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Fixed Capital Method

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

AccountancyAt the dissolution of a partnership firm, if B’s current account has a debit balance of ₹4,500 under the fixed capital method, what adjustment will be made in B’s capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyUnder fixed capital method where is interest on drawings recorded?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyUnder the fixed capital method, drawings of a partner are debited to which account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder the fixed capital method, interest on capital was recorded in the Capital Account. In which account should it have been recorded?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyUnder the fixed capital method, a partner's share of profit will be credited to which account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyUnder the fixed-capital method, a return of capital of Rs 30,000 is treated as ordinary drawings and debited to the current account. What is the error?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyUnder the fixed capital method, to which account is a partner’s salary credited?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf the deed requires fixed capitals in which account will appropriations like salary and interest be recorded?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyWhy is the use of fixed capital method written in the deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium