CBSE Class 12 Accountancy - Chapter 2: ACCOUNTING FOR PARTNERSHIP FIRMS FUNDAMENTALS (Questions and Answers) (#eduvictors)(#cbsenotes)(#Class12Accountancy)

Chapter 2: ACCOUNTING FOR PARTNERSHIP FIRMS FUNDAMENTALS 

(Questions and Answers)

CBSE Class 12 Accountancy

Q1: Define Partnership.

Answer: Section 4 of the Indian Partnership Act 1932 defines partnership as follows:

Partnership is the relations between two or more persons who have agreed to share the profits of a business carried on by all or any one of them acting for all.

In most respects a partnership is like a proprietorship except that more than one owner is involved. Like a proprietorship, for accounting purposes the partnership transactions must be kept separate from the personal activities of the partners. Partnerships are often used to organize retail and service-type businesses, including professional practices (lawyers, doctors, architects, and certified public accountants).

Q2: What are the essential features of Partnership?

Answer: Essential features of partnership are:

1. Two or More Persons

2. Agreement

3. Lawful Business

4. Mutual Agency

5. Sharing of Profit

6. Relationship of Mutual agency among the partners

Essential feature in details are:

CBSE Class 8 - Science - Force, Pressure and Friction (Short Answer Type Questions)(#eduvictors)(#cbseClass8Science)

Force, Pressure and Friction 

(Short Answer Type Questions)

CBSE Class 8 - Science

Q1: Why do porters place on their heads a round piece of cloth?

Answer: To reduce pressure.
Round piece of cloth increases contact surface areas, thus reduce the pressure.


Q2: It is convenient to pull the luggage fitted with rollers, why? 

Answer: Because rollers reduce friction. Rolling friction is much less than sliding friction.


Q3: lf we apply a force on a body and the body is still in rest. Is there any frictional force acting on the body? If yes then how?

Answer: Yes. Static friction is acting on it in opposite direction to the applying force. Thus, resultant force is zero.


Q4:  Sliding friction is less than static friction, how? Explain by an example.

CBSE Class 12 - Computer Science/Informatics Practices - Python - A Quick Revision (#eduvictors)(#Class12ComputerScience)(#Class12InformaticsPractices)

Python - A Quick Revision

CBSE Class 12 - Computer Science / Informatics Practices

Q1: What is python?

Answer: Python is an object-oriented high-level computer language developed by Guido Van Rossum in 1990s. It was named after a British TV show namely ‘Monty Python’s Flying circus’.


Q2: What are the major advantages of Python language?

Answer: Python is a very powerful interpreted language (executes the code line by line at a time).
Some advantages of python are:
    Easy to use
    Expressive language
    Cross-platform
    Free and open sources

CBSE Class 12 - Business Studies - Chapter 3 - What is a Business Environment? (Q n A)(#eduvictors)(#Class12BusinessStudies)

Chapter 3 - What is a Business Environment? 

(Questions and Answers)

CBSE Class 12 - Business Studies

Q1: Define Business Environment.

Answer: Business environment means the sum total of the factors which influence the business and over which the business has no control. The study of business environment enables the managers to identify threats and opportunities.


Q2: What is the basic difference between economic & non – economic environment?

Answer: The economic environment consist of factor like the fiscal policy, the monetary policy , the industrial policy, the pace of the economic development etc. The non-economic environment refer to social, cultural, political, legal, technological factor etc.


Q3: What are the features of Business Environment?

कक्षा ८ - लाख की चूड़ियाँ - परिचय एवं पाठ का सार Class 8 - Hindi - Lakh Ki Choodiyan - Introduction and Chapter Summary (#eduvictors)(#class8Hindi)

कक्षा ८ - लाख की चूड़ियाँ - परिचय एवं पाठ का सार 

Class 8 - Hindi - Lakh Ki Choodiyan - 

Introduction and Chapter Summary 

लेखक : कामतानाथ
जन्म : 22 सितम्बर 1934
मृत्यु : 7 दिसंबर 2012
स्थान : लखनऊ
लेखक कामतानाथ का जन्म 22 सितम्बर 1934 को लखनऊ मैं हुआ था इनकी मृत्यु 7 दिसंबर 2012 में लखनऊ में हुई थी। उन्हें उत्तर प्रदेश हिन्दी संस्थान ने 'साहित्य भूषण' पुरस्कार से सम्मानित किया था। उन्हें 'पहल सम्मान', मध्य प्रदेश साहित्य परिषद की ओर से 'मुक्तिबोध पुरस्कार', उत्तर प्रदेश हिंदी संस्थान की ओर से 'यशपाल पुरस्कार', 'साहित्य भूषण' तथा 'महात्मा गांधी सम्मान' प्राप्त हो चुका है।


परिचय 
कामतानाथ की कहानी “लाख की चूड़ियाँ" शहरीकरण और औद्योगिक विकास से गाँव के उद्योग के ख़त्म होने के दुख को चित्रित करती है। यह कहानी रिश्ते-नाते के प्यार में रचे-बसे गाँव के सहज सम्बन्धी में बिखराव और सांस्कृतिक नुकसान के आर्थिक कारणों को स्पष्ट करती है।

CBSE Class 10 - Economics - Chapter 1: Development (Q & A) Part-3 (#eduvictors)(#cbsenotes)(#class10SocialScience)

CBSE Class 10 - Economics - Chapter 1: Development (Q & A) Part-3

Economic development refers to a sustained increase in the income of the people of a region that promotes economic welfare by reducing poverty of inequalities of income and wealth.
Based on CBSE syllabus for Class 10, The part-3 video covers questions and answers based on NCERT chapter of Economics - Development. Following questions are covered:

Question 1: How does industrial pollution degrade the environment? Explain three measures to control environmental degradation.

Question 2: Identify the different thrust areas of human development. Which one of them plays the most significant role in development?

Question 3: Do the two terms - economic growth and economic development mean the same thing?

Question 4: Describe briefly four steps taken by  the Indian government for raising the status of women at par with that of men.

Question 5: Explain two main reasons for the  need of environment friendly economic growth and also explain two suggestions to achieve them.

Question 6: Give some examples where factors other than income are important aspects of our lives.

Question 7: Give three example where an average is used for comparing situations.

CBSE Class 12 - Accountancy - MCQs -COMPARATIVE & COMMON – SIZE STATEMENTS (#eduvictors)(#class12Accountancy)

CBSE Class 12 - Accountancy - MCQs -COMPARATIVE & COMMON – SIZE STATEMENTS 

CHAPTER: TOOLS FOR FINANCIAL STATEMENT ANALYSIS

Financial statements are reports prepared by a company’s management to present the financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, statement of owner’s equity, and statement of cash flows.

The various tools used for analysis of financial statements are:
1. Comparative Statement: Financial Statements of two years are compared (Horizontal Analysis)
2. Common Size Statement: Figures of Financial Statements are converted in to percentage with respect to some common base
3. Ratio Analysis
4. Cash Flow Statement

COMPARATIVE & COMMON – SIZE STATEMENTS(MCQs)

1. The most commonly used tools for financial analysis are:
(A) Comparative Statements
(B) Common Size Statements
(C) Accounting Ratios
(D) All of the above

CBSE Class 10 - Chemistry - CHEMICAL REACTIONS AND EQUATIONS (Q & A) - Understanding Chemical Changes (#eduvictors)(#cbse)(#class10Chemistry)

Understanding Chemical Changes 

CHEMICAL REACTIONS AND EQUATIONS (Q & A) 

CBSE Class 10 - Chemistry

Q1: What is a chemical change?

Answer: A chemical change is one in which a new substance is formed which has properties totally different from the starting materials. The starting materials are called as reactants and the new substances formed are called as products. In such changes, the nature and identity of the products is completely changed.


Q2: Give three examples of chemical change?

Download NCERT eBooks For Class 9 and 10 (#eduvictors)(#cbsenotes)

Download NCERT eBooks For Class 9 and 10

Most of the subjects covered under CBSE syllabus, NCERT books are recommended. These books have been an essential part of the CBSE curriculum.

Here are the links provided to download the NCERT Textbooks in PDF format from the NCERT website. NCERT is an autonomous organization that is responsible for preparing the curriculum and setting the academic standards for CBSE Class 1 to Class 12. Every effort has been made to provide you the correct link. However, it is advised to strictly follow the syllabus published by the Board for a particular academic year.

CBSE Class 9 - English Language and Literature - Beehive - The Fun They Had (Chapter Summary and Character Sketch)(#eduvictors)(#cbseClass9English)

Beehive - The Fun They Had
(Chapter Summary and Character Sketch)

CBSE Class 9 - English Language and Literature

Author: Isaac Asimov 

- a famous science fiction writer. Many sci-fi movies are based on Isaac's stories (e.g. I, Robot) .The story 'The Fun They Had' was written in 1951. 

Chapter Summary:

The story is set in future, the year 2157, when children study at home using a mechanical trainer (robotic teacher).  They don't have traditional books and schools. The tale tells of an 11-year-old girl Margie Jones, whose neighbour Tommy find an actual book in the attic of his residence. Margie writes about it in her diary. This incident reminds Tommy that his grandfather used to tell about the school where the students were taught by human teachers.