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Interest On Capital

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

AccountancyB's capital is credit ₹48000. Share of accumulated loss is ₹7500 and interest on capital due is ₹2500. What is final balance?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyInterest on capital payable is recorded on which side of a partner's capital account on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf interest on capital is payable according to the partnership deed and the fluctuating capital method is followed, what entry will be made in the capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf interest on capital is outstanding on dissolution what is generally done in the partner's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf interest on a partner’s capital is due, on which side of the partner’s capital account will it be recorded at the time of dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf interest is payable under the partnership deed, how is the interest accrued on the deceased partner’s capital up to the date of death treated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyHow is the interest accrued on the deceased partner’s capital up to the date of death accounted for?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhich of the following items is credited to the deceased partner’s account when it has accrued up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIf interest is payable according to the partnership deed, how is the interest accrued on the deceased partner’s capital up to the date of death treated in the amount due to the partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIn which situation is interest on capital included in the deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyAfter a partner’s death, up to what point may interest be added to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyHow is interest due on the deceased partner’s capital treated while calculating the amount payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhy may interest on a deceased partner’s capital up to the date of death be credited to the partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA and B share profits in the ratio 2:1. Correct interest on capital was ₹18,000 and ₹12,000, but it was wrongly allowed as ₹20,000 and ₹10,000. What will happen in rectification?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyThe credit side of the Profit and Loss Appropriation Account shows profit of ₹1,30,000 and interest on drawings of ₹7,000. The debit side shows interest on capital of ₹36,000, salary of ₹24,000 and commission of ₹10,000. What amount of profit will be distributable among the partners?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyThere is a trading loss of ₹60000. The deed states interest on capital is payable whether there is profit or loss. Interest on capital is ₹25000. What total loss will be distributed?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA and B share profits in the ratio 3:2. Total interest on capital was ₹50000 but only ₹30000 was wrongly given in profit ratio. Correct interest due was A ₹20000 and B ₹30000. What is the net correction?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA B and C have capitals of ₹100000 ₹150000 and ₹250000 respectively. Profit ratio is equal. Interest on capital is 6% and profit is ₹90000. What is C's total share?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA B and C have capitals of ₹100000 ₹150000 and ₹250000 respectively. Profit ratio is equal. Interest on capital is 6% and profit is ₹90000. What is C's total profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA introduced additional capital of ₹50000 after six months. His opening capital was ₹150000 and the interest rate is 12%. What will be total interest on capital?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard