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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।

AccountancyUnder fluctuating capital method A closing capital is seventy five thousand rupees. If share of profit eleven thousand rupees was omitted what is correct closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA interest on capital is six thousand rupees and interest on drawings is two thousand rupees. Both were wrongly debited. Compared with correct position how will capital be shown?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf partners loan is wrongly credited to capital account what presentation error will occur?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyUnder fixed capital method A current account is debit twelve thousand rupees and capital account is credit forty thousand rupees. If A withdraws eight thousand rupees from permanent capital which balance changes?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf a partner contributes personal asset as capital and agreed value differs from market value which value should be recorded in capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyUnder fixed capital method current account has debit balance twenty thousand rupees and capital account has credit balance fifty thousand rupees. If both are presented net what will be net liability?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf partners capital account is mixed with loan account what problem will arise?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf a partners closing capital balance is debit on which side is balance carried down written while balancing the account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA capital account has closing credit balance of seventy five thousand rupees. On which side will balance carried down be written while balancing the account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA partner contributed a personal building as capital with book value forty thousand rupees and agreed value forty five thousand rupees. What amount will be credited to capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf By Balance brought down is written in capital account what does it show?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf A's capital account has a closing balance of Rs 64,000 as a credit (not a debit), what does this indicate?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyUnder the fluctuating capital method, if a partner's share of profit is accidentally omitted from his capital account, what will be the effect on his closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf A and B share a loss in the ratio 4 : 1 and the total loss is Rs 25,000, how much will be debited to B's capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf A and B share profits in the ratio 3 : 2 and the total profit is Rs 50,000, how much will be credited to A's account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIn the format of a partner's Capital Account, if the opening capital balance is a normal credit, on which side of the account is it recorded?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyA gave a loan of Rs 30,000 to the firm. Why should it be shown separately instead of being merged with the capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyUnder fixed capital method As capital account is Rs 75000 credit and current account is Rs 6000 debit. What will be the net claim?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf A withdrew Rs 15,000 from the firm and later deposited Rs 5,000 back, what will be the net drawings?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf the firm returns capital to a partner through bank which account will be debited?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium