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Current Account

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

AccountancyIf debit balance of current account keeps increasing under fixed capital method what weakness may it indicate?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHardAccountancyUnder fixed capital method A capital is sixty five thousand rupees and current account has credit balance seven thousand rupees. If A withdrew five thousand rupees cash and it is treated as drawings which account is affected?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHardAccountancyIf partners capital is to be kept fixed as per deed which item should not go to capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHardAccountancyA capital is one lakh rupees and current account has debit balance of twelve thousand rupees. How should the net effect be understood in balance sheet?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHardAccountancyUnder fixed capital method B current account has opening credit balance of five thousand rupees. Share of loss is nine thousand rupees drawings are six thousand rupees and interest on capital is four thousand rupees. What is the closing current account balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHardAccountancyUnder fixed capital method A current account has opening debit balance of six thousand rupees. Salary is twelve thousand rupees profit share is eight thousand rupees drawings are ten thousand rupees and interest on drawings is two thousand rupees. What is closing current account balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHardAccountancyIf Bs opening current account is Rs 1000 debit commission is Rs 7500 and interest on drawings is Rs 500 what will be closing balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf A’s opening current-account balance is a credit of Rs 2,000, salary is Rs 5,000, and drawings are Rs 9,000, what will be the closing balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf the deed is silent why will interest on drawings not be charged in capital or current account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder the fixed capital method, which item is recorded in the current account and not in the capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf interest on capital is Rs 7000 and partner salary is Rs 11000 what will be total credit in current account under fixed method?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method As capital account is Rs 75000 credit and current account is Rs 6000 debit. What will be the net claim?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder the fixed capital method, partner A's capital account shows a balance of Rs 100,000 and the current account shows a Rs 15,000 credit balance. What is A's total position?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf Bs current account starts with Rs 3000 debit and he receives interest on capital of Rs 8000 what will be the closing balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf As current account starts with Rs 5000 credit and drawings during the year are Rs 9000 what will be the closing balance if there is no other item?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method in which account will interest on capital and interest on drawings be recorded?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf B’s salary is Rs 12,000 and commission is Rs 3,000, what will be the total credit in B’s current account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf a current account is separately prepared under fluctuating capital method what main care is needed?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyWhy is it necessary to read current account along with capital account under fixed capital method?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyB's capital account shows Rs 55000 credit and his current account shows Rs 8000 credit. What is B's total credit position?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium

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