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Insufficient Profit

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

AccountancyProfit is ₹80000. Partner salary due is ₹50000 and interest on capital due is ₹70000. The deed gives priority to salary. How much interest on capital can be allowed?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyThe deed provides 8% interest on capital. Profit is only ₹36000. Capitals of A and B are ₹300000 and ₹200000 respectively. There is no other appropriation. How much interest will B receive?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA and B have capitals of (₹240000) and (₹160000). Interest on capital is (7.5%). Profit is only (₹20000). How much interest will A receive?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyInterest on capital due to A and B is ₹24000 and ₹16000 respectively. Available profit is only ₹30000 and there are no other appropriations. How much interest will be allowed to B?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyProfit is ₹50000. Interest on capital is ₹32000 and partner salary is ₹28000. The deed gives no priority. How will total claims be reduced?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA introduced capital of (₹80000) and B introduced (₹120000) at the beginning of the year. Interest on capital is (10%) and profit is (₹15000). How much interest will A receive?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B have capitals of ₹100000 and ₹150000. Profit ratio is 2:3. Interest on capital is 10% and available profit is only ₹20000. How much interest will B receive?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyProfit is ₹70000. Interest on capital due is ₹50000 and partner salary due is ₹30000. The deed says both are payable only if there is profit. What is the correct treatment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyPartnership deed allows 10% interest on capital but profit is only ₹18000. Capitals of A and B are ₹200000 and ₹100000. There is no other appropriation. How will interest on capital be allowed?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyThe deed provides interest on capital but available profit is only Rs 18000 and interest claim is Rs 24000. How much interest is generally allowed?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf the deed provides interest on capital but profit is not sufficient in the year, what is the general adjustment limit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyAvailable amount is Rs 170000. Interest on capital claim is Rs 70000 and salary claim is Rs 120000. If no order is given how much salary will be allowed?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyNet profit is Rs 160000 and interest on drawings is Rs 10000. Interest on capital claim is Rs 70000 and salary claim is Rs 120000. No order is given. What is the available amount?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyInterest on capital claims are A Rs 32000 B Rs 48000 and C Rs 40000. Available profit is Rs 75000. How much interest will B receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyNet profit is Rs 120000 and interest on drawings is Rs 6000. Interest on capital claim is Rs 50000 and salary claim is Rs 90000. No order is given. What is available amount?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyInterest on capital claims are A Rs 24000 B Rs 36000 and C Rs 30000. Available profit is Rs 60000. How much interest will C receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyA's agreed salary is ₹30,000 and B's agreed salary is ₹15,000. However the available profit is only ₹27,000 and salaries are to be paid proportionately. How much salary will B receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyProfit is forty eight thousand rupees and total partner salary is sixty thousand rupees. Deed says salary is payable proportionately up to available profit. A salary is forty thousand and B salary is twenty thousand. How much will A get?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyThe deed says reserve of thirty five thousand rupees must be created first and then interest on capital is allowed. Profit is one lakh rupees and total interest on capital is eighty thousand rupees. What amount is available for interest on capital?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyThe deed says interest on capital is payable only if profit is available. Available profit is seventy two thousand rupees and interest on capital for A and B is fifty thousand and forty thousand rupees respectively. How much interest will A get?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard