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Capital Accounts

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

AccountancyIf drawings and interest on drawings both appear in current account how will both be treated while finding closing balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA and B capitals are Rs 200000 and Rs 120000 respectively. Profit ratio should be two to one and Bs capital is to be taken as base. What should A do?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf capitals are to be adjusted in profit ratio and no partner is allowed to withdraw money how can excess capital position be handled?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf capital accounts are to be adjusted in profit ratio and bringing additional capital is not allowed how may the deficiency of a partner be adjusted?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf interest is to be charged on a debit capital balance of Rs 20,000 at 6% per annum for six months, what will be the interest?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyAs capital account is Rs 30000 credit and current account is Rs 42000 debit. What is As net position?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf capital account has a credit balance but current account has a larger debit balance what may be the partners overall position?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA partner contributes a building valued at Rs 2,00,000 as capital, and the firm assumes a loan of Rs 50,000 secured on the building. How much will be credited to the partner’s capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf a partner brings a building as capital and the firm also takes over an old loan on that building at what value will capital account be credited?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyAs capital was Rs 40000 for four months Rs 70000 for next four months and Rs 100000 for last four months. What is average capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf A's average capital is Rs 120,000 and B's average capital is Rs 80,000 and the interest on capital is 5% per annum, what is the total annual interest for both?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder fluctuating capital method closing capital balances of three partners are Rs 60000 credit Rs 30000 credit and Rs 10000 debit. What is total net capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder fixed capital method A and B capitals are Rs 100000 and Rs 80000. Current accounts are A Rs 5000 credit and B Rs 7000 debit. What is total net partners claim?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyAs capital account is Rs 220000 credit and current account is Rs 18000 debit. If the firm also separately owes A a loan of Rs 20000 what is total liability towards A?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder the fixed-capital method, a return of capital of Rs 30,000 is treated as ordinary drawings and debited to the current account. What is the error?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA brought a personal asset into the firm as capital whose correct value was Rs 60000 but it was recorded at Rs 50000. By how much will As capital be understated?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf a partner paid Rs 12000 advertisement expense for the firm from personal account and it was treated as drawings what is the correction?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder fixed capital method personal expense of Rs 7000 was wrongly treated as firm expense and not recorded in partners account. What is the correct capital treatment?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder the fluctuating capital method, a partner's salary has been omitted by mistake. If the salary amount is Rs 12,000, what is the effect on the closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyThree partners capitals should be in ratio one to two to three. Total capital is Rs 480000 and first partners actual capital is Rs 90000. What should the first partner do?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert