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Class 12 · Accountancy
→The net profit is ₹30,000. A's salary of ₹50,000 is fully payable. A and B share profits and losses in the ratio 2:3. What is B's share of the loss?
Class 12 · Accountancy
→After allowing partner salary the appropriation account shows a loss of 10,000 rupees. Partners A and B share profits and losses in the ratio 2:3. How much will be debited to A's account?
Class 12 · Accountancy
→A B ratio is one to four. B will not share losses. Loss is sixty thousand rupees. What is A loss share?
Class 12 · Accountancy
→Partners personal income tax of fourteen thousand rupees was deducted as firm expense. What will it be under correct treatment?
Class 12 · Accountancy
→A B C ratio is three to two to five. C is guaranteed eighty thousand rupees. Total profit is one lakh fifty thousand rupees. Deficiency is borne equally by A and B. What is A final profit?
Class 12 · Accountancy
→A B C ratio is three to two to five. C is guaranteed seventy thousand rupees. Total profit is one lakh fifty thousand rupees. Deficiency is borne equally by A and B. What is A final profit?
Class 12 · Accountancy
→Reserve of twenty five thousand rupees should have been debited but was credited. What is the total error effect on distributable profit?
Class 12 · Accountancy
→If commission is on profit after charging commission why is the normal percentage formula wrong?
Class 12 · Accountancy
→B is to receive guarantee deficiency of twelve thousand rupees. Deficiency is borne equally by A and C. What is the effect in A account?
Class 12 · Accountancy
→A has salary credit twenty five thousand rupees and after appropriations there is loss of fifty thousand rupees. A B ratio is three to two. What is net effect on A account?
Class 12 · Accountancy
→A receives twenty percent commission on remaining profit after charging commission after salary of ten thousand rupees. Profit before salary is eighty eight thousand rupees. What is the commission?
Class 12 · Accountancy
→Net profit is two lakh rupees. Interest on drawings is ten thousand rupees interest on capital is fifty thousand rupees and reserve is twenty thousand rupees. A B ratio is three to four. What is A share?
Class 12 · Accountancy
→The deed is silent. A contributed one lakh capital and B contributed twenty five thousand capital. Total profit is fifty thousand rupees. What is A share?
Class 12 · Accountancy
→A's agreed salary is ₹30,000 and B's agreed salary is ₹15,000. However the available profit is only ₹27,000 and salaries are to be paid proportionately. How much salary will B receive?
Class 12 · Accountancy
→A has an annual salary of Rs 24,000 and remained a partner for nine months. What salary will be allowed in profit distribution?
Class 12 · Accountancy
→Net profit is one lakh fifty thousand rupees. A gets four percent commission on sales and sales are five lakh rupees. B gets ten percent commission on profit before charging commission. What is total commission?
Class 12 · Accountancy
→The deed says A salary is to be allowed first and then B commission. Profit is sufficient only for A salary. What is the correct treatment of B commission?
Class 12 · Accountancy
→Profit is forty eight thousand rupees and total partner salary is sixty thousand rupees. Deed says salary is payable proportionately up to available profit. A salary is forty thousand and B salary is twenty thousand. How much will A get?
Class 12 · Accountancy
→After appropriations debit side of appropriation account exceeds credit side by thirty thousand rupees. A B ratio is two to three. What happens in B account?
Class 12 · Accountancy
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