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Class 12 · Accountancy
→If the annual profit of a partnership firm is ₹9,24,000, what will be the time-apportioned share of profit for the 6 months up to the partner’s death?
Class 12 · Accountancy
→Why is a deceased partner’s share of profit calculated only up to the date of death and not for the future period?
Class 12 · Accountancy
→A deceased partner’s share of the annual profit is ₹6,96,000. What estimated share of profit will be calculated for the 5 months up to the date of retirement or death?
Class 12 · Accountancy
→After determining the deceased partner’s share of profit up to the date of death, to which account is the amount ultimately transferred?
Class 12 · Accountancy
→A partner dies after 11 months of the accounting year. If his share in the annual profit is ₹5,04,000, what will be his share of profit up to the date of death?
Class 12 · Accountancy
→If the partnership deed is silent, which method is generally used to estimate the deceased partner’s share of profit up to the date of death?
Class 12 · Accountancy
→A partner dies after 9 months of the financial year. If the profit of the previous year was ₹14,40,000 and profit is earned uniformly throughout the year, what amount of profit will be considered as the deceased partner’s share up to the date of death?
Class 12 · Accountancy
→Accounting for a deceased partner’s share of profit accrued up to the date of death reflects which principle?
Class 12 · Accountancy
→A partner died after completing 8 months of the financial year. If the firm's estimated annual profit is ₹3,72,000 and profit accrues evenly throughout the year, what is the deceased partner's proportionate share of profit up to the date of death?
Class 12 · Accountancy
→In which situation is a deceased partner’s share of profit up to the date of death determined?
Class 12 · Accountancy
→If a deceased partner’s estimated annual share of profit is ₹8,64,000, what will be the share of profit for the first 10 months of the accounting year?
Class 12 · Accountancy
→Why is the date of death important when calculating a deceased partner’s share of profit up to the date of death?
Class 12 · Accountancy
→A deceased partner’s estimated annual share of profit is ₹2,04,000. What will be the partner’s share of profit for the 5 months up to the date of death?
Class 12 · Accountancy
→Why is a time ratio necessary for calculating the deceased partner’s share of profit up to the date of death?
Class 12 · Accountancy
→The firm’s annual profit is ₹18,00,000, earned uniformly throughout the year. What is the estimated profit for the 2 months up to the partner’s death?
Class 12 · Accountancy
→When the deceased partner’s share of profit up to the date of death is credited to the partner’s capital/current account, what is the effect on the account’s credit balance?
Class 12 · Accountancy
→If the firm’s estimated annual profit is ₹4,68,000, what will be the deceased partner’s time-proportionate share of profit for the 7 months up to the date of death?
Class 12 · Accountancy
→The deceased partner’s share of profit earned up to the date of death forms part of whose rights?
Class 12 · Accountancy
→To determine the deceased partner’s share of profit up to the date of death, what is the 8-month portion of the annual profit of ₹11,52,000?
Class 12 · Accountancy
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