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Category [NCERT] Fundamentals

[NCERT] Fundamentals 42 Questions

0 Votes 1 Ans

Arvind and Anand are partners sharing profits and losses in the ratio 8 : 3 : 1

670 viewsAnurag Pathak Changed status to publish March 30, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Mohan, Vijay and Anil are partners, the balances in their capital accounts being ₹ 30,000, ₹ 25,000 and ₹ 20,000 respectively

660 viewsAnurag Pathak Changed status to publish March 26, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

0 Votes 1 Ans

Anju, Manju and Mamta are partners whose fixed capitals were ₹ 10,000, ₹ 8,000 and ₹ 6,000, respectively

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

0 Votes 1 Ans

Azad and Benny are equal partners. Their fixed capitals are ₹ 40,000 and ₹ 80,000 respectively

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

0 Votes 1 Ans

On March 31, 2017 the balance in the capital accounts of Eluin, Monu and Ahmed after making adjustments for profits, drawings, etc

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

0 Votes 1 Ans

Mannu and Shrishti are partners in a firm sharing profit in the ratio of 3 : 2

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

0 Votes 1 Ans

The firm of Harry, Porter and Ali, who have been sharing profits in the ratio of 2 : 2 : 1, have existed for same years

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

0 Votes 1 Ans

The net profit of X, Y and Z for the year ended March 31, 2020, was ₹ 60,000 and the same was distributed

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

0 Votes 1 Ans

Amit, Babita and Sona form a partnership firm, sharing profits in the ratio of 3 : 2 : 1, subject to the following:

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

0 Votes 1 Ans

Ram, Mohan and Sohan are partners with capitals of ₹ 5,00,000, ₹ 2,50,000 and ₹ 2,00,000 respectively

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

0 Votes 1 Ans

Ashok, Brijesh and Cheena are partners sharing profits and losses in the ratio of 2 : 2 : 1

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

0 Votes 1 Ans

Arun, Boby and Chintu are partners in a firm sharing profit in the ratio or 2 : 2 : 1

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

0 Votes 1 Ans

X, Y and Z are in Partnership, sharing profits and losses in the ratio of 3 : 2 : 1

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

0 Votes 1 Ans

Radha, Mary and Fatima are partners sharing profits in the ratio of 5 : 4 : 1

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

0 Votes 1 Ans

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

596 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

516 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

495 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

545 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

568 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

716 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

474 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

399 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

420 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

428 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

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

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