Kanishka's capital was ______________.

Pataliputra

Purushapura

Indraprastha

None of these

Open in App

Solution

Verified by Toppr

Correct option is C. Purushapura

Was this answer helpful?

Similar Questions

Kanishka was a follower of which religion?

View Solution

N & Z are partners in a firm sharing profits and losss in the ratio of $$3:2$$. S joins the firm for $$1/3$$rd share. and is to pay Rs.$$5,000$$ as premium for goodwill but cannot pay anything. As between N and Z, they decided to share profits and losses equally. It was agreed that goodwill has to be adjusted through partner's capital account.
Required journal entry-

N Capital A/c Dr. Z Capital A/c Dr. To S A/c	$$4,000$$ $$1,000$$	$$5,000$$
S Capital A/c Dr. To N Capital A/c To Z Capital A/c	$$5,000$$	$$4,000$$ $$1,000$$
S Capital A/c Dr. To N Capital A/c To Z Capital A/c	$$5,000$$	$$1,000$$ $$4,000$$
Premium for Goodwill A/c Dr. To N Capital A/c To Z Capital A/c	$$20,000$$	$$8,000$$ $$12,000$$

View Solution

A, B & C are partners in a firm sharing profits & losses in ratio of 2:3:5. Their fixed capitals were Rs. 15,00,000, Rs. 30,00,000 & Rs. 60,00,000 respectively.. For the year ended 31st March 2015, interest was credited @12% instead of 10%. Pass the necessary adjustment entry.

View Solution

Meera, the finance manager of Platinum Ltd., a firm dealing in a telecommunication equipment chooses a capital structure which was highly geared.

(i) What do you understand by a highly geared capital structure?

(ii) What are the implications of choosing such a structure?

View Solution

A

and

B

are partners in a business. A contributes

\frac{1}{4}

of the capital for

15

month and

B

received

\frac{2}{3}

of the profit. Find for how long

B

s money was used?

View Solution