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Advertisement Question 41 Chapter 1 – Class 12 Part 1 Unimax 41. The following are the Receipts and Payments A/c of Khana Club for the year ended 31st Dec., 2021 : Receipts Amount Payments Amount To Balance b/d 300 By Read More …
Advertisement Question 40 Chapter 1 – Class 12 Part 1 Unimax 40. Following is the Receipts and Payments A/c of the Shaheed Udham Singh Education Society for the year ended 31st March, 2021 : Receipts Amount Payments Amount To Read More …
Advertisement Question 39 Chapter 1 – Class 12 Part 1 Unimax 39. The following is the receipt and Payment account of the ‘Bhartiya Gymkhana Club’ for the year ending 31st December, 2021 : Receipts Amount Payments Amount To Read More …
Advertisement Question 38 Chapter 1 – Class 12 Part 1 Unimax 38. The following is the Receipts and Payments Account of Sydney Club for the year ended on 31.3.2021 Receipts Amount Payments Amount To Opening Balance Cash 10,000 By Read More …
Advertisement Question 37 Chapter 1 – Class 12 Part 1 Unimax 37. Following is the Receipt and Payment Account has been prepared from the cash book of the Ganges Club, Kapurthala : Receipts Amount Payments Amount To Balance(1.1.2021) 255 By Read More …
Advertisement Question 36 Chapter 1 – Class 12 Part 1 Unimax 36. Following is the Receipt and Payment Account of a Drama Club for the year ended 31.12.2021 : Receipts Amount Payments Amount To Balance(1.1.2021) 1110 By Salaries 680 To Read More …
Advertisement Question 35 Chapter 1 – Class 12 Part 1 Unimax 35. The following is a summary of cash transactions of Satluj Club for the year ended 31.12.2021 : Receipts Amount Payments Amount To Balance of last year 480 By Read More …
Advertisement Question 34 Chapter 1 – Class 12 Part 1 Unimax 34. The following is the Receipts and Payments Account of a Club for the year ended 31.12.2021 Receipts Amount Payments Amount To Cash in hand 1000 By Bank overdraft Read More …
Advertisement Question 33 Chapter 1 – Class 12 Part 1 Unimax 33. The following is a summary of the cash transactions of a debating society for the year ended 31st March, 2021 : Receipts Amount Payments Amount To Balance from Read More …
Advertisement Question 32 Chapter 1 – Class 12 Part 1 Unimax 32. On 1st January 2021, the assets and liabilities of a Literary Society are as follows :Cash Rs. 212 ; Office Furniture Rs. 350 ; 4% Rs. 600 Municipal Read More …
Advertisement Question 29 Chapter 1 – Class 12 Part 1 Unimax 29. The Panjab Club started its activities on 1.4.2020. The following is the Receipts and Payments Accounts of the Club for the year ending 31.3.2021. Prepare an Income & Read More …
Advertisement Question 28 Chapter 1 – Class 12 Part 1 Unimax 28. The following is the Receipts and Payments Account of the Social Club in respect of the year ended 31.3.2021 Receipts Amount Payments Amount To balance of cash Read More …
Advertisement Question 27 Chapter 1 – Class 12 Part 1 Unimax27. From the following Receipts and Payments Account of the Missionary Educational Society for the year ending 31.3.21, prepare Income and Expenditure and a Balance Sheet. Receipts Amount Payments Amount Read More …
Advertisement Question 26 Chapter 1 – Class 12 Part 1 Unimax 26. From the following information and Receipts and Payments Account of Krishna Nagar Club, prepare an Income and Expenditure Account for the year ending 31st December, 2012 and a Read More …
Advertisement Question 25 Chapter 1 – Class 12 Part 1 Unimax 25. The following is the Receipts and Payments Account for the Punjabi Bagh Club for the year ended on 31st December 2021 Receipts Amount Payments Amount To balance B/d Read More …
Advertisement Question 24 Chapter 1 – Class 12 Part 1 Unimax 24. The following particulars relate to Madura Club for the year ending 31st December 2021 Receipts Amount Payments Amount To balance B/d 600 By Salaries 1,245 To Subscription Read More …
Advertisement Question 23 Chapter 1 – Class 12 Part 1 Unimax 23. From the following Receipts and Payments Account of Mumbai Club, prepare Income & Expenditure Account for the year ended 31st December 2021 and its Balance Sheet as on Read More …
Advertisement Question 22 Chapter 1 – Class 12 Part 1 Unimax 22. The following is the Receipts and Payments Account for the Indian Gymkhana for the year ended 31st December 2021 : Receipts Amount Payments Amount To Donations 50,000 By Read More …
Advertisement Question 21 Chapter 1 – Class 12 Part 1 Unimax 21. The value of furniture in the beginning ₹ 40,000 and at the end Rs. 45,000. During the year furniture sold for Rs. 10,000 and total depreciation charged during Read More …
Advertisement Question 20 Chapter 1 – Class 12 Part 1 Unimax 20. Calculate the amount of depreciation to be charged on surgical equipment during the year 2012. The value of surgical equipment on 1st Jan. 2021 was Rs. 1,50,000 and Read More …
Advertisement Question 19 Chapter 1 – Class 12 Part 1 – 2021 Unimax 19. Show the following information in the Balance Sheet of a Sports Club for the year ended 31st Dec. 2021. Particulars Dr. Balance Cr. Balance Sports Fund Read More …
Advertisement Question 17 Chapter 1 – Class 12 Part 1 Unimax 17. What amount of depreciation will be charged on Sports Equipments. Purchase of Sport Equipments ₹ 1,500. Sale of Sports Equipments ₹ 2,000 during the year. The solution of Read More …
Advertisement Question 16 Chapter 1 – Class 12 Part 1 Unimax 16. How will you treat the following information while preparing Income and Expenditure A/c of Dashmesh Sports Club. Tournament Fund (Opening) 14,000 Donations for tournament fund 2,400 Expenses for Read More …
Advertisement Question 15 Chapter 1 – Class 12 Part 1 Unimax 15. Subscription received during the year ending 31st Dec. 2021- Rs. 10,500. This amount includes Rs. 600 pertaining to the year 2022 and Rs. 500 pertaining to the year Read More …
Advertisement Question 14 Chapter 1 – Class 12 Part 1 Unimax14. What amount of subscriptions will be shown as income for the year 2021 : Subscription received for 2020 600 2021 14,000 2022 800 The solution of Question 14 Chapter Read More …
Advertisement Question 13 Chapter 1 – Class 12 Part 1 Unimax 13. The following figures (all in Rs.) relate to a non-trading concern : 1st January, 2021 stock of medicines 5000 1st January, 2021 outstanding creditors for medicines 3000 Amount Read More …
Advertisement Question 12 Chapter 1 – Class 12 Part 1 Unimax12. What amount will be posted to the Income and Expenditure account as regards stationery? Stock of stationery in hand on 1.1.2021 300 Payment made for stationery during the year Read More …
Advertisement Question 11 Chapter 1 – Class 12 Part 1 Unimax 11. What amount of ‘medicines’ be posted in the Income and Expenditure A/c? The stock of medicines on 1.1.2021 600 Creditors for medicines on 1.1.2021 400 The stock of medicines Read More …
Advertisement Question 10 Chapter 1 – Class 12 Part 1 Unimax 10. Find out income from subscriptions during the year : Received during the year 7500 Outstanding at the beginning of the year 1000 Received in advance for the next Read More …
Advertisement Question 9 Chapter 1 – Class 12 Part 1 Unimax 9. Find out income from subscriptions during the year ending 2021 : Subscriptions received during the year 12000 Subscription outstanding at the beginning of the year 2000 Subscription received Read More …
Advertisement Question 8 Chapter 1 – Class 12 Part 1 Unimax 8. From the following information calculate the amount of subscriptions to be credited to the Income & Expenditure Account for the year 2020-21. Subscription received during the year 3,60,000 Read More …
Advertisement Question 7 Chapter 1 – Class 12 Part 1 Unimax 7. Calculate the amount to be posted to the Income and Expenditure Account for the year ending 31.12.2021 in respect of ‘Stationery’. Stock of Stationery on Jan. 1, 2021 Read More …
Advertisement Question 6 Chapter 1 – Class 12 Part 1 Unimax 6. What amount of ‘Stationery’ be posted in the Income and Expenditure A/c ? Stock of Stationery on Jan. 1, 2021 300 Creditors for stationery on Jan. 1, 2021 Read More …
Advertisement Question 5 Chapter 1 – Class 12 Part 1 Unimax 5. Find out the amount of subscription to be posted to the Income and Expenditure account of Lions Club for the Accounting year ending Dec. 2021 from the following Read More …
Advertisement Question 4 Chapter 1 – Class 12 Part 1 Unimax 4. There are 1,125 members in an institution, each paying an annual subscription of Rs. 10 each. Subscription received in advance at the beginning and at the end of Read More …
Advertisement Question 3 Chapter 1 – Class 12 Part 1 Unimax 3. Calculate the account of subscriptions received during the year ended 31st March 2021 from the following information: Income from subscriptions for the current year Rs. 16,500, the other Read More …
Advertisement Question 2 Chapter 1 – Class 12 Part 1 Unimax 2. On the receipt side of the “Receipts and payment”Account of Samsung Club for the year ending 31st December 2021 subscription appeared at a figure of Rs. 24,800. Further Read More …
Advertisement Question 1 Chapter 1 – Class 12 Part 1 Unimax 1. Find out the income from the subscription for the year: (a)Subscriptions received during the year 5200 (b)Subscriptions outstanding at the end 2100 (c)Subscriptions outstanding at the beginning of Read More …