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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।

AccountancyAt the dissolution of a firm, what effect does a realisation loss have on the partners’ capital accounts in their profit-sharing ratio?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyFor what purpose is the final balance of the Realisation Account used?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyThe Realisation Account shows a profit of ₹21,000. If the firm has three partners who share profits equally, what amount will be transferred to each partner’s account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn the dissolution of a partnership firm, a realisation loss of ₹10,000 is shared between the partners in the ratio of 3:2. What amount of loss will be debited to the first partner’s account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyTo which account is the profit on realisation transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyIf a partnership firm incurs a realisation loss of ₹15,000 and the partners share profits and losses in the ratio of 2:3, what amount of the loss will be debited to the second partner’s account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyUpon dissolution of a partnership firm, a realisation profit of ₹27,000 is to be distributed between the partners in the ratio of 1:2. What will be the first partner’s share of the profit?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn dissolution of a partnership firm, in which ratio is the loss arising from the Realisation Account distributed among the partners?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn dissolution of a partnership firm, to whom is the balance of the reserve fund transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyIf the total profit recorded in the Realisation Account is ₹15,000 and the profit-sharing ratio of the first and second partners is 3:1, what share of the profit will the second partner receive?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyIf the Realisation Account shows a loss of ₹9,000 and the three partners share profits equally, how much loss will be transferred to each partner’s account?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyIf there is a profit on the Realisation Account, which entry is made in the partners’ capital accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyA and B share profits in the ratio of 7:3. On dissolution of the firm, a realisation loss of ₹5,000 is incurred. What will be A’s share of this loss?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyIf the realisation loss is ₹18,000 and the partners’ profit-sharing ratio is 2:2:1, what amount of loss will be borne by the third partner?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyA and B share profits in the ratio 4:1. On dissolution of the firm, the Realisation Account shows a profit of ₹25,000. What will be A’s share?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyOn dissolution of a partnership firm, when the Realisation Account shows a loss, which account is debited for transferring that loss?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyA and B share profits in the ratio 5:3. If a profit of ₹16,000 arises from realisation, what will be A’s share?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyOn dissolution of a firm, to which account is the profit from the Realisation Account ultimately transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyA and B share profits in the ratio 3:2. If the firm incurs a realisation loss of ₹10,000 on dissolution, what will be A’s share of the loss?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyOn dissolution of a partnership firm, a realisation profit of ₹18,000 was earned. If the partners’ profit-sharing ratio is 2:1, how much will be transferred to the first partner’s account?Class 12Dissolution of a Partnership FirmClosing the BusinessHard