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Capital Overstatement

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

AccountancyDrawings of Rs 18,000 were not recorded in the fluctuating capital account. What is the effect on the closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf interest on capital five thousand rupees was credited twice and interest on drawings two thousand rupees was omitted how much is capital overstated in total?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyUnder fluctuating capital method A capital was credited with profit share ten thousand rupees and revaluation profit four thousand rupees. If only profit share should have been recorded how much is capital overstated?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf debit balance of drawings account is not closed at year end what may be the effect on capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyUnder fluctuating capital method if share of loss is wrongly credited what will be the total effect of the error?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard