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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।

AccountancyIf a firm's reserve is ₹50,000 and the deceased partner's profit-sharing ratio is 10%, what will be the partner's share of the reserve?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyTo estimate the deceased partner’s share of profit up to the date of death, which year’s profit is generally used as the basis?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the profit for the period after death not included in the deceased partner’s share of profit calculation?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA firm’s goodwill is valued at ₹1,20,000. If the deceased partner’s share in goodwill is \(1/6\), what is the value of his share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf a partner dies after completing 9 months of the accounting year, what fraction of the annual profit will be considered for calculating the partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the reserve is distributed among the partners in their profit-sharing ratio, how much will be transferred to the deceased partner’s account when the reserve is ₹24,000 and his share is 1/4?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the old profit-sharing ratio used 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 AccountancyIf the annual profit is ₹2,40,000 and a partner dies 3 months after the beginning of the year, what will be the time-based profit assuming profit accrues evenly?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIn settling the deceased partner’s share, which item represents the partner’s individual economic entitlement in the firm’s goodwill?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the partnership deed contains a specific provision for calculating the deceased partner’s share of profit up to the date of death, on what basis will the share be calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich ratio is used to determine a deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen is estimated profit used to calculate a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the time period important when calculating a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the firm's goodwill is ₹90,000 and the deceased partner's share in the profit-sharing ratio is 1/3, what is the deceased partner's share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich of the following items is generally debited to the deceased partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen a partner dies, how is the deceased partner’s share of undistributed profits treated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA and B share profits in the ratio 3:2. What was A’s share in the firm’s profits before his death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the amount due to a deceased partner is not paid immediately, why is a loan account opened in the partner’s name?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen a partner dies, how is the deceased partner’s share of the revaluation profit recorded?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf a partner dies in the middle of an accounting year, on what basis is the deceased partner’s estimated share of profit up to the date of death generally calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium