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Guarantee Deficiency

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

AccountancyA, B and C share profits in (3:2:1). C is guaranteed (₹40000). Total profit is (₹150000) and deficiency will be borne by A and B in their ratio. How much will A bear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA, B and C share profits in (2:2:1). C is guaranteed (₹30000). Total profit is (₹100000) and A alone bears the deficiency. What is A's final profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in (7:3). B is guaranteed (₹45000). Profit is (₹120000) and A bears the deficiency. What is A's final profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyB is to receive guarantee deficiency of eighteen thousand rupees. This deficiency is borne by A and C in ratio two to one. What happens in B account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyB is to receive guarantee deficiency of eighteen thousand rupees. A and C bear it in ratio two to one. What is the effect in C account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyGuarantee deficiency was treated as extra firm expense and debited to appropriation account. Why is this wrong?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyB is to receive guarantee deficiency of twelve thousand rupees. Deficiency is borne equally by A and C. What is the effect in A account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf A and C equally bear B guarantee deficiency what happens in A and C accounts?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf B has a guarantee and the deficiency is to be made good equally by A and C how will deficiency be shown in B account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyBy whom is deficiency of guarantee generally made good?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy