Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects

RELATED QUESTIONS

Retirement Of Partner

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

AccountancyAn amount of ₹1,50,000 due to a retiring partner is transferred to the partner’s loan account. Which entry will appear in the retiring partner’s loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyUnder which broad heading is the partner’s loan account shown in the firm’s balance sheet?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyThe balance in a partner’s loan account is ₹80,000. If the annual interest rate on this loan is 6%, what will be the interest for one year?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen the amount due to a retiring partner is transferred to the partner’s loan account instead of being paid in cash, what is the effect on the firm?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyTo which account is the interest payable on a retiring partner’s loan debited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyIf the partnership deed is silent, at what rate is interest payable on a loan given by a partner to the firm?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyA partner’s Loan Account had an opening credit balance of ₹4,20,000. During the year, ₹1,50,000 was paid. Interest of ₹10,800 is due for 6 months at 8% per annum on the balance remaining after payment. What will be the closing balance of the Loan Account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyAfter a partner retires, the amount due to him is transferred to the Partner’s Loan Account. Evaluate the following statement in this context: “The retiring partner’s Loan Account is a liability of the firm, and interest payable on it is a charge against profit.”Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyA payment made by bank to a retiring partner against the partner’s loan account was not recorded in the books. How will this error affect the balance of the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyThe loan account of a retiring partner is treated as which type of account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyAt the time of a partner’s retirement or death, if interest on the partner’s loan is due but has not yet been paid, what entry will be made in the partner’s Loan Account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyA partner’s Loan Account has an opening credit balance of ₹2,25,000. Interest of ₹13,500 is credited to the account, and ₹70,000 is paid. What will be the final credit balance of the Loan Account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyIf interest due is omitted from the credit of a partner’s loan account, what will be the effect on the final loan balance?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyThe retiring partner’s loan account has an outstanding balance of ₹2,50,000. After adding 5% interest, a payment of ₹60,000 is made. What amount will remain in the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyThe opening balance of a partner’s loan account is ₹3,00,000. Interest of ₹18,000 is credited to the account, and ₹1,00,000 is paid. What will be the closing loan balance?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhat is the accounting effect when the firm pays the amount due in a retiring partner’s loan account through the bank?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyIf interest payable on a partner’s loan is not credited to the partner’s loan account, what will be the effect on the final loan balance?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhat does zero balance of retiring partner loan account show?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhat is the effect on the firm when payment is made against a retiring or deceased partner’s loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyThe retiring partner's loan account has a balance of ₹2,20,000. If an installment of ₹90,000 is paid and there is no interest, what amount will remain in the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMedium

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.