| https://www.swamonk.com/a-and-b-are-partners-in-a-firm-sharing-profits-in-the-ratio-of-3-2-mrs | https://www.pinterest.com/pin/create/button?description=SOLUTION+As+per+Section+48+of+the+Indian+Partnership+Act%2C+1932%2C+Mrs.+A%27s+Loan+of+Rs.+20%2C000+will+be+paid+first+and+after+that+B%27+s+Loan+will+be+paid+up+to+the+available+amount+of+Rs.+5%2C000.&url=https%3A%2F%2Fwww.swamonk.com%2Fa-and-b-are-partners-in-a-firm-sharing-profits-in-the-ratio-of-3-2-mrs%2F | Opens in a new window Pinterest | A and B are partners in a firm sharing profits in the ratio of 3: 2. Mrs. A has given a loan of Rs. 20,000 to the firm and the f | No |
| https://www.swamonk.com/the-operating-ratio-of-a-company-is-60-state-whether-purchase-of-goods-costing-rs-20000-will-increase-decrease-or-not-change-the-operating-ratio-c-b-s-e-2019-m-p | https://www.pinterest.com/pin/create/button?description=SOLUTION+Purchase+of+goods+will+not+change+the+operating+ratio.&url=https%3A%2F%2Fwww.swamonk.com%2Fthe-operating-ratio-of-a-company-is-60-state-whether-purchase-of-goods-costing-rs-20000-will-increase-decrease-or-not-change-the-operating-ratio-c-b-s-e-2019-m-p%2F | Opens in a new window Pinterest | The Operating ratio of a company is 60%. State whether 'Purchase of goods costing Rs. 20,000’ will increase, decrease or not cha | No |
| https://www.swamonk.com/give-two-circumstances-under-which-a-partnership-firm-is-dissolved | https://www.pinterest.com/pin/create/button?description=SOLUTION+%28i%29+When+all+or+all+but+one+partner+of+the+firm+become+insolvent+%28ii%29+When+business+of+the+firm+becomes+un+lawful.&url=https%3A%2F%2Fwww.swamonk.com%2Fgive-two-circumstances-under-which-a-partnership-firm-is-dissolved%2F | Opens in a new window Pinterest | Give two circumstances under which a partnership firm is dissolved. | No |
| https://www.swamonk.com/state-with-reason-whether-the-issue-of-9-debentures-to-a-vendor-for-the-purchase-of-machinery-of-rs-50000-will-result-in-inflow | https://www.pinterest.com/pin/create/button?description=SOLUTION+No+flow+of+cash.Reason%3A+Issue+of+9%25+Debentures+against+the+purchase+of+machinery+would+result+in+no+flow+of+cash+because+it+does+not+involve+cash.&url=https%3A%2F%2Fwww.swamonk.com%2Fstate-with-reason-whether-the-issue-of-9-debentures-to-a-vendor-for-the-purchase-of-machinery-of-rs-50000-will-result-in-inflow%2F | Opens in a new window Pinterest | State with reason whether the issue of 9% debentures to a vendor for the purchase of machinery of Rs. 50,000 will result in infl | No |
| https://www.swamonk.com/hari-kunal-and-uma-are-partners-in-a-firm-sharing-profits-and-losses-in-the-ratio-of-5-3-2 | https://www.pinterest.com/pin/create/button?description=SOLUTION&url=https%3A%2F%2Fwww.swamonk.com%2Fhari-kunal-and-uma-are-partners-in-a-firm-sharing-profits-and-losses-in-the-ratio-of-5-3-2%2F | Opens in a new window Pinterest | Hari, Kunal and Uma are partners in a firm sharing profits and losses in the ratio of 5: 3: 2. From 1st April, 2018 they decided | No |
| https://www.swamonk.com/k-ltd-a-manufacturing-company-obtained-a-loan-of-rs-600000-advanced-a-loan-of-rs-1-00000-and-purchased-machinery-for-rs-500000 | https://www.pinterest.com/pin/create/button?description=SOLUTION+Cash+Flows+from+Financing+Activities+ParticularsDetailsAmount+%28Rs.%29Loan+raised6%2C00%2C000%26nbsp%3BNet+Cash+Inflows+from+Financing+Activities%26nbsp%3B6%2C00%2C000+ParticularsDetailsAmount+%28Rs.%29Loan+Advanced%281%2C00%2C000%29%26nbsp%3BMachinery+Purchased%285%2C00%2C000%29%26nbsp%3BNet+cash+used+in+Investing+Activities%286%2C00%2C000%29%286%2C00%2C000%29&url=https%3A%2F%2Fwww.swamonk.com%2Fk-ltd-a-manufacturing-company-obtained-a-loan-of-rs-600000-advanced-a-loan-of-rs-1-00000-and-purchased-machinery-for-rs-500000%2F | Opens in a new window Pinterest | K Ltd., a manufacturing company obtained a loan of Rs. 6,00,000, advanced a loan of Rs. 1.00,000 and purchased machinery for Rs. | No |
| https://www.swamonk.com/name-any-two-sub-line-items-sub-headings-under-which-current-liabilities-shall-be-classified-in-a-companys-balance-sheet | https://www.pinterest.com/pin/create/button?description=SOLUTION+%28i%29+Short-term+Borrowings%3B+%28ii%29+Trade+Payables.&url=https%3A%2F%2Fwww.swamonk.com%2Fname-any-two-sub-line-items-sub-headings-under-which-current-liabilities-shall-be-classified-in-a-companys-balance-sheet%2F | Opens in a new window Pinterest | Name any two sub-line items (sub-headings) under which “Current Liabilities” shall be classified in a Company’s Balance Sheet. | No |
| https://www.swamonk.com/what-is-the-number-of-major-heads-of-the-assets-side-of-a-companys-balance-sheet | https://www.pinterest.com/pin/create/button?description=SOLUTION+Two.&url=https%3A%2F%2Fwww.swamonk.com%2Fwhat-is-the-number-of-major-heads-of-the-assets-side-of-a-companys-balance-sheet%2F | Opens in a new window Pinterest | What is the number of major heads of the Assets side of a Company’s Balance Sheet? | No |
| https://www.swamonk.com/a-company-had-current-assets-of-rs-450000-and-current-liabilities-of-rs-200000 | https://www.pinterest.com/pin/create/button?description=SOLUTION+Current+Assets%C2%A0%3D%C2%A0Rs.%C2%A04%2C50%2C000Current+Liabilities+%3D%C2%A0Rs.%C2%A02%2C00%2C000Purchase+of+Goods+on+Credit+for%C2%A0Rs.%C2%A030%2C000+will+have+two+effects%3A+Increase%C2%A0Stock%C2%A0by%C2%A0Rs.%C2%A030%2C000%2C+Current+Assets+will+thereby+increase+to%C2%A0Rs.%C2%A04%2C80%2C000+%28Rs.%C2%A04%2C50%2C000%2B%C2%A0Rs.%C2%A030%2C000%29Increase%C2%A0Creditors%C2%A0by%C2%A0Rs.%C2%A030%2C000+and+therefore+Current+Liabilities+will+now+be%C2%A0Rs.%C2%A02%2C30%2C000+%28Rs.%C2%A02%2C00%2C000%2B%C2%A0Rs.%C2%A030%2C000%29+Current+ratio+%3D+Current+assets+%2F+Current+liabilities%3D+4%2C80%2C000+%2F%26hellip%3B&url=https%3A%2F%2Fwww.swamonk.com%2Fa-company-had-current-assets-of-rs-450000-and-current-liabilities-of-rs-200000%2F | Opens in a new window Pinterest | A company had Current Assets of Rs. 4,50,000 and Current Liabilities of Rs. 2,00,000. Afterwards it purchased goods for Rs. 30,0 | No |
| https://www.swamonk.com/sita-and-geeta-are-partners-in-a-firm-sharing-profits-in-the-ratio-of-3-2 | https://www.pinterest.com/pin/create/button?description=SOLUTION+Amount+advanced+by+the+Partners+%3D%26nbsp%3BRs.+%26nbsp%3B30%2C000Profit+sharing+ratio+%3D%26nbsp%3B3%3A%26nbsp%3B2Advanced+by%26nbsp%3BSita%26nbsp%3B%3D+30%2C000+%C3%97+3+%2F+5+%3D+18%2C000Advanced+by%26nbsp%3BGeeta%26nbsp%3B%3D+30%2C000+%C3%97+2+%2F+5+%3D+12%2C000+Time+Period+%28from+October+01%2C+2021+to+March+31%2C+2022%29+%3D+6+monthsInterest%26hellip%3B&url=https%3A%2F%2Fwww.swamonk.com%2Fsita-and-geeta-are-partners-in-a-firm-sharing-profits-in-the-ratio-of-3-2%2F | Opens in a new window Pinterest | Sita and Geeta are partners in a firm sharing profits in the ratio of 3: 2. They had advanced to the firm a sum of Rs. 30,000 as | No |
| https://www.swamonk.com/p-q-and-r-share-profits-in-the-ratio-of-5-4-3-r-retires-and-the-new-ratio-is-5-3 | https://www.pinterest.com/pin/create/button?description=SOLUTION+P%27s+Capital+A%2Fc%C2%A0%C2%A0%C2%A0+%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0+Dr.%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0+5%2C000Q%E2%80%99s+Capital+A%2Fc%C2%A0%C2%A0+%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0+Dr.%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0+1%2C000+To+R%E2%80%99s+Capital+A%2Fc+%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0%C2%A0+6%2C000&url=https%3A%2F%2Fwww.swamonk.com%2Fp-q-and-r-share-profits-in-the-ratio-of-5-4-3-r-retires-and-the-new-ratio-is-5-3%2F | Opens in a new window Pinterest | P, Q and R share profits in the ratio of 5: 4: 3. R retires and the new ratio is 5: 3. If is given Rs. 6,000 as goodwill, what w | No |
| https://www.swamonk.com/a-partnership-deed-provides-for-the-payment-of-interest-on-capital-but-there-was-a-loss-instead-of-profits-during-the-year-2018-2019-at-what-rale-will-the-interest-on-capital-be-allowed | https://www.pinterest.com/pin/create/button?description=SOLUTION+In+case+of+loss%2C+no+interest+on+capital+will+be+allowed.&url=https%3A%2F%2Fwww.swamonk.com%2Fa-partnership-deed-provides-for-the-payment-of-interest-on-capital-but-there-was-a-loss-instead-of-profits-during-the-year-2018-2019-at-what-rale-will-the-interest-on-capital-be-allowed%2F | Opens in a new window Pinterest | A partnership deed provides for the payment of interest on capital but there was a loss instead of profits during the year 2018- | No |
| https://www.swamonk.com/what-is-working-capital-turnover-ratio | https://www.pinterest.com/pin/create/button?description=SOLUTION+It+reveals+how+efficiently+working+capital+has+been+utilised+in+making+revenue+from+operations.+It+is+calculated+as+follows%3AWorking+Capital+Turnover+Ratio+%3D+Net+Revenue+from+Operations+%2F+Working+Capital.&url=https%3A%2F%2Fwww.swamonk.com%2Fwhat-is-working-capital-turnover-ratio%2F | Opens in a new window Pinterest | What is Working Capital Turnover Ratio? | No |
| https://www.swamonk.com/adil-and-bhavya-are-partners-sharing-profits-and-losses-in-the-ratio-of-7-5 | https://www.pinterest.com/pin/create/button?description=SOLUTION+Working+Note%3AWN1+Sacrificing+Ratio+%3D+Adil%3A+BhavyaSacrificing+Ratio+%3D+1%2F24%3A+1%2F8+%3D+1%3A+3+WN2Distribution+of+Cris%E2%80%99s+share+of+Goodwill+%28in+sacrificing+ratio%29Adil+will+get+%3D+36%2C000+%C3%97+1%2F4+%3D+9000%2C0Bhavya+will+get+%3D+36%2C000+%C3%97+3%2F4+%3D+27%2C000%26hellip%3B&url=https%3A%2F%2Fwww.swamonk.com%2Fadil-and-bhavya-are-partners-sharing-profits-and-losses-in-the-ratio-of-7-5%2F | Opens in a new window Pinterest | Adil and Bhavya are partners sharing profits and losses in the ratio of 7: 5. They admit Cris, their manager, into partnership w | No |
| https://www.swamonk.com/name-any-two-sub-line-items-sub-headings-under-which-non-current-assets-shall-be-classified-in-the-balance-sheet-of-a-company | https://www.pinterest.com/pin/create/button?description=SOLUTION+%28i%29+Fixed+Assets%3B+%28ii%29+Non-Current+Investments.&url=https%3A%2F%2Fwww.swamonk.com%2Fname-any-two-sub-line-items-sub-headings-under-which-non-current-assets-shall-be-classified-in-the-balance-sheet-of-a-company%2F | Opens in a new window Pinterest | Name any two sub-line items (sub-headings) under which “Non-Current Assets” shall be classified in the Balance Sheet of a Compan | No |
| https://www.swamonk.com/how-the-goodwill-is-valued-under-the-super-profits-method | https://www.pinterest.com/pin/create/button?description=SOLUTION+Under+this+method%2C+first%2C+super+profits+are+calculated+by+deducting+normal+profit+from+the+average+profit+and+then+goodwill+is+calculated+by+multiplying+the+super+profits+by+the+given+number+of+year%E2%80%99s+purchase.&url=https%3A%2F%2Fwww.swamonk.com%2Fhow-the-goodwill-is-valued-under-the-super-profits-method%2F | Opens in a new window Pinterest | How the goodwill is valued under the super profit’s method? | No |
| https://www.swamonk.com/at-what-rate-is-interest-payable-on-the-amount-remaining-unpaid-to-the-executor-of-deceased-partner | https://www.pinterest.com/pin/create/button?description=SOLUTION+Rate+of+interest+is+6%25+p.a.&url=https%3A%2F%2Fwww.swamonk.com%2Fat-what-rate-is-interest-payable-on-the-amount-remaining-unpaid-to-the-executor-of-deceased-partner%2F | Opens in a new window Pinterest | At what rate is interest payable on the amount remaining unpaid to the executor of deceased partner? (AI 2013) | No |
