Skip to content

Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

RELATED QUESTIONS

Reconstitution Retirement Or Death Of A Partner

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

AccountancyAssertion (A): Subject to the partnership agreement, the deceased partner’s account is credited with his share of the profit earned from the beginning of the current accounting year up to the date of death.\nReason (R): He was a partner up to the date of death, and his right to the profit of that period arises from the partnership agreement.Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the firm’s annual average profit is ₹7,80,000 and a partner dies 5 months into the year, what is the estimated share of profit up to the date of death? Assume the partner’s profit-sharing ratio is 1.Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyUnder the time-basis method, which factor is directly used to calculate the deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the estimated annual profit attributable to the deceased partner is ₹4,20,000 and he dies after 9 months of the financial year, what will be his share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhat is the main objective of estimating a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhat is the effect of adding the deceased partner’s share of profit earned up to the date of death to his account?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 AccountancyIn calculating the deceased partner’s share of profit, what period is meant by “up to the date”?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe profit up to a partner’s date of death is to be estimated on the basis of the previous year’s profit of ₹5,40,000 for a period of 8 months. What will be the estimated profit for this period?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 AccountancyAssuming that the deceased partner’s profit-sharing ratio is 1/1, if the annual profit is ₹8,40,000 and he dies 1 month after the beginning of the accounting year, what will be his share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the deceased partner’s estimated profit share for the full year is ₹2,64,000 and the partner dies 11 months after the beginning of the financial year, what will be the profit share up to the date of death? Assume that profit accrues evenly throughout the year.Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe firm’s average annual profit is ₹3,00,000. If a partner dies after 10 months of the accounting year, what will be the estimated profit of the firm up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyAccounting for the deceased partner’s share of profit earned up to the date of death mainly applies which principle?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the previous year's annual profit was ₹7,20,000 and profit accrues evenly throughout the year, what will be the estimated profit up to the date of a partner's death after 7 months?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 AccountancyIf the firm’s estimated annual profit is ₹6,00,000 and a partner dies 4 months into the financial year, what will be the firm’s estimated profit up to the date of death? Assume that profit is earned uniformly throughout the year.Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhat is the effect of crediting the deceased partner’s share of profit earned up to the date of death to the partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the deceased partner’s estimated annual share of profit is ₹96,000 and death occurred 6 months after the beginning of the financial year, what amount of profit will be credited to the deceased partner up to the date of death? Assume that profit is earned evenly throughout the year.Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyOn what basis is a deceased partner’s share of profit up to the date of death generally estimated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert