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RELATED QUESTIONS

Partner Retirement

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

AccountancyA total of ₹90,000 is payable to a retiring or deceased partner. If ₹30,000 has already been paid, how much amount is still payable to the partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhat happens to the firm’s liability when the deceased partner’s share is paid to the executor?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhen a partner dies, will the partner’s share of undistributed profit up to the date of death be included in the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA deceased partner’s capital is ₹80,000 and his share of goodwill is ₹20,000. What amount will these two items total in the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyTo whom is the deceased partner’s share of profit earned up to the date of death paid?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhen the amount due to a retiring partner is not paid immediately, in which situation is the partner’s capital account closed and the balance transferred to the partner’s loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyIf the amount due to a retiring partner is not paid immediately, which of the following accounts may be continued?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyA retiring partner’s loan account is generally not adjusted with which of the following items?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyIf the amount due to the legal heir of a deceased partner is not paid immediately, to which account is it transferred?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyHow is the amount outstanding in a retiring partner’s loan account generally settled?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyIf interest on a partner’s loan is not paid, to which account is it generally added?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyWhen the amount due to a retiring partner is transferred from the capital account to the partner’s loan account, which account is debited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyWhen the amount due to a retiring partner is transferred to the partner’s loan account, how is it shown in the firm’s balance sheet?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyThe executor’s loan account of a deceased partner shows a liability of ₹1,60,000. If ₹65,000 has been paid, what will be the remaining liability?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMedium AccountancyWhat does a credit balance in a partner’s loan account indicate?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMedium AccountancyA deceased partner’s executor loan account shows an amount payable of ₹1,80,000. If ₹45,000 has been paid, what will be the remaining liability?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMedium AccountancyWhat does a debit entry in a retiring partner’s loan account indicate?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasy AccountancyUnder the memorandum method, goodwill of ₹1,80,000 is recorded in the books. If the old profit-sharing ratio is 3:2:4, how much will be credited to partner C’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyGoodwill appearing in the books is ₹1,62,000, and the partners’ old profit-sharing ratio is 7:4:7. On writing off the old goodwill, how much will be debited to partner C’s account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyThe old profit-sharing ratio of A, B and C is 1:4:5. When C retires, the new ratio of A and B becomes 2:3. What is the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert