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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।

AccountancyThe deed requires ten percent of profit to be transferred to reserve and the base is profit before appropriations. Net profit is one lakh fifty thousand rupees and interest on drawings is ten thousand rupees. What is reserve amount?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf interest on drawings is wrongly treated as interest on capital and debited, what is the effect on the Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf interest on drawings Rs 3000 is debited to partners account but not credited to appropriation account what is incomplete?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyInterest on drawings given is Rs 2,300 for A and Rs 1,700 for B. What will be the total credit in the Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf interest on drawings is not credited in appropriation account by mistake how will distributable profit appear?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyWhat is the second effect of charging interest on drawings in the partner's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf deed provides interest on drawings and the year has a loss what will happen to interest on drawings?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyInterest on drawings is Rs 1500. What will be its treatment in Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf profit is Rs 55,000, interest on drawings is Rs 5,000 and salary is Rs 10,000, what is the distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf interest on drawings is debited to a partner’s account, what is the reason?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyWhich item is credited in Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf net profit is sixty five thousand rupees and interest on drawings is three thousand rupees what is total available profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf interest on A's drawings is Rs. 1,000, what entry will be made in A's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyWhat is the correct difference between drawings and interest on drawings?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf net profit is seventy five thousand rupees and interest on drawings is five thousand rupees what is available profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyFrom whom is interest on drawings recovered?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf interest on drawings is not provided how will it be treated in profit distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf interest on drawings appears in Profit and Loss Appropriation Account on which side will it appear?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf interest charged on drawings is Rs. 3,000, what effect will it have on distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyOn which side is interest on drawings recorded in Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium