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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।

AccountancyIf As current account has opening debit balance of Rs 3000 and profit share is Rs 10000 with no other item what will be closing balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf partners capital is to be kept fixed why is it improper to record share of profit in capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyUnder fixed capital method in which account is share of profit recorded and why?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyUnder fixed capital method, if a partners share of profit is to be recorded, which account will be credited?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf a partner's opening capital balance is Rs 30,000 and his share of profit of Rs 5,000 is credited to capital with no drawings, what will be the new capital balance?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf A's profit share is Rs 7,000, on which side of A's capital account will it be recorded?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyHow does a partners share of profit affect his capital or current account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder fluctuating capital method, profit share is credited to which account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf a partner's share of profit is not recorded, how will the partner's account be affected?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIn a partner's current account, on which side is the partner's share of profit recorded?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf D capital is twenty five thousand rupees and profit share is ten thousand rupees what will be capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder the fixed capital method, to which account is a partner’s share of profit credited?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf C’s capital is ₹30,000 and C’s share of profit is ₹6,000, what will be C’s capital under the fluctuating capital method, assuming no other adjustment?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder fluctuating capital method where is share of profit credited?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf the deed says profit till date of death will be based on last years profit, what is needed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf A has guaranteed B in the deed and Bs deficiency is Rs 7000, from whose share will this deficiency be deducted?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed requires partners capital accounts to be maintained under fluctuating capital method, where will profit share be credited?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyIf the deed guarantees minimum profit of Rs 40000 to A and actual share is Rs 32000, what is the deficiency called?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed follows fluctuating capital method. Where will year end profit share be credited?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard AccountancyThe deed includes capital interest salary profit share and goodwill in amount due on death. Which item relates to right up to death rather than future service?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard