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Partner Death

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

AccountancyIf commission has been earned by a deceased partner up to the date of death, how will it be treated in the partner’s claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyAssuming that profit accrues evenly throughout the year, if the estimated annual profit is ₹30,00,000 and a partner dies after 5 months of the financial year, what is the firm’s estimated profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the profit of the previous year was ₹24,00,000 and profit is assumed to accrue evenly throughout the year, what will be the estimated profit up to the date of a partner’s death at the end of the 9th month of the current year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf interest is payable under the partnership deed, how is the interest accrued on the deceased partner’s capital up to the date of death treated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIf a deceased partner’s capital is ₹96,000 and accumulated profits are ₹4,000, and there are no other adjustments, what is the total amount payable to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIn a partnership firm, a deceased partner’s capital is ₹74,000 and their share of the reserve fund is ₹26,000. Excluding other adjustments, what will be the deceased partner’s total claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyTo whom is the amount due to the deceased partner paid?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyBased on the previous year, if the firm’s estimated annual profit is ₹6,72,000 and a partner dies 5 months after the beginning of the year, what amount of profit should be estimated for the firm up to the date of death, assuming profits accrue evenly?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the deceased partner’s estimated annual share of profit is ₹4,56,000, what will be the share of profit for the 11 months up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe amount of a deceased partner’s share of profit up to the date of death that remains payable by the firm is shown under which category in the firm’s books?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner dies after completing 9 months of the accounting year. Based on an estimated annual profit of ₹9,60,000, what will be the estimated profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyOn the date of a partner’s death, ₹93,000 stands to his credit in the Capital Account and he is entitled to a revaluation profit of ₹7,000. Assuming there are no other adjustments, what amount will be payable as the total claim to the deceased partner’s executor?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyAfter a partner’s death, if the amount due to the deceased partner is not paid immediately, to which account is it transferred?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyA deceased partner’s capital account has a balance of ₹1,12,000, and their share of goodwill is ₹8,000. Ignoring all other adjustments, what will be the deceased partner’s total claim based on these two items?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyHow will the salary due to a deceased partner up to the date of death be recorded in the partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the death of a partner, in what form is the deceased partner’s share of the reserve fund included in the claim payable to him?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the death of a partner, his capital is ₹60,000 and accumulated profits credited to his account amount to ₹14,000. Based on these two items, what will be the deceased partner’s total claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIf the amount due to a deceased partner is not paid immediately, to which account is it generally transferred?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIn a firm, a deceased partner’s capital is ₹85,000 and their share of goodwill is ₹15,000. If there are no other adjustments, what will be the deceased partner’s total claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyThe firm’s average annual profit is ₹3,00,000. If a partner dies after 10 months of the accounting year, what will be the estimated profit of the firm up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert