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March 2022 Std 10 English Paper Solution | ધોરણ 10 અંગ્રેજી પેપર સોલ્યુશન 2022 | March 2022

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The passbook of Mr. Randhir showed an overdraft of 40,950 on March 31,2017 (i) Out of cheques amounting to 8,000 drawn by Mr. Randhir on March 27 a cheque for 3,000 was encashed on April 2017. (ii) Credited by bank with 3,800 for interest collected by them, but the amount is not entered in the cash book. (iii) 10,900 paid in by Mr. Randhir in cash and by cheques on March, 31 cheques amounting to 3,800 were collected on April, 07. (iv) A Cheque of 780 credited in the passbook on March 28 being dishonoured is debited again in the passbook on April 01, 2017. There was no entry in the cash book about the dishonour of the cheque until April 15.

Wellness Co. Ltd. has issued 20,000, 9% Debentures of ₹ 100 each at a premium of 10% on 1^(st) April, 2018 redeemable as follows: 31^(st) March, 2021 – 10,000 debentures 31^(st) March, 2022 – 4,000 debentures 31^(st) March, 2023 – balance debentures. It transferred to Debentures Redemption Reserve the required amount as applicable rules of the Companies Act and Rules, 2014 on due date. How much amount will be transferred to General Reserve on 31st March, 2021 .

English Paper Class 10 2024 Leaked ? English Grammar and Writing

(Investment to be made for Redemption of Debentures). X Ltd. Had issued on 1st April, 2016, 20,000, 9% Debentures of Rs. 100 each redeemable by draw of lots as under : (i) During the ending on 31st March, 2018 - 15% (ii) During the ending on 31st March, 2019 - 25% (iii) During the ending on 31st March, 2020 - 15% (iv) During the ending on 31st March, 2021 - 21% (i) During the ending on 31st March, 2022 - 20% What is the minimum investment or deposit that should be made by X Ltd. as per the Conpanies Act, 2013 before redemption of debentures and When ?

An asset was purchased for Rs 10,500 on 1st April, 2012. The scrap value was estimated to be Rs 500 at the end of asset's 10 years' life. Straight Line Method of depreciation was used. The accounting year ends on 31st March every year. The asset was sold for Rs 600 on 31st March, 2019. Calculate the following: (i) The Depreciation expense for the year ended 31st March, 2013. (ii) The net book value of the asset on 31st March, 2017. (iii) The gain or loss on sale of the asset on 31st March, 2019.

Following is the Receipts and Payments Account of Indian Sports Club, prepare Income and Expenditure Account and Balance Sheet as on 31st march 2019 : Other Information Subscription outstanding was on 31st march 2018 Rs. 12,000 and Rs. 32,000 on 31st March 2019 . Lockers rent outstanding on 31st March 2019 Rs. 2,500 .Salary outstanding on 31st March 2019 Rs. 10,000. On 1st April club has Building Rs.3,60,000 furniture Rs. 1,20,000 .Sports equipments Rs. 1,75,000. Depreciation charged on these items "@" 10% (including purchase). Legacy Donation is for constructing hostel for sports persons.

(Weighted Average Profit Method when Past Adjustments are Made.) Sahil and Anupam are partners sharing profits in the ration of 3 : 2 They admit Amit into partnership. It was agreed to value goodwill at three years' purchase on the basis of Weighted Average Profit of the past five years. Weights being assigned to each year were: 31st March, 2015 - 1, 31st March, 2016 -2, 31st March, 2017 - 3, 31st March, 2018 - 4 and 31st March, 2019 - 5. The profits for these five years were: {:("Year Ended",,"Profits (Rs.)"),("31st March, 2015",,"1,80,000,"),("31st March, 2016",,"1,60,000,"),("31st March, 2017",,"2,50,000,"),("31st March, 2018",,"3,00,000",),("31st March, 2019",,"3,50,000".):} Secutiny of books of account revealed that: 1. An abnormal gain of Rs. 20,000 was earned in the year ended 31st March, 2016. 2. An abnormal loss of Rs. 10,000 was incurred in the year ended 31st March, 2017. 3. Expense of Rs. 50,000 incurred to overhaul a machinery Account. Depreciation is charged on Machinery @ 20% on Written Down Value Method. 4. Closing Stock as on 31st March, 2018 was undervalued by Rs. 20,000. Calculate value of goodwill.

Show how are the following items dealt with while preparing the final accounts for the year ended 31st March 2019 of a No-for-Profit Organisation : Case I Expenditure on construction of Pavilion is Rs 6,00,000. The construction work is in progress and has not yet completed. Capital Fund as at 31st March 2018 Rs. 20,00,000. Case II Expenditure on construction of Pavilion is Rs 6,00,000. the construction work is in progress and has not yet completed. Pavilion Fund as at 31st March 2018 is Rs 10,00,000 and capital Fund as at 31st March 2018 is Rs. 20,00,000. Case III Expenditure on consturction of Pavilion is Rs. 6,00,000 . the construction work is in progress and has not yet completed. Pavilion Fund as at 31st March 2018 Rs. 10,00,000 and Capital Fund as at 31st March 2018 is Rs 20,00,000. Donation received of Pavilion on 1st january 2019 is Rs. 5,00,000.

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