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Death Of Partner

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

AccountancyIf a deceased partner’s capital is ₹52,000 and accumulated profit credited to the partner’s account is ₹8,000, what total amount is payable to the deceased partner on the basis of these two items?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyOn a partner’s death, if the amount due to the partner is not paid immediately, to which account is it transferred in the firm’s books?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhen a partner dies, how is the deceased partner’s share of undistributed profit treated in their Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA deceased partner’s capital is ₹60,000 and their share of the reserve fund is ₹4,000. What is the total of these two amounts?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhy may interest on a deceased partner’s capital up to the date of death be credited to the partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyTo calculate the deceased partner’s share of profit payable up to the date of death, which ratio should be identified first?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyOn a partner’s death, how is the deceased partner’s share of accumulated profits recorded in the partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf a partner dies 4 months after the beginning of the financial year and the annual profit is ₹3,00,000, what will be the time-based profit up to the date of death, assuming that profit accrues evenly throughout the year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the annual profit of the previous year was ₹72,000 and a partner died 2 months into the current year, what would be the estimated profit up to the date of death, assuming profits accrue evenly?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen can the deceased partner’s share of the Investment Fluctuation Reserve be transferred to their account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyThe profit of the previous accounting year was ₹84,000. A partner died 9 months after the beginning of the current accounting year. Based on the previous year’s profit, what is the estimated profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is a deceased partner’s share in the general reserve added while calculating the amount due to the partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyFor calculating a partner’s share of profit up to the date of death, what should be followed if the partnership deed specifies a particular method?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the deceased partner’s share of revaluation profit added to their account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA deceased partner’s capital balance is ₹50,000 and their share of profit is ₹2,000. Based on the information given, what total amount is payable to the partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyOn the death of a partner, how is the partner’s share of accumulated profits accounted for?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyOn the date of a partner’s death, the balance in the partner’s capital account is ₹80,000. From which account will this amount be taken while calculating the amount due to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen is the deceased partner’s share of the Investment Fluctuation Reserve transferred to their capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen is estimated profit used to calculate a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen a partner dies, what is the main purpose of preparing the deceased partner’s final account in a partnership firm?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium