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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।

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 ShareMediumAccountancyWhy is the time period important when calculating a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMediumAccountancyIf 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 ShareMediumAccountancyThe debit total of a Revaluation Account is ₹2,94,000 and its credit total is ₹3,08,500. What is the result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpertAccountancyAt the time of admission of a partner, if the debit total of the Revaluation Account is ₹8000 and the credit total is ₹12500, what will be the balance of the account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyIf the debit total of the Revaluation Account is ₹14,000 and the credit total is ₹19,000, what is the result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyProfits are ₹30,000, ₹40,000 and ₹50,000 with weights 1, 2 and 3. What is the weighted average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyProfits are ₹150000, ₹210000, ₹270000 and ₹330000, and the weights are 1:2:3:5. What is weighted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillHardAccountancyUnder the weighted average method, the total weighted profit is ₹7,80,000 and the total weight is 12. What is the weighted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMediumAccountancyProfits are ₹60000, ₹80000 and ₹90000, and weights are 1:2:4. What is the approximate weighted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMediumAccountancyProfits are ₹30,000 and ₹50,000, with weights 1 and 2 respectively. What will be the weighted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyUnder the weighted average profit method, the total weighted profit is ₹5,40,000 and the total weight is 9. What is the weighted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMediumAccountancyProfits are ₹50,000, ₹70,000 and ₹90,000, and the corresponding weights are 1:2:3. What is the weighted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillMediumAccountancyFor partnership goodwill valuation, the profits of the last four years are ₹20,000, ₹30,000, ₹40,000 and ₹50,000, respectively. What is the average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyProfits are ₹20,000 and ₹30,000 with weights 1 and 2 respectively. What is the weighted average profit?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyPartner A is to receive commission at 12% of profit after charging such commission. Profit before commission is ₹1,12,000. What is the commission?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHardAccountancyA is to receive a commission of 10% of the total profit before profit distribution. If the total profit is ₹88,000, what will be A’s commission?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpertAccountancyProfit is Rs. 100,000 and a 10% general reserve is to be created. What will be the remaining profit after creating the reserve?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMediumAccountancyA and B have equal capitals, but their profit-sharing ratio is 4:1. What is A's share of a profit of Rs 50,000?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasyAccountancyIf the deed requires 15% of profit to be transferred to the expansion fund and the total profit is ₹2,00,000, how much will be transferred to the expansion fund?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard

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