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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 the deed calls salary a compulsory payment before profit, how may it be treated even when the firm has loss?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the partnership deed requires 10% of profit to be transferred to an employee welfare fund, what will be the fund amount on a profit of Rs 160,000?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed says partner A will receive only capital back but no share in goodwill. This clause is especially important on which event?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the partnership deed provides for penal interest on a partner's drawings that exceed capital, whose income will this penal interest be treated as?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed guarantees A a minimum profit of Rs 60000 by the firm. Actual share is Rs 52000. How will the deficiency be met?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the partnership deed provides 12% per annum interest on a partner's loan and Rs 50,000 was lent for six months, what is the interest for six months?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed says a partner may take copies of books but cannot take original books outside. What is its purpose?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed says commercial decisions need a majority but structural decisions need unanimity, adding a new partner is what type of decision?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyIf the partnership deed admits a minor only to benefits of partnership, in what will the minor not share?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed prohibits partners from giving personal guarantees in the firms name, which risk does this clause prevent?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed says interest on capital will be allowed only on opening capital. A introduced additional capital during the year. On what will interest be allowed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf a term of the partnership deed has to be changed, what is generally required?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf any clause in the partnership deed is ambiguous, what is the safest exam approach in accounts?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed describes A as working partner and B as sleeping partner, still on what basis will profit be distributed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed says the incoming partner will not share old losses. How will accumulated losses be treated at admission?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed provides a settlement procedure if a partner becomes insolvent. Which risk does this reduce?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed states that A will receive a commission of 10% on net profit and net profit is Rs 80,000. What is A's commission?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed says interest on capital is to be calculated on opening capital, what happens to additional capital introduced during the year?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed states that A will use personal vehicle for firm work and get Rs 8000 monthly allowance. Where will this allowance be shown?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed requires partner As capital account to maintain minimum balance of Rs 25000, what does it control?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert