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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।

AccountancyOn a partner’s death, how is the deceased partner’s share of accumulated profits recorded in the partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the goodwill of the firm is ₹90,000 and the deceased partner's share in the profit-sharing ratio is \(\frac{2}{9}\), what will be the deceased partner's share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is a deceased partner given a share of the revaluation profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf a partner dies 5 months after the beginning of the accounting year, what time ratio should be used to calculate the profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen is the deceased partner’s share of profit up to the date of death estimated if the death occurs during the accounting year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf a partner dies 4 months after the beginning of the financial year and the annual profit is ₹3,00,000, what will be the time-based profit up to the date of death, assuming that profit accrues evenly throughout the year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich of the following items is deducted while calculating the amount due to a deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhat does the final balance of a deceased partner’s capital account generally represent?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen can the deceased partner’s share of the Investment Fluctuation Reserve be transferred to their account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIn a partnership firm, is a share of the ordinary future profits earned after a partner’s death included in the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyUp to the date of a partner’s death, the firm’s profit is ₹1,00,000. If the deceased partner’s share in profit is 20%, what amount of profit will be credited to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIn which account is the deceased partner’s share of revaluation profit up to the date of death credited?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyThe profit of the previous accounting year was ₹84,000. A partner died 9 months after the beginning of the current accounting year. Based on the previous year’s profit, what is the estimated profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyOn the death of a partner, the total of all amounts due to the deceased partner after adjustments for capital, reserves, goodwill and profit is ₹1,50,000. What amount will be payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhy is the deceased partner’s share of revaluation profit added to their account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA deceased partner’s capital is ₹100000 and their share of goodwill is ₹20000. Based on these two items, what total amount will be credited to the partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA deceased partner’s account shows a total share of ₹85,000 and a share of loss of ₹5,000. What will be the net amount in the account after adjustment?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA deceased partner’s capital is ₹30,000 and their share of the reserve fund is ₹4,000. What is the total of these two items?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyThe total share payable to a retiring or deceased partner is ₹120000, and the partner’s drawings are ₹20000. What will be the net amount payable after deducting the drawings?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA deceased partner's account shows capital of ₹65,000 and a share of goodwill of ₹5,000. What total amount is payable to the partner under these two items?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy