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Distributable Profit

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

AccountancyThe credit side of the Profit and Loss Appropriation Account shows profit of ₹1,30,000 and interest on drawings of ₹7,000. The debit side shows interest on capital of ₹36,000, salary of ₹24,000 and commission of ₹10,000. What amount of profit will be distributable among the partners?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyThe debit side of the Profit and Loss Appropriation Account shows interest on capital of ₹36,000 and partners’ salary of ₹24,000. The credit side shows net profit of ₹90,000 and interest on drawings of ₹6,000. What amount of residual profit will be distributed among the partners?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyWhat is the effect when general reserve is debited in Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyNet profit is Rs 130000. Interest on drawings is Rs 6000 and partner salary is Rs 36000. What will be distributable profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf interest on drawings is credited in the Profit and Loss Appropriation Account, how does it affect the remaining profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyNet profit is Rs 110000. Interest on drawings is Rs 4000 and interest on capital is Rs 26000. What will be distributable profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf in a year an excess reserve was created, how would the partners' distributable profit for that year be affected?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on drawings is omitted, how will distributable profit appear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf a partner’s salary is omitted by mistake, what will be the effect on distributable profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf net profit is Rs 90000 interest on capital is Rs 20000 and interest on drawings is Rs 5000 what is distributable profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIn adjustments — if interest on capital is allowed in a partnership, what is the effect on the total distributable profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on drawings Rs 8000 is wrongly debited though it should be credited what is the wrong effect on distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIn appropriation account if net profit credit is Rs 130000 interest on drawings credit is Rs 7000 and debit items are Rs 52000 what is distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA and B share profits in the ratio 5:3. If the distributable profit is Rs 96,000, what is A's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf interest on drawings is not credited in appropriation account by mistake how will distributable profit appear?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIn appropriation account credit items are Rs 120000 and debit appropriation items are Rs 45000. What is distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf profit is Rs 55,000, interest on drawings is Rs 5,000 and salary is Rs 10,000, what is the distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf total profit is ₹80,000 and the reserve fund is ₹16,000, what is the distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf profit is one lakh rupees and ten percent is transferred to reserve what is distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyWhat is the effect of creating reserve in partners profit distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy