RBSE SS Accountancy case studies
RBSE SS Accountancy · Put your knowledge to work in context.
RBSE Senior Secondary Accountancy, usually called Rajasthan Board Class 12 Accountancy, is the accountancy paper of the Senior Secondary examination conducted by the Rajasthan Board of Secondary Education (RBSE), Ajmer. Candidates take it as a subject within the Commerce stream, and the marks feed into the Class 12 result used for board certification and for eligibility in higher education and many state recruitment processes. The RBSE SS Accountancy case studies are 5 cases and about 2,452 words.
1Guaranteed Profit, Partner Loan and Drawings Interest
On 1 April 2023, A, B and C began partnership sharing profits 2:2:1. Their opening capitals were ₹3,00,000, ₹2,00,000 and ₹1,50,000.
579 words, about 3 min2Admission, Sacrifice Ratio and Capital Adjustment
X and Y share profits 3:2 and have capitals of ₹2,40,000 and ₹1,60,000. On 1 April 2024 they admit Z for 1/5 share.
415 words, about 2 min3Dissolution, Insolvent Partner and Garner v Murray
P, Q and R share profits 3:2:1. On 31 March 2024 their balance sheet showed cash ₹15,000; stock ₹1,00,000; debtors ₹80,000; furniture ₹50,000; machinery ₹1,50,000; creditors ₹1,10,000; P’s loan ₹40,000; capitals P ₹1,50,000, Q ₹90,000 and R ₹5,000.
407 words, about 2 min4Forfeiture, Pro-rata Allotment and Calls in Advance
Surya Ltd issued 1,00,000 equity shares of ₹10 each at a premium of ₹2 per share. Application ₹3, allotment ₹5 (including premium ₹2), first call ₹2 and final call ₹2.
562 words, about 3 min5Cash Flow Classification and Bank Overdraft
The accountant of Kiran Ltd has prepared the following data for the year ended 31 March 2024: profit before tax ₹8,00,000; depreciation ₹1,20,000; gain on sale of machinery ₹40,000 (book value ₹1,60,000; sale proceeds ₹2,00,000); interest on borrowings ₹60,000; interest on investments ₹20,000; tax paid ₹1,80,000; dividend paid ₹1,00,000. Trade receivables increased by ₹80,000; inventory decreased by ₹50,000; trade payables increased by ₹30,000; prepaid expenses increased by ₹10,000; outstanding expenses decreased by ₹5,000.
489 words, about 2 min