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Class 12 · Accountancy
→A invested Rs 50000 capital at the beginning and added Rs 20000 after four months. What is interest on capital at ten percent?
Class 12 · Accountancy
→Equal quarterly drawings of Rs 5000 are made at the end of each quarter and rate is eight percent. What is interest on drawings?
Class 12 · Accountancy
→Equal monthly drawings of Rs 3000 are made in the middle of each month and rate is twelve percent. What is interest on drawings?
Class 12 · Accountancy
→If interest on loan is mistakenly treated as interest on capital what is the main error?
Class 12 · Accountancy
→If interest on partner loan Rs 7500 has not been deducted from net profit what will be done before appropriation?
Class 12 · Accountancy
→A and B share profits equally. A guarantees B minimum profit of Rs 45000. Total profit is Rs 80000. What is As final share?
Class 12 · Accountancy
→If A is guaranteed minimum profit Rs 32000 and normal share is Rs 27000 what is the deficiency?
Class 12 · Accountancy
→Profit Rs 80000 was to be shared in ratio three to one but was shared equally. How much excess did B receive?
Class 12 · Accountancy
→If last year profit Rs 90000 was shared equally though correct ratio was two to one how much more should A receive?
Class 12 · Accountancy
→B bought a computer of Rs 18000 for the firm using personal card. What will happen in Bs account?
Class 12 · Accountancy
→If A took firm's goods for personal use valued at Rs 7,500, what is the correct adjustment?
Class 12 · Accountancy
→A, B and C share profits in the ratio 2:3:5. After adjustments the remaining profit is Rs 120000. What is C's share?
Class 12 · Accountancy
→A and B share profits in the ratio 4:1. After adjustments, the remaining profit is Rs 75,000. What is B's share?
Class 12 · Accountancy
→Net profit is Rs 85000. Partner salary is Rs 15000 and general reserve is Rs 10000. What will be remaining profit?
Class 12 · Accountancy
→Net profit is Rs 110000. Interest on drawings is Rs 4000 and interest on capital is Rs 26000. What will be distributable profit?
Class 12 · Accountancy
→If deed provides interest on capital but profit is not sufficient in the year what is the general adjustment limit?
Class 12 · Accountancy
→If the deed has no provision for partner commission what will be the treatment of commission in adjustment?
Class 12 · Accountancy
→If Bs drawings are Rs 22000 and interest on drawings is Rs 1800 what total debit will appear in Bs account?
Class 12 · Accountancy
→If salary Rs 9000 and interest on capital Rs 6500 are payable to A what total credit will appear in As account?
Class 12 · Accountancy
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