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Personal Expenses

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

AccountancyThe firm paid Rs 16,000 for partner A's personal car repair. How should this be adjusted?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMediumAccountancyIf the firm paid A's personal income-tax liability of ₹13,000, how should this be accounted for in the books of the firm?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMediumAccountancyIf a partner's personal income tax is recorded as a firm expense, what error will occur in the accounts?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHardAccountancyIf the firm paid a partner's personal insurance premium of Rs 6,000, how should it be treated in the accounts?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMediumAccountancyThe partnership deed explicitly states that the firm will pay a partner's personal tax and treat it as drawings. On payment, which account should be debited?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpertAccountancyA clause restricting personal expenses in the deed controls what?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy

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