12th Class Accounting MCQS Partnership Accounts (I) Profit Distribution Online Test 2
3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-the-reward-given-by-consignor-to-consignee-due-to-sale-of-goods-by-consignee-is-called-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-commission-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-when-the-incoming-partner-pays-the-firm-for-goodwill-in-cash-2-c-the-amount-should-be-debited-in-firm-books-to-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-ecash-account-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-e-which-business-has-the-perpetual-existence-3-f-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-9-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-ejoint-stock-company-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-ea-company-is-formed-by-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-epromoters-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-ea-receipts-and-payments-account-is-similar-to-3-a-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-3-cspan-style-3-d-27-font-family-3-a-22-tahoma-22-2-c-22-sans-serif-22-27-3-ea-cash-or-a-book-account-3-c-2-fspan-3-e-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-cost-minus-accumulated-depreciation-of-an-asset-is-also-called-3-a-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-none-of-these-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-depletion-is-recorded-only-on-3-a-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-machinery-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-if-gross-profit-is-20-25-on-sales-and-cost-of-goods-sold-is-rs-2-2-c-00-2-c-000-2-f-the-amount-of-gross-profit-will-be-3-a-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-40-2-c-000-2-f-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-e-the-register-which-is-maintained-by-consignee-to-keep-full-record-of-the-goods-received-is-called-3-a-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-22-font-size-3-a-10-0-pt-22-3-econsignment-inward-book-3-c-2-fspan-3-e-3-c-2-fp-3-e,3-cp-3-e-3-cspan-style-3-d-27-5-c-5-c-22-font-size-5-c-5-c-3-a-10-0-pt-5-c-5-c-22-27-3-e-current-account-of-partners-could-be-opened-when-capital-is-5-c-5-c-3-a-3-c-2-fspan-3-e-3-c-2-fp-3-e_-_3-cp-3-e-3-cspan-style-3-d-27-5-c-5-c-22-font-size-5-c-5-c-3-a-10-0-pt-5-c-5-c-22-27-3-e-fixed-3-c-2-fspan-3-e-3-c-2-fp-3-e,a-minor-partner-is-admitted-in-the-partnership-to-share-only-3-a_-_profit-of-business,assets-contributed-by-partner-are-recorded-as-3-a_-_agreed-value,current-account-of-partners-could-be-opened-when-capital-is-3-a_-_fixed,in-the-absence-of-an-agreement-2-c-interest-on-drawing-is-to-be-charged-by-the-firm-at-the-rate-of-3-a_-_none-of-these,in-the-absence-of-an-agreement-2-c-partners-shall-3-a_-_not-be-paid-salaries,it-sets-out-the-terms-on-which-partners-agreed-to-form-a-partnership-3-a_-_e-2-80-9-ca-e-2-80-9-d-and-e-2-80-9-cb-e-2-80-9-d,partner-e-2-80-99-s-current-accounts-should-be-opened-when-capital-accounts-are-3-a_-_fixed,partners-contribution-to-the-firm-is-called-3-a_-_capital,partners-in-a-partnership-2-c-collectively-known-as-3-a_-_firm,partnership-formed-under-the-act-of-3-a_-_1932,the-age-of-minor-is-3-a_-_less-than-18-years,the-debit-balance-of-interest-on-loan-account-is-transferred-to-3-a_-_profit-26-amp-3-b-loss-account,the-maximum-amount-which-each-partner-will-draw-from-the-business-in-anticipation-of-the-share-of-profit-is-his-3-a_-_drawings,the-relation-between-persons-who-have-agreed-to-share-the-profits-of-a-business-carried-on-by-all-or-any-of-them-acting-for-all-is-called-3-a_-_partnership,where-a-partner-is-entitled-to-interest-on-capital-subscribed-by-him-2-c-such-will-be-payable-3-a_-_only-out-of-profits
Questions | 25 |
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Available | Always |
Pass rate | 45 % |
Backwards navigation | Allowed |