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Accountancy

Home » Class 12 » Accountancy » Page 41
Posted inAccountancy Class 12 Fundamental of Partnership

Atul and Mithun are partners sharing profits in the ratio of 3:2

17 :- Atul and Mithun are partners sharing profits in the ratio of 3 : 2. Balances as on 1st April 2024 were as follows:Capital accounts (fixed): Atul – Rs…
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Posted inAccountancy Class 12 Fundamental of Partnership

X and Y are partners sharing profits in the ratio of 3:2 with capitals of Rs 8,00,000 and Rs 6,00,000 respectively

Question 16 :- X and Y are partners sharing profits in the ratio of 3 : 2 with capitals of Rs 8,00,000 and Rs 6,00,000 respectively. Interest on capital is…
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Posted inAccountancy Class 12 Fundamental of Partnership

X, Y and Z are partners in a firm sharing profits in the ratio of 2:2:1

Question 15:-  X, Y, and Z are partners in a firm sharing profits in the ratio of 2 : 2 : 1. Fixed Capitals of the partners were: X Rs…
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Posted inAccountancy Class 12 Fundamental of Partnership

Vinod and Mohan are partners. Vinod ‘s capital is Rs 1,00,000 and Mohan’s capital is Rs 60,000

Question 14:-  Vinod and Mohan are partners. Vinod’s Capital is Rs 1,00,000 and Mohan’s Capital is Rs 60,000. Interest on Capital is payable @ 6% p.a. Vinod is to get…
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Posted inAccountancy Class 12 Fundamental of Partnership

Question 9 to 13 (Interest on loan to the firm by partner and loan by the firm to partner)

TS Grewal Solutions (2025 - 26) - Accounting for partnership firm - Fundamentals 9 :- Akhil and Bimal are partners sharing profits in the ratio of 3 : 2. Akhil…
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Posted inAccountancy Class 12 Fundamental of Partnership

Parul, Paresh and Rahul are partners in a firm

13 :- Parul, Paresh, and Rahul are partners in a firm. The firm gave a loan to Rahul on 1st February, 2025  of Rs 6,00,000. Interest was agreed to be…
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Posted inAccountancy Class 12 Fundamental of Partnership

Atul, Jetha and Tarak are partners sharing profits equally

12 :- Atul, Jetha, and Tarak are partners sharing profits equally. Jetha was given a loan by the firm on 1st July, 2024 of Rs 6,00,000. Books are closed on…
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Posted inAccountancy Class 12 Fundamental of Partnership

Ankit, Bhanu and Charu are partners in a firm sharing profits and losses equally with capital of Rs 2,50,000 each

11 :- Ankit, Bhanu, and Charu are partners in a firm sharing profits and losses equally with a capital of Rs 2,50,000 each. On 1st October, 2024, Ankit and Bhanu…
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Posted inAccountancy Class 12 Fundamental of Partnership

Nirmal and Pawan are partners sharing profits in the ratio of 3:2

10 :- Nirmal and Pawan are partners sharing profits in the ratio of 3:2. The firm had given loan to Pawan of Rs 500,000 on 1st April, 2024. Interest was to…
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Posted inAccountancy Class 12 Fundamental of Partnership

Akhil and Bimal are partners sharing profits in the ratio of 3:2.

9 :- Akhil and Bimal are partners sharing profits in the ratio of 3 : 2. Akhil gave a loan to the firm of Rs 1,00,000 on 1st January 2025.…
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