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Class 12 · Accountancy
→As closing capital is Rs 165000. Opening capital is Rs 130000 additional capital Rs 20000 salary Rs 10000 drawings Rs 12000 and interest on drawings Rs 3000. What was the profit share?
Class 12 · Accountancy
→A withdrew Rs 12000 in June and Rs 36000 in December. The accounting year ends in March and interest rate is twelve percent. What is interest on drawings?
Class 12 · Accountancy
→Equal quarterly drawings of Rs 6000 are made in the middle of each quarter and interest rate is ten percent per annum. What is interest on drawings?
Class 12 · Accountancy
→Equal monthly drawings of Rs 2500 are made at the end of each month and interest rate is twelve percent. What is interest on drawings?
Class 12 · Accountancy
→Equal monthly drawings of Rs 5000 are made at the beginning of each month and interest rate is ten percent per annum. What is interest on drawings?
Class 12 · Accountancy
→Interest on capital for A B and C is Rs 9000 Rs 6000 and Rs 15000. Available profit is Rs 20000. How much interest will C receive?
Class 12 · Accountancy
→As interest on capital claim is Rs 18000 and Bs claim is Rs 12000. Available profit is only Rs 24000. How much interest will A receive?
Class 12 · Accountancy
→B started with capital of Rs 100000 and withdrew Rs 40000 capital after eight months. At nine percent what is interest on capital?
Class 12 · Accountancy
→A invested Rs 60000 capital at the beginning of the year and brought additional capital of Rs 30000 after five months. At twelve percent per annum what is interest on capital?
Class 12 · Accountancy
→Bs current account opened with Rs 12000 credit. Commission is Rs 8000 loss share Rs 10000 drawings Rs 9000 and interest on drawings Rs 1000. What is the closing balance?
Class 12 · Accountancy
→A's current account was opened with a debit balance of Rs 7,500. During the year, interest on capital was Rs 11,000, profit share was Rs 24,000, drawings were Rs 28,000, and personal expenses were Rs 3,500. What is the closing current-account balance?
Class 12 · Accountancy
→Under fluctuating capital method As opening capital is Rs 140000. Additional capital is Rs 25000 profit share Rs 32000 salary Rs 18000 drawings Rs 22000 and interest on drawings Rs 2200. What is closing capital?
Class 12 · Accountancy
→Under fixed capital method As capital account is Rs 200000 credit current account is Rs 18000 debit and the firm has a separate loan of Rs 30000 from A. What is the total net liability towards A?
Class 12 · Accountancy
→What is the safest order in a multi adjustment capital accounts question?
Class 12 · Accountancy
→If a partners capital account has a debit closing balance on which side will Balance carried down appear?
Class 12 · Accountancy
→If As current account is Rs 12000 credit and capital account is Rs 88000 credit what will be new capital after transferring current account into capital?
Class 12 · Accountancy
→As current account is Rs 15000 debit and capital account is Rs 90000 credit. If current account is adjusted into capital what will be new capital?
Class 12 · Accountancy
→If the firm adjusts a debit current balance due from a partner against his capital what will be the effect on capital account?
Class 12 · Accountancy
→If a partner's capital account shows a credit balance and the firm has taken a separate loan from the same partner, which of the following statements is correct?
Class 12 · Accountancy
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