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Partnership Deed

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

AccountancyIf in a partnership the capitals are in the ratio 2:3 but the partners have agreed to share profits equally, on what basis will the net profit be distributed?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf the deed has no provision for partner salary, what will happen to salary in profit distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf the partnership deed does not give a profit ratio and the capitals of A, B and C are different, how will profit be distributed?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf A gets commission on sales, on what base will it be calculated in profit distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf the partners change their profit-sharing ratio in writing, which ratio will apply to the next profit distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf only the profit-sharing ratio is given and no separate loss-sharing ratio is stated, how will the loss be shared?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf the partnership deed is silent, what is the rule regarding partners' salaries?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf the partnership deed is silent, are partners entitled to receive interest on their capital?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyWhen is a commission paid to a partner considered valid in profit distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf there is no partnership deed (partnership agreement), what is the rule for distributing profits among partners?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf there is no partnership deed, are partners entitled to salary?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy AccountancyIf the partnership deed is silent about interest on drawings, should interest on drawings be charged?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyUnder what condition is partners' salary treated as part of profit distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyWhen is interest on partners' capital allowed in a partnership?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyWhat is the main basis of profit distribution in partnership?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf a deed clause conflicts with a general partnership rule, which will be applied first in accounts?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert 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 partnership deed provides for charging interest on a deficiency in a partner’s capital. On whom will this interest be charged?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the deed requires every partner to sign the annual accounts report, what is the main purpose?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed prohibits partners from taking personal loans in the firms name, breach of this clause will be what type of issue?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert