The following questions are for the Visually Impaired Candidates in lieu of Question.
(a) Mention any one mature Harappan site in India.
(b) Mention one Buddhist site in Maharashtra.
(c) Name any one territory which was under the Mughals.
(d) Name the capital of the Vijayanagara Empire.
(e) Name any two centres of the Indian National Movement.
The following journal entry appears in the books of Latvion Ltd. :
The discount on issue of debentures is :
Rupal, Shanu and Trisha were partners in a firm sharing profits and losses in the ratio of 4:3:1. Their Balance Sheet as at 31st March, 2024 was as follows:
(i) Trisha's share of profit was entirely taken by Shanu.
(ii) Fixed assets were found to be undervalued by Rs 2,40,000.
(iii) Stock was revalued at Rs 2,00,000.
(iv) Goodwill of the firm was valued at Rs 8,00,000 on Trisha's retirement.
(v) The total capital of the new firm was fixed at Rs 16,00,000 which was adjusted according to the new profit sharing ratio of the partners. For this necessary cash was paid off or brought in by the partners as the case may be.
Prepare Revaluation Account and Partners' Capital Accounts.