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Class 12 · Accountancy
→To which account is the deceased partner’s share of profit earned up to the date of death credited?
Class 12 · Accountancy
→In calculating a deceased partner’s share, which account is considered the primary base?
Class 12 · Accountancy
→Which of the following items generally increases the amount payable to a deceased partner?
Class 12 · Accountancy
→A deceased partner’s total amount due is ₹1,02,000 and the partner’s drawings are ₹2,000. What will be the net amount payable after deducting the drawings?
Class 12 · Accountancy
→How is interest due on the deceased partner’s capital treated while calculating the amount payable to the deceased partner?
Class 12 · Accountancy
→If a deceased partner’s capital is ₹52,000 and accumulated profit credited to the partner’s account is ₹8,000, what total amount is payable to the deceased partner on the basis of these two items?
Class 12 · Accountancy
→What can the legal representative of a deceased partner claim from the firm?
Class 12 · Accountancy
→On the death of a partner, the total of all items due to him—such as his capital account, share of goodwill, share of profit and other adjustments—is ₹1,60,000. What amount will be payable to the deceased partner?
Class 12 · Accountancy
→The total amount payable to a deceased partner is ₹1,40,000. If ₹40,000 has already been paid, how much amount is still payable?
Class 12 · Accountancy
→Why is the deceased partner entitled to a share of the revaluation profit?
Class 12 · Accountancy
→A deceased partner has ₹90,000 in the capital account and ₹15,000 as the share of goodwill. If there are no other adjustments, what total amount is due to the deceased partner?
Class 12 · Accountancy
→Why is it necessary to calculate the deceased partner’s share correctly?
Class 12 · Accountancy
→The deceased partner’s total share amounts to ₹88,000. If a loss share of ₹8,000 is deducted from it, what will be the net amount?
Class 12 · Accountancy
→A deceased partner’s Capital Account has a credit balance of ₹35,000 and the Reserve Fund amounts to ₹5,000. Based on these two items, what is the total amount due to the deceased partner?
Class 12 · Accountancy
→A deceased partner’s account shows a total amount due of ₹115000 and drawings of ₹15000. What will be the net amount due after deducting the drawings?
Class 12 · Accountancy
→On a partner’s death, if the amount due to the partner is not paid immediately, to which account is it transferred in the firm’s books?
Class 12 · Accountancy
→If a deceased partner’s capital account shows ₹65,000 and the goodwill credited to the partner is ₹7,000, what total amount is payable to the partner’s account, ignoring other adjustments?
Class 12 · Accountancy
→When a partner dies, how is the deceased partner’s share of undistributed profit treated in their Capital Account?
Class 12 · Accountancy
→Why are profits earned after the date of death generally not included in the deceased partner’s share?
Class 12 · Accountancy
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