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Deceased Partner

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

AccountancyA deceased partner’s total claim is ₹1,32,000. If the partner’s drawings amount to ₹12,000, what will be the net claim after adjustment?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyUntil it is paid, how is the amount due to a deceased partner classified in the firm’s books?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the death of a partner, how is the deceased partner’s share of accumulated loss recorded in his account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhen a partner dies, which rule is applied to calculate the partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA firm earns an annual profit of ₹16,20,000. If a partner dies after 4 months of the financial year, what profit is attributable up to the date of death on a time basis?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the deceased partner’s annual share of profit is ₹12,96,000, what will be the share of profit for 7 months up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy are the average profits of previous years used to estimate the current year’s profit while determining a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is a deceased partner’s share of profit calculated only up to the date of death and not for the future period?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA deceased partner’s share of the annual profit is ₹6,96,000. What estimated share of profit will be calculated for the 5 months up to the date of retirement or death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyAfter determining the deceased partner’s share of profit up to the date of death, to which account is the amount ultimately transferred?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner dies after 11 months of the accounting year. If his share in the annual profit is ₹5,04,000, what will be his share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner dies after 9 months of the financial year. If the profit of the previous year was ₹14,40,000 and profit is earned uniformly throughout the year, what amount of profit will be considered as the deceased partner’s share up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyAccounting for a deceased partner’s share of profit accrued up to the date of death reflects which principle?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner died after completing 8 months of the financial year. If the firm's estimated annual profit is ₹3,72,000 and profit accrues evenly throughout the year, what is the deceased partner's proportionate share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIn which situation is a deceased partner’s share of profit up to the date of death determined?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf a deceased partner’s estimated annual share of profit is ₹8,64,000, what will be the share of profit for the first 10 months of the accounting year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA deceased partner’s estimated annual share of profit is ₹2,04,000. What will be the partner’s share of profit for the 5 months up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is a time ratio necessary for calculating the deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe firm’s annual profit is ₹18,00,000, earned uniformly throughout the year. What is the estimated profit for the 2 months up to the partner’s death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhen the deceased partner’s share of profit up to the date of death is credited to the partner’s capital/current account, what is the effect on the account’s credit balance?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert