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Class 12 · Accountancy

If a deceased partner’s capital is ₹87,000 and their share of goodwill is ₹13,000, and there are no other adjustments, what will be the total claim credited to the deceased partner’s account?

Class 12 · Accountancy

A deceased partner’s total claim before adjustments is ₹174000. After deducting a revaluation loss of ₹14000 and drawings of ₹10000, what will be the net claim payable to the partner’s heirs?

Class 12 · Accountancy

Why are drawings deducted from the deceased partner’s claim?

Class 12 · Accountancy

A deceased partner has ₹1,14,000 standing to the credit of the capital account, and the value of the partner’s share in goodwill is ₹6,000. Assuming there are no other adjustments, what total amount is payable to the partner’s legal representative?

Class 12 · Accountancy

If the deceased partner’s total claim is ₹1,62,000 and drawings amount to ₹22,000, what will be the net claim after deducting the drawings?

Class 12 · Accountancy

In the books of a partnership firm, how is the amount due to a deceased partner shown until it is paid?

Class 12 · Accountancy

In a partnership firm, a deceased partner’s capital is ₹74,000 and their share of the reserve fund is ₹26,000. Excluding other adjustments, what will be the deceased partner’s total claim?

Class 12 · Accountancy

Why is a deceased partner not given a share of profits earned after the date of death?

Class 12 · Accountancy

The total claim payable to a deceased partner is ₹1,48,000. If an accumulated loss of ₹8,000 is to be adjusted against it, what will be the revised claim?

Class 12 · Accountancy

What is the fundamental principle in calculating a deceased partner’s share?

Class 12 · Accountancy

A deceased partner is entitled to capital of ₹82,000, a share of profit up to the date of death of ₹8,000, and a share of goodwill of ₹10,000. What is the total amount payable to the deceased partner’s legal representative?

Class 12 · Accountancy

The total claim credited to a deceased partner’s account is ₹1,75,000. If ₹65,000 has already been paid to the partner’s legal heir, what amount remains payable?

Class 12 · Accountancy

A deceased partner’s capital is ₹1,03,000 and his share of goodwill is ₹7,000. If there are no other adjustments, what will be his total claim?

Class 12 · Accountancy

How is the interest accrued on the deceased partner’s capital up to the date of death accounted for?

Class 12 · Accountancy

If the deceased partner’s total claim is ₹1,18,000 and a revaluation loss of ₹8,000 is to be deducted from it, what will be the net claim?

Class 12 · Accountancy

A deceased partner has ₹68,000 in the capital account. His share of revaluation profit is ₹12,000 and his share of the reserve fund is ₹20,000. What will be the deceased partner’s total claim?

Class 12 · Accountancy

Why is the deceased partner credited with a share of goodwill at the time of reconstitution?

Class 12 · Accountancy

A deceased partner’s total claim is ₹1,45,000 and his drawings are ₹15,000. What will be the net claim after deducting the drawings?

Class 12 · Accountancy

To whom is the amount due to the deceased partner paid?

Class 12 · Accountancy

A deceased partner’s account is to be credited with capital of ₹95,000 and ₹5,000 as the partner’s share of goodwill. Assuming there are no other adjustments, what will be the deceased partner’s total claim?