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Class 12 · Accountancy
→Which item can appear on credit side of Profit and Loss Appropriation Account?
Class 12 · Accountancy
→Which item can appear on debit side of Profit and Loss Appropriation Account?
Class 12 · Accountancy
→If A B C share profit equally and profit is ninety thousand rupees what will each partner get?
Class 12 · Accountancy
→If A, B and C share profit in the ratio 2:2:1 and the total profit is ₹50,000, what is C's share?
Class 12 · Accountancy
→If there is no partnership deed (partnership agreement), what is the rule for distributing profits among partners?
Class 12 · Accountancy
→If there is no partnership deed will interest on capital be allowed?
Class 12 · Accountancy
→If there is no partnership deed, are partners entitled to salary?
Class 12 · Accountancy
→What should be checked first while calculating profit distribution among partners?
Class 12 · Accountancy
→If profit is seventy thousand rupees partner salary is ten thousand rupees and reserve is five thousand rupees what is distributable profit?
Class 12 · Accountancy
→If net profit is forty thousand rupees interest on capital is five thousand rupees and interest on drawings is one thousand rupees what is remaining profit?
Class 12 · Accountancy
→If Profit and Loss Appropriation Account has net profit on credit side and salary on debit side what does the balance show?
Class 12 · Accountancy
→How is bonus to a partner treated in profit distribution?
Class 12 · Accountancy
→If a guaranteed partner's actual share of profit is more than the guaranteed amount, how much will he receive?
Class 12 · Accountancy
→A is guaranteed a minimum profit of ₹10,000, but A's actual share is ₹8,000. What is the deficiency?
Class 12 · Accountancy
→What is meant by guaranteed profit?
Class 12 · Accountancy
→If 20% of the profit is to be transferred to reserve and the total profit is ₹50,000, what is the reserve amount?
Class 12 · Accountancy
→Transfer of profit to reserve is shown in which account?
Class 12 · Accountancy
→If the remaining profit is fifty thousand rupees and A and B share profits in the ratio 4 : 1, what is B's share?
Class 12 · Accountancy
→If the net profit is ₹60,000 and a partner's salary is ₹10,000, what is the remaining profit?
Class 12 · Accountancy
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