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Profit Sharing Ratio

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

AccountancyIf the debit balance of the Profit and Loss Account is ₹24,000 and A and B share profits in the ratio of 3:1, how much will be debited to A’s Capital Account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyAt the time of dissolution of a partnership firm, the general reserve is ₹30,000. If A, B and C share profits in the ratio 2:2:1, how much will be credited to C’s account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf A and B share profits in 3:2 and realisation profit is ₹50000 then how much will be credited to A's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf realisation loss is twenty one thousand rupees and ratio is two is to three is to two, how much loss will the middle partner bear?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf A and B share in the ratio four is to one and fictitious asset is ten thousand rupees, how much will be debited to B's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, when is the balance of the life policy reserve transferred to the partners’ capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf A and B share profits in the ratio 3:2 and the firm earns a realisation profit of ₹50,000, how much will be credited to A’s Capital Account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf there is profit in realisation account, what entry is made in partners' capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyPartners R and S share profits and losses in the ratio of 5:3. On dissolution of the firm, the Realisation Account shows a loss of ₹64,000. What amount will be debited to partner S’s Capital Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyPartners A and B share profits in the ratio 3:2. Realisation profit is ₹50,000. How much will be credited to A’s capital account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a partnership firm, if a profit arises from the sale of an asset, to which account is it transferred?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIf all entries in the Realisation Account are correct but the profit from realisation is distributed in the wrong profit-sharing ratio, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyIf all entries in the Realisation Account are correct but the realisation profit is distributed among the partners in the wrong ratio, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyWhen a loss arises in the Realisation Account on dissolution of a firm and the partners have different profit-sharing ratios, on what basis will the loss be transferred to their Capital Accounts?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIf all transactions in the Realisation Account are recorded correctly, but the profit or loss on realisation is distributed among partners using the wrong profit-sharing ratio, what is the result?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyIf the profit from the Realisation Account is distributed among the partners in an incorrect ratio at the time of dissolution, what will be the most direct effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if more than the entitled share of Realisation Account profit is transferred to one partner’s capital account, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyIf all transactions of a firm's dissolution are recorded correctly, but the profit or loss on the Realisation Account is distributed in an incorrect capital ratio instead of the partners' profit-sharing ratio, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAfter the Realisation Account has been closed and its profit or loss has been transferred to the partners’ accounts, in which account is an error found in it generally rectified?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution of a partnership firm, among whom is the profit or loss arising from the Realisation Account distributed?Class 12Dissolution of a Partnership FirmRealisation AccountExpert