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RELATED QUESTIONS

Partner Account

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

AccountancyWhen profits are distributed, how is a partner's share of profit shown in the partner's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyFrom whom is interest on drawings recovered?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf debit items in a partners account are Rs 42000 and closing balance is Rs 9000 credit what were total credit items?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA kept Rs 50000 received from a firms customer directly in his personal account. In relation to capital account how should it be treated?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf interest is to be charged on a partners debit capital balance on which side will this interest be recorded?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyInterest on drawings is credited to Profit and Loss Appropriation Account and debited to partner account. What does this mean?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf A’s capital account shows a debit balance, how is it generally understood in examinations?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf A’s drawings are Rs 10,000 and interest on drawings is Rs 1,000, what will be the total debit in A’s account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyWhat is the general meaning of crediting a partners account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyWhat is the general meaning of making a debit entry in a 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 AccountancyOn which side is interest on capital recorded in a partners account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf interest on capital is two thousand rupees and interest on drawings is five hundred rupees what is the net effect on partner 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 AccountancyOn which side does interest on capital appear in the partners account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyThe deed says partners must not take personal expenses from the firm. Still A paid personal rent from firm money. How will it be treated?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyThe deed says no partner will use firm property for personal use. If violated what may be considered in accounting?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed does not permit payment of a partner's personal loan and the firm pays it, what is the correct accounting treatment?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf a partner pays personal expenses through the firm and the deed does not allow it, how is it generally treated?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyWhy does the deed clarify whether insurance premium is personal or a firm expense?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium