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Class 12 · Accountancy · Medium
→If A gets salary Rs 12000 and one fourth share in remaining profit. Profit before salary is Rs 60000 what is As total share?
Class 12 · Accountancy · Medium
→If a net loss remains in the appropriation account, in what form will it be transferred to the partners' accounts?
Class 12 · Accountancy · Medium
→To which account is the final balance of profit in appropriation account transferred?
Class 12 · Accountancy · Easy
→If total loss is Rs 48,000 and A, B and C share it in the ratio 1:2:3, what is C's share?
Class 12 · Accountancy · Medium
→If the profit is Rs 72,000 and A, B, C share it in the ratio 3:2:1, what is B's share?
Class 12 · Accountancy · Medium
→What is the second effect of charging interest on drawings in the partner's account?
Class 12 · Accountancy · Medium
→What is the "second effect" of interest on capital in a partner's account?
Class 12 · Accountancy · Medium
→What is the second effect of partner salary in profit distribution?
Class 12 · Accountancy · Medium
→If the deed says that profit should first be transferred to reserve and then distributed among partners, what is the first step?
Class 12 · Accountancy · Hard
→Partner salary is Rs 20,000 and interest on capital is Rs 30,000, while available profit is Rs 40,000. If no order is given, what is the proportionate amount of salary?
Class 12 · Accountancy · Medium
→If deed provides interest on drawings and the year has a loss what will happen to interest on drawings?
Class 12 · Accountancy · Medium
→If firm has net loss what is the general treatment of interest on capital when deed says it is allowed only out of profit?
Class 12 · Accountancy · Medium
→A B C share profits in ratio four to three to three. C is guaranteed minimum profit Rs 30000. Total profit is Rs 80000 what is Cs deficiency?
Class 12 · Accountancy · Medium
→A, B and C share profits in the ratio 3 : 3 : 2. A and B are to bear C's deficiency equally. If C's deficiency is Rs 6000, how much will A bear?
Class 12 · Accountancy · Medium
→A and B share profits equally. B is guaranteed a minimum profit of Rs 35,000 and the total profit is Rs 60,000. What is B's deficiency?
Class 12 · Accountancy · Easy
→A, B and C share profits in the ratio 2:2:1. If the remaining profit is Rs 75,000, how much will A and B together receive?
Class 12 · Accountancy · Medium
→Net profit is Rs 95000. Interest on capital is Rs 20000 salary is Rs 15000 and interest on drawings is Rs 5000. What is remaining profit?
Class 12 · Accountancy · Medium
→In appropriation account credit items are Rs 120000 and debit appropriation items are Rs 45000. What is distributable profit?
Class 12 · Accountancy · Easy
→A and B have equal capitals, but their profit-sharing ratio is 4:1. What is A's share of a profit of Rs 50,000?
Class 12 · Accountancy · Medium
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