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Class 12 · Accountancy · Easy

A and B share profit in the ratio 3:5. If the remaining profit is ₹64,000, what is A's share?

Class 12 · Accountancy · Easy

What is the effect of creating reserve in partners profit distribution?

Class 12 · Accountancy · Easy

If interest on capital is ₹8,000 and profit is ₹45,000, what profit remains after providing interest?

Class 12 · Accountancy · Easy

If A, B and C share profits in the ratio 1:2:3 and the total profit is ₹60,000, what is C's share?

Class 12 · Accountancy · Medium

If profit distribution ratio is clear but capital ratio is different which ratio is used for residual profit?

Class 12 · Accountancy · Medium

Total interest on capital claim is Rs 20000 and available profit is Rs 16000. A and B have equal claims. How much will A receive?

Class 12 · Accountancy · Medium

If interest on capital is allowed but the firm's profit is insufficient, what is generally done?

Class 12 · Accountancy · Medium

If salary is to be given first and then remaining profit is shared what is the correct order of calculation?

Class 12 · Accountancy · Medium

Total profit is Rs 90000. Ratio of A : B : C is 2 : 2 : 1. What is C's normal share?

Class 12 · Accountancy · Medium

If minimum profit is guaranteed by the firm what will the deficiency affect?

Class 12 · Accountancy · Medium

If partner A has guaranteed a minimum profit to partner B and there is a deficiency in profit, from which source will the deficiency be met?

Class 12 · Accountancy · Medium

Net profit is Rs 90000 and A gets salary of Rs 15000. Remaining profit is shared equally by A and B. What is A's total share?

Class 12 · Accountancy · Medium

Which profit is taken first for profit distribution?

Class 12 · Accountancy · Medium

Where is partner salary shown before distributing profit?

Class 12 · Accountancy · Medium

Net profit is Rs 75000 and three partners share profit equally. What will each partner get?

Class 12 · Accountancy · Medium

The net profit is ₹60,000 and A and B share profits in the ratio 2:1. What is A's share?

Class 12 · Accountancy · Medium

What is the main purpose of Profit and Loss Appropriation Account?

Class 12 · Accountancy · Easy

If the partnership deed does not provide a profit-sharing ratio, how will profit be distributed?

Class 12 · Accountancy · Easy

Does inequality of capital automatically change the profit-sharing ratio in profit distribution?

Class 12 · Accountancy · Easy

A and B share profit in the ratio 5:3. If total profit is ₹80,000, what is A's share?