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Class 12 · Accountancy
→A deceased partner’s capital is ₹86,000, his share of profit up to the date of death is ₹4,000, and his share of goodwill is ₹10,000. What will be the total amount payable to his account?
Class 12 · Accountancy
→Why is the deceased partner’s share of the reserve fund credited to the deceased partner’s account?
Class 12 · Accountancy
→The total claim payable to a deceased partner is ₹180000. If ₹70000 has already been paid, what amount remains payable?
Class 12 · Accountancy
→Why is the deceased partner’s share of revaluation loss deducted from the amount due to the deceased partner’s estate?
Class 12 · Accountancy
→A deceased partner’s capital is ₹1,01,000 and the goodwill attributable to the partner’s share is ₹9,000. Assuming there are no other adjustments, what will be the amount of the deceased partner’s total claim?
Class 12 · Accountancy
→If interest is payable according to the partnership deed, how is the interest accrued on the deceased partner’s capital up to the date of death treated in the amount due to the partner?
Class 12 · Accountancy
→A deceased partner’s total claim before adjustment is ₹1,21,000. If the revaluation loss is ₹11,000, what will be the net claim payable to the deceased partner?
Class 12 · Accountancy
→Why are sales made after the partner’s death not included while estimating the deceased partner’s profit up to the date of death?
Class 12 · Accountancy
→On the death of a partner, if no other adjustments are required, his Capital Account shows ₹73000, his share of Revaluation Profit is ₹7000, and his share of the Reserve Fund is ₹20000. What will be the total amount payable to the deceased partner?
Class 12 · Accountancy
→The deceased partner’s share of goodwill is considered compensation for which right?
Class 12 · Accountancy
→A deceased partner’s total claim is ₹1,42,000, and the partner’s drawings amount to ₹12,000. What will be the net claim after adjusting the drawings?
Class 12 · Accountancy
→On a partner’s death, to whom is the amount due after adjustments in the Capital Account, Profit and Loss Adjustment Account, and other relevant accounts paid?
Class 12 · Accountancy
→If a deceased partner’s capital is ₹94,000 and the goodwill attributable to the partner is ₹16,000, what will be the partner’s total claim, assuming there are no other adjustments?
Class 12 · Accountancy
→On the death of a partner, how is the deceased partner’s share of accumulated loss recorded in his account?
Class 12 · Accountancy
→Excluding other adjustments, if the deceased partner’s capital is ₹89,000 and their share of accumulated profits is ₹11,000, what is the total amount payable to the deceased partner’s successor?
Class 12 · Accountancy
→When a partner dies, which rule is applied to calculate the partner’s share of profit?
Class 12 · Accountancy
→A firm earns an annual profit of ₹16,20,000. If a partner dies after 4 months of the financial year, what profit is attributable up to the date of death on a time basis?
Class 12 · Accountancy
→The correct determination of a deceased partner’s share of profit up to the date of death primarily helps in settling whose claim?
Class 12 · Accountancy
→If the deceased partner’s annual share of profit is ₹12,96,000, what will be the share of profit for 7 months up to the date of death?
Class 12 · Accountancy
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