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Basic Concepts

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

AccountancyA partner has a loan of ₹45000. Interest is calculated at 6% for one year. What is the total amount payable (principal + interest)?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasy AccountancyIn which situation is goodwill called purchased goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyWhat is meant by ‘years’ purchase’ in the average profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyWhat effect does a firm's good reputation have on its goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyHow is goodwill classified as an asset in accounting?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyIf a partner invested additional capital in the firm and this is recorded in the books, on which side will his capital account be shown?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIn adjustments, what is the effect on total available profit when interest is charged on drawings?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf 20% of the profit is to be transferred to reserve and the total profit is ₹50,000, what is the reserve amount?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyTwo partners have equal capitals. If A's capital is ₹20,000, what will B's capital be?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyWhich item is recorded on the credit side of a partner's capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf the deed has no provision for interest on drawings when will interest be charged on partners drawings?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyWhat is the primary purpose of recording partners' names and addresses in a partnership deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy AccountancyIf the partnership deed does not specify a profit-sharing ratio, what is the usual rule?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy