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Class 12 · Accountancy · Easy

On dissolution, which item will be recorded on debit side and not credit side of capital account?

Class 12 · Accountancy · Easy

On dissolution, which item is recorded on the credit side, and not the debit side, of a partner’s capital account?

Class 12 · Accountancy · Easy

If the final capital balance is a credit balance of ₹17,000, what does it indicate?

Class 12 · Accountancy · Easy

If an insolvent partner’s deficiency is ₹8,000 and the solvent partners’ capitals are equal, how much will each solvent partner bear?

Class 12 · Accountancy · Easy

If the partners share in the ratio 3:2 and a fictitious asset of ₹15,000 is written off, how much will the second partner bear?

Class 12 · Accountancy · Easy

If a partner’s capital account has a credit balance of ₹28,000 and the firm has to recover a loan of ₹4,000 from him, what is the net payment to the partner?

Class 12 · Accountancy · Easy

What is the effect on capital when the credit balance of a partner’s current account is transferred to the capital account?

Class 12 · Accountancy · Easy

If a partner’s capital account has a credit balance of ₹26,000 and the partner takes over an asset of ₹4,000, what balance remains before payment?

Class 12 · Accountancy · Easy

If a partner takes over a liability of ₹16,000 and goods worth ₹6,000, what is the net effect on the partner’s capital account?

Class 12 · Accountancy · Easy

If a partner takes over creditors amounting to ₹13,000, what will be recorded in the partner’s capital account?

Class 12 · Accountancy · Easy

Three partners share profits in the ratio 1:2:3, and the reserve is ₹18,000. How much will the third partner receive?

Class 12 · Accountancy · Easy

If A and B share profits and losses in the ratio 2:3 and the firm incurs a realisation loss of ₹25,000, how much loss will A bear?

Class 12 · Accountancy · Easy

If two partners share profits and losses in the ratio 3:1 and the firm earns a realisation profit of ₹24,000, how much will the first partner receive?

Class 12 · Accountancy · Easy

On dissolution, how is the credit balance of the Profit and Loss Account treated?

Class 12 · Accountancy · Medium

If a partner takes over a firm's liability, what is the effect in his capital account?

Class 12 · Accountancy · Easy

Which item increases a partner's capital on dissolution?

Class 11 · Mathematics · Medium

What is the solution of (7\leq x+4<12)?

Class 11 · Mathematics · Medium

If \(x+5<12\) and \(0\leq x\), which integer values of \(x\) are possible?

Class 11 · Mathematics · Medium

What is the solution of the inequality \(3(x-2)>12\)?

Class 12 · Accountancy · Easy

A partner's capital account has a credit balance of ₹18,000 and the realisation profit is ₹6,000. What is the new balance?