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Class 12 · Accountancy · Easy
→If partnership deed gives both old ratio and new ratio for adjustment which is used when?
Class 12 · Accountancy · Easy
→If a profit-decreasing adjustment of ₹15,000 is to be shared by A and B in the ratio 4:1, how much will be debited to A's account?
Class 12 · Accountancy · Easy
→If a profit-increasing adjustment of ₹12,000 is to be shared between A and B in the ratio 3:1, what is B's share?
Class 12 · Accountancy · Easy
→If profit was overstated and the correction decreases profit, what happens in the partners’ accounts?
Class 12 · Accountancy · Easy
→If profit was understated and the correction increases profit, what happens in the partners’ accounts?
Class 12 · Accountancy · Easy
→If income was recorded twice and the amount is Rs 8,000, by how much will profit decrease in the adjustment?
Class 12 · Accountancy · Easy
→If expense was recorded twice and amount is six thousand rupees how much will profit increase in adjustment?
Class 12 · Accountancy · Easy
→If an income was recorded twice by mistake, what is the effect on profit?
Class 12 · Accountancy · Easy
→If an expense is mistakenly recorded twice, what will be the effect on profit?
Class 12 · Accountancy · Easy
→If omitted expense is twelve thousand rupees and A B C share profits equally how much will each be debited?
Class 12 · Accountancy · Easy
→If omitted income is nine thousand rupees and A B C share profits equally how much will each be credited?
Class 12 · Accountancy · Easy
→If B has a net debit effect in the adjustment table, where will B appear in the final entry?
Class 12 · Accountancy · Easy
→If A has a net credit effect in the adjustment table, where will A appear in the final entry?
Class 12 · Accountancy · Easy
→What is the advantage of working out the net debit and credit effect in an adjustment question?
Class 12 · Accountancy · Easy
→If A was to be debited by two thousand rupees but was credited how much is the correcting effect?
Class 12 · Accountancy · Easy
→If A was to be credited by two thousand rupees but was debited how much is the correcting effect?
Class 12 · Accountancy · Easy
→If A's account was wrongly debited instead of being credited, what will be the overall difference from the correct position?
Class 12 · Accountancy · Easy
→Which clue helps to distinguish additional capital and normal drawings?
Class 12 · Accountancy · Easy
→If a partner withdrew capital and the transaction was not recorded in the books, what will be the effect on his capital account?
Class 12 · Accountancy · Easy
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