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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।

AccountancyNet profit is Rs 160,000. Reserve is 10% of profit, and A's commission is 5% on the profit remaining after the reserve is set aside. What is A's commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyProfit ratio of A B C is two to three to five. A is exempted from losses. Total loss is Rs 80000 and B C will share loss in their old ratio. How much will C bear?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyA gets twenty percent commission on profit after charging such commission. Profit before commission is Rs 144000. What is the commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyA B C share profit in ratio five to three to two. Total profit is Rs 300000. C is guaranteed Rs 75000 and deficiency will be borne equally by A and B. What is As final share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIf interest on capital Rs 30000 is wrongly treated as expense in Profit and Loss Account what combined error occurs in net profit and appropriation?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyNet profit is Rs 90000 and interest on partner loan Rs 6000 has not been deducted yet. Then interest on capital Rs 18000 is to be allowed. What profit is available for appropriation?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIf last year profit of Rs 120000 was shared equally though correct ratio was three to two what will A receive in adjustment?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyThe deed says first create twenty percent reserve and then give A ten percent commission on remaining profit. Profit is Rs 200,000. What is the commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA gets two percent commission on sales and one third share in remaining profit. Sales are Rs 600000 and profit before commission is Rs 150000. What is As total claim?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyInterest on capital claims are A Rs 18000 B Rs 27000 and C Rs 15000. Available profit is Rs 40000. How much interest will B receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyA B C share profits in ratio three to two to one. A guarantees C a minimum profit of Rs 40000. Total profit is Rs 180000. What will be As final profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyA receives a salary of Rs 24,000 and a commission of 10% on profit after charging such commission. Profit before salary is Rs 134,000. What is A's commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyNet profit is Rs 220000. Interest on capital is Rs 40000 salary is Rs 30000 reserve is Rs 20000 and interest on drawings is Rs 10000. What will be the remaining distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIn a hard profit distribution question involving commission salary interest reserve and guarantee what check is most important before final answer?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyNet profit is Rs 100,000. A's salary is Rs 20,000, B's commission is Rs 10,000, interest on drawings is Rs 5,000, and a reserve of Rs 15,000 is created. What is the remaining profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyThe deed says A will first receive interest on capital and will not share remaining profit. What type of arrangement is this for A?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf guarantee deficiency is deducted from guaranteeing partners profit why does total profit in appropriation not change?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA B C profit ratio is three to three to four. Total profit is one lakh rupees. C is guaranteed minimum fifty thousand and A alone bears deficiency. What is A final profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIn profit distribution if drawings are treated as expense and deducted from profit and interest on drawings is not charged separately what is the main error?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancySales of first period are two lakh and sales of second period are three lakh. Total profit is one lakh rupees. What profit will be considered for second period?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard