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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।

AccountancyOn a partner’s death, what is the amount called that is obtained by adding capital, goodwill, accumulated profits and the share of profit up to the date of death, and deducting drawings and losses due from the partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the profit for the period after death not included in the deceased partner’s share of profit calculation?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA firm’s goodwill is valued at ₹1,20,000. If the deceased partner’s share in goodwill is \(1/6\), what is the value of his share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhat should be determined first when calculating a deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich of the following is an example of an item credited to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWho generally claims the amount due to a deceased partner from the firm?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf a partner dies after completing 9 months of the accounting year, what fraction of the annual profit will be considered for calculating the partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhat is the basis for including the firm's share of goodwill while calculating a deceased partner's due?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the reserve is distributed among the partners in their profit-sharing ratio, how much will be transferred to the deceased partner’s account when the reserve is ₹24,000 and his share is 1/4?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the old profit-sharing ratio used to calculate a deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the annual profit is ₹2,40,000 and a partner dies 3 months after the beginning of the year, what will be the time-based profit assuming profit accrues evenly?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen is the deceased partner’s share of the Investment Fluctuation Reserve transferred to their capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich ratio is used to determine a deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the time period important when calculating a deceased partner’s share of profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhen a partner dies, how is the deceased partner’s share of undistributed profits treated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA and B share profits in the ratio 3:2. What was A’s share in the firm’s profits before his death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the amount due to a deceased partner is not paid immediately, why is a loan account opened in the partner’s name?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf a partner dies in the middle of an accounting year, on what basis is the deceased partner’s estimated share of profit up to the date of death generally calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the deceased partner’s share of the firm’s goodwill credited to his Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhat is the main objective of calculating a deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy