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Class 12 · Accountancy · Easy
→The amount of ₹1,20,000 payable as the deceased partner’s share is treated as whose liability?
Class 12 · Accountancy · Easy
→If a deceased partner’s capital is ₹60,000 and their share of profit up to the date of death is ₹4,000, with no other adjustments, what total amount will be due to the partner’s account?
Class 12 · Accountancy · Easy
→In the reconstitution of a partnership firm, after which event is the deceased partner’s share determined?
Class 12 · Accountancy · Easy
→To whom is the deceased partner’s share usually paid?
Class 12 · Accountancy · Expert
→A retiring partner’s loan account has a balance of ₹3,20,000. If 10% interest for one year is added to this balance, what will be the new balance of the loan account?
Class 12 · Accountancy · Expert
→What will be the interest for one year on ₹2,64,000 in a partner’s loan account at the rate of 6% per annum?
Class 12 · Accountancy · Expert
→What will be the interest for one year on ₹1,52,000 in a partner’s loan account at an annual rate of 7.5%?
Class 12 · Accountancy · Expert
→What will be the one-year interest on a partner’s loan account balance of ₹1,24,000 at an annual rate of 14%?
Class 12 · Accountancy · Expert
→After reconstitution, what will be the interest for one year on a principal amount of ₹216000 in a partner’s loan account at 7.25% per annum?
Class 12 · Accountancy · Expert
→What will be the interest for one year on the retired partner’s loan of ₹2,75,000 at 4.8% per annum?
Class 12 · Accountancy · Expert
→A retired partner’s loan account has a balance of ₹1,25,000. Calculate the annual interest at 9.6% for one year.
Class 12 · Accountancy · Expert
→What will be the annual interest on ₹3,50,000 in a partner’s loan account at 3.5% per annum?
Class 12 · Accountancy · Expert
→A partner’s loan account carries interest at 4.25% per annum on ₹4,00,000. What will be the interest for one year?
Class 12 · Accountancy · Expert
→What will be the interest for one year on ₹1,32,000 in a partner’s loan account at an annual rate of 5.5%?
Class 12 · Accountancy · Expert
→What amount of interest is payable on a partner’s loan of ₹2,25,000 at 8% per annum for 9 months?
Class 12 · Accountancy · Expert
→What will be the interest for one year on a partner’s loan account of ₹75,000 at 12% per annum?
Class 12 · Accountancy · Expert
→After reconstitution, a Partner’s Loan Account carries a balance of ₹60,000 on which interest is payable at 15% per annum. What will be the interest for one year?
Class 12 · Accountancy · Expert
→A partner’s loan account has a balance of ₹1,10,000. If the annual interest rate is 4%, what will be the interest for one year?
Class 12 · Accountancy · Expert
→When the amount due to a retiring partner is not paid immediately, in which situation is the partner’s capital account closed and the balance transferred to the partner’s loan account?
Class 12 · Accountancy · Expert
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