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Time Proportion

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

AccountancyAccording to the partnership agreement, the deceased partner’s estimated annual share of profit is ₹18,24,000. If the partner died after 7 months of the accounting year, what amount of profit share is due up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner’s normal annual share of profit is ₹12,48,000. The partner dies 4 months after the beginning of the financial year. What amount of profit share is payable up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyThe deceased partner’s estimated annual share of profit, based on the previous year, is ₹9,84,000. If he died 6 months after the beginning of the financial year and profit is assumed to accrue evenly throughout the year, what amount of profit is credited to him up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the deceased partner’s estimated annual share of profit is ₹4,56,000, what will be the share of profit for the 11 months up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyFor calculating the deceased partner’s share of profit, if the firm’s estimated annual profit is ₹12,00,000 and the partner dies 2 months after the beginning of the financial year, what will be the firm’s estimated profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner dies after 11 months of the accounting year. If his share in the annual profit is ₹5,04,000, what will be his share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf a deceased partner’s estimated annual share of profit is ₹8,64,000, what will be the share of profit for the first 10 months of the accounting year?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the firm’s estimated annual profit is ₹4,68,000, what will be the deceased partner’s time-proportionate share of profit for the 7 months up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the deceased partner’s estimated annual share of profit is ₹10,08,000, what amount of profit share should be accounted for the 5 months up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA partner dies after 7 months of the financial year. If the profit for the previous year was ₹6,24,000, what is the estimated profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyBased on the previous year’s profit, the deceased partner’s estimated annual share of profit was ₹3,24,000. If the partner dies after 5 months of the accounting year, what will be the share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyIf the estimated annual profit attributable to the deceased partner is ₹4,20,000 and he dies after 9 months of the financial year, what will be his share of profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyA firm’s average annual profit is ₹9,60,000. A partner having a 1/4 profit-sharing ratio dies after 3 months of the year. Under the average profit method, what will be 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 deceased partner’s estimated profit share for the full year is ₹2,64,000 and the partner dies 11 months after the beginning of the financial year, what will be the profit share 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 AccountancyThe profit of the previous accounting year was ₹84,000. A partner died 9 months after the beginning of the current accounting year. Based on the previous year’s profit, what is the estimated profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA partner dies after completing 8 months of the financial year. If the annual profit is ₹1,80,000, what will be the profit apportioned up to the date of death on a time basis?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the previous year’s profit was ₹1,20,000 and the partner died 6 months into the current year, what will be the estimated profit up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA and B share profits in the ratio \(2:1\). A is entitled to an annual salary of ₹24,000. A became a partner on \(1\) July, and the accounting year ends on \(31\) March. How much salary will A receive for that year?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA introduced capital of ₹1,20,000 on 1 April and additional capital of ₹30,000 on 1 January of the same accounting year. Interest on capital is allowed at 10% per annum, and the accounting year ends on 31 March. What is the total interest on capital?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA's monthly salary is Rs 7500 and he was a partner for only eight months in the year. If the salary is time-proportionate, what total salary should be credited to A?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium