Ask question Search Order By: ActiveCategoryClear Filter 0 Votes 1 Ans Amar and Nimrat are partners in a firm, Amar withdraws ₹ 5,000 in the beginning of the month starting from 1st April, 2023 for 6 months 1 viewsAnurag Pathak Changed status to publish 35 seconds ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Ranjan and Pankaj are partners having balances in current accounts as on 1st April, 2023 as Ranjan ₹ 3,00,000 and Pankaj as ₹ 2,00,000 (Debit) 3 viewsAnurag Pathak Changed status to publish 46 mins ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Amrik and Avtar are partners having capitals as on 1st April, 2023 as Amrik – ₹ 2,40,000 and Avtar as ₹ 1,20,000 (Debit). On 1st September 7 viewsAnurag Pathak Changed status to publish 1 hour ago[ISC] Fundamentals of Partnership 0 Votes 0 Ans Nimrat and Deep are partners having capitals as on 1st April, 2023 as Nimrat – ₹ 4,80,000 and Deep as ₹ 1,00,000 (Debit) 16 viewsAnurag Pathak Changed status to publish 2 hours ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans From the following Balance Sheet of Sujata and Swati, Calculate interest on capital @ 5% p.a. for the year ended 31st March 2023: 1.57K viewsAnurag Pathak Changed status to publish 17 hours ago[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Arun and Barun started business on 1st April, 2023. From the following Balance Sheet of Arun and Barun and Additional information, Calculate interest on capital @ 6% p.a 14 viewsAnurag Pathak Changed status to publish 18 hours ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Karman, Harman and Shravan were sharing profits and losses in the ratio of 5 : 3 : 2. They introduced capitals in their profit sharing ratio 20 viewsAnurag Pathak Changed status to publish 22 hours ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Kashish, Amit and Kaushal started a firm on 1st October, 2024 sharing profits and losses in the ratio of 3 : 2 : 1. They introduced capitals in their profit sharing ratio 11 viewsAnurag Pathak Changed status to publish 22 hours ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Chirag and Ashish were partners sharing profits in the ratio of 3 : 2. Their capitals as on 1st April, 2023 were ₹ 5,00,000 and ₹ 4,00,000 respectively 14 viewsAnurag Pathak Changed status to publish 23 hours ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Pass the Journal entries in the books of G & Co, for the following Firm took property of Amrit, a partner at a monthly rent of ₹ 20,000 w.e.f 1st June 19 viewsAnurag Pathak Changed status to publish 23 hours ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Kashish and Harish are partners in a firm sharing profits in the ratio of 3 : 2 with capitals of ₹ 5,00,000 each. Kashish was given loan of ₹ 2,00,000 on 1st October 16 viewsAnurag Pathak Changed status to publish 1 day ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Kabir, Krish and Harsh are partners in a firm. Kabir and Harsh had opening credit balance in their Loan Accounts of ₹ 4,80,000 each 15 viewsAnurag Pathak Changed status to publish 1 day ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Yogesh, Naresh and Mahesh are partners sharing profits and losses equally. Yogesh and Mahesh had opening credit balance in their Loan Accounts of ₹ 3,00,000 each 16 viewsAnurag Pathak Changed status to publish 1 day ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Puneet and Sahil are partners sharing profits and losses equally. They had opening credit balance in their Loan Accounts of ₹ 9,00,000 each 12 viewsAnurag Pathak Changed status to publish 1 day ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Raman and Pawan are partners sharing profits and losses in the ratio of 2 : 3. They had opening credit balance in their Loan Accounts of ₹ 5,00,000 and ₹ 4,00,000 respectively 17 viewsAnurag Pathak Changed status to publish 1 day ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Chandan and Gurman are partners sharing profits and losses in the ratio of 2 : 3. They had opening credit balance in their Loan Accounts of ₹ 5,00,000 and ₹ 4,00,000 respectively 13 viewsAnurag Pathak Changed status to publish 1 day ago[ISC] Fundamentals of Partnership 0 Votes 1 Ans Alex, John, and Sam are partners in a firm. Their capital accounts on 1st April 2015, stood at ₹ 1,00,000; ₹ 80,000, and ₹ 60,000 respectively. Each partner withdrew ₹ 5,000 during the financial year 2.92K viewsAnurag Pathak Changed status to publish 3 days ago[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Anup, Babu, and Roop were partners. Their capitals were Anup ₹ 30,000; Babu ₹ 20,000 and Roop ₹ 10,000. According to the Partnership Deed, they were to get interest on capital @ 5% p.a. 1.76K viewsAnurag Pathak Changed status to publish 3 days ago[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans The capitals of Madan, Krishna, and Ram as on 31st March 2023 were ₹ 30,000, ₹ 1,10,000, and ₹ 2,20,000 respectively. The profit of ₹ 60,000 for the year 2022-23 was distributed in the ratio of 4 : 1 : 1 after allowing interest on capital @ 10% p.a 2.51K viewsAnurag Pathak Changed status to publish 3 days ago[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 0 Votes 1 Ans Shiv and Shankar were partners in a firm sharing profits in 3 : 2 ratio. Their fixed capitals were ₹ 1,70,000 and ₹ 2,10,000 respectively. The Partnership Deed provides for the following: 2.29K viewsAnurag Pathak Changed status to publish 3 days ago[ISC] Fundamentals of Partnership[ISC} TS Grewal SolutionsAccountancy Class 12th 1 2 … 171 172 Question and answer is powered by anspress.net
