Author: Amanpreet Kaur

Question 55 Chapter 6 of Class 12 Part – 1 Usha Publication 55. (Current A/c of Deceased Partner) A, B and C are equal partners of a trading firm The capital of the firm is Rs. 30,000 held equally by Read More …

Question 54 Chapter 6 of Class 12 Part – 1 Usha Publication 54 (Journalisation of Joint Life Policy) A, B and C are equal partners. They took out a joint life policy for Rs. 18,000 at an annual premium of Read More …

Question 53 Chapter 6 of Class 12 Part – 1 Usha Publication 53. (Amount Payable to deceased Partner’s Legal Representative) A , B and Care partners in a firm their balance sheet as at 31 December, 2017 is given below: Read More …

Question 52 Chapter 6 of Class 12 Part – 1 Usha Publication 52. (Share of Goodwill) P, R, and S are in partnership sharing profits 4/8, 3/8and 1/8 respectively. It is provided under the partnership deed that on the death Read More …

Question 51 Chapter 6 of Class 12 Part – 1 Usha Publication 51. (Different Cases of Deceased Partner’s Share of Profit) A, B & C were partners sharing profits and losses in the ratio of 3 :2 :1 respectively. A’ Read More …

Question 50 Chapter 6 of Class 12 Part – 1 Usha Publication 50. (Different Cases of Deceased Partner’s Share of Profit) A, B and C are partner sharing in the ratio of 3:2:1. They close their books of accounts on Read More …

Question 49 Chapter 6 of Class 12 Part – 1 Usha Publication 49. (Deceased Partner’s Interest on Capital) A , B and C are partners sharing profits in the ratio of 4 :3: 2. According to the partnership agreement partners Read More …

Question 48 Chapter 6 of Class 12 Part – 1 Usha Publication 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 Read More …

Question 47 Chapter 6 of Class 12 Part – 1 Usha Publication 47. (Deceased Partner’s Share of Profit) A , B, and C are equal partners in a firm whose books are closed the 31st of December every year. A Read More …