Are you prepared for the Accountancy Paper for 2013 CBSE board examination!!!
Then test your preparations here by solving Accountancy Sample Paper CBSE 2013, given here
Unit 1. Accounting for Partnership firms - Fundamentals
Partnership: features, Partnership deed.
Provisions of the Indian Partnership Act 1932 in the absence of partnership deed.
Fixed v/s fluctuating capital accounts, division of profit among partners, guarantee of profits, past adjustments (relating to interest on capital,
interest on drawing, salary and profit sharing ratio), preparation of P&L Appropriation account.
Goodwill: nature, factors affecting and methods of valuation - average profit, super profit, and capitalization