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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 A and B should receive Rs 12,000 and Rs 8,000 respectively but both received Rs 10,000, what is the final adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyA and B share profits in the ratio \(2:3\). A profit-increasing adjustment of ₹15,000 is made. How much will be credited to B’s capital/profit-sharing account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIn a partnership, an expense of \(\text{Rs }12{,}000\) is omitted from the books. Profits are shared equally by \(A\), \(B\), and \(C\). The omitted expense should be debited to each partner’s capital account by how much (in Rs)?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyWhy is cash account often not affected while correcting old profit distribution error?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIn the journal entry for distributing a loss among partners, what happens to the partners' accounts?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyWhen a partnership's net loss is distributed among partners, what entry is made in their capital or current accounts?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf the partnership deed is silent about interest on drawings, should interest on drawings be charged?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIn an expert level capital accounts question what is the strongest control check?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf current accounts must be closed before adjusting partners capitals in profit ratio what should be done first?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf partner salary is due but not paid in cash what is the correct effect in capital or current account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf partner salary is paid in cash and also credited to current account what is the problem?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf firm returned capital of Rs 50000 to a partner but treated it as drawings and debited current account which account needs correction?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyAs capital remained Rs 60000 for three months Rs 90000 for six months and Rs 120000 for three months. What is average capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf A’s average capital is ₹90,000 and the rate of interest on capital is 11%, what is the interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf credit items in a partners account are Rs 75000 and closing balance is Rs 13000 debit what were total debit items?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf debit items in a partners account are Rs 42000 and closing balance is Rs 9000 credit what were total credit items?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf total credit items in a partner's account are Rs 56,000 and total debit items are Rs 63,000, what will be the closing balance?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 the firm purchased private investments for a partner and paid from firm bank what will happen in capital accounts?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