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Class 12 · Accountancy
→Which item directly reduces the amount payable to a deceased partner?
Class 12 · Accountancy
→If a deceased partner’s account is to be credited with capital of ₹54,000, his share of goodwill of ₹6,000, and his share of profit up to the date of death of ₹4,000, what total amount should be credited to his account?
Class 12 · Accountancy
→After a partner’s death, up to what point may interest be added to the deceased partner’s account?
Class 12 · Accountancy
→The total claim payable to a deceased partner is ₹1,50,000. Later, additional drawings of ₹10,000 by the partner are discovered. What will be the revised claim after adjusting these drawings?
Class 12 · Accountancy
→While calculating the amount payable to a deceased partner, which of the following items is included as an entitlement already earned by that partner?
Class 12 · Accountancy
→A deceased partner’s capital is ₹88,000 and his share of accumulated profits is ₹12,000. Assuming there are no other adjustments, what will be the total claim of the deceased partner’s heirs?
Class 12 · Accountancy
→Until it is paid, what is the nature of the amount due to the deceased partner from the firm?
Class 12 · Accountancy
→The total claim payable to a deceased partner is ₹98,000. What will be the net amount payable after deducting a revaluation loss of ₹8,000?
Class 12 · Accountancy
→Why is the deceased partner’s share of the reserve fund added to the amount due to them?
Class 12 · Accountancy
→A deceased partner has ₹75,000 credited to the Capital Account and a share of profit up to the date of death amounting to ₹12,500. Ignoring other adjustments, what total amount is payable to the deceased partner?
Class 12 · Accountancy
→On a partner’s death, to whom is the amount due for the partner’s capital, current account, goodwill and share of profit up to the date of death ultimately payable?
Class 12 · Accountancy
→On the death of a partner, if the balance of the partner’s Capital Account is ₹1,00,000, the goodwill adjustment is ₹20,000, and drawings are ₹5,000, what will be the net amount payable to the deceased partner?
Class 12 · Accountancy
→At the time of reconstitution, how will the deceased partner’s share of the revaluation loss affect the amount due to them?
Class 12 · Accountancy
→The total claim of a deceased partner is ₹1,40,000. If ₹40,000 has already been paid, what amount of the claim remains payable?
Class 12 · Accountancy
→Why are profits earned after the date of death not included in the deceased partner’s share?
Class 12 · Accountancy
→A deceased partner’s capital is ₹65000 and his share of the reserve fund is ₹15000. Based only on these two items, what will be the deceased partner’s total claim?
Class 12 · Accountancy
→Why is the deceased partner’s share of the firm’s goodwill added to the amount due to them?
Class 12 · Accountancy
→A deceased partner’s capital account has a credit balance of ₹90000, and his drawings are ₹10000. Ignoring interest, profit and other adjustments, what will be the net amount payable to the partner?
Class 12 · Accountancy
→Why is the deceased partner’s share of profit earned up to the date of death credited to his account?
Class 12 · Accountancy
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