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Equal Sharing

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

AccountancyIf partners' profit sharing ratio is not given, what is generally assumed?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, a profit of ₹42,000 is to be distributed equally among three partners. What share of the profit will each partner receive?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyThe Realisation Account shows a profit of ₹21,000. If the firm has three partners who share profits equally, what amount will be transferred to each partner’s account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn dissolution of a partnership firm, ₹12,000 is available for distribution after paying all liabilities and realization expenses. If the two partners share profits and losses equally, how much will each partner receive?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyProfit and Loss debit balance ₹66000 was shared equally instead of old ratio 4:7. What was the effect on the first partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyProfit and Loss debit balance ₹45000 was shared equally instead of old ratio 2:3. What was the effect on the first partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA and B share old profits in 6:4. General reserve ₹70000 and Profit and Loss credit balance ₹30000 are wrongly shared equally. How much less or more did A receive?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyGeneral Reserve is ₹72000 and old partners share 7:2. If it is wrongly shared equally who will lose?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the admission of a new partner, if the old profit-sharing ratio of the existing partners is not given, in what ratio are they generally assumed to share profits?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf the old partners’ profit-sharing ratio is not given, on what basis is the reserve distributed when a new partner is admitted?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyGeneral Reserve is ₹56000 and old partners share 5:2. If it is wrongly shared equally who will lose?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf old partners profit ratio is not given what is the usual assumption for distributing reserve?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf old partners ratio is not given what is generally assumed for distributing reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf old partners' ratio is not given then generally how will revaluation profit be shared?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyA and B share profits equally. C is admitted for a 1/4 share. If the remaining profit is shared equally by A and B, what is the new ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioMedium AccountancyThe deed is silent and partners worked for unequal time. How will remaining profit generally be shared?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf reserve was created excess by five thousand rupees and profit was shared equally how much will each of two partners be credited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf A and B share profits equally (1:1) and an omitted expense of ₹6,000 from a prior period is discovered, how much will be debited to B's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf A and B share profits equally (1:1) and an omitted income of four thousand rupees is discovered, how much will be credited to A?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf omitted income is nine thousand rupees and A B C share profits equally how much will each be credited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy