Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects

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।

AccountancyInterest on a partner’s loan account is generally calculated on what basis?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyTransfer of the amount due to a deceased partner to the partner’s loan account reflects which accounting principle?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyInterest paid on a partner’s loan account is what type of item for the firm?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen interest becomes payable on a partner’s loan, which account is credited in the journal entry?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhich of the following items is credited to a retiring partner’s loan account and therefore increases its balance?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyHow is interest payable on a partner’s loan treated in the Profit and Loss Account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyUnder which broad heading is the partner’s loan account shown in the firm’s balance sheet?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyThe balance in a partner’s loan account is ₹80,000. If the annual interest rate on this loan is 6%, what will be the interest for one year?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyIf 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 AccountExpertAccountancyIf the amount due to a deceased partner is not paid immediately, what is the main purpose of transferring it to a loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyAfter a partner retires, the amount due to him is transferred to the Partner’s Loan Account. Evaluate the following statement in this context: “The retiring partner’s Loan Account is a liability of the firm, and interest payable on it is a charge against profit.”Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyFor a loan taken from a partner, what is the correct accounting treatment of interest due when the firm's profit is very low?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhat does it mean when the balance of a retiring partner’s loan account becomes ₹0?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyThe format of a retiring partner’s loan account is similar to which of the following types of account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhen is the retiring partner’s loan account closed?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyA, B and C share profits in the ratio 3:4:5. C retires, and the value of the firm's goodwill is ₹1,44,000. What is C's share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyOn C's retirement, the firm's goodwill is ₹76,000 and A and B have a gaining ratio of 1:3. How much of the goodwill burden will A bear?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyPartner B’s goodwill is ₹64,000. C and D’s gaining ratio is 1:3. What amount of B’s goodwill will be borne by D?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyA, B, C and D share profits in the ratio 6:3:3:2. After B's retirement, the new profit-sharing ratio of A, C and D becomes 5:4:5. What is the gaining ratio of C and D?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyA, B, C and D share profits in the old ratio 6:3:3:2. When B retires, the new profit-sharing ratio of A, C and D becomes 5:4:5. Which partner sacrifices a share of profit?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.