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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 started with capital of Rs 100000 and withdrew Rs 40000 capital after eight months. At nine percent what is interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA invested Rs 60000 capital at the beginning of the year and brought additional capital of Rs 30000 after five months. At twelve percent per annum what is interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf interest on capital and partner salary are debited to Profit and Loss Appropriation Account what will be their second effect in partners account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf salary, commission and interest on capital appear in a partner's current account, how should they be treated when calculating the closing balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf A's average capital is Rs 120,000 and B's average capital is Rs 80,000 and the interest on capital is 5% per annum, what is the total annual interest for both?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyUnder fluctuating capital method interest on As capital of Rs 8000 was wrongly debited. What is the wrong effect on capital balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyB invested Rs 80000 at the beginning and withdrew Rs 20000 capital after three months. At twelve percent what is interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA invested Rs 50000 capital at the beginning of the year and brought additional capital of Rs 20000 after four months. At ten percent per annum what is interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyInterest on A’s capital is Rs 14,000 and interest on B’s capital is Rs 21,000. Available profit is only Rs 28,000. If interest is restricted proportionately, how much interest will B receive?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyUnder fixed capital method interest on capital should have been credited to current account but was wrongly credited to drawings account. What is the basic effect?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA's average capital is Rs 80,000 and the rate of interest on capital is 9% per annum. What is the annual interest on the capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf interest on capital of Rs 6,000 is debited to a partner's account instead of being credited, what is the wrong effect on the capital balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf A and B share profits equally but interest on capital is allowed in capital ratio then on what basis will interest be credited in capital accounts?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA invested Rs 30000 at the beginning of the year and withdrew Rs 20000 after three months. At twelve percent what will be interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyAs capital remained Rs 60000 for the full year. B invested Rs 40000 at the beginning and Rs 20000 more after six months. If interest rate is ten percent what is Bs interest on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyTotal interest on capital is Rs 30000 and available profit is Rs 24000. If interest claims of A B and C are in ratio five to three to two how much will C receive?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf interest on capital is payable only up to available profit and interest of A and B is Rs 12000 and Rs 8000 respectively while available profit is Rs 15000. How much interest will A get?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf under fixed capital method interest on capital is wrongly credited to capital account what is the correct correction?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf interest on capital is debited in Profit and Loss Appropriation Account but not credited to partner account what is the effect on capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf interest on capital is credited to capital account and debited to Profit and Loss Appropriation Account what is the effect on partner account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard