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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।

AccountancyIf profit is earned uniformly throughout the year, which ratio is used to estimate the deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is a deceased partner entitled to a share of the profit earned by the business up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyFor calculating a deceased partner’s share of profit, if the profit of the previous year was ₹1,20,000 and profit is assumed to accrue evenly throughout the year, what is the estimated profit attributable to the 3 months preceding death in the current year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the partnership deed is silent, where is the profit share up to the date of death credited?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyThe deceased partner’s share of profit up to the date of death is generally calculated on which basis?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy are the deceased partner’s drawings deducted while calculating the amount payable to the partner up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyUntil the deceased partner’s claim is fully paid, what is the status of the legal representative in relation to the firm?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhat is the significance of the date of death when determining a deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyUntil it is paid, what is the nature of the amount due to the deceased partner from the firm?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the death of a partner, if the balance of the partner’s Capital Account is ₹1,00,000, the goodwill adjustment is ₹20,000, and drawings are ₹5,000, what will be the net amount payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyPayment of the amount due to a deceased partner reflects which principle?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhy is the deceased partner’s share of the reserve fund credited to his account in a partnership firm?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyHow is the salary due to a deceased partner treated in the partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyIn a firm, a deceased partner’s capital is ₹68,000 and the partner’s share of undistributed profit is ₹7,000. Based on these two items, what total amount is payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA deceased partner’s capital is ₹1,20,000 and their share of accumulated profits is ₹18,000. What total amount will be credited to the partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is revaluation loss deducted from the deceased partner’s share while calculating the amount due to him or her?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhat is the effect of the deceased partner’s share of goodwill in the final settlement?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the deceased partner’s share of profit earned after the date of death not credited to the deceased partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhat is the accounting effect of accumulated profits on the deceased partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyOn the death of a partner, which of the following items is generally credited to the deceased partner’s capital account while determining the amount payable to the executor?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium