ENVIRONMENTAL STUDIES – Class IV 1. Family and Friends 1.1 RELATIONSHIPS Your mother as a child Where do babies come from? My extended family Feeling
ENVIRONMENTAL STUDIES – Class III 1. Family and Friends 1.1 RELATIONSHIPS My family My family and me Whom do I look like? Old and the
MCQ – CA Intermediate Question 1:- Any …………………… received by Indian Government employee (who is citizen) for services rendered outside India would be exempt from
Sacrificing ratio in partnership accounting – The ratio in which an existing partner is ready to sacrifice his share of profit to another partner is
Computing Profit Sharing Ratio requires that , we reduce the share acquired by incoming partner from the existing share of the existing partners. This would give
Distribution of Profit and Losses in Partnership Examples: When there is a change in the profit sharing ratio among the partners then all the accumulated
New profit sharing ratio is the ratio of profits amongst the partners, which arise when there is a change in the existing profits proportion of
Goodwill adjustment when profit sharing ratio changes Goodwill adjustment when profit sharing ratio changes is to be made in partner’s capital account. The purchasing or
Revaluation of assets and liabilities in partnership is done at the time of change in the profit sharing ratio among the partners. Assets and liabilities
Change in profit sharing ratio occurs when there is change in either capital contribution of the partners or in active participation in the management. Sometimes it
Biodegradable Waste These kind of waste products are broken down by the action of micro-organisms like Bacteria. This kind of waste decay and Decompose naturally
Weighted Average Profit Method is the method of computing goodwill, where value of Goodwill is equal to the (Weighted Average Profit X Number of year’s purchase). Weighted