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Class 12 · Accountancy

If A and B share profits equally and the total profit available to be shared is Rs. 36,000, what is A's share?

Class 12 · Accountancy

If commission of ₹4,000 and salary of ₹6,000 are payable to A, what total amount will be credited to A's account?

Class 12 · Accountancy

If commission is payable to a partner on which side of Profit and Loss Appropriation Account will it appear?

Class 12 · Accountancy

In profit distribution partner salary is credited to whose account?

Class 12 · Accountancy

If net profit is sixty five thousand rupees and interest on drawings is three thousand rupees what is total available profit?

Class 12 · Accountancy

If net profit is one lakh rupees salary is twenty thousand rupees and interest on capital is ten thousand rupees what is remaining profit?

Class 12 · Accountancy

After allowing salary in profit distribution on what basis is remaining profit shared?

Class 12 · Accountancy

If A and B share a loss in the ratio 5:2 and the total loss is ₹70,000, what is B's share?

Class 12 · Accountancy

If there is net loss in Profit and Loss Appropriation Account how is it distributed among partners?

Class 12 · Accountancy

If A, B and C share profits in the ratio 4 : 1 : 1 and the total profit is ₹60,000, what is A's share?

Class 12 · Accountancy

If A and B share profits in the ratio 1:4 and the total profit is Rs. 50,000, what is A's share?

Class 12 · Accountancy

If profit sharing ratio is clearly given what effect will capital ratio have on profit distribution?

Class 12 · Accountancy

In profit distribution from which account is the remaining profit transferred to partners?

Class 12 · Accountancy

Which method is correct to avoid final mistake in profit distribution question?

Class 12 · Accountancy

If the profit distribution ratio is 6 : 4, what is the simplified ratio?

Class 12 · Accountancy

If the profit-sharing ratio is two to two, what is its simplest form?

Class 12 · Accountancy

If the partners change their profit-sharing ratio in writing, which ratio will apply to the next profit distribution?

Class 12 · Accountancy

If only the profit-sharing ratio is given and no separate loss-sharing ratio is stated, how will the loss be shared?

Class 12 · Accountancy

If A and B share profits and losses in the ratio 2 : 3 and the total loss is ₹25,000, what is A's share of the loss?

Class 12 · Accountancy

If the amount after appropriations becomes negative, how is it treated?