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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।

AccountancyA is to receive five percent commission on profit before charging commission. If profit is Rs 220000 what is the commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyA first receives a commission of Rs 14,000, and the remaining profit is shared by A and B in the ratio 2:3. If total profit is Rs 89,000, what is B's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyA gets salary of Rs 18000 and two fifths share in remaining profit. If profit before salary is Rs 98000 what is As total share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyThe deed states profits are to be appropriated in this order: partners' salary first, interest on capital next, and then the remaining profit distributed among partners. According to this clause, which item will be deducted first?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyInterest on drawings given is Rs 2,300 for A and Rs 1,700 for B. What will be the total credit in the Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyIn Profit and Loss Appropriation Account interest on capital is Rs 36000 and partner commission is Rs 12000. What is total debit appropriation?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyIf net profit is Rs 140000 interest on capital is Rs 28000 salary is Rs 18000 and interest on drawings is Rs 4000 what will be remaining profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyA, B and C share profits in the ratio 1:4:5. The remaining profit is Rs 1,50,000. What is B's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyA and B share profits in the ratio 5:3. If the distributable profit is Rs 96,000, what is A's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyIf a question gives both profit ratio and guarantee why is normal profit share calculated first?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyIn a profit distribution question what is the most useful check before final answer?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyIf partners accounts are debited and appropriation account is credited what entry may this indicate?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyIf partners accounts are being credited in profit distribution what does it generally indicate?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyIf profit is Rs 100000 and A first gets commission Rs 10000 then remaining profit is shared equally what is As total share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyIf A gets salary Rs 12000 and one fourth share in remaining profit. Profit before salary is Rs 60000 what is As total share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyIf a net loss remains in the appropriation account, in what form will it be transferred to the partners' accounts?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyTo which account is the final balance of profit in appropriation account transferred?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyIf total loss is Rs 48,000 and A, B and C share it in the ratio 1:2:3, what is C's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasyAccountancyIf the profit is Rs 72,000 and A, B, C share it in the ratio 3:2:1, what is B's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMediumAccountancyWhat is the second effect of charging interest on drawings in the partner's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium

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