| https://www.swamonk.com/a-and-b-were-partners-in-a-firm-sharing-profits-and-losses-in-the-ratio-of-5-3 | https://www.pinterest.com/pin/create/button?description=SOLUTION+B%27+s+sacrifice+%3D+3+%2F+8+%E2%80%93+2+%2F+8+%3D+1+%2F+8&url=https%3A%2F%2Fwww.swamonk.com%2Fa-and-b-were-partners-in-a-firm-sharing-profits-and-losses-in-the-ratio-of-5-3%2F | Opens in a new window Pinterest | A and B were partners in a firm sharing profits and losses in the ratio of 5: 3. They admitted C as a new partner. The new profi | No |
| https://www.swamonk.com/a-and-b-jointly-purchased-a-plot-of-land-will-they-be-called-partners | https://www.pinterest.com/pin/create/button?description=SOLUTION+No.+They+become+the+joint+owners+of+the+property+and+not+the+partners.+However%2C+it+they+are+in+the+business+of+purchase+and+sale+of+land+in+order+to+make+profit%2C+they+will+be+called+partners.&url=https%3A%2F%2Fwww.swamonk.com%2Fa-and-b-jointly-purchased-a-plot-of-land-will-they-be-called-partners%2F | Opens in a new window Pinterest | A and B jointly purchased a plot of land. Will they be called partners? | No |
| https://www.swamonk.com/give-two-circumstances-under-which-a-partnership-is-dissolved | https://www.pinterest.com/pin/create/button?description=SOLUTION+%26nbsp%3B%28i%29+When+there+is+a+change+in+profit-sharing+ratio+of+an+existing+partner.+%28ii%29+On+admission+%2F+retirement+or+death+of+a+partner&url=https%3A%2F%2Fwww.swamonk.com%2Fgive-two-circumstances-under-which-a-partnership-is-dissolved%2F | Opens in a new window Pinterest | Give two circumstances under which a partnership is dissolved. | No |
| https://www.swamonk.com/yadu-vidu-and-radhu-were-partners-in-a-firm-sharing-profits-in-the-ratio-of-4-3-3 | https://www.pinterest.com/pin/create/button?description=SOLUTION&url=https%3A%2F%2Fwww.swamonk.com%2Fyadu-vidu-and-radhu-were-partners-in-a-firm-sharing-profits-in-the-ratio-of-4-3-3%2F | Opens in a new window Pinterest | Yadu, Vidu and Radhu were partners in a firm sharing profits in the ratio of 4: 3: 3. Their fixed capitals 1st April, 2018 were | No |
| https://www.swamonk.com/calculate-return-on-investment-roi-from-the-following-details-net-profit-after-tax-rs-650000-rate-of-income-tax-50 | https://www.pinterest.com/pin/create/button?description=SOLUTION+Net+Fixed+Assets+%3D+Fixed+Assets+%28at+cost%29+%E2%88%92+Accumulated+Depreciation%3D+22%2C50%2C000%C2%A0%E2%88%92+2%2C50%2C000%3D+20%2C00%2C000+Capital+Employed+%3D+Net+Fixed+Assets+%2B+Current+Assets+%E2%88%92+Current+Liabilities%3D+20%2C00%2C000%C2%A0%2B+12%2C00%2C000+%E2%88%92+4%2C00%2C000%3D+28%2C00%2C000+Interest+on+10%25+Debentures+%3D+10%25+of+10%2C00%2C000%3D%26hellip%3B&url=https%3A%2F%2Fwww.swamonk.com%2Fcalculate-return-on-investment-roi-from-the-following-details-net-profit-after-tax-rs-650000-rate-of-income-tax-50%2F | Opens in a new window Pinterest | Calculate Return on Investment (ROI) from the following details: Net Profit after Tax Rs. 6,50,000; Rate of Income Tax 50%; 10% | No |
| https://www.swamonk.com/interest-paid-on-debentures-is-a-charge-against-the-profits-of-the-company-is-this-statement-correct-give-reason-in-support-of-your-answer | https://www.pinterest.com/pin/create/button?description=SOLUTION+Yes%3AReason%3A+Interest+on+debentures+has+to+be+paid+whether+the+Company+earns+profit+or+incurs+loss.&url=https%3A%2F%2Fwww.swamonk.com%2Finterest-paid-on-debentures-is-a-charge-against-the-profits-of-the-company-is-this-statement-correct-give-reason-in-support-of-your-answer%2F | Opens in a new window Pinterest | ‘Interest paid on debentures is a charge against the profits of the company’. Is this statement correct? Give reason in support | No |