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There are a total of 7 schedules in the Companies Act, 2013. The form for Final accounts (i.e. Balance Sheet and Profit & Loss account) is given under Schedule 3. It is also referred to as Revised Schedule VI as this topic was initially dealt with Schedule VI of the erstwhile Companies Act 1956.
'Aman,' 'Bheema,' and 'Ritika' initiated a business by investing Rs. 400, Rs. 500, and Rs. 900, respectively. After __ months fro...
A started a business with an initial capital of Rs. 10,000. After 3 months, B joined the business with a capital that is x% of A’s initial capital. At...
'A' and 'B' started a business with an investment of Rs. 5,600 and Rs. 7,000, respectively. After 6 months, 'C' joined them with an investment of Rs. 8,...
A and B entered into a business investing Rs. (x + 70) and Rs. (x – 50) respectively. After one year they invested Rs. 60 more and Rs. 120 more re...
A, B and C started a business together with Rs 12,000, Rs 12,000 and Rs 8,000 respectively. B worked only for ‘x’ months while C left the business ...
A and S commenced a business with capitals of Rs. 15,000 and Rs. 13,500, respectively. After 9 months, they withdrew one third of their capital. Determi...
‘A’, ‘B’ and ‘C’ entered into a partnership by making investments in the ratio 5:3:9, respectively. At end of the year, if the difference be...
Sunil and Manoj started a business by investing Rs. 70,000 and Rs. 1,20,000, respectively. Manoj withdraws his investment after some time. If at the end...
Karun and Varun invested Rs 2800 and Rs. x in a business. After 3 months, Karun added Rs 400 while Varun withdrew Rs 500. After a year out of a total pr...
A and B together started a business with initial investment in the ratio of 1:2, respectively. The time-period of investment for A and B is in th...