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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।

AccountancyIf B interest on capital of six thousand rupees was omitted and A B share profits equally what is net effect on B?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on capital of five thousand rupees was omitted and A B share profits equally why does the concerned partner not get full benefit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on capital has been omitted (not recorded), which account will be credited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on capital was overallowed how will the concerned partners account be corrected?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf A was entitled to receive interest on capital of ₹3,000 but received only ₹2,000, how much more will be credited to A's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on capital was payable only to A but was given to all partners what must be done?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on capital is debited to the appropriation account, what is the corresponding entry in the partner's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyInterest on capital is payable to a partner. If interest on capital has been wrongly debited to the partner's account, what is the correct accounting treatment? (Answer briefly)Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyA invested capital Rs 30000 at the beginning and added Rs 10000 after six months. What is interest on capital at ten percent?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf interest on capital is omitted, what will be the effect on the remaining profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf partnership deed is silent about interest on capital what will be done in adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf A's capital is Rs 80,000 and interest on capital is fixed at 10% per annum, what amount will be recorded as the adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf interest on capital is to be allowed before distributing profit, which account will be debited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIn adjustments — if interest on capital is allowed in a partnership, what is the effect on the total distributable profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf B interest on capital of four thousand rupees was omitted and A B share profit equally what is net effect on B?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on A's capital of ₹2,000 was omitted, how would A's capital balance appear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyUnder the fixed capital method, interest on capital was recorded in the Capital Account. In which account should it have been recorded?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf interest on capital of ₹6,000 that should have been charged was omitted from the books, how will the distributable profit appear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on capital was omitted what is the correct effect on partners account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyInterest on capital for A and B is Rs 63000 and Rs 42000 respectively. Available profit is Rs 84000. How much proportionate interest will A receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert