CBSE Class 12 Accountancy HOTs Questions for all Chapters
Chapter I Accounting for Not –for- profit organization 1) Is it possible for one hospital to have an income and expenditure account whereas another has a profit and loss account?(1) 2) Why depreciation on fixed assets is not recorded in receipts and Payment Account…
CBSE Class 12 Accountancy HOTs Questions for all Chapters Set A
Please refer to link below for CBSE CBSE Class 12 Accountancy HOTs Questions for all Chapters.
CBSE Class 12 Accountancy HOTs Accounting for Debentures
UNIT 5: ACCOUNTING FOR DEBENTURES LEARNING OBJECTIVES I) Understand the meaning and features of debentures. II) Differentiate between shares and debentures. III) Understand different classes of debentures IV) Journal entries regarding issue of debentures for cash and for…
CBSE Class 12 Accountancy HOTs Cash Flow Statement
Very short Answer Type Question. From the following particulars, what will be the amount of provision for tax made during the year? Provision for Taxation 31.3.2018 - 50,000 31.3.2019 - 40,000 The Company paid taxes Rs 45,000 for the year 2018-2019. (a) Rs 45,000 (b) Rs…
CBSE Class 12 Accountancy HOTs Accounting For Share Capital
ACCOUNTING FOR SHARE CAPITAL & DEBENTURE Question. Jain Ltd has incurred a loss of Rs. 8,00,000 before payment of interest on debentures. The directors of the company are of the opinion that interest on debentures is payable only when company earn profit. Do you agree?…