Skip to content

Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

RELATED QUESTIONS

Profit Estimation

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyWhy is it considered fair to give a deceased partner a share of the profit earned up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhen interim accounts are not prepared, on what basis is the deceased partner’s share of profit up to the date of death generally estimated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner dies after 8 months of the financial year. If the firm’s estimated annual profit is ₹5,88,000 and profit accrues evenly throughout the year, what will be the estimated profit of the firm up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyCase: The partnership deed does not specify the method for estimating profit up to the date of a partner’s death. In such a situation, which basis is generally adopted?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyBased on the previous year, if the firm’s estimated annual profit is ₹6,72,000 and a partner dies 5 months after the beginning of the year, what amount of profit should be estimated for the firm up to the date of death, assuming profits accrue evenly?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is average profit used to calculate the deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner dies 2 months after the beginning of the accounting year. If the firm’s annual profit, based on the average profit of previous years, is ₹18,00,000 and profit is earned uniformly throughout the year, what will be the estimated profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the average annual profit of previous years is ₹10,20,000 and a partner dies 3 months after the beginning of the accounting year, what will be the estimated profit of the firm up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhen the partnership deed contains no provision, on what basis is the deceased partner’s share of profit up to the date of death generally estimated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyFor estimating a deceased partner’s share of profit up to the date of death, which information is essential for determining the relevant period?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the average annual profit for the last 3 years is ₹6,00,000 and a partner dies 4 months after the beginning of the accounting year, what profit is estimated up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy are the average profits of previous years used to estimate the current year’s profit while determining a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the partnership deed is silent, which method is generally used to estimate the deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhich of the following is generally considered the most reliable basis for estimating a partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe deceased partner’s profit is to be estimated on a time basis up to the date of death. If the firm’s estimated annual profit is ₹5,76,000, what will be the share of profit for 4 months?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is a deceased partner’s share of profit calculated when the partner dies before the end of the accounting year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe average annual profit is ₹6,60,000. If the partner died after completing 11 months of the accounting year, what is the estimated share of the firm’s profit up to the date of death? Assume a profit-sharing ratio of 1/1 for the time-based calculation.Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyCase: The deed does not specify the method of estimating profit. What is the most appropriate basis?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyThe profit up to a partner’s date of death is to be estimated on the basis of the previous year’s profit of ₹5,40,000 for a period of 8 months. What will be the estimated profit for this period?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyOn what basis is a deceased partner’s share of profit up to the date of death generally estimated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert