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Class 12 · Accountancy
→If interest on loan Rs 9000 has been debited to appropriation account in profit distribution what is the correct correction?
Class 12 · Accountancy
→A receives a commission of 10% on profit after deducting salary and before creating reserves. Total profit is Rs 250,000 and salary is Rs 50,000. What is A's commission?
Class 12 · Accountancy
→In a partnership of A, B and C, C has a capital deficiency of Rs 6,000. A and B will bear it in the ratio \\(3:4\\). How much burden will fall on A?
Class 12 · Accountancy
→A B C share profits in ratio three to four to three. C is guaranteed minimum Rs 60000. Total profit is Rs 180000. What is Cs deficiency?
Class 12 · Accountancy
→Available amount is Rs 105000. Interest on capital claim is Rs 30000 and salary claim is Rs 80000. If no order is given how much salary will be allowed?
Class 12 · Accountancy
→If net profit is Rs 100000 and interest on drawings is Rs 5000 while interest on capital Rs 30000 and salary Rs 80000 are payable. No order is given. What total amount is available?
Class 12 · Accountancy
→If profit is Rs 210000 and A B C first receive salaries Rs 20000 Rs 30000 Rs 10000 respectively. Remaining profit is shared in ratio five to three to two. What is Bs total claim?
Class 12 · Accountancy
→A B C share profits in ratio two to two to one. Total profit is Rs 150000. Firm guarantees C Rs 40000. What is As final share?
Class 12 · Accountancy
→If partner commission Rs 12000 is wrongly credited to appropriation account though it should be debited what is the effect on remaining profit?
Class 12 · Accountancy
→If interest on drawings Rs 8000 is wrongly debited though it should be credited what is the wrong effect on distributable profit?
Class 12 · Accountancy
→Total credit in appropriation account is Rs 250000. Debit items are salary Rs 40000 commission Rs 20000 and reserve Rs 30000. Remaining profit is shared by A and B in ratio seven to three. What is As share?
Class 12 · Accountancy
→A receives a salary of Rs 30,000 and B receives a commission equal to 10% of the net profit after deducting the salary. Profit before deducting the salary is Rs 1,80,000. What is B's commission?
Class 12 · Accountancy
→Net profit is Rs 160,000. Reserve is 10% of profit, and A's commission is 5% on the profit remaining after the reserve is set aside. What is A's commission?
Class 12 · Accountancy
→Profit ratio of A B C is two to three to five. A is exempted from losses. Total loss is Rs 80000 and B C will share loss in their old ratio. How much will C bear?
Class 12 · Accountancy
→A gets twenty percent commission on profit after charging such commission. Profit before commission is Rs 144000. What is the commission?
Class 12 · Accountancy
→A B C share profit in ratio five to three to two. Total profit is Rs 300000. C is guaranteed Rs 75000 and deficiency will be borne equally by A and B. What is As final share?
Class 12 · Accountancy
→If interest on capital Rs 30000 is wrongly treated as expense in Profit and Loss Account what combined error occurs in net profit and appropriation?
Class 12 · Accountancy
→Net profit is Rs 90000 and interest on partner loan Rs 6000 has not been deducted yet. Then interest on capital Rs 18000 is to be allowed. What profit is available for appropriation?
Class 12 · Accountancy
→If last year profit of Rs 120000 was shared equally though correct ratio was three to two what will A receive in adjustment?
Class 12 · Accountancy
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