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Profit Calculation

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

AccountancyA deceased partner’s estimated annual share of profit is ₹2,04,000. What will be the partner’s share of profit for the 5 months up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyTo determine the deceased partner’s share of profit up to the date of death, what is the 8-month portion of the annual profit of ₹11,52,000?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyA partnership firm’s estimated annual profit is ₹7,56,000. For calculating the deceased partner’s profit up to the relevant date, what amount should be taken as the profit for one month?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyA partnership firm earned an annual profit of ₹1,92,000 in the previous year. If the profit up to the date of a partner’s death is estimated for a period of 3 months, what will be the profit for that period?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyFor which period is a deceased partner’s share of profit generally calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyWhy is the deceased partner not entitled to a share of profits earned after the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyIf the firm’s annual average profit is ₹7,80,000 and a partner dies 5 months into the year, what is the estimated share of profit up to the date of death? Assume the partner’s profit-sharing ratio is 1.Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyWhile calculating the deceased partner’s profit up to the date of death, if the firm’s annual profit is ₹12,00,000 and the relevant period is 6 months, what will be the profit for that period?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyAssuming that the deceased partner’s profit-sharing ratio is 1/1, if the annual profit is ₹8,40,000 and he dies 1 month after the beginning of the accounting year, what will be his share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyIf the previous year's annual profit was ₹7,20,000 and profit accrues evenly throughout the year, what will be the estimated profit up to the date of a partner's death after 7 months?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyFor calculating a deceased partner’s share of profit, if the profit of the previous year was ₹1,20,000 and profit is assumed to accrue evenly throughout the year, what is the estimated profit attributable to the 3 months preceding death in the current year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyWhy are expenses incurred after the partner’s death not included in calculating the deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyUp to the date of death, the firm’s profit is ₹1,50,000 and the deceased partner’s share in the profit is 10%. What will be the deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyIf a partner dies during the year and the partnership deed prescribes a special method for determining the partner’s share of profit up to the date of death, on what basis should the profit be calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyIf profit is earned uniformly throughout the accounting year and the annual profit is ₹2,16,000, what will be the time-based profit when death occurs 10 months after the beginning of the accounting year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyWhy are sales made after the date of death not included in the deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyIf a partner dies 5 months after the beginning of the accounting year, what time ratio should be used to calculate the profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyFor calculating a partner’s share of profit up to the date of death, what should be followed if the partnership deed specifies a particular method?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyWhy 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 ShareMediumAccountancyIf 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

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