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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।

AccountancyThe amount due to a deceased partner but not paid immediately is transferred to which account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA deceased partner’s capital is ₹40,000 and their share of goodwill is ₹5,000. What total amount is payable to the partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyIn the reconstitution of a partnership, to which account is the deceased partner’s share of the reserve fund credited?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyTo whom is the deceased partner’s share of profit earned up to the date of death payable?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyHow is the deceased partner’s share of goodwill accounted for?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhile determining the amount due to a deceased partner, in which amount is the balance of the partner’s Capital Account included?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhy is the amount due to a deceased partner paid to the legal representative?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyThe total amount payable to a deceased partner is ₹125000. If ₹25000 has already been paid, how much amount is still payable?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyIf the amount due to a deceased partner is not paid immediately, what is its nature for the firm?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyIf the total amount due to a deceased partner is ₹95,000 and a revaluation loss of ₹5,000 is to be deducted, what will be the net amount due?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhy may interest on a deceased partner’s capital up to the date of death be credited to the partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyIf a deceased partner’s capital is ₹55,000 and their share of accumulated profits is ₹5,000, what is the total amount due to the partner’s estate?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhy is accuracy necessary when calculating a deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIn a partnership firm, goodwill is valued at ₹72,000. If the deceased partner’s share in the profit-sharing ratio is 1/4, what amount represents the deceased partner’s share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA deceased partner’s share in profit is \(1/9\). If the firm’s profit is ₹90,000, what will be the deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the time ratio useful for estimating 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 partnership firm has a reserve of ₹36,000. If the deceased partner’s share in the profit-sharing ratio is 1/6, what amount of the reserve will be credited to the deceased partner’s Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyFor what period is a deceased partner’s share of the profit for the year of death calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf profit is earned uniformly throughout the accounting year and the annual profit is ₹2,16,000, what will be the time-based profit when death occurs 10 months after the beginning of the accounting year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyThe profit earned up to a partner’s date of death is ₹48,000, and the deceased partner’s profit-sharing ratio is 3/8. What amount is due as the deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium