Skip to content

Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

RELATED QUESTIONS

Appropriation Account

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

AccountancyNet profit in the Profit and Loss Appropriation Account is ₹200000. Interest on drawings is ₹8000. Partner salary is ₹40000 interest on capital is ₹30000 and commission is ₹10000. What will be the remaining distributable profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyWhich item correctly appears on the credit side of the Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyWhich item normally appears on the debit side of the Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyNet profit in the Profit and Loss Appropriation Account is ₹180000. Interest on drawings is ₹6000. Interest on capital is ₹30000 and salary is ₹24000. What is the distributable residual profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard 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 AccountancyIn which situation is the Profit and Loss Appropriation Account prepared?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyPartner salary of Rs 8,000 was credited to the Appropriation Account although it should have been debited. What is the effect on remaining profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf interest on capital is debited to the appropriation account, what is the corresponding entry in the partner's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf interest on drawings is credited to the appropriation (profit distribution) account, what will be the corresponding effect in the partner's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyOn which side of the Profit and Loss Appropriation Account is interest on drawings recorded?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIn the appropriation account, net profit of Rs 380000 and interest on drawings of Rs 22000 are shown on the credit side. Total debit items amount to Rs 150000. The remaining profit is to be divided in the ratio 4:3:2. What is the second partner's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyTotal credit in appropriation account is Rs 510000. Salary is Rs 80000 interest on capital Rs 90000 and reserve Rs 50000. Remaining profit is shared by A and B in ratio six to five. What is As share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIn the appropriation account net profit of ₹260000 and interest on drawings of ₹18000 are shown on the credit side. Total debit items amount to ₹98000. The remaining profit is to be shared in the ratio 3 : 2 : 2. What is the second partner's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyThere is a loss for the year, but the partnership deed clearly provides for interest on drawings. How should interest on drawings be shown in the appropriation account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyPartner salary of Rs 18,000 was wrongly credited to the Appropriation Account although it should have been debited. By how much will the remaining profit be overstated?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyTotal credit in appropriation account is Rs 360000. Salary is Rs 50000 interest on capital Rs 70000 and reserve Rs 40000. Remaining profit is shared by A and B in ratio five to four. What is Bs share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyAfter allowing partner salary the appropriation account shows a loss of 10,000 rupees. Partners A and B share profits and losses in the ratio 2:3. How much will be debited to A's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyReserve of twenty five thousand rupees should have been debited but was credited. What is the total error effect on distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyInterest on capital twenty thousand rupees should have been debited but was wrongly credited. Compared with correct position how much higher will available profit appear?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf debit and credit totals of appropriation account are not equal after distributing final profit what is the most likely reason?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert