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Class 12 · Accountancy · Expert
→A gets one and a half percent commission on sales and two fifths share in remaining profit. Sales are Rs 800000 and profit before commission is Rs 220000. What is As total claim?
Class 12 · Accountancy · Expert
→Interest on capital claims are A Rs 24000 B Rs 36000 and C Rs 30000. Available profit is Rs 60000. How much interest will C receive?
Class 12 · Accountancy · Expert
→A, B and C share profits in the ratio 5 : 3 : 2. C's deficiency is Rs 16,000 and A and B will bear it in their remaining profit ratio. How much will A bear?
Class 12 · Accountancy · Expert
→A B C share profits in ratio four to three to one. B guarantees C a minimum profit of Rs 50000. Total profit is Rs 240000. What will be Bs final share?
Class 12 · Accountancy · Expert
→A gets salary Rs 36000 and twelve percent commission on profit after charging such commission. Profit before salary is Rs 260000. What is the commission?
Class 12 · Accountancy · Expert
→Net profit is Rs 300000. Interest on drawings is Rs 15000. Interest on capital is Rs 60000 salary is Rs 40000 and reserve is Rs 30000. What is the remaining profit?
Class 12 · Accountancy · Hard
→How should final verification be done in a hard profit distribution question?
Class 12 · Accountancy · Hard
→B is to receive guarantee deficiency of eighteen thousand rupees. This deficiency is borne by A and C in ratio two to one. What happens in B account?
Class 12 · Accountancy · Hard
→B is to receive guarantee deficiency of eighteen thousand rupees. A and C bear it in ratio two to one. What is the effect in C account?
Class 12 · Accountancy · Hard
→Net profit is two lakh rupees. A salary is thirty thousand B commission is twenty thousand interest on drawings is ten thousand and reserve is twenty five thousand. What is remaining profit?
Class 12 · Accountancy · Hard
→A shares only profits and is exempt from losses. A B profit ratio is one to two. Loss is thirty thousand rupees. How much will be debited to B?
Class 12 · Accountancy · Hard
→The deed says A will get only interest on capital and remaining profit will be shared equally by B and C. Remaining profit is sixty thousand rupees. How much will C get?
Class 12 · Accountancy · Hard
→A B ratio is three to two. Net profit is fifty thousand rupees. A first gets twenty percent bonus of profit and remaining profit is shared. What is B share?
Class 12 · Accountancy · Hard
→Guarantee deficiency was treated as extra firm expense and debited to appropriation account. Why is this wrong?
Class 12 · Accountancy · Hard
→A B C ratio is four to four to two. C is guaranteed fifty thousand rupees. Total profit is two lakh rupees. A alone bears deficiency. What is A final profit?
Class 12 · Accountancy · Hard
→Drawings of twenty thousand rupees were deducted from profit as expense. Under correct treatment drawings should not be treated as expense. What is effect on net profit?
Class 12 · Accountancy · Hard
→Sales of first period are four lakh and sales of second period are two lakh. Total profit is ninety thousand rupees. What is profit of first period?
Class 12 · Accountancy · Hard
→A B ratio is seven to five. Net profit is seventy two thousand rupees. A gets fifteen percent bonus on remaining profit before bonus. What is B correct share after bonus?
Class 12 · Accountancy · Hard
→A B ratio is seven to five. Net profit is seventy two thousand rupees. A gets fifteen percent bonus on remaining profit before bonus. What is B share after bonus?
Class 12 · Accountancy · Hard
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