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Profit Distribution

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

AccountancyHow is the debit balance of the Profit and Loss Account distributed on dissolution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyAt the time of dissolution, a partnership firm earns a profit of ₹33000. If the profit is distributed among the partners in the ratio 1:2:3, what will be the third partner’s share?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, a profit of ₹42,000 is to be distributed equally among three partners. What share of the profit will each partner receive?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of a partnership firm, a realisation profit of ₹48,000 is to be distributed among the partners in the profit-sharing ratio 5:4:3. What will be the third partner’s share?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyA, B, and C share profits in the ratio 3:2:1. What will be C’s share in a profit of ₹12,000?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyThe Realisation Account shows a profit of ₹24,000. If the three partners share profits in the ratio 4:3:1, how much will be credited to the third partner’s share?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of a partner’s admission, the Insurance Reserve is ₹68,000 and the insurance claim is ₹26,000. If the remaining reserve is distributed between the old partners in the ratio 2:5, how much will the second partner receive?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA, B and C share profits in the ratio 3:2:5. At the time of reconstitution, the Capital Reserve is ₹1,20,000 and the debit balance of the Profit and Loss Account is ₹50,000. What net amount will be credited to C’s account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA and B share old profits in 7:8. Revaluation profit ₹75000 was wrongly shared equally. How much was A given less or more?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyBefore the admission of a new partner, three old partners share profits in the ratio 9:6:5. A profit of ₹1,00,000 arises from revaluation. What will be the second old partner’s share of this profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyA new partner is admitted. Revaluation profit is ₹48000 and old partners old ratio is 5:3. How will the profit be shared?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyOn the admission of a new partner, a revaluation profit of ₹15000 was earned. If the old partners share profits in the ratio 3:2, what will be the second partner’s share?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf the revaluation profit is ₹9,000 and the old partners’ ratio is 2:1, how much will the partner with the larger share receive?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyA B and C have capitals of ₹100000 ₹150000 and ₹250000 respectively. Profit ratio is equal. Interest on capital is 6% and profit is ₹90000. What is C's total profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA and B share profits in the ratio 4:1. A gets salary ₹25000 and B gets interest on capital ₹15000. Total profit is ₹90000. What is B's total share?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA and B share profits in the ratio 7:3. B gets commission at 10% of total profit and the remaining profit is shared in ratio. Total profit is ₹150000. What is A's share?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA and B share profits in the ratio 4:3. The profit is ₹98,000. A is entitled to a salary of ₹14,000 and B to a commission of ₹7,000. What is A’s final share of profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA and B have capitals of ₹300000 and ₹200000. Profit ratio is equal. Interest on capital is 8%. If profit is ₹70000 and there is no other adjustment what is B's total profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA, B and C share profits in the ratio 3:3:2. Total profit is ₹1,60,000. B receives a salary of ₹20,000 and C receives a commission of ₹16,000. What is A’s share of the remaining profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA and B share profits in the ratio 3:1. A receives commission at 15% of total profit and then receives a share of the balance in the profit ratio. Total profit is ₹1,20,000. What is A’s total share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard