Skip to content

Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

RELATED QUESTIONS

Partnership

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

AccountancyIf the deed has no clause for interest on drawings but the question separately gives a rate in the exam what should be done?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA gave a loan of (₹50000) to the firm on 1 July. The deed is silent. What is the loan interest up to 31 March?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyWhich item is treated as a charge against profit and not an appropriation of profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyIf a partner is given commission on sales how is it treated in partnership profit appropriation?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in the ratio 2:3. Profit before appropriations is ₹50,000. A receives a salary of ₹12,000 and B receives a salary of ₹8,000. What is A’s final total share?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyLast year's profit (₹96000) was shared in capital ratio (5:3) but the correct ratio was (3:1). Which partner will be credited in rectification?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyIf guarantee deficiency is to be borne by all non guaranteed partners in their capital ratio which ratio will be used?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in (7:3). B is guaranteed (₹45000). Profit is (₹120000) and A bears the deficiency. What is A's final profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in the ratio 4:1. Total profit is ₹60,000. B is guaranteed a minimum profit of ₹20,000, and A will bear any deficiency. What is B’s final profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyThe partnership deed says interest on capital is (8%) and interest on drawings is (10%). Which side is correct in profit and loss appropriation account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA partner paid (₹5000) from personal funds for firm expenses and the firm has not yet reimbursed it. What is the adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyIf the firm paid a partner's personal expense of (₹7000) and it is treated as drawings what is its effect on the capital account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyAt year end a partner's capital account has credit balance (₹90000). It already includes credit interest on capital (₹6000) and debit drawings (₹10000). What was the opening capital if there was no other change?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA withdrew (₹6000) in the middle of each quarter. Rate is (8%) per annum. What is interest on drawings for the year?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in (3:2). Interest on A's drawings (₹5000) was omitted and profit (₹75000) was already distributed. What is the final effect in rectification?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA new partnership deed changes the profit ratio but the previous year's profit had to be shared in the old ratio. Which principle applies while making adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA's salary is (₹20000) and interest on capital is (₹10000). B's interest on capital is (₹20000). Total available profit is (₹25000) and there is no priority. How much will A receive in total?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyIf both interest on capital and partner salary are payable but profit is insufficient how is the available profit normally allocated?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B have capitals of (₹100000) and (₹50000). Profit ratio is (2:3). Interest on capital is (12%) and profit is sufficient. In what ratio will total interest be credited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyProfit as per profit and loss account is (₹140000). Interest on partner's loan (₹8000) has not yet been deducted. What is the profit available for appropriation?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert