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Class 12 · Accountancy
→What is the primary objective when finally determining a deceased partner’s share in the partnership accounts?
Class 12 · Accountancy
→In a firm, a deceased partner’s capital is ₹84,000. A share of profit of ₹6,000 and a reserve fund of ₹10,000 are also due to the partner’s account. What will be the total amount of the deceased partner’s claim?
Class 12 · Accountancy
→In calculating a deceased partner’s claim, how is the reserve fund treated?
Class 12 · Accountancy
→If the total amount payable to a deceased partner is ₹145,000 and an accumulated loss of ₹15,000 is to be adjusted against it, what will be the revised claim, ignoring other adjustments?
Class 12 · Accountancy
→On what basis is the deceased partner’s share of the profit arising from revaluation at the date of death added?
Class 12 · Accountancy
→If the deceased partner’s capital account shows ₹67,000 and their share of goodwill is ₹13,000, what will be the deceased partner’s total claim, assuming there are no other adjustments?
Class 12 · Accountancy
→Why is the amount due to a deceased partner from the capital account transferred to a loan account?
Class 12 · Accountancy
→A total amount of ₹1,28,000 is due to a deceased partner. If the partner’s drawings are ₹8,000, what will be the net claim?
Class 12 · Accountancy
→Which of the following items is never added to the deceased partner’s share?
Class 12 · Accountancy
→If a deceased partner’s capital is ₹1,10,000, accumulated profits are ₹15,000, and drawings are ₹5,000, what will be the deceased partner’s net claim, excluding other adjustments?
Class 12 · Accountancy
→Why is the deceased partner’s share of undistributed profit added to their account?
Class 12 · Accountancy
→The total amount payable to a deceased partner’s executor is ₹1,75,000. If ₹25,000 has already been paid in advance, what amount remains payable?
Class 12 · Accountancy
→Until the deceased partner’s claim is fully paid, what is the status of the legal representative in relation to the firm?
Class 12 · Accountancy
→On the death of a partner, if the partner’s capital account shows ₹72,000 and the partner’s share of the reserve fund is ₹18,000, with no other adjustments, what will be the deceased partner’s total claim?
Class 12 · Accountancy
→On the death of a partner, the total claim is ₹1,32,000 and the revaluation loss is ₹7,000. What net amount will be payable to the deceased partner’s successor after adjusting the loss?
Class 12 · Accountancy
→What is the significance of the date of death when determining a deceased partner’s share?
Class 12 · Accountancy
→On the death of a partner, if the partner’s Capital Account shows ₹82,000, the partner’s share of goodwill is ₹10,000, and drawings are ₹2,000, with no other adjustments, what will be the net claim payable to the deceased partner’s legal representative?
Class 12 · Accountancy
→At the time of reconstitution, how does the deceased partner’s share of accumulated loss affect the amount due to them?
Class 12 · Accountancy
→If a deceased partner’s capital is ₹96,000 and their share of the revaluation profit is ₹14,000, what will be the executor’s total claim based on these two items?
Class 12 · Accountancy
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