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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।

AccountancyA's capital is Rs 180000 and capitals are to be maintained in the profit-sharing ratio 2:3. Taking A's capital as the base, what should be B's required capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIn a partnership, capitals are in the profit-sharing ratio \(5:3\). If the total capital is \(\text{Rs }320,000\), what is B's required capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyBs opening capital is Rs 95000. Closing capital is Rs 108000 drawings Rs 12000 salary Rs 5000 and additional capital Rs 10000. What was the profit share?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyAs closing capital is Rs 130000. Opening capital is Rs 100000 additional capital Rs 25000 profit share Rs 15000 and interest on drawings Rs 2000. What were drawings?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyInterest on drawings of Rs 3,200 was credited to the partner’s account, although the correct treatment was a debit. By how much will the partner’s balance be overstated?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyUnder fluctuating capital method interest on As capital of Rs 8000 was wrongly debited. What is the wrong effect on capital balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA withdrew Rs 15000 in May and Rs 25000 in January. The accounting year ends in March and interest rate is ten percent. What is interest on drawings?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyEqual monthly drawings of Rs 4000 are made in the middle of every month and interest rate is nine percent per annum. What is interest on drawings?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyB invested Rs 80000 at the beginning and withdrew Rs 20000 capital after three months. At twelve percent what is interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA invested Rs 50000 capital at the beginning of the year and brought additional capital of Rs 20000 after four months. At ten percent per annum what is interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyInterest on A’s capital is Rs 14,000 and interest on B’s capital is Rs 21,000. Available profit is only Rs 28,000. If interest is restricted proportionately, how much interest will B receive?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyB's current account opened with a Rs 5,000 debit balance. During the year his profit share was Rs 18,000 and partner's salary Rs 6,000 (both credited); drawings were Rs 11,000 and interest on drawings Rs 800 (debited). What is the closing balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA’s current account begins with a credit balance of ₹9,000. During the year, interest on capital is ₹7,500, commission is ₹5,500, drawings are ₹20,000, and A’s share of loss is ₹3,000. What is the closing current-account balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyUnder fluctuating capital method As opening capital is Rs 110000. He brought additional capital of Rs 30000 after six months salary is Rs 12000 profit share is Rs 21000 drawings are Rs 14000 and interest on drawings is Rs 1600. What is closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder fixed capital method As capital is Rs 150000 and current account has Rs 12000 debit balance. During the year A brought additional capital of Rs 25000 received salary of Rs 16000 and made drawings of Rs 9000. What is As net closing position?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyWhich matching is most useful in an advanced capital accounts question?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIn a hard capital account question if additional capital is given with date but interest calculation is not asked how is the amount recorded in capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyUnder fluctuating capital method capital account has debit balance but it is shown on liabilities side. What presentation is correct?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf under fixed capital method balances of capital account and current account are combined and shown as one capital balance what is the risk?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA contributed building as capital and firm also accepted outstanding tax on building. What will be deducted while finding net credit to capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard