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RELATED QUESTIONS

Profit Sharing

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

AccountancyIf a deceased partner’s share of the total profit is 1/6 and the total profit is ₹66,000, what is the partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is a share of profits earned after the date of death not added to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhich of the following items is deducted while calculating the amount due to a deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyUp to the date of a partner’s death, the firm’s profit is ₹1,00,000. If the deceased partner’s share in profit is 20%, what amount of profit will be credited to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen is estimated profit used to calculate a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyFor the period from the beginning of the accounting year, up to which date is the deceased partner’s share of profit credited to the partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy are profits earned after the date of death generally not included in a deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyIf a deceased partner’s share of profit up to the date of death is ₹5,000, in which account will this amount be credited?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyUp to which date is the deceased partner’s share of the current year’s profit generally calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA, B and C share profits in the ratio 4:5:3. A retires, and the new profit-sharing ratio of B and C becomes 3:5. Which partner makes the sacrifice?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyA, B and C share profits in the ratio 7:5:4. C retires, and the new profit-sharing ratio of A and B is 2:1. Which partner gains more?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyA, B and C are partners sharing profits in the old ratio of 2:2:1. When C retires, A and B acquire C’s share equally. What will be the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyA, B and C share profits in the ratio 5:3:2. C retires. What is C’s old profit-sharing share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA, B and C share profits in the old ratio of 3:2:1. If C retires, what was C’s old share in the profits?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyWhat are partners called when their share of profit increases after another partner retires?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyA, B and C share profits in the ratio 3:5:2. C retires, and the new profit-sharing ratio of A and B is fixed at 1:2. What is B’s gain?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert AccountancyA, B and C share profits in the ratio 3:1:6. C retires, and the new profit-sharing ratio of A and B is 2:1. What will be the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert AccountancyA, B, C and D share profits in the ratio 2:5:1:2. B retires, and A, C and D acquire B’s share in the ratio 2:2:1. What will be the new profit-sharing ratio?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert AccountancyA, B, C and D share profits in the ratio 2:5:1:2. B retires, and A, C and D acquire B’s share in the ratio 2:2:1. What will be A’s new profit-sharing fraction?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert AccountancyA, B and C share profits and losses in the ratio 3:5:2. C retires, and the new ratio of A and B becomes 2:3. What is the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert