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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।

AccountancyAs capital account has Rs 90000 credit and current account has Rs 12000 debit. What is As net position?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf interest on drawings is not mentioned in the deed what will happen in partners capital or current account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf a partners opening current account is nil salary is Rs 6000 and drawings are Rs 2500 what will be closing current balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method to which account is a partners drawings account transferred at year end?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf Bs current account has opening credit balance of Rs 4000 and drawings are Rs 6500 what will be closing balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf As current account has opening debit balance of Rs 3000 and profit share is Rs 10000 with no other item what will be closing balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf fluctuating capital method is adopted why are separate current accounts generally not prepared?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder the fixed-capital method, B’s current account shows a credit balance of ₹7,500. What does it mean?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method As current account shows Rs 2000 debit balance. What is its correct meaning?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method interest on capital is Rs 4000 and interest on drawings is Rs 600. What is the correct current account treatment?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method salary payable to partner is paid in cash. What is the correct accounting idea?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIn which situation are both partners capital account and current account prepared?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf current account has debit balance why may it be shown on assets side of balance sheet?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf capital account shows only opening capital and additional capital while profit and drawings are in current account which method is used?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method which item will appear on credit side of current account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method which item will appear on debit side of current account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method B current account had opening debit of three thousand rupees. Salary is eight thousand rupees and drawings are seven thousand rupees. What is the closing balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method A current account had opening credit of four thousand rupees. Share of profit is seven thousand rupees and drawings are five thousand rupees. What is closing current account balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf the firm pays a partner’s personal loan under the fixed-capital method, which account will be debited?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder the fixed-capital method, A’s capital is ₹30,000 and the current account has a credit balance of ₹5,000. What is the total liability related to A in the balance sheet?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium

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