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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।

AccountancyA, B and C share profits in the ratio 2:2:1. C retires, and the new ratio of A and B is 3:2. Who acquired the greater share of profit?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyRevaluation profit is ₹60000. Old partners share 7:5 but new ratio is 5:4:3. How much will old partner A receive?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyAs profit share is Rs 35000 and interest on drawings is Rs 4500. What will be the net effect in As account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyUnder fluctuating capital method profit share Rs 16000 was wrongly debited. What is the effect on capital balance?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyA, B and C share profits in the ratio 2:3:5. After adjustments the remaining profit is Rs 120000. What is C's share?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf the net profit is Rs 50,000 and A and B share profits in the ratio 3 : 2, what is B's share when there are no other adjustments?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyUnder fluctuating capital method partners share of profit will be credited to which account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf reserve is created after partners profit share though deed required it before profit share what is the effect?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyUnder fluctuating capital method partners final share of profit will be credited to which account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIn profit distribution final profit share may go to which partners account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyWhat is the immediate effect of creating a reserve on the profit share distributed to partners?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyWhen profits are distributed, how is a partner's share of profit shown in the partner's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyOn which side are partners shares of profit written in Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf minimum profit is guaranteed by the firm what will the deficiency affect?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyUnder fixed capital method profit share was recorded in capital account and also in current account. What is the main effect?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf As capital is Rs 80000 and Bs capital is Rs 120000 and profit is to be shared equally in what ratio will profit be credited to their accounts?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf partners capital is to be kept fixed as per deed which item should not go to capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf a partners profit share is Rs 16000 and interest on drawings is Rs 1200 what will be the net credit effect in fluctuating capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyUnder the fixed capital method, which item is recorded in the current account and not in the capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf under fixed capital method profit share is wrongly credited to capital account what problem will occur?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium