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Settlement

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

AccountancyWhat is the correct simple conclusion about a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhat does transferring the amount due to the retiring partner into a loan account show?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyA retiring partner's loan account is most closely related to which stage?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyA retiring partner's loan account is related to which type of settlement?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyAfter crediting interest in the retiring partner's loan account, payment is made. How is the payment amount determined?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyIf the closing balance of the loan account is zero, what does it mean?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyIf goodwill amount is not paid immediately in cash what can be done for the retiring partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyIn final settlement of a retiring partner which item may be added separately besides goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyWhy is goodwill share added in final settlement of a deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyWhat is the main purpose of goodwill adjustment on retirement?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyWhen is goodwill settlement done on the death of a partner?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasyAccountancyThe deed provides a settlement procedure if a partner becomes insolvent. Which risk does this reduce?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpertAccountancyThe deed says that on death of a partner goodwill will be twice the average profit of three years. For what is this information needed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpertAccountancyThe deed states a notice period for retirement of partners. Why is this provision included?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpertAccountancyIf the deed gives the method to calculate amount payable to heirs of a deceased partner, what is its purpose?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpertAccountancyA deed clause for settlement on death protects whose interest?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMediumAccountancyWhat is the main reason for recording the retirement procedure of a partner in the partnership deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMediumAccountancyWhy is a settlement-on-death clause necessary in a partnership deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMediumAccountancyWhy is a retirement clause included in a partnership deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedMediumAccountancyWhy is the dissolution condition written in a partnership deed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy

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