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RELATED QUESTIONS

Partnership Accounting

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

AccountancyIf A brought goods into the firm as additional capital and this entry was not recorded in the books, what will be the effect on A’s account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyWhat is the immediate effect of creating a reserve on the profit share distributed to partners?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyThree partners share profit equally. If the total profit is ₹1,20,000, what is each partner’s share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf the total loss is ₹34,000 and A and B share losses in the ratio 2:3, what is A’s share of the loss?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyUnder the fluctuating capital method, which item is not recorded on the credit side of a partner’s capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyHow is the closing balance of a partner’s capital account determined?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf the deed provides that a partner's salary will be reduced for taking long leave without consent, this provision relates to what?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed gives B a firm guarantee of minimum profit of Rs 15,000. Total profit is Rs 60,000 and B’s normal share is Rs 12,000. By how much will profit available to other partners reduce?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA partner gave a loan to the firm and the firm incurred a loss. The deed is silent. What is the correct treatment of interest on the loan?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium