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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।

AccountancyTo which account is the realisation profit transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyWhat is the fundamental principle for calculating the deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partnership firm’s estimated annual profit is ₹20,40,000. A partner dies 2 months after the beginning of the financial year. If the partner’s profit-sharing ratio is 1:1, what will be his share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyFor calculating the deceased partner’s share of profit, if the firm’s estimated annual profit is ₹12,00,000 and the partner dies 2 months after the beginning of the financial year, what will be the firm’s estimated profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhen a partner dies, which rule is applied to calculate the partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe average annual profit for the last four years is ₹4,80,000. A partner whose profit-sharing ratio is 1/4 dies 6 months after the beginning of the financial year. What is the estimated amount of the deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA firm’s average annual profit is ₹9,60,000. A partner having a 1/4 profit-sharing ratio dies after 3 months of the year. Under the average profit method, what will be the deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy are the average profits of previous years used to calculate a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhich information is most essential for determining the relevant period while 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 AccountancyThe average annual profit of the firm for the last three years is ₹1,80,000. If a partner dies 8 months after the beginning of the accounting year and his share in the firm’s profits is 1/3, what will be his share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is the deceased partner’s share of the firm’s goodwill added to the amount due to them?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhy is the deceased partner’s share of the reserve fund credited to his account in a partnership firm?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyAt the time of a partner’s death, the Investment Fluctuation Reserve is ₹30,000 and there is no expected loss on investments. If the deceased partner’s profit-sharing ratio is 1/3, how much will be credited to his capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA partnership firm has a reserve of ₹1,20,000. The deceased partner’s share in the profit-sharing ratio is 5%. What amount of the reserve is due to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA firm earns a profit of ₹84,000, and the deceased partner’s share in the profit-sharing ratio is \(\frac{3}{14}\). What is the deceased partner’s share of the profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyThe firm's profit up to the date of a partner's death is ₹1,26,000, and the deceased partner's profit-sharing ratio is 2/7. What will be the deceased partner's share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA partnership firm has a reserve of ₹54,000. If the deceased partner’s share in the profit-sharing ratio is \(\frac{1}{9}\), what amount of the reserve will be transferred to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich basis is identified first to calculate a deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA firm has a reserve of ₹45,000. If the deceased partner’s share in the profit-sharing ratio is 2/9, what amount of the reserve will be credited to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA firm has a reserve of ₹60,000. If the deceased partner’s share in the profit-sharing ratio is \(1/3\), what amount of the reserve will be credited to that partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium