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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।

AccountancyWhat is the "second effect" of interest on capital in a partner's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyWhat is the second effect of partner salary in profit distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyPartner salary is Rs 20,000 and interest on capital is Rs 30,000, while available profit is Rs 40,000. If no order is given, what is the proportionate amount of salary?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf firm has net loss what is the general treatment of interest on capital when deed says it is allowed only out of profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA B C share profits in ratio four to three to three. C is guaranteed minimum profit Rs 30000. Total profit is Rs 80000 what is Cs deficiency?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA, B and C share profits in the ratio 3 : 3 : 2. A and B are to bear C's deficiency equally. If C's deficiency is Rs 6000, how much will A bear?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA and B share profits equally. B is guaranteed a minimum profit of Rs 35,000 and the total profit is Rs 60,000. What is B's deficiency?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA, B and C share profits in the ratio 2:2:1. If the remaining profit is Rs 75,000, how much will A and B together receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyNet profit is Rs 95000. Interest on capital is Rs 20000 salary is Rs 15000 and interest on drawings is Rs 5000. What is remaining profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIn appropriation account credit items are Rs 120000 and debit appropriation items are Rs 45000. What is distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA and B have equal capitals, but their profit-sharing ratio is 4:1. What is A's share of a profit of Rs 50,000?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf in a partnership the capitals are in the ratio 2:3 but the partners have agreed to share profits equally, on what basis will the net profit be distributed?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf last year profit was distributed in wrong ratio which account may be prepared for correction?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf appropriation items exceed profit and there is no special condition what is the safe treatment?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIn the journal entry for distributing a loss among partners, what happens to the partners' accounts?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIn the journal entry for distributing final profit which account is debited?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyUnder fluctuating capital method partners final share of profit will be credited to which account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyUnder the fixed capital method, a partner's share of profit will be credited to which account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf profit is insufficient and deed gives the order of appropriation items which will get priority?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA receives a monthly salary of Rs 4,000. What will be the total salary for the year?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy