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Category [NCERT] Fundamentals

[NCERT] Fundamentals 42 Questions

0 Votes 1 Ans

Harshad and Dhiman are in partnership since April 01, 2019, No Partnership agreement was made

1.89K viewsAnurag Pathak Changed status to publish April 26, 2025[NCERT] Fundamentals

0 Votes 1 Ans

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

2.02K 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

2.03K 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

2.00K 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

1.98K 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

1.87K 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

1.97K 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

1.78K 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

1.84K 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:

2.05K 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

1.96K 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

1.74K 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

1.82K 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

2.00K 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

1.81K 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

2.06K 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

1.94K 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

1.88K 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

1.79K 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

1.79K 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

2.13K 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

1.75K 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

1.59K 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

1.54K 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

1.64K viewsAnurag Pathak Changed status to publish March 25, 2024[NCERT] Accountancy Class 12 [NCERT] Fundamentals

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