Chapter 1
Partnership Final Accounts
Books Page No. 56
Practical Problems NO. 3
3) Madhuri and Minakshi are in partnership sharing profits and losses in the ratio 3:2. From the following Trial Balance and adjustments given below, you are required to prepare Trading and Profit and Loss Account for the year ended 31st March 2012 and Balance Sheet on that date.
Adjustments :
(1) Stock on hand on 31st March, 2012 was valued at Rs. 1, 10,000.
(2) Depreciate Plant and Machinery at 10% p.a. and Building at 5% p.a.
(3) Prepaid Insurance is Rs. 1,500.
(4) Create R.D.D. at 5% on Sundry Debtors.
(5) Partners are allowed interest at 5% p.a. on their capitals.
(6) Salaries include Rs. 2,500 as advance to workers.
Mumbai Univeersity :- https://t.me/mumbaiuniversityidolSuraj Patel Education :- https://t.me/surajpateleducationS.S.C EXAM:- https://t.me/joinchat/wIOptdUxh8A3YWU1F.Y.J.C EXAM :- https://t.me/FYJCexamS.Y.J.C EXAM :- https://t.me/SYJCexamF.Y EXAM :- https://t.me/fyexamS.Y EXAM :- https://t.me/syexamT.Y EXAM :- https://t.me/tyexamM.Com Part 1 EXAM :- https://t.me/McomPart1ExamM.A EXAM :- https://t.me/mastudentsexam
YouTube Channel
More 12 STD Partnership Final Accounts
Practical Problems link
Practical Problems. 1
https://www.surajpateleducation.com/2022/07/12th-standard-partnership-final.html
Practical Problems. 2
https://www.surajpateleducation.com/2022/07/12th-standard-partnership-final_11.html
Practical Problems. 3
https://www.surajpateleducation.com/2022/07/partnership-final-accounts-12th.html
Practical Problems. 4
https://www.surajpateleducation.com/2022/07/partnership-final-accounts-12th_13.html
Practical Problems. 5
https://www.surajpateleducation.com/2022/07/12th-partnership-final-accounts.html
Practical Problems. 6
https://www.surajpateleducation.com/2022/07/12th-commerce-book-keeping-accountancy.html
Practical Problems. 7
https://www.surajpateleducation.com/2022/07/12th-commerce-book-keeping-accountancy_27.html
Practical Problems. 8
https://www.surajpateleducation.com/2022/08/12th-commerce-bk-book-pdf-chapter-1.html
Practical Problems. 9
https://www.surajpateleducation.com/2022/08/12th-accounts-chapter-1-practical.html
Practical Problems. 10
https://www.surajpateleducation.com/2022/08/12th-final-accounts-chapter-1-practical.html
12 STD Partnership Final Accounts
Illustrations Problems Link
Illustrations No.1
https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and.html
Illustrations No.2
https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_16.html
Illustrations No.3
https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_45.html
Illustrations No.4
https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_23.html
Illustrations No.5
https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_37.html
Illustrations No.6
https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_10.html
Illustrations No.7
https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_11.html
Illustrations No.8
https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_66.html
Illustrations No.9
https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_20.html
Illustrations No.10
https://www.surajpateleducation.com/2022/08/introduction-to-partnership-and_73.html