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Recent questions tagged accounting for partnership firms
+1
vote
1
answer
State the Rules of Debit and Credit of Assets Account.
asked
Apr 7, 2019
in
Class 12
by
kratos
dissolution of partnership firm
class-11
recording of transactions
accounting for partnership firms
class-12
reconstitution of partnership
+3
votes
1
answer
There are two managers Amal and Bimal. Amal is saying that contorlling is forward looking whereas according to Bimal Contorlling
asked
Apr 7, 2019
in
Class 12
by
kratos
accounting for partnership firms
class-12
controlling
cbse
+2
votes
1
answer
Mudit, Sudhir and Uday are partners in a firm sharing profits in the ratio of 3:1:1. Their fixed capital
asked
Apr 6, 2019
in
Class 12
by
kratos
isc
partnership final accounts
cbse
icse
accounting for partnership firms
class-12
+3
votes
1
answer
In the absence of partnership deed, partners are not entitled to receive.
asked
Apr 4, 2019
in
Class 12
by
kratos
partnership final accounts
class-12
accounting for partnership firms
accounting for partnership firms and companies
general introduction of partnership
+3
votes
1
answer
Abhay and Anirudh were partners sharing profits and losses in the ratio of 2:1.
asked
Apr 2, 2019
in
Class 12
by
kratos
class-12
accounting for partnership firms
+3
votes
1
answer
Amal, Bimal and kamal are three partners. On 1st April, 2017, their Capitals stood as: Amal Rs. 40,000,
asked
Mar 29, 2019
in
Class 12
by
kratos
class-12
accounting for partnership firms
+1
vote
1
answer
A, B and C started business on 1st April, 2016 with capitals of Rs. 1,00,000; Rs.80,000 and Rs. 60,000
asked
Mar 29, 2019
in
Class 12
by
kratos
dissolution of partnership firm
class-12
accounting for partnership firms
+2
votes
1
answer
X and Y contribute Rs. 20,000 and Rs. 10,000 respectively towards capital. They decide to allow
asked
Mar 28, 2019
in
Class 12
by
kratos
accounting for partnership firms
class-12
+1
vote
1
answer
On 1st April, 2017, A and B entered into partnership contributing Rs. 60,000 and Rs. 45,000 respectively.
asked
Mar 26, 2019
in
Class 12
by
kratos
class-12
accounting for partnership firms
+2
votes
1
answer
Ram and Mohan are equal partners. Their capitals are Rs. 4,000 and Rs. 8,000 respectively. After the accounts for the year are prepared
asked
Mar 24, 2019
in
Class 12
by
kratos
class-12
accounting for partnership firms
+2
votes
1
answer
A and B are partners sharing profits in proportion of 3:2 with capitals of Rs. 40,000 and Rs. 30,000 respectively.
asked
Mar 24, 2019
in
Class 12
by
kratos
class-12
accounting for partnership firms
+3
votes
1
answer
Ayub and Anita were partners sharing profits and losses in the ratio of 3:2. They decided that from 1st April,
asked
Mar 23, 2019
in
Class 12
by
kratos
isc
class-12
icse
accounting for partnership firms
+1
vote
1
answer
A and B started business on 1st April, 2017 with capitals of Rs. 15,00,000 and Rs. 9,00,000 respectively.
asked
Mar 22, 2019
in
Class 12
by
kratos
class-12
accounting for partnership firms
+1
vote
1
answer
How would you calculate interest on drawing of equal amount drawn in the middle of every month?
asked
Mar 18, 2019
in
Class 12
by
kratos
class-12
accounting for partnership firms
+2
votes
1
answer
A and B are partners with ratio 3:2 with capitals of 2lac and 1lac respectively.show the distribution of profits in each of the following .
asked
Mar 17, 2019
in
Class 12
by
kratos
class-12
accounting for partnership firms
+3
votes
1
answer
On 31 St December 2014 after the close of the accounts, the capital accounts of Kapil, Rajat and Vishal stood in the books of the firm at Rs. 40,000;
asked
Mar 14, 2019
in
Class 12
by
kratos
accounting for partnership
basic concepts
accounting for partnership firms
fundamentals of partnership
class-12
accounting for not for profit organisation
+1
vote
1
answer
The current account of the partners will always have (a) Debit balance (b) Credit Balance (c) Either of the two (d) None of these
asked
Mar 13, 2019
in
Class 12
by
kratos
accounts of partnership firms
balance of payments
cbse
accounting for partnership firms
introduction to partnership
class-12
+2
votes
1
answer
Suggest any four entrepreneurial values which a firm should follow for its successful operations for a long time.
asked
Mar 9, 2019
in
Class 12
by
kratos
class-12
accounting for partnership firms
admission of a partner
+1
vote
1
answer
List the items which may be debited or credited in capital accounts of the partners when: (i) Capitals are fixed. (ii) Capital are fluctuating.
asked
Mar 8, 2019
in
Class 12
by
kratos
accounts of partnership firms
accounting for partnership
basic concepts
accounting for partnership firms
class-12
accounting for not for profit organisation
+3
votes
1
answer
The Capital Accounts of A and B stood at Rs. 4,00,000 and Rs. 3,00,000 respectively after necessary adjustments in respect of the drawings
asked
Mar 2, 2019
in
Class 12
by
kratos
class-12
accounting for partnership firms
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