sir.i jitendra surati have a query.aboutloss settelment.
i have loss of capital rs 26000/ and mr friend have loss of
rs106000/- as capital. how to compensate the loss by
sharing?how many i have to give to my friend ?
(A)26000+106000=132000 and i have to give him 66000?
or 40000 rs?



sir.i jitendra surati have a query.aboutloss settelment. i have loss of capital rs 26000/ and mr fr..

Answer / suratijitendra

jitendra lost 26000 as capital and kaushik lost 106000 rs
as capital.
than half of 26k ,13k i have to recover from kaushik and i
have to give 53000rs to kaushik?i.e i have to give 40k to
kaushik?

Is This Answer Correct ?    3 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

What is the difference between cash and mercantile system of accounting? Which according to you is a better system & why?

2 Answers  


what is the differences among issued,paidup,authorised,subscribed capitals?

9 Answers   Zee,


If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???

0 Answers   MNC,


Instalation chrges on machinery debited to repairs and maintenance a/c.is it correct,if not correct write the rectification entry

5 Answers  


what is mean by provision ? give me examples ..

0 Answers  






what is difference between acquitision and take over?

1 Answers  


state wheather the following statements are true or false i, the issue of shares ata discount must be authorized by a special resolution of company. ii, operating or finance lease comes under provision of as- 13 iii, at the end of the accounting period the balance of "goods sent to branch account" is transfered to trading acount iv, for life business premium is to be recognized on receipt basis v, a banking cannot grant any loans on securities of its own shares

2 Answers  


EXPAND_________SFC

1 Answers  


IF CASH-IN-HAND COMES IN CURRENT ASSET(HEAD) THEN PLEASE TELL ME IN WHICH HEAD COMES "SALES RETURN" AND "PURCHASE RETURN"

10 Answers   Genpact,


Expand-------MRR

1 Answers  


how many stocks listed in national stock exchange

2 Answers   India Infoline,


Sale of old furniture recordrd as sales a/c. recify it

5 Answers  


Categories