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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।

AccountancyIf profit ratio changed during the year but profit was not earned evenly and must be divided on sales basis what should be done?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA B C share profit in ratio three to two to five. Net profit is two lakh rupees. C gets ten percent commission first. What is A profit share after commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyNet profit is Rs 25,000. A's salary is Rs 40,000 and the deed says the salary is fully payable. A and B share profits in the ratio 2:3. What is B's share of the loss?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf, after allowing A's salary, the remaining profit becomes negative, what is the negative balance treated as?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA and B share profits in the ratio 2:3. Total loss is Rs 50,000, but B is exempted from the loss. What is A's share of the loss?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf a partner's personal income tax is recorded as a firm expense, what error will occur in the accounts?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA salary is forty thousand and B salary is twenty thousand. Available profit is thirty thousand rupees and salary is payable proportionately up to available profit. How much salary will A receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA B share profit equally. Net profit is forty thousand rupees. A salary is thirty thousand and B salary is thirty thousand. Salary is payable only to available profit and ratio is equal. How much salary will each receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA B C profit ratio is one to two to three. A is guaranteed thirty thousand rupees and total profit is ninety thousand. Deficiency is borne by B and C in their ratio. What is B final profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA B C profit ratio is one to two to three. A is guaranteed minimum thirty thousand rupees. Total profit is ninety thousand rupees. Deficiency is borne by B and C in their ratio. How much is deducted from C?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf remaining profit after appropriations is seventy thousand rupees and A, B and C share profits in the ratio 2:2:3, what is C’s share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyNet profit is eighty thousand rupees. Interest on capital is twenty five thousand salary is fifteen thousand and interest on drawings is five thousand. A B ratio is five to four. What is A share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA B profit ratio is three to two. A salary is fifteen thousand and B commission is ten thousand. After appropriations there is loss of twenty five thousand rupees. What is the net effect in A account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyReserve was credited in appropriation account though it should have been debited. Reserve amount is ten thousand rupees. What is total error effect on distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf a bonus is 20% of the remaining profit after charging the bonus, and profit before the bonus is Rs 96,000, what is the bonus?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyNet profit is one lakh twenty thousand rupees. A gets ten percent commission before charging commission and B gets twenty percent bonus on remaining profit. A commission is deducted first then B bonus. What is B bonus?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA B profit ratio is four to one. Total profit is seventy five thousand rupees. B is guaranteed minimum twenty thousand rupees by A. What is A final profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyThe deed guarantees A minimum total benefit of forty five thousand rupees including salary. A salary is fifteen thousand and actual share of remaining profit is twenty thousand. What is guarantee deficiency?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA and B share profits equally. B is first allowed a fixed amount of Rs 25,000 from profit, and the remaining profit is shared equally. Total profit is Rs 65,000. What is A's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA B C share profit in ratio two to three to five. C gets salary ten thousand rupees in addition to profit share. Net profit is one lakh ten thousand rupees. What is C total benefit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard