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Adjustment

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

AccountancyIf an adjustment is recorded on the wrong side what is generally the difference between correct and wrong effect?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf As salary Rs 5000 has been debited to Profit and Loss Appropriation Account where is the second effect?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf a partner brings personal furniture into the firm as capital which account will be credited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf A guarantees minimum profit to B from whose account will Bs deficiency be deducted?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf the firm pays a partners personal expense what type of adjustment is it?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf partnership deed is silent about interest on capital what will be done in adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyUnder fluctuating capital method partners share of profit will be credited to which account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf A's capital is Rs 80,000 and interest on capital is fixed at 10% per annum, what amount will be recorded as the adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf an omitted expense is found what is the effect on total profit in adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf B interest on capital of four thousand rupees was omitted and A B share profit equally what is net effect on B?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on drawings was omitted and profit was shared equally what happens in correction?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf after distributing profit it is found that reserve was omitted what will be the effect?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyWhen is cash account affected while making adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf A was to be allowed a salary of ₹5,000 but that salary was not included in the profit distribution (Profit and Loss Appropriation), how will A's claim/entitlement appear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIn adjustment entry how should total debit and total credit be?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIn adjustment table if a partner received excess profit what will happen to his account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf profit has been distributed in wrong ratio what is compared in correction?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on capital was omitted what is the correct effect on partners account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf partner salary was omitted by mistake it will be credited to which partners account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyProfit ratio changed and Rs 270000 profit was distributed in old ratio three to two. New correct ratio is four to five. What happens to B in correction?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert