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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।

AccountancyThe deed says interest on capital will be allowed as expense before profit. If net loss is Rs 70000 and interest on capital is Rs 35000 what will be total loss?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyA and B have interest-on-capital claims in the ratio 5:7, and their total claim is ₹1,20,000. If the available profit is ₹96,000, how much interest will A receive when the profit is distributed proportionately to their claims?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyInterest on capital Rs 55000 was deducted from net profit as expense. Actually it was appropriation. What should be done in correction?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 AccountancyInterest on capital for A and B is Rs 42000 and Rs 28000 respectively. Available profit is Rs 56000. How much proportionate interest will A receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyThe deed says interest on capital will be allowed as expense before profit. If net loss is Rs 30000 and interest on capital is Rs 20000 what is the effect on total loss?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyA and B's claims for interest on capital are in the ratio 2:3. The available profit is Rs 75,000 and the total claims amount to Rs 100,000. How much will B receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyAvailable amount is Rs 126000. Interest on capital claim is Rs 50000 and salary claim is Rs 90000. If no order is given how much interest on capital will be allowed?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyInterest on capital Rs 45000 was deducted from net profit as expense. Actually it was appropriation. What should be done in profit distribution correction?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 AccountancyInterest on capital twenty thousand rupees should have been debited but was wrongly credited. Compared with correct position how much higher will available profit appear?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 AccountancyIf interest on capital for A and B is Rs 30000 and Rs 20000 respectively. Available profit is Rs 45000. How much proportionate interest will B get?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIf the deed clearly says interest on capital will be allowed as expense before profit what will be its treatment in loss year?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIf interest on capital is in the deed but there is a loss in the year and no special expense clause exists, what is the correct treatment?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA and B have claims on interest on capital in the ratio 4 : 1. Available profit is Rs 50,000 and the total claim amount is Rs 75,000. How much will A receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIf interest on capital Rs 30000 is wrongly treated as expense in Profit and Loss Account what combined error occurs in net profit and appropriation?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyInterest on capital claims are A Rs 18000 B Rs 27000 and C Rs 15000. Available profit is Rs 40000. How much interest will B receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIf interest on capital of Rs 18,000 should have been debited in the Appropriation Account but was omitted, what is the effect on distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium