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Capital Withdrawal

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

AccountancyB withdrew capital of ₹60000 on 1 October. The year is from 1 April to 31 March and interest on capital is 10%. What is the reduction in interest?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyB invested ₹240000 capital at the beginning of the year and withdrew ₹80000 on 1 January. Interest on capital is 9% per annum. What total interest on capital will B receive?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA permanently withdrew (₹40000) from capital on 1 January. Interest on capital is (9%) per annum and the year ends on 31 March. What is the effect on interest?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyB withdrew capital of ₹40000 on 1 January. The year is from 1 April to 31 March. Interest on capital is 10%. By how much will interest reduce due to this withdrawal?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyB invested Rs 100000 capital at the beginning and withdrew Rs 40000 after nine months. What is interest on capital at twelve percent?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyB invested Rs 70000 capital at the beginning and withdrew Rs 30000 after six months. What is interest on capital at ten percent?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf a partner withdrew capital and the transaction was not recorded in the books, what will be the effect on his capital account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy 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 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 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 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 AccountancyIf the firm returned capital to a partner but treated it as drawings what is the main difference?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA invested Rs 30000 at the beginning of the year and withdrew Rs 20000 after three months. At twelve percent what will be interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder fixed capital method A capital is one lakh rupees. He made normal drawings of eight thousand rupees and permanent capital withdrawal of twelve thousand rupees. What will be closing capital account balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA withdrew twelve thousand rupees from the firm. Eight thousand rupees is normal drawings and four thousand rupees is permanent capital withdrawal. Under fixed capital method which is correct?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf As closing capital is Rs 88000 opening capital is Rs 80000 and additional capital is Rs 15000 what was capital withdrawn if there is no other item?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf As capital is Rs 50000 he withdrew capital of Rs 10000 and received profit of Rs 8000 what will be closing capital under fluctuating method?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyUnder fixed capital method which item may appear on debit side of capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyUnder fixed capital method A capital is eighty thousand rupees and he withdrew five thousand rupees as capital. What will be the closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyWhen capital is withdrawn, which side of the capital account is affected?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy