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance.

essary single adjustment entry are calculated below:Explanation:Calculation of Sacrifice or Gain Old Ratio New Ratio SACRIFICING (or GAINING Ratio) = Old Ratio - New Ratio Calculation and Adjustment of NET EffectCredit A's Current Acoount DEBIT C's Current Aocount Debit D's Current Aocount

partnership is an arrangement where PARTIES, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based ORGANIZATIONS, schools, governments or combinations. and then you should have the OPPORTUNITY of WORKING..

partnership is an arrangement where parties, known as business partners, agree to cooperate to ADVANCE their MUTUAL interests. The partners in a partnership MAY be individuals, businesses, interest-based ORGANIZATIONS, schools, governments or COMBINATIONS.

A journal is a DETAILED account that RECORDS all the financial TRANSACTIONS of a business, to be used for FUTURE reconciling of and transfer to other official accounting records, such as the GENERAL ledger.

When an ERROR is committed in the books of accounts the same should be corrected to SHOW TRUE numbers in financial STATEMENTS. If the error is IMMEDIATELY identified it may be fixed by striking out the wrong entry and replacing it with a correct one.

A balance sheet is a FINANCIAL STATEMENT that reports a company's assets, liabilities and shareholders' equity at a SPECIFIC point in time, and provides a basis for computing rates of return and evaluating its CAPITAL STRUCTURE.

Some think that an equal relationship is when both PARTNERS make roughly the same amount of money. OTHERS think equality means both partners share equally in doing the HOUSEWORK. ... Often concepts about equality come from some belief system and are imposed on the relationship by one PARTNER or another.

Some think that an equal relationship is when both PARTNERS make roughly the same amount of money. OTHERS think equality means both partners share equally in doing the HOUSEWORK. ... Often concepts about equality come from some BELIEF system and are imposed on the relationship by one partner or another.

A partnership is an arrangement where PARTIES, known as BUSINESS partners, agree to cooperate to ADVANCE their mutual interests. The partners in a partnership may be individuals, BUSINESSES, interest-based organizations, schools, governments or combinations

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A trial BALANCE is a list of all the general ledger ACCOUNTS (both revenue and capital) contained in the ledger of a business. This list will contain the name of each nominal ledger ACCOUNT and the value of that nominal ledger balance. Each nominal ledger account will hold either a DEBIT balance or a CREDIT balance.

Notes:- Biswa's share includes share of profit and interest on capitalShare of profit = 44,000Add;Interest on capital= 36,000Total = 80,000Guaranteed amount = 82,000The deficiency of 2000 is to be BORNE by Divya.PROFIT AND LOSS APPROPRIATION ACCOUNTParticulars Amount Particulars AmountTo Interest on capitalAnwar- 8,00,000*6%=48,000Biswas-6,00,000*6%=36,000Divya-4,00,000*6%=24,000 1,08,000 By NET profit 3,12,000To Partner's salary A/cBiswas-4000*12 = 48,000Divya-6000*4 = 24,000 72,000 To Profit TRANSFERRED toAnwar's capital A/c- 66000Biswa's capital A/c -44,000Add:-Divya's share 2000Divya = 22,000Less:deficiency cont =(2000) 1,26,000 Total 3,12,000

n:                                                    Journal  Particulars                                                      Debit Rs.     CREDIT Rs.  BANK A/c                                              Dr.     3,20,000     To CHARU's Capital A/c                                                   3,20,000  (Being capital brought in by Charu)  Charu's Current A/c                            Dr.     1,00,000         To Anil's Capital A/c                                                     50,000        To Sunil's Capital A/c                                                    50,000  (Being Charu's share of goodwill adjusted through current accounts) Working Notes:  Calculation of HIDDEN Goodwill  Total capital of the firm on the basis of Charu's Capital = 3,20,000 x                                                                                                             = 12,80,000  Less : Adjusted capitals of Old Partners + Incoming Partner's Capital                  =    ∴ Charu' s share of Goodwill . 4, 00,000 x = 1,00,000

don't KNOW about this QUESTION

don't KNOW about this QUESTION

(i) ANU's Capital a/c... Dr. 330000Bhagwan's Capital a/c.... Dr. 110000To GOODWILL a/c 440000(Being goodwill written off)(ii) Bank a/c.... Dr. 150000To Raja's Capital a/c 100000To Premium for Goodwill a/c 50000(Being CASH and premium for goodwill brought in by Raja)(iii) Premium for goodwill a/c.... Dr. 50000Bhagwan's Capital a/c.... Dr. 37500To Anu's Capital a/c 87500(Being premium for goodwill and Bhagwan's gain transferred to Anu)Working Note:Calculation of sacrificing ratio:Anu's sacrifice= 3/4- 2/5= 7/20Bhagwan's gain= 1/4- 2/5= -3/20Total goodwill of the firm= 250000Bhagwan's share= 3/20* 250000= 37500

A trial BALANCE is a list of all the general ledger accounts (both REVENUE and capital) contained in the ledger of a business. This list will contain the name of each nominal ledger ACCOUNT and the VALUE of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance.and then delete

Profit sharing refers to various INCENTIVE plans introduced by businesses that PROVIDE direct or INDIRECT payments to employees that depend on company's profitability in addition to employees' regular salary and bonuses. In PUBLICLY traded COMPANIES these plans typically amount to allocation of shares to employees.

Profit sharing refers to various incentive plans INTRODUCED by businesses that provide direct or INDIRECT payments to employees that depend on company's profitability in addition to employees' REGULAR salary and bonuses. In publicly traded companies these plans TYPICALLY amount to ALLOCATION of shares to employees.

A journal entry is the act of keeping or MAKING records of any transactions either Economic or NON economic. Transactions are listed in an accounting journal that SHOWS a company's DEBIT and CREDIT balances. The journal entry can consist of several recordings, each of which is either a debit or a credit

Profit sharing REFERS to various INCENTIVE plans introduced by businesses that provide direct or indirect payments to employees that depend on company's profitability in addition to employees' REGULAR salary and bonuses. In publicly traded companies these plans typically AMOUNT to allocation of shares to employees.

Profit sharing refers to various incentive plans INTRODUCED by BUSINESSES that provide direct or indirect payments to employees that depend on COMPANY's profitability in addition to employees' regular salary and bonuses. In PUBLICLY TRADED companies these plans typically amount to allocation of shares to employees.

n:Actual Capital of the FIRM after ADMISSION of C                              =  A's Capital + B's Capital + CS Capital                              = 60,000 + 1,20,000 + 70,000 = 2,50,000 Capitalised value of the firm on the basis of Cs share= 70,000 x                                                                    = 2, 80, 000Goodwill = Capitalised value of the firm - Actual Capital of the firm               = 2, 80,000 - 2, 50, 000              = 30,000

Profit sharing REFERS to various INCENTIVE plans introduced by businesses that provide direct or indirect payments to employees that depend on company's profitability in addition to employees' regular salary and bonuses. In publicly TRADED companies these plans typically amount to allocation of shares to employees.

Profit sharing REFERS to various incentive plans introduced by businesses that provide direct or indirect payments to employees that depend on COMPANY's profitability in addition to employees' regular salary and bonuses. In publicly traded companies these plans typically AMOUNT to ALLOCATION of SHARES to employees.

dwill = Y's Goodwill = EXPLANATION:Working NOTES:(1) Z's SHARE of Goodwill = = (2) DISTRIBUTION of Z's GoodwillX's Goodwill = = Y's Goodwill = =

Y's SACRIFICING Ratio is and and Goodwill of the FIRM on the basis of Y's Share is Explanation:1) Sacrificing Ratio = Old Ratio-New Ratio   X's Sacrificing Ratio (Sacrifice)    Y's Sacrificing Ratio (GAIN)2) Goodwill of the firm on the basis of Z's Share     Y's Gain     X's will get Z's share of Goodwill = Y's share of gain    i.e.

A balance sheet is a financial statement that REPORTS a company's assets, liabilities and SHAREHOLDERS' equity at a SPECIFIC point in time, and provides a basis for computing rates of RETURN and EVALUATING its capital structure.

uses that are offered to the employees may not reflect on the salary advice and this sort of practice should not be adopted because the employee never get a recognition for his hard work and at the same time the bonus can be CONSIDERED only as a motivational reward instead of offering employee a salary hike.Explanation:The bonuses are considered as an motivational reward in most of the companies and an employee never FEEL that he has got an appraisal in his salary for his hard work and dedication shown towards the company.The bonuses alone will not help an employee in getting promotions unless they are reflected on his salary advice.To KNOW more:1) What are the reason why the bonus PAID in cash and must not show on salary advicebrainly.in/question/15938194.2) The mean annual salary paid to all employees was rs 5000 .the mean annual salary paid to male and female employees were rs 5200 and 4200 respectively .the PERCENTAGE of male workers in the company isbrainly.in/question/3751330