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Partner Salary

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

AccountancyThe deed states that A will get Rs 3000 monthly salary. If A works for six months and no other condition is given, what will be the salary?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed provides a monthly salary of Rs 6,000 to partner A and equal profit sharing. Where will the annual salary appear?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyThe deed does not mention partner salary. One partner still worked full time. How will salary be treated?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed says partner salary is payable only when profit is available and profit is less than salary what is the general treatment?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed provides equal annual salary to partners but one partner remained for only six months. How will his salary be calculated?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed states that partner salary is payable irrespective of profit or loss. What will be its accounting nature?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the deed gives different salary rates to partners how will they be distributed in the Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed allows a monthly salary of eight thousand rupees to a partner. He became a partner on 1 January and the year ends on 31 March. What salary will be allowed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyThe deed gives a monthly salary but the partner joined during the year. How should the correct salary be calculated?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed says all partners will take part in management but no extra salary is allowed when can a managing partner salary be given?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyIf the deed provides partners salary but profit is insufficient where is salary shown?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed provides both interest on capital and partner salary. On which side of the Profit and Loss Appropriation Account are these shown?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyA and B are equal partners. As per the deed, B is entitled to an annual salary of rupees twelve thousand. The net profit is rupees forty thousand. What is the distributable profit after deducting the salary?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyThe partnership deed allows A a monthly salary of rupees two thousand. At year end, where will this amount first be recorded?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf partner salary is recorded in the profit and loss appropriation account but the deed has no salary clause, what is the correct correction?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf both profit ratio and salary are given in the partnership deed, what should be checked first in the profit and loss appropriation account?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIn which situation will partner's salary be treated as appropriation of profit?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the deed does not mention partners' salary, how will salary be accounted for?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyWhen is the provision for partner's salary useful in a partnership deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy AccountancyIf the deed is silent about salary will a partner get salary?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy