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Deed

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

AccountancyThe deed requires consent of all partners to sell firm assets. If an asset is sold without consent what accounting dispute arises?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed provides rent to a partner for using his machine in firm business. What is this payment treated as?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed says partner A gets ten percent commission on profit and remaining profit is shared equally how will profit left after commission be shared?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed prohibits opening a new branch without consent of all partners how will a dispute about branch expenses be settled?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed provides arbitration for disputes among partners. What is its accounting related benefit?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed gives different salary rates to partners how will they be distributed in the Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed states the method of returning partners capital. What is the biggest benefit at dissolution?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed says a new partner shares only profits and not losses from whom will loss be recovered?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyWhy is it useful to write the order of appropriation items in the partnership deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed treats insurance claim received as capital profit. Where may this amount be transferred?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed says partners need written permission before taking loans. What problem can an unauthorized loan create?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed requires goodwill to be brought in cash on admission but the new partner does not bring cash what is the usual adjustment in old books?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed states a procedure for changing profit sharing ratio why is applying a new ratio without written amendment risky?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed charges interest on drawings but a partner takes goods for personal use. What is the correct treatment?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed fixes the accounting year as April to March for which period will the Profit and Loss Appropriation Account be prepared?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyWhat is the strongest accounting benefit of writing partners rights and duties in the deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed provides salary and commission to partners. If the remaining amount becomes negative after these appropriations in what ratio will the final loss be shared?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed mentions the method of valuation of goodwill, when will it be most useful?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyMentioning the duration of the firm in the deed is especially useful in which situation?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyThe deed contains a minimum profit guarantee clause. What will it affect?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium