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Class 12 · Accountancy
→A and B share profits in the ratio 4:3. If B received Rs 21,000, what was the total profit?
Class 12 · Accountancy
→A, B and C share profits in the ratio 4 : 4 : 2. If A received Rs 32,000, what was the total profit?
Class 12 · Accountancy
→If interest on drawings is wrongly treated as interest on capital and debited what is the effect on appropriation account?
Class 12 · Accountancy
→If partner commission is not debited to appropriation account what will be the effect on remaining profit?
Class 12 · Accountancy
→If reserve creation is omitted in profit distribution how will profit distributed to partners appear?
Class 12 · Accountancy
→If profit Rs 90000 was wrongly shared equally among three partners but correct ratio was two to two to five how much less did the third partner receive?
Class 12 · Accountancy
→If last year profit of Rs 60000 was shared equally though correct ratio was two to one how much extra should A have received?
Class 12 · Accountancy
→Total profit is Rs 54,000. If A's share is Rs 18,000 more than B's share and their ratio is 2 : 1, what is A's share?
Class 12 · Accountancy
→A and B share profits in the ratio 7:5. The total profit available for distribution is Rs 72,000. What is the difference between their shares?
Class 12 · Accountancy
→If A, B and C share the remaining profit in the ratio 6 : 3 : 1 and the remaining profit is Rs 90000, what is C's share?
Class 12 · Accountancy
→In appropriation account if net profit credit is Rs 130000 interest on drawings credit is Rs 7000 and debit items are Rs 52000 what is distributable profit?
Class 12 · Accountancy
→If interest on drawings Rs 3000 is debited to partners account but not credited to appropriation account what is incomplete?
Class 12 · Accountancy
→If interest on capital is wrongly treated as expense in Profit and Loss Account what problem occurs in profit distribution?
Class 12 · Accountancy
→If interest on a partner's loan has been wrongly debited to the Profit and Loss Appropriation Account, what is the correct accounting treatment?
Class 12 · Accountancy
→If net profit is Rs 85000 and interest on partner loan Rs 5000 has not yet been recorded what will be correct net profit before appropriation?
Class 12 · Accountancy
→If C's deficiency of Rs 10,000 is to be borne by A and B in their profit-sharing ratio 2:3, how much will B bear?
Class 12 · Accountancy
→A B C share profits in ratio five to three to two. C has a minimum guarantee of Rs 25000. Total profit is Rs 100000. What is Cs deficiency?
Class 12 · Accountancy
→A guaranteed minimum profit to B. Bs deficiency is Rs 9000. What will be the effect on A in final distribution?
Class 12 · Accountancy
→A and B share profits in ratio three to two. Total profit is Rs 75000 and A guarantees B minimum profit of Rs 35000. What is the deficiency?
Class 12 · Accountancy
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