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(यश्) is a SANSKRIT WORD which MEANS SUCCESS, SPLENDOR, majesty, luxury, rich, eminence, and fame. It is usually used as a name.

LAPTOP EQUIPMENT A/c. Dr

To Cash/ BANK Cr

(Being mouse PURCHASED for laptop for office use)

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You can REFER to above PICTURES for ANSWER.

Answer:

Value of goodwill in the books after the admission of C = RS 70000. Because the goodwill has been REVALUED before the admission of C

Answer:

Ordinary revolution is passed by the number of the company by a bare MAJORITY , while in special revolution it is AFFIRM by for three majority by the company MEMBERS . An ordinary revolution HANDLES the standard action typically associated with running a BUSINESS .

Explanation:

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ANSWER:

It's FALSE........income and EXPENDITURE is NOMINAL account

ANSWER:

34103 BASE 5

Explanation:

your answer ,HOPE it is CORRECT!

ANSWER:

646676. Is DIRECT Answer.

EXPLANATION:

It, s HELP You

Explanation:

Income and expenditure account for the year ended 31st March 2015 (3) and a BALANCE sheet as at that DATE. Debit balance:- stock in hand = 1170 , purchase =24660 , Dining room =32370,rent = 10470 , wages =18690 , repair and renewals = 5400, fuel and light =5280, miscellaneous expenses =4050, cash in hand Y 25, 000 24, 00014, 00..

ANSWER:

so sorry

Explanation:

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GIVEN data :

To prove : xy = z(x+2y)

Solution :

We know that aⁿxaᵇ = a⁽ⁿ⁺ᵇ⁾. So,

As bases are equal, POWERS should be EQUATED, i.e.,

Therefore, if 4x=9y=144z, then xy=z(x+2y). Hence, it is proved.

Learn more :

1) Proving a logarithmic statement.

brainly.in/question/10849441

2) Prove that (cosec theta - cot theta)^2 = 1 - cos theta/1 + cos theta.

brainly.in/question/2057290

Answer:

(i) JOURNAL

1. Bank a/c........ Dr. 96000

To Z's Capital a/c 60000

To Premium for Goodwill a/c 36000

(Being capital and premium for goodwill brought in by Z)

2. Premium for Goodwill a/c.... Dr. 36000

To X's Current a/c 25200

To Y's Current a/c 10800

(Being premium for goodwill distributed among the partners in the ratio of 7:3)

3. X's Current a/c...... Dr. 12600

Y's Current a/c...... Dr. 5400

To Bank a/c 18000

(Being half of the premium for goodwill withdrawn by the partners)

(ii) REVALUATION ACCOUNT

Dr. Cr.

Particulars Amount Particulars Amount

To Provision for

Doubtful debts a/c 600 By ACCRUED Income a/c 4500

To Outstanding Rent a/c 15000 By Loss on revaluation

- X's Capital a/c

- Y's Capital a/c

10260

6840

To Investment a/c 6000

21600 21600

(iii) PARTNER'S CAPITAL A/C

Dr. Cr.

Particulars X Y Z Particulars X Y Z

By Balance b/d 180000 90000

To Balance c/d 180000 90000 60000 By Bank a/c 60000

180000 90000 60000 180000 90000 60000

(iv) PARTNER'S CURRENT A/C

Dr. Cr.

Particulars X Y Z Particulars X Y Z

To Revaluation a/c 10260 6840 By Balance b/d 30000 6000

To Goodwill a/c 18000 12000 By General Reserve a/c 21600 14400

To Bank a/c 12600 5400 By Premium for

Goodwill a/c 25200 10800

To Investment a/c 18000

To Balance b/d 17940 6960

76800 31200 76800 31200

(v) BALANCE SHEET

LIABILITIES Amount Assets Amount

Capital a/cs:

- X

- Y

- Z

180000

90000

60000 Patents 44000

Outstanding Rent 15000 Fixed Assets 216000

Current a/cs:

- X

- Y

17940

6960 Accrued Income 4500

Creditors 45000 Cash at Bank

(15000+96000-18000) 93000

DEBTORS (60000-3000) 57000

414900 414900

Working Note:

1. Calculation of amount of Goodwill:

AVERAGE Profit= [90000+78000+75000]/3

= 81000

Goodwill= 81000 * 2

= 162000

Z's share of goodwill= 162000* 2/9

= 36000

2. Sacrificing ratio:

X's SACRIFICE= 3/5-4/9= 7/45

Y's sacrifice= 2/5-3/9= 3/45

Sacrificing ratio= 7:3

EXPLANATION:

in DECIMAL system=2403.0

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Answer:

When the company allots SHARES for the first time these shares can be issued at their nominal PRICE or above or below such a nominal price. The ACCOUNTING for shares issued at premium and shares issued at discount varies a LITTLE. So let us see these accounting treatments and also LOOK at the securities premium account in some detail.

Explanation:

hope it will help you ..

Answer:

Margin of safety = PROFIT(15000)/Profit VOLUME ratio(50%)

Margin of safety =30000

Explanation:

contribution =Profit(15000) +Fix expense (22500)

contribution=37500

Profit volume ratio = contribution(37500) /SALES(75000)

Profit volume ratio= 50%

ANSWER:

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EXPLANATION:

SHAM a/c. DR. 10,000

to sales a/c. 10,000

(being goods sold to sham)

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Answer:

L not in CLASS 12

Explanation:

SORRY l am not able to answer this question.

ANSWER:

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Explanation:

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ANSWER:

Debit cash ACCOUNT by 4250

Debit cash discount account by 223

Debit CUSTOMER account by 4537

credit sales account by 9000

Explanation:

value of goods sold before cash discount =10000-10%

= 9000

cash discount is given on cash sales made only. here cash received is 4250 which is after deducting of cash discount

AMOUNT on which cash discount is given/amount of sales made at cash = 4250/95%(100%-5%) = 4473

amount of Cash discount =4473-4250 = 223

amount of sales made at credit = 9000-4473 =4537

ANSWER:

YES YO CAN DO MANY THINGS

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Answer:

Bad debt is an expense that a business incurs once the repayment of CREDIT previously extended to a customer is estimated to be uncollectible. Bad debt is a contingency that must be accounted for by all businesses who extend credit to CUSTOMERS, as there is always a risk that payment will not be received.

Explanation:

and PLZ follow me OK

There are mainly TWO types of ACCOUNTS namely 1) PERSONAL A/c and 2) impersonal A/c,
again in impersonal there are 2 types i)Real A/c and ii) NOMINAL A/c

Hope this helps you

The Golden Rules of Accounting

Debit The Receiver, Credit The Giver
This principle is used in the case of personal accounts. When a person gives something to the organization, it becomes an INFLOW and therefore the person must be credit in the books of accounts. The converse of this is also true, which is why the receiver needs to be debited.

Debit What Comes In, Credit What Goes Out
This principle is applied in case of REAL accounts. Real accounts involve machinery, land and building etc. They have a debit balance by default. Thus when you debit what comes in, you are adding to the existing account balance. This is exactly what needs to be done. SIMILARLY when you credit what goes out, you are reducing the account balance when a tangible asset goes out of the organization.

Debit All Expenses And Losses, Credit All Incomes And Gains
This rule is applied when the account in question is a nominal account. The capital of the company is a liability. Therefore it has a default credit balance. When you credit all incomes and gains, you increase the capital and by DEBITING expenses and losses, you decrease the capital. This is exactly what needs to be done for the SYSTEM to stay in balance.

Air India Express Flight 812, on 22 May 2010, (a Boeing 737-800) flying on the Dubai-Mangalore route overshot the runway 24 on landing at Mangalore International Airport killing 158 passengers on board.[7][8][9][10]
Air India Flight 403 crashed on 21 June 1982 at SAHAR International Airport in Bombay due to heavy weather. TWO crew members and 15 passengers DIED; 94 survived.
Air India Flight 855 crashed off the coast of Bandra, Bombay, (now Mumbai) on 1 January 1978 when the captain became spatially disoriented after the failure of one of the flight instruments in the cockpit. All 213 aboard were killed.
Alitalia Flight 771 crashed into a hill northeast of Mumbai while on approach on 7 July 1962. The accident was attributed to navigation error. All 94 aboard were killed.
Alliance Air Flight 7412 crashed in a residential estate of Patna on 17 July 2000 after the pilot lost control of the aircraft and stalled. Deaths included 55 people aboard, along with 5 on the ground.
1996 Charkhi Dadri mid-air collision, the Saudi Arabian Airlines Flight 763 collided in mid-air with Kazakhstan Airlines Flight 1907 on 12 November 1996. The cause was determined to be pilot error by the Kazakhstan Airlines pilot. All 349 people on board both flights were killed, making it the deadliest mid-air collision in history.
Indian Airlines Flight 113 crashed on its final approach to Ahmedabad airport due to pilot error on 19 October 1988. Deaths were 130.
Indian Airlines Flight 171 crashed at Bombay following an in-flight fire caused by an uncontained engine failure on 12 October 1976, killing all 95 on board.
Indian Airlines Flight 257 crashed on descent into Imphal due to pilot error on 16 August 1991, killing all 69 occupants.
Indian Airlines Flight 427 was hijacked by a single individual on 24 April 1993. The hijacker demanded passage to Afghanistan, but was denied overflight permission by Pakistani authorities and the pilot diverted to Amritsar. The hijacker was killed after security forces stormed the aircraft.
Indian Airlines Flight 440 crashed on approach to Palam Airport due to pilot error on 31 May 1973. 48 of 65 on board die.
Indian Airlines Flight 491 crashed into a truck at the end of the runway while taking off from Aurangabad, Maharashtra on 26 April 1993. The cause was both pilot error and the failure of the aviation administration to control highway traffic. Deaths were 55.
Indian Airlines Flight 605 crashed on its final approach to Bangalore airport on 14 February 1990, killing 92 people. The cause was pilot error.
Indian Airlines Flight 814 was hijacked by suspected Pakistani extremists on 24 December 1999 while in Indian airspace. The aircraft was flown to Kandahar, Afghanistan. One passenger was killed by the hijackers; the other 192 aboard survived.
Japan Airlines Flight 471 crashed near Palam Airport on 14 June 1972, killing 82 of 87 on board and three on the ground; Japan CLAIMED that a false glide path signal caused the crash, while India claimed that the pilot DISREGARDED let-down procedures.
Japan Airlines Flight 472 overran the runway after landing at the wrong airport on 24 September 1972; all 122 on board survived.
Gujarat Beechcraft incident- A civilian Beechcraft commuter plane was shot down by a Pakistan Air Force fighter on 19 September 1965, killing all eight on board.
United Arab Airlines Flight 869 (1963) crashed off Bombay Airport, killing all 63 on board. The cause was probably a loss of control in turbulence and bad weather.
1958 Dan-Air Avro York crash- An Avro York crashed at Gurgaon following an in-flight fire caused by engine failure, killing four of five on board

IT MEANS 19 Mate

Do it yourself or ASKED from your TEACHER.......

Capital costs are fixed, one-time EXPENSES INCURRED on the purchase of LAND, buildings, construction, and EQUIPMENT used in the production of goods or in the rendering of services. In other words, it is the total costneeded to bring a project to a commercially OPERABLE status.

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Cash a C Dr.
To capital a c

PURCHASES a c Dr.
To cash a c

Purchases a c Dr.
To creditors a c

Cash a c Dr. 4000
To sales a c. 2400
To PROFIT on sale of goods. 1600

RENT a c Dr.
To cash a c

Rent OUTSTANDING a c Dr.
To cash a c

As PER my CALCULATIONS his DAILY earning has been reduced by 4.16% due to INCREASED working hours. Please CORRECT me if I am wrong.

____●Journal ● _____
◆Meaning - The in which all the transaction s are recorded,as when they arise is known as Journal.

◆What is it ? - It is a subsidiary book.

◆Also book known as - Book of orignal entery.

◆Record- CHRONOLOGICAL record.

◆PROCESS- The process of recording transactions into Journal is known as Journalizing.

◆Debit and credit - Columns

____ ● LEDGER ● _____
◆Meaning-The book which enables to transfer all the transactions into separate ACCOUNTS is known as Ledger.

◆What is it ? - It is a Principal book.

◆Also known as-Book of SECOND entery.

◆Process- The process of transfering enteries from the Journal to Ledger is known as Posting.

◆Debit and credit - Sides .

●●●HOPE IT HEPS●●●

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Debit loss by theft; credit cash. Debit: Profit & Loss Account, Credit: Cash in HAND or Pretty Cash.

The nature of debit is considered as expense & the nature of credit is known as ASSET. Expense increase & Asset DECREASED.

If you have an account which is already open for such type of losses then you have to debit such KIND of account.

In EVERY country there is one organization which works as the central bank. The function of the central bank of a country is to control and monitor the banking and financial system of the country. In India, the Reserve Bank of India (RBI) is the Central Bank.

The RBI was established in 1935. It was nationalised in 1949. The RBI plays role of regulator of the banking system in India. The Banking Regulation Act 1949 and the RBI Act 1953 has given the RBI the power to regulate the banking system.

The RBI has different functions in different roles.

RBI is the Regulator of Financial System

The RBI regulates the Indian banking and financial system by issuing broad guidelines and instructions. The objectives of these regulations include:

Controlling money supply in the system,Monitoring different key indicators like GDP and inflation,Maintaining people’s confidence in the banking and financial system, andProviding different tools for customers’ help, such as acting as the “Banking Ombudsman.”

RBI is the ISSUER of Monetary Policy

The RBI formulates monetary policy twice a year. It reviews the policy every quarter as well. The main objectives of monitoring monetary policy are:

Inflation controlControl on bank creditInterest rate control

The tools used for implementation of the objectives of monetary policy are:

Cash Reserve Ratio (CRR) and STATUTORY Liquidity Ratio (SLR),Open market operations,Different Rates such as repo rate, reverse repo rate, and bank rate.

RBI is the Issuer of Currency

Section 22 of the RBI Act gives authority to the RBI to issue currency notes. The RBI also takes action to control circulation of fake currency.

RBI is the Controller and Supervisor of Banking Systems

The RBI has been assigned the role of controlling and supervising the bank system in India. The RBI is responsible for controlling the overall operations of all banks in India. These banks may be:

Public sector banksPrivate sector banksForeign banksCo-operative banks, orRegional rural banks

The control and supervisory roles of the Reserve Bank of India is done through the following:

Issue Of Licence: Under the Banking Regulation Act 1949, the RBI has been given powers to grant licenses to commence new banking operations. The RBI also grants licenses to open new branches for existing banks. Under the licensing policy, the RBI provides banking services in areas that do not have this facility.Prudential Norms: The RBI issues guidelines for credit control and management. The RBI is a member of the Banking Committee on Banking Supervision (BCBS). As such, they are responsible for implementation of international standards of capital adequacy norms and asset classification.Corporate Governance: The RBI has power to control the appointment of the chairman and directors of banks in India. The RBI has powers to appoint additional directors in banks as well.KYC Norms: To curb money laundering and prevent the use of the banking system for financial crimes, The RBI has “Know Your Customer“ guidelines. Every bank has to ensure KYC norms are applied before allowing someone to open an account.Transparency Norms: This means that every bank has to disclose their charges for providing services and customers have the right to know these charges.Risk Management: The RBI provides guidelines to banks for taking the steps that are NECESSARY to mitigate risk. They do this through risk management in basel norms.Audit and Inspection: The procedure of audit and inspection is controlled by the RBI through off-site and on-site monitoring system. On-site inspection is done by the RBI on the basis of “CAMELS”. Capital adequacy; Asset quality; Management; Earning; Liquidity; System and control.Foreign Exchange Control: The RBI plays a crucial role in foreign exchange transactions. It does due diligence on every foreign transaction, including the inflow and outflow of foreign exchange. It takes steps to stop the fall in value of the Indian Rupee. The RBI also takes necessary steps to control the current account deficit. They also give support to promote export and the RBI provides a variety of options for NRIs.Development: Being the banker of the Government of India, the RBI is responsible for implementation of the government’s policies related to agriculture and rural development. The RBI also ensures the flow of credit to other priority sectors as well. Section 54 of the RBI gives stress on giving specialized support for rural development. Priority sector lending is also in key focus area of the RBI.

Apart from the above, the RBI publishes periodical review and data related to banking. The RBI plays a very important role in every aspect related to banking and finance. Finally the control of NBFCs and others in the financial world is also assigned with RBI.

10,000
interest in ANNUAL