Oral contraceptive pills are a type of hormonal birth control used to prevent pregnancy in women. These pills contain synthetic forms of the hormones estrogen and progestin (a synthetic form of progesterone), which interact with the body's natural hormonal cycles to prevent pregnancy. Here's how they work:
The primary mechanism of action is the suppression of ovulation. The pills prevent the release of an egg from the ovaries by:
The hormones in the pill also cause the cervical mucus to become thicker, which has the following effect:
The hormones in the pill change the lining of the uterus (endometrium), making it less receptive to a fertilized egg. This reduces the chances of implantation if fertilization does occur.
By inhibiting ovulation, thickening cervical mucus, and altering the uterine lining, oral contraceptive pills effectively prevent pregnancy. These mechanisms work together to reduce the likelihood of fertilization and implantation of a fertilized egg.
Preet and Saral were partners sharing profits and losses in the ratio of 3:2. On 31st March, 2024 they decided to change their profit sharing ratio to 1:1. On the date of reconstitution goodwill of the firm was valued at Rs 1,00,000. The journal entry for treatment of goodwill on account of change in profit-sharing ratio will be: