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Class 12 · Accountancy
→Net profit is twenty five thousand rupees. A salary is forty thousand rupees and the deed says salary is fully payable. A B share profit in two to three. What is B share of loss?
Class 12 · Accountancy
→If after allowing A salary the remaining profit becomes negative what is the negative balance treated as?
Class 12 · Accountancy
→A B ratio is two to three. Total loss is fifty thousand rupees. B is exempted from loss. What is A loss share?
Class 12 · Accountancy
→If a partner's personal income tax is recorded as a firm expense, what error will occur in the accounts?
Class 12 · Accountancy
→A salary is forty thousand and B salary is twenty thousand. Available profit is thirty thousand rupees and salary is payable proportionately up to available profit. How much salary will A receive?
Class 12 · Accountancy
→A B share profit equally. Net profit is forty thousand rupees. A salary is thirty thousand and B salary is thirty thousand. Salary is payable only to available profit and ratio is equal. How much salary will each receive?
Class 12 · Accountancy
→A B C profit ratio is one to two to three. A is guaranteed thirty thousand rupees and total profit is ninety thousand. Deficiency is borne by B and C in their ratio. What is B final profit?
Class 12 · Accountancy
→A B C profit ratio is one to two to three. A is guaranteed minimum thirty thousand rupees. Total profit is ninety thousand rupees. Deficiency is borne by B and C in their ratio. How much is deducted from C?
Class 12 · Accountancy
→If remaining profit after appropriations is seventy thousand rupees and A, B and C share profits in the ratio 2:2:3, what is C’s share?
Class 12 · Accountancy
→Net profit is eighty thousand rupees. Interest on capital is twenty five thousand salary is fifteen thousand and interest on drawings is five thousand. A B ratio is five to four. What is A share?
Class 12 · Accountancy
→A B profit ratio is three to two. A salary is fifteen thousand and B commission is ten thousand. After appropriations there is loss of twenty five thousand rupees. What is the net effect in A account?
Class 12 · Accountancy
→Reserve was credited in appropriation account though it should have been debited. Reserve amount is ten thousand rupees. What is total error effect on distributable profit?
Class 12 · Accountancy
→If bonus is twenty percent of remaining profit after charging bonus and profit before bonus is ninety six thousand rupees what is the bonus?
Class 12 · Accountancy
→Net profit is one lakh twenty thousand rupees. A gets ten percent commission before charging commission and B gets twenty percent bonus on remaining profit. A commission is deducted first then B bonus. What is B bonus?
Class 12 · Accountancy
→A B profit ratio is four to one. Total profit is seventy five thousand rupees. B is guaranteed minimum twenty thousand rupees by A. What is A final profit?
Class 12 · Accountancy
→The deed guarantees A minimum total benefit of forty five thousand rupees including salary. A salary is fifteen thousand and actual share of remaining profit is twenty thousand. What is guarantee deficiency?
Class 12 · Accountancy
→A and B share profits equally. B is first allowed a fixed amount of twenty five thousand rupees out of profit and remaining profit is shared equally. Total profit is sixty five thousand rupees. What is A share?
Class 12 · Accountancy
→A B C share profit in ratio two to three to five. C gets salary ten thousand rupees in addition to profit share. Net profit is one lakh ten thousand rupees. What is C total benefit?
Class 12 · Accountancy
→Interest on drawings was seven thousand rupees but was not added in appropriation account. What is the effect on profit distribution?
Class 12 · Accountancy
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