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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 the date of a partner’s death, his Capital Account shows ₹75,000, his share of the Reserve Fund is ₹15,000, and his share of profit up to the date of death is ₹10,000. Assuming there are no other adjustments, what will be the total amount due to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyOn the death of a partner, the total amount due to the partner is ₹1,70,000, from which a loss share of ₹20,000 is to be deducted. What will be the net claim of the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyOn the death of a partner, ₹91,000 stands to the credit of the partner’s Capital Account, ₹1,000 is debited for drawings, and ₹10,000 is to be credited for the partner’s share of goodwill. Ignoring other adjustments, what will be the net claim payable to the deceased partner’s legal representative?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyOn the death of a partner, his capital is ₹64000 and his share of accumulated profits is ₹36000. Assuming there are no other adjustments, what will be the deceased partner’s total claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyA deceased partner’s total claim amounts to ₹156000. If there is a revaluation loss of ₹6000, what will be the net claim payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyOn the death of a partner, if ₹108000 is due for capital, ₹12000 is to be credited for goodwill, and drawings amount to ₹20000, what will be the net claim payable to the deceased partner’s estate?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyA deceased partner’s capital is ₹72,000 and their share in the reserve fund is ₹28,000. If goodwill, profit or loss, and other adjustments are excluded, what will be the deceased partner’s total claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyWhy is a deceased partner given a share of the profit earned up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyOn a partner’s death, what effect do the firm’s accumulated profits have on the deceased partner’s claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyIn a firm, a deceased partner’s capital is ₹84,000 and the value of his share of the firm’s goodwill is ₹16,000. Based on these two items, what total amount will be credited to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyIf a deceased partner’s capital is ₹97000 and their share of accumulated profits is ₹3000, what will be the total claim based only on these two items?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyAfter a partner’s death, if the amount due to the deceased partner is not paid immediately, to which account is it transferred?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyA deceased partner’s gross claim is ₹1,72,000. A revaluation loss of ₹12,000 and drawings of ₹10,000 are to be debited to the partner’s account. What amount will be payable as the net claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyA deceased partner’s capital account has a balance of ₹1,12,000, and their share of goodwill is ₹8,000. Ignoring all other adjustments, what will be the deceased partner’s total claim based on these two items?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyIf the deceased partner’s total claim is ₹1,58,000 and ₹18,000 has already been withdrawn as drawings, what amount will be payable to the executor after adjusting the drawings?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyUntil it is paid, how is the amount due to a deceased partner classified in the firm’s books?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyWhy are profits accruing after the date of death not included in the deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyA deceased partner’s capital is ₹1,01,000 and the goodwill attributable to the partner’s share is ₹9,000. Assuming there are no other adjustments, what will be the amount of the deceased partner’s total claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyA deceased partner’s total claim before adjustment is ₹1,21,000. If the revaluation loss is ₹11,000, what will be the net claim payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyOn the death of a partner, if no other adjustments are required, his Capital Account shows ₹73000, his share of Revaluation Profit is ₹7000, and his share of the Reserve Fund is ₹20000. What will be the total amount payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard

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