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RELATED QUESTIONS

Time Apportionment

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

AccountancyIf the deceased partner’s estimated annual share of profit, based on the previous year, is ₹7,68,000 and he dies 10 months after the beginning of the accounting year, what will be his time-apportioned share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner dies 7 months after the beginning of the accounting year. If the firm’s estimated annual profit is ₹3,24,000 and profit is assumed to accrue evenly throughout the year, what is the time-apportioned profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the annual profit of a partnership firm is ₹9,24,000, what will be the time-apportioned share of profit for the 6 months up to the partner’s death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyTo determine the deceased partner’s share of profit up to the date of death, what is the 8-month portion of the annual profit of ₹11,52,000?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyFor calculating a deceased partner’s share of profit, if the firm’s annual profit is ₹15,00,000 and the partner dies 3 months after the beginning of the financial year, what is the time-apportioned share of the firm’s profit up to the date of death? Assume that profit accrues evenly throughout the year.Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyUnder the time-basis method, which factor is directly used to calculate the deceased partner’s share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the previous year's annual profit was ₹7,20,000 and profit accrues evenly throughout the year, what will be the estimated profit up to the date of a partner's death after 7 months?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the firm’s estimated annual profit is ₹6,00,000 and a partner dies 4 months into the financial year, what will be the firm’s estimated profit up to the date of death? Assume that profit is earned uniformly throughout the year.Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA has an annual salary of Rs 24,000 and remained a partner for nine months. What salary will be allowed in profit distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyFor first four months ratio was one to two and for next eight months ratio was three to two. Annual profit one lakh eighty thousand rupees accrued evenly. What is correct total profit of A?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyA B share profit in ratio three to two. For first eight months old ratio was one to one and for last four months new ratio was three to two. Annual profit one lakh twenty thousand rupees is assumed earned evenly. What is B total share?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyIf profit ratio changes during the year and the question says profit accrued evenly throughout the year what is the best method?Class 12Partnership Accounts - Basic ConceptsProfit DistributionHard AccountancyThe deed gives a monthly salary but the partner joined during the year. How should the correct salary be calculated?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard