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Fixed Capital

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

AccountancyUnder fixed capital method in which account will interest on capital and interest on drawings be recorded?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyA and B have fixed capitals of Rs 90000 and Rs 60000 respectively. If B brings additional capital of Rs 15000 what will be Bs new fixed capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf under fixed capital method profit share is wrongly credited to capital account what problem will occur?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyWhy is it necessary to read current account along with capital account under fixed capital method?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method to which account is a partners drawings account transferred at year end?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method which item will be recorded directly in capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder the fixed-capital method, B’s current account shows a credit balance of ₹7,500. What does it mean?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method interest on capital is Rs 4000 and interest on drawings is Rs 600. What is the correct current account treatment?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method As opening capital is Rs 80000 and he introduced additional capital of Rs 20000. If there is no withdrawal of capital what will be closing capital balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf B drawings of six thousand rupees are debited to capital account instead of current account under fixed capital method what is the correct correction?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf A interest on capital of three thousand rupees is wrongly credited to capital account under fixed capital method what correction is needed?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method A capital account is same at the beginning and end of the year. What is the most likely reason?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIn which situation are both partners capital account and current account prepared?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method which item may appear on debit side of capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method which item may appear on credit side of capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf capital account shows only opening capital and additional capital while profit and drawings are in current account which method is used?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method which item will appear on credit side of current account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method which item will appear on debit side of current account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyIf partners capital is to be kept fixed why is it improper to record share of profit in capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyUnder fixed capital method A current account had opening credit of four thousand rupees. Share of profit is seven thousand rupees and drawings are five thousand rupees. What is closing current account balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium

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