Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans The capitals of A, B and C stood at ₹ 20,000, ₹ 15,000 and ₹ 10,000 respectively after the necessary adjustment in respect of drawings and net profits. Subsequently 2.19K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Mohan, Vijay and Anil are partners, their capitals on 31st March 2024 after adjustments of drawings and profits were ₹ 30,000, ₹ 25,000 and ₹ 20,000 respectively 1.55K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Sachin, Kapil and Rashmi have been sharing profits in the ratio of 3 : 2 : 1 respectively. Rashmi wants that she should share profits equally along with Sachin and Kapil 2.02K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans After the accounts of a partnership have been drawn up and the books closed off, it is discovered that for the years ended 31st March, 2023 and 2024 2.09K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C were partners sharing profits in the ratio of 1 : 2 : 3. A withdrew ₹ 5,000 every month, B withdrew ₹ 60,000 during the year and C withdrew ₹ 15,000 during each quarter 1.80K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C are partners in a firm sharing profits and losses in the ratio of 4 : 3 : 3. Their fixed capitals were ₹ 1,00,000, ₹ 2,00,000 and ₹ 3,00,000 respectively 1.65K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C were partners in a firm. Their capitals were A ₹ 1,00,000, B ₹ 2,00,000 and C ₹ 3,00,000 respectively on 1st April, 2023. According to the partnership deed they were entitled to an interest on capital @ 5% p.a 2.38K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C were partners in a firm. On 1st April, 2021 their capitals stood as ₹ 5,00,000; ₹ 2,50,000 and ₹ 2,50,000 respectively. As per provisions of the partnership deed 1.80K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Suresh and Ramesh were partners in a firm sharing profits in the ratio of 3 : 2. Their fixed capitals were : Suresh ₹ 9,00,000 and Ramesh ₹ 6,00,000 1.68K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 2 : 2 : 1. Their fixed capitals were ₹ 4,00,000, ₹ 2,50,000 and ₹ 1,00,000 respectively 2.49K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Kumar and Raja were partners in a firm sharing profits in the ratio of 7 : 3. Their fixed capitals were : Kumar ₹ 9,00,000 and Raja ₹ 4,00,000 1.68K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans On 1st April, 2022 the Capitals of A and B were ₹ 4,00,000 and ₹ 2,00,000 respectively. They divided profits in their capital ratio, Profits for the year ended 31st March 2.41K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans P, Q and R are partners sharing profits in the ratio of 2 : 1 : 1. Their capitals as on 1st April, 2023 were ₹ 50,000, ₹ 30,000 and ₹ 20,000 respectively 2.72K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Anil, Sunil and Sanjay have omitted interest on Capitals for two years ended on 31st March, 2023. Their fixed capitals in two years were Anil ₹ 8,00,000, Sunil ₹ 7,00,00 and Sanjay ₹ 3,00,000 2.39K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A and B were partners sharing profits in 2 : 1 ratio. During the year ended 31st March, 2023, A’s drawings were ₹ 50,000 per month drawn in the beginning of every month 1.96K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B, C and D are partners sharing profits and losses in 2 : 2 : 3 : 3 respectively. After the accounts of the year had been closed, it was found that interest on drawings @ 6% p.a 1.67K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C are partners sharing profits and losses in the ratio of 5 : 3 : 1. After the final accounts have been prepared, it was discovered that interest on drawings 1.83K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Asha, Suman and Verka were partners in a firm, their capitals were ₹ 9,00,000, ₹ 7,00,000 and ₹ 4,00,000 respectively as on 1st April, 2022 2.97K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B and C are partners sharing profits and losses in the ratio of 1 : 2 : 3. They have omitted interest on capital @ 8% p.a. for two years ended 31st March 2.13K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans A, B, C and D are partners sharing profits in 2 : 2 : 1 : 1. They distributed the profit for the year ending 31st March, 2023, ₹ 9,00,000 without providing for the following 1.72K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans After the accounts of the partnership have been drawn up and the books closed off, it is discovered that interest on capitals @ 8% p.a. as provided 2.09K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans On 1st April, 2023 X, Y and Z started a business in partnership. X contributes ₹ 90,000 at first but withdraws ₹ 30,000 at the end of six months 2.20K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Lalan and Balan were partners in a firm sharing profits in the ratio of 3:2. Their fixed capital on 1st April 2022 was: Lalan ₹ 10,00,000 and Balan ₹ 20,00,000 6.23K viewsAnurag Pathak Changed status to publish June 13, 2024[CBSE] Fundamentals of Partnership FirmAccountancy Class 12th 0 Votes 1 Ans Lalan and Balan were partners in a firm sharing profits in the ratio of 3 : 2. Their fixed capitals on 1st April, 2023 were : Lalan ₹ 1,00,000 and Balan ₹ 2,00,000 1.58K viewsAnurag Pathak Changed status to publish June 13, 2024 0 Votes 1 Ans Kavita and Leela are partners with capitals of ₹ 6,00,000 and ₹ 4,00,000 and sharing profits & Loss in the ratio of 2 : 1. Their partnership deed provides that interest on capitals shall be provided @ 8% p.a 1.27K viewsAnurag Pathak Changed status to publish June 13, 2024 « Previous 1 2 … 30 31 32 33 34 … 173 174 Next » Question and answer is powered by anspress.net
