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Question 31 Chapter 2 of Class 12 Part – 1 Usha Publication 31. (One partner’s interest is calculated for one year and other partners’ for half year) A and B and C are partners in 3:2:1. They made the drawings Read More …
Question 30 Chapter 2 of Class 12 Part – 1 Usha Publication 30. (Interest on Drawings/ Product Method) During the year ended 31-3-2017, a partner made the following drawings:April 30 – 2,000July 1 – 5,000October 31 – 4,000March 1 – Read More …
Question 29 Chapter 2 of Class 12 Part – 1 Usha Publication 29. (Interest on Drawings/Drawings at beginning, middle and end of each month) A and B are partners in a firm. Their monthly drawings are Rs.2,000 each. Interest on Read More …
Question 28 Chapter 2 of Class 12 Part – 1 Usha Publication 28. (Interest on Drawings/Evenly throughout the year) A and B are partners in a firm. They share profits and losses in the ratio of 3:2. As per their Read More …
Question 27 Chapter 2 of Class 12 Part – 1 Usha Publication 27. Money and Rupee are partners sharing profits in the ratio of 2:1. Their capitals were Rs.1,20,000 and Rs. 90,000 respectively.Show the distribution of profits/losses in each of Read More …
Question 26 Chapter 2 of Class 12 Part – 1 Usha Publication 26. (Interest on Capital/Drawings & Profits given) From the following balance sheet of Rich and Poor, calculate interest on capital @10% p.a. for the year ended 31-3-17. Advertisement Read More …
Question 25 Chapter 2 of Class 12 Part – 1 Usha Publication 25. (Interest is a charge) P and Q are partners. They share profits in 2:1 ratio. As per the partnership, they are to get interested on capital @10% Read More …
Question 24 Chapter 2 of Class 12 Part – 1 Usha Publication 24. (Interest as a charge) A and B have a capital of Rs.30,000 and Rs.40,000 respectively and they shared profit in capital ratio. As per agreement interest on Read More …
Question 23 Chapter 2 of Class 12 Part – 1 Usha Publication 23. (Interest on Capital/Opening Capital Missing) Capital of A and B at the end of year 31.03.2017 were Rs.70,000 and Rs.1,00,000 respectively. Their drawings were Rs.30,000 and Rs.20,000 Read More …
Question 22 Chapter 2 of Class 12 Part – 1 Usha Publication 22. (Interest on Capital) The following is the information available from the books of a firm: Advertisement Video Tag: M N Capital on 1-4-2017 80,000 1,00,000 Additional Read More …
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