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RELATED QUESTIONS

Fixed Capital

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

AccountancyIn which method is a partners current account more commonly used?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyWhy are partner drawings not recorded in capital account under fixed capital method?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyWhat is the simplest indication of the fixed capital method?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder the fixed capital method, to which account is interest on drawings debited?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder fixed capital method interest on capital is credited to which account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder fixed capital method share of loss is debited to which account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder the fixed capital method, to which account is a partner’s share of profit credited?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder the fixed capital method, drawings are debited to which account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder the fixed capital method, how does opening capital generally remain until the end of the year?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyWhy is current account prepared under fixed capital method?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder fixed capital method which change is generally recorded in the capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyThe deed follows fixed capital method and B paid a personal expense through the firm. In which account will this amount usually be recorded?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the partnership deed states that partners capitals will remain fixed but profit share will be adjusted in current accounts, which account will be credited while distributing profit?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed requires fixed capital. If extra capital is brought, which account is more appropriate for recording it?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed follows fixed capital method but the accountant debited drawings to capital account. Why is this an error?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed uses fixed capital accounts where will the year end profit share be credited?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyA deed states that capitals will be fixed. In such a case, where are additional capital and drawings generally recorded?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf the deed mentions interest on partners' current accounts, when will it apply?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the deed requires fixed capitals, where will salary and interest be shown?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyWhy is it written in the partnership deed whether capital accounts will be fixed or fluctuating?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy