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Reconstitution

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

AccountancyWhen a partner dies, who generally claims the amount due in respect of the deceased partner’s capital account, current account and share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyUp to the date of death, the firm’s profit is ₹1,50,000 and the deceased partner’s share in the profit is 10%. What will be the deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich of the following is an intangible asset whose value may be adjusted while calculating the deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyAssuming that profit is earned uniformly throughout the year, what is the estimated profit up to the date of the partner’s death after 8 months, based on the previous year’s profit of ₹1,08,000?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy are profits earned up to the date of a partner’s death included when calculating the deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is a deceased partner not entitled to profits earned by the firm in the future?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich account is opened if payment of the deceased partner's dues is deferred?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyOn the death of a partner, which of the following items is deducted while determining the amount due to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyTo which account is the deceased partner’s share of profit earned up to the date of death credited?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA deceased partner’s Capital Account has a credit balance of ₹35,000 and the Reserve Fund amounts to ₹5,000. Based on these two items, what is the total amount due to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhy are profits earned after the date of death generally not included in the deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyIn a partnership firm, how does the deceased partner’s share of accumulated loss affect the amount payable to the executor?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyIf the total amount due to a deceased partner is ₹90,000 and his drawings are ₹5,000, what will be the net amount payable after deducting the drawings?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyAt the time of reconstitution, to which account is the deceased partner’s share of accumulated profits credited?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 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 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 AccountancyWhat is the primary role of a deceased partner’s legal heir in the final settlement?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen a partner dies, what is the effect of crediting his share of goodwill to his 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