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Class 12 · Accountancy
→The deed says reserve is created first and interest on capital is allowed afterwards. Profit is fifty thousand rupees reserve is twenty thousand and total interest on capital is forty thousand. How much is available for interest on capital?
Class 12 · Accountancy
→Net profit is one lakh rupees. A first receives salary fifteen thousand rupees and then ten percent commission on remaining profit after charging commission. What is A commission?
Class 12 · Accountancy
→A partner gets five percent commission on sales and ten percent commission on profit. Sales are two lakh rupees and profit before commission is fifty thousand rupees. What is total commission if profit commission is on before commission basis?
Class 12 · Accountancy
→A B C profit ratio is three to four to three. A is guaranteed fifty five thousand rupees by B alone. Total profit is one lakh fifty thousand rupees. What is B final profit?
Class 12 · Accountancy
→If interest on partner loan is debited to appropriation account while net profit had already been calculated after deducting loan interest what will be the effect?
Class 12 · Accountancy
→Net profit is ninety thousand rupees. Interest on drawings is six thousand rupees. A salary is twenty four thousand rupees and reserve is twelve thousand rupees. Profit ratio is two to one. What is B share of remaining profit?
Class 12 · Accountancy
→A B share profit in ratio three to two. For first eight months old ratio was one to one and for last four months new ratio was three to two. Annual profit one lakh twenty thousand rupees is assumed earned evenly. What is A total share?
Class 12 · Accountancy
→A B share profit in ratio three to two. For first eight months old ratio was one to one and for last four months new ratio was three to two. Annual profit one lakh twenty thousand rupees is assumed earned evenly. What is B total share?
Class 12 · Accountancy
→A B C profit ratio is six to three to one. C will not share losses. Final loss is ninety thousand rupees. What is B loss share?
Class 12 · Accountancy
→The deed says partner salary is payable irrespective of profit or loss. Loss before salary is eighteen thousand rupees and salary is forty two thousand rupees. What is total loss after salary?
Class 12 · Accountancy
→The deed says interest on capital will be allowed only when profit is available. Profit is thirty four thousand rupees and total interest on capital is fifty one thousand rupees. What is the correct treatment?
Class 12 · Accountancy
→A B ratio is five to three. Net profit is one lakh four thousand rupees. A salary is sixteen thousand rupees and B interest on capital is eight thousand rupees. What is B share of remaining profit?
Class 12 · Accountancy
→A B C share profit in ratio four to three to three. B is guaranteed minimum eighty thousand rupees. Total profit is two lakh rupees. Deficiency is borne equally by A and C. What is C final profit?
Class 12 · Accountancy
→B receives twelve percent commission on net profit before charging commission. Profit before commission is one lakh twenty five thousand rupees. What is B commission?
Class 12 · Accountancy
→A gets fifteen percent commission on profit after charging commission. Profit before commission is one lakh fifteen thousand rupees. What is the commission?
Class 12 · Accountancy
→Net profit is two lakh forty thousand rupees. Interest on drawings is twelve thousand rupees salary is forty thousand rupees interest on capital is thirty thousand rupees and reserve is twenty two thousand rupees. A B C ratio is three to two to one. What is C share of remaining profit?
Class 12 · Accountancy
→In a hard profit distribution question what is the safest sequence to get correct final profit?
Class 12 · Accountancy
→If profit ratio changes during the year and the question says profit accrued evenly throughout the year what is the best method?
Class 12 · Accountancy
→The deed changed profit ratio to two to one but for first six months old ratio was one to one. Annual profit of sixty six thousand is assumed earned evenly over time. What is A share for the second six months?
Class 12 · Accountancy
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