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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 says drawings are equal and made at the end 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 AccountancyThe deed charges twelve percent interest on drawings. B withdrew thirty thousand rupees on first July and year ends on thirty first March. What is the interest?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed charges interest on drawings but a partner takes goods for personal use. What is the correct treatment?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe partnership deed specifies 6% interest on capital and 8% interest on drawings. Which principle does this demonstrate?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed provides both interest on capital and interest on drawings. How will they affect the Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed charges ten percent interest on drawings. If sixty thousand rupees is withdrawn at the beginning of the year what will be the interest?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed charges ten percent interest on drawings. If a partner withdrew sixty thousand rupees only at the end of the year what will be the interest?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed has no provision for interest on drawings when will interest be charged on partners drawings?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed gives the rate of interest on drawings but not the period. For equal monthly drawings what average period is generally taken?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyOn which side of the Profit and Loss Appropriation Account is interest on drawings shown?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyThe deed says that both interest on capital and interest on drawings will be recorded. What will be their effect?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyThe deed charges interest on drawings at eight percent. A withdrew rupees ten thousand at the beginning of the year. What is the interest?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the deed has both interest on capital and interest on drawings, what is the correct difference?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the deed gives twelve percent interest on drawings and the partner withdrew during the year, correct calculation will depend on what?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the deed does not mention interest on drawings but drawings were made, what is the general rule?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the deed provides interest on monthly drawings, why is the average period considered?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf a partnership deed fixes a maximum limit on partners' drawings, what will it mainly affect in accounting?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyWhy is the provision for interest on drawings important in a partnership deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the partnership deed states interest on drawings (5%) what will happen?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy AccountancyIf the partnership deed is silent on drawings, will interest on drawings be charged?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy