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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।

AccountancyWhy are sales made after the partner’s death not included while estimating the deceased partner’s profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the death of a partner, if no other adjustments are required, his Capital Account shows ₹73000, his share of Revaluation Profit is ₹7000, and his share of the Reserve Fund is ₹20000. What will be the total amount payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyThe deceased partner’s share of goodwill is considered compensation for which right?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyA deceased partner’s total claim is ₹1,42,000, and the partner’s drawings amount to ₹12,000. What will be the net claim after adjusting the drawings?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn a partner’s death, to whom is the amount due after adjustments in the Capital Account, Profit and Loss Adjustment Account, and other relevant accounts paid?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIf a deceased partner’s capital is ₹94,000 and the goodwill attributable to the partner is ₹16,000, what will be the partner’s total claim, assuming there are no other adjustments?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the death of a partner, how is the deceased partner’s share of accumulated loss recorded in his account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyExcluding other adjustments, if the deceased partner’s capital is ₹89,000 and their share of accumulated profits is ₹11,000, what is the total amount payable to the deceased partner’s successor?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard 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 AccountancyA firm earns an annual profit of ₹16,20,000. If a partner dies after 4 months of the financial year, what profit is attributable up to the date of death on a time basis?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe correct determination of a deceased partner’s share of profit up to the date of death primarily helps in settling whose claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy are the average profits of previous years used to estimate the current year’s profit while determining a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyWhy is a deceased partner’s share of profit calculated only up to the date of death and not for the future period?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA deceased partner’s share of the annual profit is ₹6,96,000. What estimated share of profit will be calculated for the 5 months up to the date of retirement or death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyAfter determining the deceased partner’s share of profit up to the date of death, to which account is the amount ultimately transferred?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner dies after 11 months of the accounting year. If his share in the annual profit is ₹5,04,000, 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 partnership deed is silent, which method is generally used to estimate 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 partner dies after 9 months of the financial year. If the profit of the previous year was ₹14,40,000 and profit is earned uniformly throughout the year, what amount of profit will be considered as the deceased partner’s share up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyAccounting for a deceased partner’s share of profit accrued up to the date of death reflects which principle?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner died after completing 8 months of the financial year. If the firm's estimated annual profit is ₹3,72,000 and profit accrues evenly throughout the year, what is the deceased partner's proportionate share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert