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Fluctuating Capital

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

AccountancyUnder fluctuating capital method partner salary will be credited to which account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyUnder fluctuating capital method opening capital is Rs 90000 profit share Rs 25000 salary Rs 10000 and drawings Rs 18000. What is closing capital?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyUnder fluctuating capital method in which account will the second effect of interest on drawings be debited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf interest on capital is omitted under fluctuating method which account of the concerned partner is credited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf the fluctuating capital method is followed, in which account will an omitted drawing be recorded?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyUnder the fluctuating capital method, if a partner's profit share is omitted from the closing capital, what will be the effect on the closing capital?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyUnder fluctuating capital method opening capital is Rs 70000 profit share Rs 15000 and drawings Rs 9000. What is closing capital?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyUnder fluctuating capital method partners share of profit will be credited to which account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyUnder fluctuating capital method regular adjustments are made in which account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyUnder fluctuating capital method partners final share of profit will be credited to which account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyUnder fluctuating capital method the firm paid partners personal vehicle insurance of Rs 9000. What is the correct capital treatment?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIn a partnership, interest on capital of Rs 9,000 was omitted from the capital account. Under the fluctuating capital method, what will be the effect on the closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyAs closing capital is Rs 165000. Opening capital is Rs 130000 additional capital Rs 20000 salary Rs 10000 drawings Rs 12000 and interest on drawings Rs 3000. What was the profit share?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder fluctuating capital method As opening capital is Rs 140000. Additional capital is Rs 25000 profit share Rs 32000 salary Rs 18000 drawings Rs 22000 and interest on drawings Rs 2200. What is closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder fluctuating capital method closing capital balances of three partners are Rs 60000 credit Rs 30000 credit and Rs 10000 debit. What is total net capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder the fluctuating capital method, a partner's salary has been omitted by mistake. If the salary amount is Rs 12,000, what is the effect on the closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder fluctuating capital method interest on As capital of Rs 8000 was wrongly debited. What is the wrong effect on capital balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder fluctuating capital method As opening capital is Rs 110000. He brought additional capital of Rs 30000 after six months salary is Rs 12000 profit share is Rs 21000 drawings are Rs 14000 and interest on drawings is Rs 1600. What is closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder the fluctuating capital method, partner A's capital is Rs 1,00,000. In a goodwill adjustment A's capital account is first debited by Rs 15,000 and later credited by Rs 15,000 as profit share. What is the net effect on A's capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyUnder fluctuating capital method partner salary was credited to capital account when due and debited again on payment. What is the net effect?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard