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Capital Account

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

AccountancyIf B's correct share was ₹11,000 but he was paid only ₹8,000, what will be the effect on B's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy 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 AccountancyIf the firm returns ₹10,000 of capital to a partner, what entry will be made in the partner's capital account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyB paid the firm's repair expense of Rs 7,000 from personal cash. What will be the effect on B's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf A and B's correct profit-sharing ratio is 1:1 but the entire profit is credited to A's account, what will be the effect on B's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyUnder fluctuating capital method regular adjustments are made in which account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf a partner's drawings were accidentally omitted from the books, what will be the effect on his account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyA was paid Rs 96,000 according to the old profit-sharing ratio but under the correct calculation he should have received only Rs 84,000. In the adjustment, what will be the treatment of A's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIf the firm incurred a loss of Rs 50,000 and the deed specifies the loss-sharing ratio as 2 : 3 (A : B), how much will be debited to B's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf a net loss remains in the appropriation account, in what form will it be transferred to the partners' accounts?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyUnder fluctuating capital method partners final share of profit will be credited to which account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIn profit distribution final profit share may go to which partners account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf interest on A's capital is Rs. 2,000, what happens in A's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyWhere does the second effect of partners residual profit share go from Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyPartners share of profit is credited to which account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf credit for asset brought by partner should have been Rs 45000 but was recorded as Rs 54000 by how much is capital overstated?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf a partner purchased a computer for the firm and paid by personal card what will happen in his account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf a partner brings goods as capital but GST or tax detail is not given in the question what is the main focus in capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyB's current account shows a debit balance of Rs 17,000 and the capital account shows a credit balance of Rs 95,000. What will be the new capital balance after transferring the current account balance into capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA partner brought machine of Rs 150000 as capital but the firm also took related liability of Rs 30000. Which entry is correct?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert