Question

Question 12:
Worthless asset is debited to capital
accounts in their -
Profit Sharing Ratio
Capital Ratio
Final Claim Ratio
Balance sheet​

Answer 1

Answer:

Why did Christian missionaries came to India?

The missionaries sought to introduce the Latin liturgical rites among them and unify East Syriac Christians in India under the Holy See. In the 16th century, the proselytisation of Asia was linked to the Portuguese colonial policy.

Answer 2

Answer:

The answer of the following question is option D.

Explanation:

Worthless asset is debited to capital  accounts in their Balance sheet.

Worthless asset - The assets that have zero value or going to be written off in accounting.

• It can be shares, bonds, debentures and security.

• In balance sheet, worthless assets debited to capital account.

• These assets does not have any profit so it cant debited on basis of profit sharing ratio.