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Partnership Reconstitution

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

AccountancyA deceased partner’s capital account has a balance of ₹79,000, and the partner’s share of the reserve fund is ₹21,000. Based only on these two items, what will be the deceased partner’s total claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhy is the deceased partner’s share of the reserve fund credited to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIf interest is payable according to the partnership deed, how is the interest accrued on the deceased partner’s capital up to the date of death treated in the amount due to the partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn a partner’s death, to whom is the amount due after adjustments in the Capital Account, Profit and Loss Adjustment Account, and other relevant accounts paid?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIf a deceased partner’s capital is ₹94,000 and the goodwill attributable to the partner is ₹16,000, what will be the partner’s total claim, assuming there are no other adjustments?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhy is a deceased partner’s share of profit calculated only up to the date of death and not for the future period?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIn which situation is a deceased partner’s share of profit up to the date of death determined?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe firm’s annual profit is ₹18,00,000, earned uniformly throughout the year. What is the estimated profit for the 2 months up to the partner’s death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIn the accounting year in which a partner dies, how is the period after death treated while calculating the deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is the deceased partner not entitled to a share of profits earned after the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyA deceased partner’s Capital Account has a balance of ₹98,000. His drawings are ₹8,000 and his share of the firm’s goodwill is valued at ₹10,000. Assuming no other adjustments, what will be the net claim payable to the deceased partner’s executor?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyA deceased partner’s total claim is ₹1,26,000. If accumulated loss of ₹6,000 is to be adjusted against the claim, what will be the revised claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the death of a partner, in what form is the deceased partner’s share of the reserve fund included in the claim payable to him?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyTo whom is the amount due to a deceased partner ultimately paid?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIf the amount due to a deceased partner is not paid immediately, to which account is it generally transferred?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyA deceased partner’s capital account has a credit balance of ₹92,000. His share of the revaluation profit is ₹8,000, and there are no other adjustments. What total amount will be payable to his legal representative?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIn which situation is interest on capital included in the deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhat is the primary objective when finally determining a deceased partner’s share in the partnership accounts?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIn calculating a deceased partner’s claim, how is the reserve fund treated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhy is the deceased partner’s share of undistributed profit added to their account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard