Question 56 Chapter 2 of Class 12 Part – 1 Usha Publication 56. (Profit and loss App. A/c, Partners Capital and Current A/c) Thread, Needle and Button are in partnership and during the year ended 31-3-2017, they earned a profit Read More …
Question 55 Chapter 2 of Class 12 Part – 1 Usha Publication 55. (P/L appropriation a/c, Partners fixed accounts) Black and White have capital of Rs. 75,000 and Rs.50,000 respectively on 1st April, 2016. They share profits in the ratio Read More …
Question 54 Chapter 2 of Class 12 Part – 1 Usha Publication 54. (Profit and loss appropriation a/c, Partners Capital and Current a/c) R, S and T are partners sharing profits and losses in proportion to their capitals in the Read More …
Question 53 Chapter 2 of Class 12 Part – 1 Usha Publication 53. (Profit and loss appropriation a/c) Ted, Phil and Gordon are in partnership sharing profits two-fifths, two fifths and one-fifth and throughout the half-year ended 31st December 2017 Read More …
Question 52 Chapter 2 of Class 12 Part – 1 Usha Publication 52. (Profit and loss appropriation a/c, Partners Capital and Current a/c) On 1st January, 2017 Precious, Noble and Perfect entered into partnership with capitals of Rs.60,000, Rs.50,000 and Read More …
Question 51 Chapter 2 of Class 12 Part – 1 Usha Publication 51. (P/L appropriation a/c, Partners capital & current accounts) A and B are partners sharing profits and losses equally. On 1.4.2017 the balance of their capital accounts were Read More …
Question 50 Chapter 2 of Class 12 Part – 1 Usha Publication 50. (Profit and loss appropriation a/c, Partners Current a/c) A, B and C are in partnership with respective fixed capitals of Rs.40,000; Rs.30,000 and Rs.20,000. B and C Read More …
Question 49 Chapter 2 of Class 12 Part – 1 Usha Publication 49. (P/L appropriation a/c, Partners capital & current accounts)X and Y were partners in firm sharing profits in the ratio of 3:2.On 1.4.2016 their fixed capitals were Rs.3,00,000 Read More …
Question 48 Chapter 2 of Class 12 Part – 1 Usha Publication 48. (Profit and loss appropriation a/c) A, B and C are partners in a firm with capital contribution of Rs.1,00,000, Rs.75,000 and Rs.50,000 respectively.Their partnership agreement provides for Read More …
Question 47 Chapter 2 of Class 12 Part – 1 Usha Publication 47. (Profit and loss Appropriation a/c, Partners’ Capital a/c) Ajay and Atul are partners in a business showing profits and losses in the ratio of 3:2. Their capitals Read More …