Class 12th Account short type questions
Sanjeev Edupoint With the help of these NCERT Solutions you can easily grasp basic concepts better and faster. Click on my you tube channel Sanjeev Sukrail Accounts short type Questions and Answers 1. What are sweat equity shares? Ans: These are equity shares issued by the company to its employees or directors at a discount or for consideration other than cash. These shares are issued for providing following service to company: · For providing know how. · For making available the right in the nature of intellectual property rights. 2. Difference between sacrificing ratio and new profit sharing ratio. Ans: Sacrificing ratio: It is the ratio in which the old partners sacrifice their share of profit in favour of the incoming partner. New profit ratio: It is the ratio in which the remaining partners will share future profi...