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Opening Capital

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

AccountancyOn dissolution, opening capital balance is generally written on which side of capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyB closing capital is one lakh forty thousand rupees. During the year additional capital was thirty thousand rupees profit share was twenty thousand rupees drawings were fifteen thousand rupees and interest on drawings was five thousand rupees. Under fluctuating method what was opening capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA closing capital is one lakh rupees. It includes additional capital fifteen thousand rupees and salary five thousand rupees and drawings ten thousand rupees were deducted. What was opening capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyB closing capital is one lakh ten thousand rupees. During the year additional capital was twenty thousand rupees interest on capital was six thousand rupees share of loss was nine thousand rupees and drawings were eleven thousand rupees. Under fluctuating method what was opening capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyUnder fluctuating capital method A closing capital is one lakh ten thousand rupees. During the year profit share was fifteen thousand rupees interest on capital was five thousand rupees drawings were twelve thousand rupees and interest on drawings was three thousand rupees. What was opening capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyB closing capital is ninety thousand rupees. During the year additional capital was fifteen thousand rupees profit share was twelve thousand rupees and drawings were seven thousand rupees. Under fluctuating method what was opening capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf B closing capital is seventy thousand rupees share of loss is five thousand rupees and additional capital is ten thousand rupees what was opening capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf A closing capital is eighty six thousand rupees profit share is ten thousand rupees and drawings are six thousand rupees what was opening capital under fluctuating method?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyWhat is the opening balance of a capital account called?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyWhich amount is generally written first while preparing a capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf opening capital is omitted while preparing the capital account, what error will occur?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyThe deed says interest on capital will be allowed only on opening capital. A introduced additional capital during the year. On what will interest be allowed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed says interest on capital is to be calculated on opening capital, what happens to additional capital introduced during the year?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed says interest on capital will be allowed only on opening capital what effect will adding yearly profit to capital have on interest?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed says interest on capital is to be calculated on opening capital. Why is closing capital not the proper base?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard