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Partnership Accounts

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

AccountancyThe deceased partner’s share of goodwill is considered compensation for which right?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the death of a partner, how is the deceased partner’s share of accumulated loss recorded in his account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyExcluding other adjustments, if the deceased partner’s capital is ₹89,000 and their share of accumulated profits is ₹11,000, what is the total amount payable to the deceased partner’s successor?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyA firm earns an annual profit of ₹16,20,000. If a partner dies after 4 months of the financial year, what profit is attributable up to the date of death on a time basis?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe correct determination of a deceased partner’s share of profit up to the date of death primarily helps in settling whose claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the annual profit of a partnership firm is ₹9,24,000, what will be the time-apportioned share of profit for the 6 months up to the partner’s death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyAfter determining the deceased partner’s share of profit up to the date of death, to which account is the amount ultimately transferred?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner dies after 11 months of the accounting year. If his share in the annual profit is ₹5,04,000, what will be his share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner dies after 9 months of the financial year. If the profit of the previous year was ₹14,40,000 and profit is earned uniformly throughout the year, what amount of profit will be considered as the deceased partner’s share up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyAccounting for a deceased partner’s share of profit accrued up to the date of death reflects which principle?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf a deceased partner’s estimated annual share of profit is ₹8,64,000, what will be the share of profit for the first 10 months of the accounting year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is the date of death important when calculating a deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA deceased partner’s estimated annual share of profit is ₹2,04,000. What will be the partner’s share of profit for the 5 months up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is a time ratio necessary for calculating the deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhen the deceased partner’s share of profit up to the date of death is credited to the partner’s capital/current account, what is the effect on the account’s credit balance?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the firm’s estimated annual profit is ₹4,68,000, what will be the deceased partner’s time-proportionate share of profit for the 7 months up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe deceased partner’s share of profit earned up to the date of death forms part of whose rights?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyTo determine the deceased partner’s share of profit up to the date of death, what is the 8-month portion of the annual profit of ₹11,52,000?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhich of the following is a common error in calculating a deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partnership firm’s estimated annual profit is ₹7,56,000. For calculating the deceased partner’s profit up to the relevant date, what amount should be taken as the profit for one month?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert