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

AccountancyIf guarantee deficiency is to be borne by all non guaranteed partners in their capital ratio which ratio will be used?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in (7:3). B is guaranteed (₹45000). Profit is (₹120000) and A bears the deficiency. What is A's final profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in the ratio 4:1. Total profit is ₹60,000. B is guaranteed a minimum profit of ₹20,000, and A will bear any deficiency. What is B’s final profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyThe partnership deed says interest on capital is (8%) and interest on drawings is (10%). Which side is correct in profit and loss appropriation account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA partner paid (₹5000) from personal funds for firm expenses and the firm has not yet reimbursed it. What is the adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyIf the firm paid a partner's personal expense of (₹7000) and it is treated as drawings what is its effect on the capital account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyAt year end a partner's capital account has credit balance (₹90000). It already includes credit interest on capital (₹6000) and debit drawings (₹10000). What was the opening capital if there was no other change?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA withdrew (₹6000) in the middle of each quarter. Rate is (8%) per annum. What is interest on drawings for the year?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA introduced capital of ₹1,20,000 on 1 April and additional capital of ₹30,000 on 1 January of the same accounting year. Interest on capital is allowed at 10% per annum, and the accounting year ends on 31 March. What is the total interest on capital?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in (3:2). Interest on A's drawings (₹5000) was omitted and profit (₹75000) was already distributed. What is the final effect in rectification?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA new partnership deed changes the profit ratio but the previous year's profit had to be shared in the old ratio. Which principle applies while making adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA's salary is (₹20000) and interest on capital is (₹10000). B's interest on capital is (₹20000). Total available profit is (₹25000) and there is no priority. How much will A receive in total?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyIf both interest on capital and partner salary are payable but profit is insufficient how is the available profit normally allocated?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B have capitals of (₹100000) and (₹50000). Profit ratio is (2:3). Interest on capital is (12%) and profit is sufficient. In what ratio will total interest be credited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyProfit as per profit and loss account is (₹140000). Interest on partner's loan (₹8000) has not yet been deducted. What is the profit available for appropriation?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA is to receive annual salary of (₹18000) but he was partner for only (9) months. If the deed says salary is time based what is A's salary?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA partner withdrew (₹20000) on 1 April and (₹30000) on 1 October. Rate is (10%) per annum and the year ends on 31 March. What is interest on drawings?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in (2:1). Interest on drawings is (₹3000) for A and (₹6000) for B. What will this adjustment do before profit distribution?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyThe firm has suffered a loss, and interest on a partner’s loan is payable. What is the correct treatment of this interest?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyInterest is payable on a partner's loan. If the deed is silent what rate of interest is allowed on partner's loan?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert