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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।

AccountancyOn the admission of a new partner, on what basis is the new profit-sharing ratio determined?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioEasy AccountancyMohan and Sohan share profits in the ratio 5:2. Rohan is admitted for a 1/7 share taken only from Mohan. What is the new ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioEasy AccountancyMona and Sona share profits in the ratio 3:7. Radha is admitted for a 1/5 share, and the balance is shared by Mona and Sona in their old ratio. What is the new ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioEasy AccountancyFrom the old ratio 3:2, a new partner takes a 1/5 share in the old ratio. What is the sacrifice of the first old partner?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioEasy AccountancyThe new profit-sharing fractions of three partners are 3/8, 3/8, and 2/8, respectively. What will be their new profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioEasy AccountancyIf a new partner is admitted for a 1/5 share, what should be the total of all partners' new shares?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioEasy AccountancyDeepak and Isha share profits in the ratio 3:1. Falgun is admitted as a partner for a 1/4 share of profits, which is contributed by Deepak and Isha in their old profit-sharing ratio. What is Deepak’s new profit-sharing share?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioEasy AccountancyIn the super profit method which base is most appropriate for calculating super profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyWhat is the basic meaning of goodwill in partnership?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy AccountancyA and B share profits equally. B's salary (₹40000) was debited twice. What will be the effect on A's share after correction?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in (4:1). Interest on drawings (₹10000) was charged to A but not added to profit. What is the net effect on A in rectification?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in (3:2). B gave loan (₹50000) to the firm but it was wrongly treated as B's capital and (10%) interest on capital was allowed. The deed is silent. What is the correct interest difference?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in (2:1). Interest on capital (₹30000) was omitted. A's claim is (₹12000) and B's claim is (₹18000). What will happen in rectification?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyIf an exam question says commission is on net profit and another adjustment is to be allowed first what is the usual caution?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA is to get salary (₹20000) and (10%) commission on profit before commission. Profit is (₹150000). If salary is deducted first what is the commission?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in (1:2). B is guaranteed (₹60000). Profit is (₹120000). Will there be any guarantee adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in the ratio 3:2. Profit of ₹1,25,000 included unrealised income of ₹25,000. By how much will A’s profit share decrease after correction?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyPartners shared profit (₹90000) equally. Later it was found that the correct ratio was (4:3:2). What is the effect on the third partner?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in (3:1). Interest on A's drawings was (₹16000), but it was wrongly charged to both in profit ratio as (₹12000) and (₹4000). What will happen in rectification?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA and B share profits in the ratio 2:1. Correct interest on capital was ₹18,000 and ₹12,000, but it was wrongly allowed as ₹20,000 and ₹10,000. What will happen in rectification?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium