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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 3:2. After adjustments, the remaining profit is Rs 50,000. What is A’s share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf A and B's correct profit-sharing ratio is 1:1 but the entire profit is credited to A's account, what will be the effect on B's account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf A and B's correct profit-sharing ratio is 1:1 but the entire profit was credited to A, whose account will be debited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIf A received five thousand rupees less profit, what entry will be made to A's account during adjustment?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyWhat is generally prepared to correct an error in past profit distribution in partnership?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyIn complex profit distribution with guarantee deficiency sequential commission proportionate interest and old ratio correction together what is the safest final check?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyA was paid Rs 96,000 according to the old profit-sharing ratio but under the correct calculation he should have received only Rs 84,000. In the adjustment, what will be the treatment of A's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyProfit ratio changed and Rs 270000 profit was distributed in old ratio three to two. New correct ratio is four to five. What happens to B in correction?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyAt balancing of appropriation account credit side exceeds by Rs 12000. What is the most likely missing item in final profit distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIn the appropriation account, net profit of Rs 380000 and interest on drawings of Rs 22000 are shown on the credit side. Total debit items amount to Rs 150000. The remaining profit is to be divided in the ratio 4:3:2. What is the second partner's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyInterest on capital for A and B is Rs 63000 and Rs 42000 respectively. Available profit is Rs 84000. How much proportionate interest will A receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyA deficiency of Rs 25,000 in C's guaranteed share has been met by the firm. What will be the effect on the final profit shares of A and B?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyA B C share profits equally. Total profit is Rs 210000. B gets salary Rs 45000 and C has minimum guarantee Rs 80000. What is Cs deficiency?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyThe deed says interest on capital will be allowed as expense before profit. If net loss is Rs 70000 and interest on capital is Rs 35000 what will be total loss?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyThere is loss of Rs 80000 and interest on drawings is Rs 12500. There is no other appropriation. What will be net loss to be distributed?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyProfit of Rs 2,10,000 was wrongly shared in the ratio 4:2:1 instead of the correct ratio 3:3:1. How much more will B receive on adjustment?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyTotal profit is Rs 480000. First A gets salary Rs 70000 and B gets commission Rs 50000. Remaining profit is shared in ratio five to four to three. What is the third partners share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyProfit is Rs 3,80,000. After deducting A's salary of Rs 50,000, B is entitled to a 20% commission on the profit remaining after charging the commission. What is the commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyTotal profit is Rs 380000. First A receives a salary of Rs 50000. B then receives a 20% commission on the remaining profit. What is B's commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyA gets salary Rs 35000 and commission Rs 25000. Remaining profit is Rs 180000 shared by A and B in ratio five to four. What is As total claim?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert