SimonMash.com | Kerala Plus One & Plus Two Study Notes, Question Papers, Answer Keys, Resources

[file content begins] English Section Accountancy Chapter 2: Reconstitution of Partnership Firm – Admission of a Partner – Important Topics: Modes of Reconstitution of Partnership Firm Admission of a New Partner – Rights & Required Adjustments New Profit Sharing Ratio – Calculation Methods (6 types) Sacrificing Ratio – Meaning & Calculation Goodwill – Definition, Factors Affecting Value, Need for Valuation Valuation of Goodwill – Average Profit, Super Profit, Capitalisation Methods Treatment of Goodwill on Admission (Cash brought, not brought, hidden goodwill, existing goodwill written off) Adjustment for Accumulated Profits & Losses (Reserves, P&L Balance) Revaluation of Assets & Liabilities – Revaluation Account (Journal Entries, Profit/Loss Transfer) Adjustment of Partners’ Capitals (Proportionate to New Profit Sharing Ratio) Change in Profit Sharing Ratio among Existing Partners Previous Year ...

KITE VICTERS Plus two Business Studies Class 17 (First Bell-ഫസ്റ്റ് ബെല്‍)

Plus Two Business Studies Chapter Wise Questions and Answers Chapter 3 Business Environment Question 1. Which among the following is not a component of economic environment? താഴെപ്പറയുന്നവയിൽ സാമ്പത്തിക ചുറ്റുപാടിന്റെ ഘടകം അല്ലാത്തത് ഏത്? a. Economic system – സാമ്പത്തിക വ്യവസ്ഥ b. Stability of government – സർക്കാരിന്റെ സ്ഥിരത c. Interest rates and tax rates – പലിശ നിരക്കും നികുതി നിരക്കും d. Foreign trade balance – വിദേശവാണിജ്യ സന്തുലനം Answer: b. Stability of government സർക്കാരിന്റെ സ്ഥിരത Question 2. Identify the factor which comes under economic environment of the business. വ്യവസായത്തിലെ സാമ്പത്തിക അന്തരീക്ഷത്തിൽ വരുന്ന ഘടകം കണ്ടെത്തുക a. Level of literacy – സാക്ഷരത നിരക്ക് b. Labour legislations – തൊഴിൽ നിയമങ്ങൾ c. Infrastratural facilities – അടിസ്ഥാന സൗകര്യങ്ങൾ d. Tax rate – നികുതി നിരക്ക് Answer: d. Tax rate നികുതി നിരക്ക് 3. What is L.P.G in context of business environment ...

Chapter 3: Business Environment Chapter 3 – Important Topics: Meaning and Features of Business Environment Importance of Business Environment Dimensions of Business Environment (Economic, Social, Technological, Political, Legal) Economic Environment in India New Economic Policy 1991 – Liberalisation, Privatisation, Globalisation (LPG) Disinvestment – Meaning and Objectives Demonetisation – Meaning, Features, Impact Impact of Government Policy Changes on Business Meaning of Business Environment According to Keith Davis, “Business environment is the aggregate of all conditions, events and influences that surround and affect it.” Environment literally means surroundings in which a person or organisation operates. Business environment refers to all forces – economic, social, political, technological etc. and institutions like suppliers, consumers, competitors, financiers, government etc. which are external to business. Businessmen have very little cont...