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Minimum Profit Guarantee

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

AccountancyA and B share profits in the ratio 4:1. Total profit is ₹60,000. B is guaranteed a minimum profit of ₹20,000, and A will bear any deficiency. What is B’s final profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA is guaranteed a minimum profit of Rs 25,000, while A’s normal profit share is Rs 21,000. What deficiency adjustment is required?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyThe deed gives a minimum profit guarantee. If the actual share is more than the guarantee what will the partner receive?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyA is guaranteed a minimum profit of rupees twenty thousand. His actual share of profit is rupees seventeen thousand. What is the deficiency?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy