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Profit Share

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 AccountancyAfter being credited to the deceased partner’s capital account, the amount of their share of profit is ultimately transferred to which account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is the deceased partner’s share of profit up to the date of death calculated in a partnership firm?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyFor what period is the deceased partner generally entitled to claim a share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyAccounting for a deceased partner’s share of profit accrued up to the date of death reflects which principle?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIn which situation is a deceased partner’s share of profit up to the date of death determined?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhich of the following is a common error in calculating a deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhat is the main objective of estimating a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyAccounting for the deceased partner’s share of profit earned up to the date of death mainly applies which principle?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is a partner’s share of profit up to the date of death primarily calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhen a partner dies, up to what period is their share of the current accounting year’s profit calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe deceased partner’s share of profit up to the date of death is generally calculated on which basis?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf a deceased partner’s account is to be credited with capital of ₹54,000, his share of goodwill of ₹6,000, and his share of profit up to the date of death of ₹4,000, what total amount should be credited to his account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhy is the deceased partner’s share of profit earned after the date of death not credited to the deceased partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA deceased partner has a capital balance of ₹45,000 and is entitled to ₹4,000 as a share of the final profit. Assuming there are no other adjustments, what total amount is payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyIf the total amount in the deceased partner’s account is ₹85,000 and a profit share of ₹5,000 is added to it, what will be the new total amount?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhy is the time ratio useful for estimating a deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf a deceased partner’s capital is ₹60,000 and their share of profit up to the date of death is ₹4,000, with no other adjustments, what total amount will be due to the partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhy is profit share not given on balance in retiring partner loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyA B and C share profits in 5:3:2 and C retires. The firm goodwill is ₹50000. What is C share?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium