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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 and B share profits in the ratio 5:3. A’s annual salary is ₹36,000 and B’s commission is ₹24,000. Total profit is ₹1,40,000. What is A’s share in the remaining profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA and B share profits in the ratio 4:1. Total profit is ₹60,000. B is guaranteed a minimum profit of ₹20,000, and A will bear any deficiency. What is B’s final profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA 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 ConceptsAdjustmentsExpert AccountancyA and B share profits in the ratio 3:2. Net profit is ₹90,000. B is to receive salary of ₹12,000 and A is to receive commission of ₹6,000. What is the remaining profit for distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf interest on drawings is omitted before profit distribution, what is the first direct effect?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyA B and C share profits in the ratio 3:2:1. Total profit is ₹96000. A gets salary ₹12000 and C gets interest on capital ₹6000. What is B's share of remaining profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyThe deed states that A will get managerial commission at 10% of profit and it is to be given before profit distribution. In which account will it appear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA and B share profits in the ratio 3:1. B is allowed commission of 20% of total profit and the balance is shared in profit ratio. Profit is ₹100000. What is A's total share?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyA, B and C share profits in the ratio 5:3:2. C is guaranteed a minimum of ₹25,000 by A and B in their profit-sharing ratio. If total profit is ₹90,000, what is A’s final share?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyPartner salary of Rs 8,000 was credited to the Appropriation Account although it should have been debited. What is the effect on remaining profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyGeneral reserve Rs 12000 was to be created but was omitted. How will profit distributed among partners appear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyA and B share profits in the ratio 5:2. After adjustments, the remaining profit is Rs 70,000. What is A’s share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf interest on drawings is credited in the Profit and Loss Appropriation Account, how does it affect the remaining profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf general reserve Rs 5000 is omitted how will profit distributed among partners appear?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyNet profit is Rs 85,000. Partner salary is Rs 15,000 and general reserve is Rs 10,000. What will be the remaining profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf the deed provides interest on capital but profit is not sufficient in the year, what is the general adjustment limit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf the creation of a reserve was omitted, how would the profit have been distributed earlier?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf B's correct share was ₹11,000 but he was paid only ₹8,000, what will be the effect on B's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf partner A has been mistakenly allotted less profit, on which side will A's account appear in the adjustment entry?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf interest on capital is omitted, what will be the effect on the remaining profit?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium