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Partnership

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

AccountancyWhen the amount due to a deceased partner’s executor is paid immediately, which of the following accounts is not required?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhat is the effect of the deceased partner’s share of goodwill in the final settlement?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIn the account of a retired or deceased partner, the capital is ₹75,000 and the partner’s share of goodwill is ₹15,000. What is the total of these two items?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhat is the accounting effect of accumulated profits on the deceased partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich basis is identified first to calculate a deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA firm has a reserve of ₹45,000. If the deceased partner’s share in the profit-sharing ratio is 2/9, what amount of the reserve will be credited to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the time ratio useful for calculating a deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhat effect will the deceased partner’s share of revaluation loss have on the balance of the capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the firm’s annual profit is ₹2,40,000 and profit is earned uniformly throughout the year, what will be the time-apportioned profit up to the death of the partner at the end of the 11th month?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen a partner dies, who generally claims the amount due in respect of the deceased partner’s capital account, current account and share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich of the following is an intangible asset whose value may be adjusted while calculating the deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyAssuming that profit is earned uniformly throughout the year, what is the estimated profit up to the date of the partner’s death after 8 months, based on the previous year’s profit of ₹1,08,000?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy are profits earned up to the date of a partner’s death included when calculating the deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA firm has a reserve of ₹60,000. If the deceased partner’s share in the profit-sharing ratio is \(1/3\), what amount of the reserve will be credited to that partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhat does the closing balance of the deceased partner’s account represent after the partner’s death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is revaluation profit included in the deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is a deceased partner not entitled to profits earned by the firm in the future?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich account is opened if payment of the deceased partner's dues is deferred?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA firm's goodwill is valued at ₹2,10,000. If the deceased partner's share in goodwill is \(1/7\), what is the amount of his share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyOn the death of a partner, which of the following items is deducted while determining the amount due to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium