Question 61 Chapter 2 of Class 12 Part – 1 Usha Publication 61. (Capital ratio) Honest and Sincere are partners in a firm., having total capital of Rs.80,000 of which Rs.50,000 is of Honest and balance is of Sincere on Read More …
Question 60 Chapter 2 of Class 12 Part – 1 Usha Publication 60. (Capital ratio/ interest on capital) X and Y commenced business on 1st April,2016 with a capital of Rs.20,000 and Rs.10,000 respectively. They agreed to share profits and Read More …
Question 59 Chapter 2 of Class 12 Part – 1 Usha Publication 59. (Capital ratio/ interest on capital) X and Y commenced business on 1st Jan.2014 with capitals of Rs2,00,000 and Rs.1,00,000 respectively. They decided to share profits in their Read More …
Question 58 Chapter 2 of Class 12 Part – 1 Usha Publication 58. (Distribution of profit in the capital ratio) A starts business on 1 April 2018 with Rs.20,000. B joins him on 1st July 2018 and contributes Rs.10,000 as Read More …
Question 57 Chapter 2 of Class 12 Part – 1 Usha Publication 57. (Profit and loss appropriation a/c, capital account & current accounts) From the following information, prepare: 1. The profit and loss appropriation account of P,Q and R for Read More …
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 …