Question
On dissolution, A’s capital = ₹50,000, B’s capital = ₹30,000. Cash realised = ₹60,000. Creditors = ₹20,000. Loss on realisation is shared equally. How much will A receive finally?
More Accounts Questions
- The Reserve Bank of India has announced plans to shift away from the MIBOR benchmark. Which of the following represents the new benchmark rate proposed by ...
- Under which method of depreciation, the value of a fixed asset is reduced uniformly over its useful life?
- Company A takes over Company B on 1st April 2024. The Balance Sheet of Company B shows the following: • Share Capital: ₹10,00,000 (1,00,000 shares of ₹10 ...
- The value of the firm on the basis of Net Income Approach can be ascertained as: V = S + D In the above formulae, S indicates______.
- A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume number of ...
- Goods costing ₹ 1,00,000 were insured for ₹ 50,000. Out of these goods, ¾ are destroyed by fire. The amount of claim with average clause will be:
- According to Payment of Bonus Act 1965, what is the minimum bonus in case of an adult payable?
- An audit that is conducted to investigate a specific area of suspicion, such as fraud, is known as a:
- From 1st April 2010, non-furnishing of PAN to the deductors results in TDS at much higher rate of ________ or even more.
- Use the following financial data to answer the questions: Current Assets = Rs. 8,40,000 | Current Liabilities = Rs. 3,50,000 | Inventory = Rs. 2,10,00...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)