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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 …
Question 46 Chapter 2 of Class 12 Part – 1 Usha Publication 46. (Profit and loss Appropriation a/c, Fixed and Fluctuating Capital a/c’s) On 1st April, 2016 A and B entered in a partnership contributing Rs.24,000 and Rs.10,000 respectively. According Read More …
Question 45 Chapter 2 of Class 12 Part – 1 Usha Publication 45. (Profit and loss appropriation a/c) A and B are partners sharing profits in the ratio of 3:2 with capital of Rs.25,000 and Rs.15,000 respectively. Interest on capital Read More …
Question 44 Chapter 2 of Class 12 Part – 1 Usha Publication 44. (Profit and loss appropriation a/c) Ramesh and Suresh started a partnership on 1st April 2018 with a capital of Rs.30,000 and Rs.20,000 respectively. Suresh paid in further Read More …
Question 43 Chapter 2 of Class 12 Part – 1 Usha Publication 43. (Profit and loss adjustment a/c) On April 1, 2018 John and Robert commenced business as partners with an initial capital of Rs.20,000 and Rs.30,000 in their respective Read More …
Question 42 Chapter 2 of Class 12 Part – 1 Usha Publication 42. (Fluctuating Capital a/c’s/ Profit & Loss App. A/c) A and B are in partnership sharing profits and losses equally. A’s Capital is Rs.10,000 and B’s Capital is Read More …
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