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Reserve

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

AccountancyThe deed states that first a 25% reserve must be created and then B is given 10% commission on the remaining profit. Total profit = Rs 280,000. What is B's commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyReserve of twenty five thousand rupees should have been debited but was credited. What is the total error effect on distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyNet profit is two lakh rupees. Interest on drawings is ten thousand rupees interest on capital is fifty thousand rupees and reserve is twenty thousand rupees. A B ratio is three to four. What is A share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyReserve Rs 25000 was wrongly credited to appropriation account though it should be debited. By how much will distributable profit be overstated?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyNet profit is Rs 160,000. Reserve is 10% of profit, and A's commission is 5% on the profit remaining after the reserve is set aside. What is A's commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyReserve was credited in appropriation account though it should have been debited. Reserve amount is ten thousand rupees. What is total error effect on distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyNet profit is ninety thousand rupees. Interest on drawings is six thousand rupees. A salary is twenty four thousand rupees and reserve is twelve thousand rupees. Profit ratio is two to one. What is B share of remaining profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA B profit ratio is three to five. Net profit is sixty four thousand rupees. Interest on drawings is four thousand rupees and reserve is eight thousand rupees. What is B profit share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf reserve was to be debited in appropriation account but was directly debited to partners capital accounts what is the main error?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyThe deed says first create reserve of twenty thousand rupees then A gets ten percent commission on the remaining profit. Profit before reserve is one lakh twenty thousand rupees. What is A commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyThe deed requires ten percent of profit to be transferred to reserve and the base is profit before appropriations. Net profit is one lakh fifty thousand rupees and interest on drawings is ten thousand rupees. What is reserve amount?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf deed requires ten percent reserve and then equal sharing of remaining profit. In profit of Rs 200000 how much will each of two partners receive?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyTotal profit is Rs 1,20,000. A reserve of Rs 24,000 is created first. The remaining profit is to be shared between A and B in the ratio 1:2. What is B's share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf the deed says that profit should first be transferred to reserve and then distributed among partners, what is the first step?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMedium AccountancyWhat is the immediate effect of creating a reserve on the profit share distributed to partners?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf total profit is ₹80,000 and the reserve fund is ₹16,000, what is the distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIn partnership profit distribution, if \(15\%\) of profit is transferred to reserve and the profit is \(\text{Rs }40000\), then what is the amount transferred to reserve?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf profit is one lakh rupees and ten percent is transferred to reserve what is distributable profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyWhat is the effect of creating reserve in partners profit distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyIf both reserve and salary are given in profit distribution what is the first care in exams?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium