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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।

AccountancyInterest on a partner's drawings is Rs 400. What effect will it have on the partner's account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyOn which side of a partner's account is interest on drawings recorded?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf the interest on drawings is ₹600, how will it be recorded in the partner's account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyWhat effect does interest on drawings have on a partner's capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder the fixed capital method, to which account is interest on drawings debited?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder fluctuating capital method interest on drawings is debited to which account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyOn which side is interest on drawings recorded in the partners account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyThe deed allows equal drawings at the beginning of each quarter. What average period is generally taken?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed charges twelve percent interest on drawings and A withdrew Rs 20000 in the middle of the year, what will be the interest?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed gives an interest-on-drawings rate but the withdrawal is made at the end of the year, what will be the interest period?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyThe deed gives interest on drawings rate but drawing dates are not given. If equal amount is withdrawn monthly, what average period is generally used in exams?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed charges interest on drawings at fifteen percent per annum. A partner withdrew Rs 12,000 at the beginning of the year. What is the interest?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the deed is silent, what is the rule for interest on drawings made by partners?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the deed clearly provides interest on drawings, how will it be treated in accounts?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed gives an interest rate on drawings but dates are not given and drawings are unequal, what is the safest exam approach?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed charges eight percent interest on drawings. A withdrew forty eight thousand rupees on thirty first March and the year also ends on that date. What is the interest?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed says equal drawings are made at the end of each quarter what average period is generally taken?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed says equal drawings are made at the beginning of each quarter what average period is generally taken?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed says interest on drawings is credited to the Profit and Loss Appropriation Account. Why is it credited?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyThe deed says drawings are equal and made at the beginning of each month. Total annual drawings are seventy two thousand rupees and interest rate is ten percent. What is the interest?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard