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Accounting

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyWhat is the main purpose of Realisation Account on dissolution of a firm?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of a partnership firm, what does a credit balance in the Realisation Account indicate?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhy is self generated goodwill generally not recorded in books?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyWhy do total debits and total credits remain equal when profit is redistributed among partners?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf a partner withdrew firm cash for personal use and this was not recorded in the books, which account will be affected when recorded?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyA receives a salary of Rs 42,000 and B receives a commission of 12% on the profit remaining after salary. Profit before salary is Rs 242,000. What is B's commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIn a partnership of A, B and C, C has a capital deficiency of Rs 6,000. A and B will bear it in the ratio \\(3:4\\). How much burden will fall on A?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIn the journal entry for distributing a loss among partners, what happens to the partners' accounts?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIn a partnership, interest on capital of Rs 9,000 was omitted from the capital account. Under the fluctuating capital method, what will be the effect on the closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIn a partnership, why is a partner's name written on the capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf opening capital is omitted while preparing the capital account, what error will occur?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf the partnership deed requires 10% of profit to be transferred to an employee welfare fund, what will be the fund amount on a profit of Rs 160,000?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed provides for a partner's salary but the firm has made a loss, the correct treatment of the salary will depend on what?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyWhat should be the primary purpose of an audit clause in a partnership deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyWhat primary benefit do partners obtain by including the right to inspect the books of accounts in the partnership deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium