The History of Pataliputra
Each city had a history of its own. Pataliputra, for instance, began as a village known as Pataligrama. Then, in the fifth century BCE, the Magadhan rulers decided to shift their capital from Rajagaha to this settlement and renamed it. By the fourth century BCE, it was the capital of the Mauryan Empire and one of the largest cities in Asia. Subsequently, its importance apparently declined. When the Chinese pilgrim Xuan Zang visited the city in the seventh century CE, he found it in ruins, and with a very small population.
Examine the main impact of the shift from Rajagaha to Pataliputra, on the Magadhan empire.
The History of Pataliputra
Each city had a history of its own. Pataliputra, for instance, began as a village known as Pataligrama. Then, in the fifth century BCE, the Magadhan rulers decided to shift their capital from Rajagaha to this settlement and renamed it. By the fourth century BCE, it was the capital of the Mauryan Empire and one of the largest cities in Asia. Subsequently, its importance apparently declined. When the Chinese pilgrim Xuan Zang visited the city in the seventh century CE, he found it in ruins, and with a very small population.
What role did Pataliputra play in the history of the Magadhan empire?
The History of Pataliputra
Each city had a history of its own. Pataliputra, for instance, began as a village known as Pataligrama. Then, in the fifth century BCE, the Magadhan rulers decided to shift their capital from Rajagaha to this settlement and renamed it. By the fourth century BCE, it was the capital of the Mauryan Empire and one of the largest cities in Asia. Subsequently, its importance apparently declined. When the Chinese pilgrim Xuan Zang visited the city in the seventh century CE, he found it in ruins, and with a very small population.
What message did Xuan Zang wish to convey about Pataliputra?
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.