Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans A and B are partners in a business. Their capitals at the end of the year were ₹ 6,40,000 and ₹ 4,60,000 respectively. During the year ending 31st March, 2024, A’s drawings and B’s drawings were ₹ 1,20,000 and ₹ 1,40,000 respectively 413 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans E, F and G were partners in a firm sharing profits in the ratio of 3 : 2 : After division of the profits for the year ended 31.3.2024 their capitals were: E ₹ 2,95,000; F ₹ 3,30,000; and G ₹ 3,35,000 794 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans Neena and Sara were partners in a firm with fixed capitals of ₹ 5,00,000 and ₹ 4,00,000 respectively. It was discovered that interest on capital @ 6% p.a 738 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans A, B and C are partners. Their fixed capitals as on 31st March, 2024 were A ₹ 2,00,000, B ₹ 3,00,000 and C ₹ 4,00,000. Profits for the year ended 31st March, 2024 amounting to ₹ 1,80,000 were distributed 767 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans P and Q were partners in a firm sharing profits in 7 : 3 ratio. Their fixed capitals were P ₹ 5,00,000 and Q ₹ 8,00,000. For the year ended 31st March, 2024, interest on capital was credited @ 12% instead of 10% 770 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans Raja, Roopa and Mala sharing profits and losses equally have fixed capitals of ₹ 12,00,000, ₹ 9,00,000 and ₹ 6,00,000 respectively 937 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans Arun and Arora were partners in a firm sharing profits in the ratio of 5 : 3. Their fixed capitals on 1.4.2023 were : Arun ₹ 60,000 and Arora ₹ 80,000 444 viewsAnurag Pathak Answered question May 31, 2024 0 Votes 1 Ans X, Y and Z contribute ₹ 3,00,000, ₹ 2,00,000 and ₹ 1,00,000 respectively by way of capital on which they agree to allow interest at 12% p.a 870 viewsAnurag Pathak Changed status to publish May 31, 2024 0 Votes 1 Ans Charu and Suruchi are partners in a firm. Suruchi withdrew ₹ 12,000 in the beginning of each quarter and interest on drawings 717 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans Era, a partner withdrew ₹ 40,000 per month for her personal use from the firm in the beginning of each month 537 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans Seema and Tina are partners in a firm. Interest on drawings is charged @ 10% p.a. You are required to calculate the amount of drawings of each partner in the following cases 766 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans Calculate the interest on Drawings of Garmia @ 9% p.a., if she withdrew ₹ 4,000 p.m. for six months ending 31st March, 2024 342 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans Calculate the interest on Drawings of Esha @ 9% p.a., if she withdrew ₹ 4,000 p.m. on the last day of every month for six months ending 31st March, 2024 713 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans Calculate the interest on Drawings of Divya @ 9% p.a. if she withdrew ₹ 4,000 p.m. on the first day of every month for six months ending 31st March 741 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans Calculate the interest on Drawings of Charulata @ 9% p.a for the year ended 31st March, 2024, if she withdrew ₹ 10,000 each quarter 487 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans Calculate the interest on Drawings of Bipasa @ 9% p.a. for the year ended 31st March 2024, if she withdrew ₹ 10,000 at the end of each quarter 581 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans Calculate the interest on Drawings of Anuradha @ 9% p.a. for the year ended 31st March 2024, if she withdrew ₹ 10,000 in the beginning of each quarter 713 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans Calculate the interest on Drawings of Tarun @ 8% p.a. for the year ended 31st March, 2024 in each of the following alternative cases 705 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans A and B are partners in a firm. A is to get a commission of 10% of net profit before charging any commission. B is to get a commission of 10% on net profit after charging all commissions 779 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans Tulsi and Kabir are partners sharing profits in proportion of 3 : 2 with capitals of ₹ 8,00,000 and ₹ 6,00,000 respectively. Interest on capitals is agreed at 6% p.a 816 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans X, Y and Z are in the partnership and on 1st April, 2023, their respective capitals were ₹ 2,00,000; ₹ 1,20,000 and ₹ 1,00,000. Y is entitled to a salary of ₹ 25,000 and Z ₹ 20,000 per annum 985 viewsAnurag Pathak Answered question May 30, 2024 0 Votes 1 Ans Pappu and Munna are partners in a firm sharing profits in the ratio of 3 : 2. The partnership deed provided that Pappu was to be paid salary of ₹ 2,500 per month 782 viewsAnurag Pathak Answered question May 29, 2024 0 Votes 1 Ans Simmi and Sonu are partners in a firm, sharing profits and losses in the ratio of 3 : 1. The profit and loss account of the firm for the year ending March 31, 2024 shows a net profit of ₹ 1,50,000 380 viewsAnurag Pathak Answered question May 29, 2024 0 Votes 1 Ans D, E and F were partners in a firm sharing profits in the ratio of 5 : 7 : 8. Their fixed capitals on 1st April, 2023 were D ₹ 5,00,000, E ₹ 7,00,000 and F ₹ 8,00,000 673 viewsAnurag Pathak Answered question May 29, 2024 0 Votes 1 Ans A, B and C entered into partnership on 1st July, 2023 to share profit and losses in the ratio of 5 : 3 : 2. A personally guaranteed that C’s share of profit after charging interest on capital @ 8% per annum 957 viewsAnurag Pathak Answered question May 29, 2024 « Previous 1 2 … 24 25 26 27 28 … 163 164 Next » Question and answer is powered by anspress.net
