Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Amit, Binita, and Charu are the three partners. On 1st April 2022, their capitals stood as: Amit ₹ 1,00,000, Binita ₹ 2,00,000, and Charu ₹ 3,00,000. It was decided that: 6.70K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans A, B and C were partners in a firm having capitals of ₹ 50,000; ₹ 50,000, and ₹ 1,00,000 respectively 5.09K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans A and B are partners sharing profits and losses in the ratio of 3 : 1. On 1st April 2022, their capitals were: A ₹ 5,00,000 and B ₹ 3,00,000 8.96K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Amit and Vijay started a partnership business on 1st April 2022. Capital invested by them were ₹ 2,00,000 and ₹ 1,50,000 respectively 5.78K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Calculate the Rate of interest on Drawings of Mohan in the following cases: 6.50K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Piyush, Harmesh, and Atul are partners. Each partner regularly withdrew ₹ 20,000 per month is given below. 7.68K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Calculate the amount of Shiv’s quarterly drawings for the year ended 31st March 2023, in the following 8.10K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Calculate the amount of Manan’s monthly drawings for the year ended 31st March 2023, in the following alternatives cases 8.20K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans A, B, and C are partners. During the year ended 31st March 2023, each of the partners withdrew ₹ 10,000 regularly. A withdrew in the beginning of the first 6 months 7.39K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans The capital accounts of Tisha and Divya showed credit balances of ₹ 10,00,000 and ₹ 7,50,000 respectively 7.75K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Calculate interest on drawings of Sanjay @ 10% p.a. for the year ended 31st March 2023, in each of the following alternative cases: 5.23K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans B and C are partners sharing profits equally. C regularly withdrew ₹ 5,000 per month in the beginning of the month 8.07K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans A and B are partners sharing profits equally. A drew regularly ₹ 4,000 at the end of every month for six months ended 30th September 3.21K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans A and B are partners sharing profits equally. A drew regularly ₹ 4,000 in the beginning of every month for six months ended 30th September 3.59K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans One of the partners in a partnership firm has withdrawn ₹ 9,000 at the end of each quarter, throughout the year 3.44K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Dev withdrew ₹ 10,000 on the 15th day of every month. Interest on drawings was to be charged @ 12% per annum. Calculate interest on Dev’s Drawings. 8.02K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Brij and Mohan are partners in a firm. They withdrew ₹ 48,000 and ₹ 36,000 respectively during the year evenly in the middle of every month 3.06K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Ram and Mohan, two partners, drew for their personal use ₹ 1,20,000 and ₹ 80,000. Interest is chargeable @ 6% p.a. on the drawings 2.57K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans X and Y are partners in a firm. X is entitled to a salary of ₹ 10,000 per month and a commission of 10% of the net profit after the partner’s salaries but before charging the commission 5.26K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans A, B and C, and D are partners in a firm sharing profits in the ratio of 4 : 3 : 2 :1. The firm earned a net profit of ₹ 1,80,000 for the year ended 31st March 2023 3.17K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Abha, Bobby, and Vineet are partners sharing profits and losses equally. As per Partnership Deed, Vineet is entitled to a commission of 10% on 4.94K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Shiv, Mohan, and Gopal are partners sharing profits and losses in the ratio of 2 : 2 : 1. Shiv is entitled to a commission of 10% on the net profit 4.19K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Moli and Bholi contribute ₹ 20,000 and ₹ 10,000 respectively towards capital. They decide to allow interest on capital @ 6% p.a 5.04K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Amit and Bramit started business on 1st April 2022 with capitals of ₹ 15,00,000 and ₹ 9,00,000 respectively 4.57K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans From the following Balance Sheet of Long and Short, Calculate interest on capital @ 8% p.a. for the year ended 31st March 2023. 4.55K viewsAnurag Pathak Changed status to publish April 11, 2024[CBSE] Fundamentals of Partnership Firm[CBSE] TS Grewal SolutionsAccountancy Class 12th « Previous 1 2 … 43 44 45 46 47 … 173 174 Next » Question and answer is powered by anspress.net
