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Question 48 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

Question 48 Chapter 6 of +2- Part
Q-48 - CH-6 - Usha +2 Book 2018 - Solution

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Question 48 Chapter 6 of +2-Part-1

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48. (Decreased Partner’s Share of Profit) A , B and C are partners sharing profits in the rate of 5 :3 :2. They have agreed that the deceased partner’s share of profit during the current year shall be based upon the last year’s profit. The profit earned during the year 2019 was Rs. 60,000. Calculate A’s share of profit if be dies in 2019 on: (a) January 31.
(b) February 28
(c) March 31
(d) April 301 Sept.
(e) May 31

The solution of Question 48 Chapter 6 of +2 Part-1: –

Day - 139 | Solution of Questions 47 to 51 Retirement of a Partner Chapter 6 Accounts class 12 PSEB

Calculation of A’s share of profit per month
 Amount
Profit of the firm annually60,000
Monthly profit5,000
A’s share2,500
Now if date of death isThen profits is
(a) January 312,500
(b) February 285,000
(c) March 317,500
(d) April 3010,000
(e) May 3112,500
(f) Sept. 3022,500
  

Comment if you have any questions.


End of Solution

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Question 05 Chapter 6 of +2- Part- 1 of USHA Publication Part – 1

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Question 11 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 17 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 23 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 29 Chapter 6 of +2 Part- 1 – USHA Publication 12 Class

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Question 35 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 42 Chapter 6 of +2 Part- 1 – USHA Publication

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Question 50 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Question 56 Chapter 6 of +2 Part-1 – USHA Publication 12 Class Part – 1

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Chapter-Wise Solution of Usha Publication Accountancy – Part 1 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 1 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 1 – Accounting Not-for-Profit Organisations (Deleted from the Syllabus)

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Chapter No. 2 – Partnership Accounts – I (Introduction)

Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)

Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)

Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)

Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)

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Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 1 Class 12 by Unimax Publication

Check out Part 2 of both books.

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1. Accountancy – Part 2 Class 12 – Session 2024-25 By Usha Publication

2. Advanced Accountancy Part 2 Class 12 by Unimax Publication

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