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Category [NCERT] Accountancy Class 12

[NCERT] Accountancy Class 12 41 Questions

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0 Votes 1 Ans

Abhay, Siddharth and Kusum are partners in a firm, sharing profits in the ratio of 5 : 3 : 2

1.95K viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Pinki, Deepati and Kaku are partners sharing profits in the ratio of 5 : 4 : 1

1.84K viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Amit, Sumit and Samiksha are in partnership sharing profits in the ratio of 3 : 2 : 1

1.77K viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

On March 31, 2017, after the close of books of accounts, the capital accounts of Ram, Shyam and Mohan showed balance of ₹ 24,000 ₹ 18,000 and ₹ 12,000 respectively

1.71K viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Menon and Thomas are partners in a firm. They share profits equally

1.71K viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Harish is a partner in a firm. He withdrew the following amounts during the year 2019

2.03K viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Amit and Bhola are partners in a firm. They share profits in the ratio of 3 : 2

1.66K viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Raj and Neeraj are partners in a firm. Their capitals as on April 01, 2019 were ₹ 2,50,000 and ₹ 1,50,000, respectively

1.51K viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Bharam is a partner in a firm. He withdraws ₹ 3,000 at the starting of each month for 12 months

1.45K viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Himanshu withdrew ₹ 2,500 at the end of each month. The Partnership deed provides

1.53K viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Rakesh and Roshan are partners, sharing profits in the ratio of 3 : 2 with capitals of ₹ 40,000 and ₹ 30,000 respectively

1.79K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

The capital accounts of Moli and Golu showed balances of ₹ 40,000 and ₹ 20,000 as on April 01, 2019

1.69K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Rishi is a partner in a firm. He withdrew the following amounts during the year ended March 31, 2020

1.61K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Following is the extract of the Balance Sheet of, Neelkant and Mahadev as on March 31, 2020

1.54K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

On March 31, 2017 after the close of accounts, the capitals of Mountain, Hill and Rock stood in the books of the firm

1.74K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Sunflower and Pink Rose started partnership business on April 01, 2019 with capitals of ₹ 2,50,000 and ₹ 1,50,000, respectively

1.62K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Rahul, Rohit and Karan started partnership business on April 1, 2019 with capitals of ₹ 20,00,000, ₹ 18,00,000 and ₹ 16,00,000, respectively

1.80K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Sukesh and Vanita were partners in a firm. Their partnership agreement provides that:

1.71K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Ramesh and Suresh were partners in a firm sharing profits in the ratio of their capitals contributed on commencement of busienss which were ₹ 80,000 and ₹ 60,000 respectively

1.79K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Simmi and Sonu are partners in a firm, sharing profits and losses in the ratio of 3 : 1

1.75K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Amann, Babita and Suresh are partners in a firm. Their profit sharing ratio is 2 : 2 : 1

1.60K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Ram, Raj and George are partners sharing profits in the ratio 5 : 3 : 2

1.71K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

The partnership agreement between Maneesha and Girish provides that Profits will be shared equally:

1.72K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Lokesh and Azad are partners sharing profits in the ratio 3 : 2 with capitals of ₹ 50,000 and 30,000, respectively

1.68K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Rakhi and Shikha are partners in a firm, with capitals of ₹ 2,00,000 and ₹ 3,00,000 respectively

1.73K viewsAnurag Pathak Changed status to publish March 24, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

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