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Interest On Drawings

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

AccountancyB withdrew Rs 18000 at the beginning of the year and rate is ten percent. What is interest on drawings?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf interest on drawings is omitted under fixed capital method which account of concerned partner is debited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf A interest on drawings of four thousand rupees was omitted and A B share profits equally what is net effect on A?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf charging interest on drawings was omitted, which account will be debited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on drawings was overcharged, how should the concerned partner’s account be corrected?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on drawings should be Rs 4,000 but only Rs 1,000 was charged, what is the additional debit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on drawings is credited to the appropriation (profit distribution) account, what will be the corresponding effect in the partner's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyInterest on drawings was wrongly credited to a partner’s account. What is the correct treatment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf interest on drawings is omitted, how will distributable profit appear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf the partnership deed is silent about interest on drawings, will interest on drawings be charged?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyA’s drawings are Rs 15,000 and interest on drawings is Rs 1,200. What total debit will appear in A’s account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyB withdrew Rs 24000 in the middle of the year and interest rate is twelve percent. What is interest on drawings?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyOn which side of the Profit and Loss Appropriation Account is interest on drawings recorded?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIn adjustments, what is the effect on total available profit when interest is charged on drawings?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on drawings of Rs 2,000 was omitted and A and B share profits equally, what is the net effect on A’s account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on drawings was omitted and profit was shared equally what happens in correction?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on B's drawings of Rs.1,000 was not charged to B, how would B's balance (capital/current account) appear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on drawings of Rs. 2,000 was omitted, how would the available profit appear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on drawings was omitted, what will happen in the concerned partner's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIn the appropriation account, net profit of Rs 380000 and interest on drawings of Rs 22000 are shown on the credit side. Total debit items amount to Rs 150000. The remaining profit is to be divided in the ratio 4:3:2. What is the second partner's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert