On retirement, the retiring partner's capital account will be credited with: (A) His/Her Capital Balance (B) His/Her share of goodwill (C) Share of goodwill of remaining partners (D) his/her share of Reserve (E) his/her drawings Choose the correct answer from the options given below:

Match List - I with List - II. List - I | List - II (A) Over Subscription | (I) Minimum amount that must be raised by issue of shares (B) Minimum subscription | (II) Application received is more than shares issued (C) Under Subscription | (III) Allotment of shares without issue o…

Rohit a partner paid the realisation expenses of ₹ 10,000 and he was to get a remuneration of ₹ 12,000 for completing the dissolution process and realisation expenses were borne by Rohit. The amount transferred to his capital A/c will be:

Calculate and state the nature of activity under cash flow statement: Acquired Machinery for ₹ 5,00,000 paying 50% by cheque and executing a bond for the balance payable:

Cash equivalents refers to: (A) Demand deposits with Bank (B) Bills receivables (C) Treasury bill (D) Commercial Paper (E) Marketable Securities Choose the correct answer from the options given below:

Identify the correct sequence to be followed at the time of Retirement of a Partner: A. New Balance Sheet after Retirement B. Transferring balance to Retiring partner's Loan Account C. Calculation Gaining/Sacrificing Ratio D. Partners' Capital Account E. Preparation of Revaluatio…

Find out cost of medicine consumed during 2020-21. Payment to creditors of medicines | ₹ 3,70,000 Creditors for medicines purchased: On 1.04.2020 | ₹ 25,000 On 31.03.2021 | ₹ 17,000 Stock of Medicines: On 1.04.2020 | ₹ 62,000 On 31.03.2021 | ₹ 54,000 Advance to suppliers: On 1.04…

On Dissolution of partnership firm out of total debtors of ₹ 2,50,000, ₹ 10,000 became bad and the rest realized 70%. In the given case Bank, A/c will be debited by:

The key combination which collapses the ribbon is: