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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।

AccountancyEqual quarterly drawings of Rs 6000 are made in the middle of each quarter and interest rate is ten percent per annum. What is interest on drawings?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyEqual monthly drawings of Rs 2500 are made at the end of each month and interest rate is twelve percent. What is interest on drawings?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyEqual monthly drawings of Rs 5000 are made at the beginning of each month and interest rate is ten percent per annum. What is interest on drawings?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyInterest on capital for A B and C is Rs 9000 Rs 6000 and Rs 15000. Available profit is Rs 20000. How much interest will C receive?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyAs interest on capital claim is Rs 18000 and Bs claim is Rs 12000. Available profit is only Rs 24000. How much interest will A receive?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyB started with capital of Rs 100000 and withdrew Rs 40000 capital after eight months. At nine percent what is interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA invested Rs 60000 capital at the beginning of the year and brought additional capital of Rs 30000 after five months. At twelve percent per annum what is interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA’s current account was opened with a debit balance of ₹7,500. During the year, interest on capital was ₹11,000, profit share was ₹24,000, drawings were ₹28,000, and personal expenses were ₹3,500. What is the closing current-account balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyUnder fluctuating capital method As opening capital is Rs 140000. Additional capital is Rs 25000 profit share Rs 32000 salary Rs 18000 drawings Rs 22000 and interest on drawings Rs 2200. What is closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder fixed capital method As capital account is Rs 200000 credit current account is Rs 18000 debit and the firm has a separate loan of Rs 30000 from A. What is the total net liability towards A?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyWhat is the safest order in a multi adjustment capital accounts question?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf a partners capital account has a debit closing balance on which side will Balance carried down appear?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf As current account is Rs 12000 credit and capital account is Rs 88000 credit what will be new capital after transferring current account into capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf the firm adjusts a debit current balance due from a partner against his capital what will be the effect on capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf a partner's capital account shows a credit balance and the firm has taken a separate loan from the same partner, which of the following statements is correct?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf an amount given to a partner is not capital withdrawal but temporary advance why should it not be merged with capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf a partner took goods for personal use and cost price is Rs 8000 while selling price is Rs 10000. At what value will drawings generally be debited in capital account when the question gives cost?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf interest on drawings is credited to Profit and Loss Appropriation Account what will be its second effect in partners account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf interest on capital and partner salary are debited to Profit and Loss Appropriation Account what will be their second effect in partners account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf salary, commission and interest on capital appear in a partner's current account, how should they be treated when calculating the closing balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert