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Class 12 · Accountancy
→If the deed has no provision for partner salary what will happen to salary in profit distribution?
Class 12 · Accountancy
→Interest on capital is Rs 24000 but available profit is only Rs 18000. If there is no special condition how much interest will be allowed?
Class 12 · Accountancy
→Interest on drawings is Rs 1500. What will be its treatment in Profit and Loss Appropriation Account?
Class 12 · Accountancy
→On which side does net profit transferred from Profit and Loss Account start in Profit and Loss Appropriation Account?
Class 12 · Accountancy
→A and B share profits in the ratio 3:1. The profit remaining for distribution is Rs 80,000. What is B's share?
Class 12 · Accountancy
→If the partnership deed does not give profit ratio and capitals of A B and C are different how will profit be distributed?
Class 12 · Accountancy
→What is usually done at the end of a profit distribution question?
Class 12 · Accountancy
→In profit distribution final profit share may go to which partners account?
Class 12 · Accountancy
→If a partner gets personal expense paid by the firm how should it be understood in profit distribution?
Class 12 · Accountancy
→If drawings are not deducted from profit in profit distribution is it always an error?
Class 12 · Accountancy
→If after profit distribution A's share is greater than B's, what is the most common reason?
Class 12 · Accountancy
→If A gets commission on profit on what will it depend?
Class 12 · Accountancy
→If A gets commission on sales on what base will it be calculated in profit distribution?
Class 12 · Accountancy
→If in profit distribution A receives a commission equal to 5% of the total profit and the total profit is ₹40,000, what is A's commission?
Class 12 · Accountancy
→A's annual salary is ₹24,000 and he was a partner for only half the year (6 months). How much salary will he be paid for that period?
Class 12 · Accountancy
→If A has annual salary of twenty four thousand rupees in profit distribution and he remained partner for full year what salary is considered?
Class 12 · Accountancy
→If A's quarterly salary is three thousand rupees, what is the annual salary?
Class 12 · Accountancy
→If deed allows A monthly salary of two thousand rupees what is annual salary?
Class 12 · Accountancy
→If profit is fifty five thousand rupees interest on drawings is five thousand rupees and salary is ten thousand rupees what is distributable profit?
Class 12 · Accountancy
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