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Omitted Expense

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 2:3. The books show a profit of ₹70,000, but an expense of ₹10,000 was omitted. By how much will A's share of profit decrease after rectification?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyIf an expense for a year was omitted (not recorded) and that expense reduces the total profit, in what ratio will the partners' accounts be debited for the loss arising from that omitted expense?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf A and B share profits equally (1:1) and an omitted expense of ₹6,000 from a prior period is discovered, how much will be debited to B's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf an omitted expense of a prior period is discovered, what effect does it have on the partners' accounts?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIn a partnership, an expense of \(\text{Rs }12{,}000\) is omitted from the books. Profits are shared equally by \(A\), \(B\), and \(C\). The omitted expense should be debited to each partner’s capital account by how much (in Rs)?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on a partner’s loan of Rs 2,000 was omitted, how would net profit appear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf an omitted expense is Rs. 8,000 and A and B share profits equally, how much will be debited to B?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf an omitted expense is found what is the effect on total profit in adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy