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Class 12 · Accountancy
→Which clue helps to distinguish additional capital and normal drawings?
Class 12 · Accountancy
→If a partner withdrew capital and the transaction was not recorded in the books, what will be the effect on his capital account?
Class 12 · Accountancy
→If a partner invested additional capital in the firm and this is recorded in the books, on which side will his capital account be shown?
Class 12 · Accountancy
→If a partner withdrew firm cash for personal use and this was not recorded in the books, which account will be affected when recorded?
Class 12 · Accountancy
→If A paid two thousand rupees from personal funds for firm and it was omitted how much will be credited to A?
Class 12 · Accountancy
→If A paid a firm expense from personal funds and the transaction was not recorded in the firm's books, what will be the effect on A's account?
Class 12 · Accountancy
→If firm expense was wrongly debited to partners account what is the correction?
Class 12 · Accountancy
→If firm income was wrongly credited to a partners personal account what is the problem?
Class 12 · Accountancy
→If partners personal expense was treated as firm expense what should be done in correction?
Class 12 · Accountancy
→If A's salary was recorded ₹5,000 less, what correction will be made in A's account?
Class 12 · Accountancy
→If A's salary was recorded Rs. 5,000 too high, what correction should be made in A's account?
Class 12 · Accountancy
→If interest on capital was overallowed how will the concerned partners account be corrected?
Class 12 · Accountancy
→If interest on drawings was overcharged how will the concerned partners account be corrected?
Class 12 · Accountancy
→If interest on drawings should be Rs 4,000 but only Rs 1,000 was charged, what is the additional debit?
Class 12 · Accountancy
→If A was entitled to receive interest on capital of ₹3,000 but received only ₹2,000, how much more will be credited to A's account?
Class 12 · Accountancy
→If interest on capital was payable only to A but was given to all partners what must be done?
Class 12 · Accountancy
→In adjustment entries, why is a partner's account credited when he receives less profit than his entitled share?
Class 12 · Accountancy
→When a partner has been paid more than his rightful share of profit, why is his partner account debited during adjustments?
Class 12 · Accountancy
→If profit of twenty five thousand rupees was shared equally but correct ratio was two to three how much excess did A receive?
Class 12 · Accountancy
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