Ask question Search Order By: ActiveCategoryClear Filter 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 1.61K 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 1.28K 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 1.10K 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 1.28K 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 682 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 1.25K 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 1.34K 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 920 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 1.08K 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 1.29K 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 1.34K 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 1.51K 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 1.52K 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 2.34K 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 1.28K 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 ₹ 1,50,000 691 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 1.27K 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 1.93K viewsAnurag Pathak Answered question May 29, 2024 0 Votes 1 Ans A, B and C are partners sharing profits in the ratio of 4 : 3 : 2. It was provided that B’s share of profit will not be less than ₹ 1,50,000 per annum 1.24K viewsAnurag Pathak Answered question May 29, 2024 0 Votes 1 Ans X and Y were sharing profits in the ratio of 2 : 1. On 1st April, 2023 they admitted Z for 1/4th share in the profits. Z is guaranteed a minimum profit of ₹ 1,00,000 for the year 1.53K viewsAnurag Pathak Answered question May 29, 2024 0 Votes 1 Ans The partners of a firm distributed the profits for the year ended 31st March, 2024, ₹ 1,50,000 in the ratio of 2 : 2 : 1. without providing for the following adjustments 1.63K viewsAnurag Pathak Answered question May 29, 2024 0 Votes 1 Ans A, B, C and D are partners sharing profits in the ratio of 4 : 3 : 2 : 1. D is given a guarantee that his share of profits in any given year would not be less than ₹ 1,20,000 935 viewsAnurag Pathak Answered question May 29, 2024 0 Votes 1 Ans A, B and C were partners sharing profits and losses in the ratio of 3 : 2 : 1. Their capitals on 1st April, 2023 were: A ₹ 5,00,000; B ₹ 3,00,000 and C ₹ 2,00,000 1.41K viewsAnurag Pathak Answered question May 29, 2024 0 Votes 1 Ans A, B and C were partners in a firm sharing profits in the ratio of 1 : 2 : 3. B was guaranteed a profit of ₹ 2,00,000. Any deficiency on account of guarantee to B was to be borne by A and C in 1 : 4 ratio 1.35K viewsAnurag Pathak Answered question May 29, 2024 0 Votes 1 Ans A, B and C were partners in a firm. On 1-4-2022 their capitals stood at ₹ 5,00,000, ₹ 2,50,000 and ₹ 2,50,000 respectively. As per the provisions of the partnership deed 886 viewsAnurag Pathak Answered question May 29, 2024 « Previous 1 2 … 35 36 37 38 39 … 173 174 Next » Question and answer is powered by anspress.net
