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Partner Paid Expense

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

AccountancyPartner A paid a firm expense of ₹16,000 from his personal bank account. The profit had already been determined, and this expense was not recorded in the books. What is the correct double effect?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA partner paid (₹5000) from personal funds for firm expenses and the firm has not yet reimbursed it. What is the adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyB paid Rs 11,000 from personal cash for repair of the firm's machine. What will be the effect on B's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyA paid Rs 2,000 from personal funds for the firm, but the transaction was omitted. How much will be credited to A’s account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf a partner pays a firm’s expense from personal funds, what adjustment is made in the partner’s account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium