Kon bnaga Accountant
Understand and choose correct option
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Topics of this game:
- In the case of fixed capital, partner will have
- Ram and Mohan are partners. They draw for personal use rupees 6000 and 4000 respectively. Interest is chargeable at the rate 6% per annum on drawings. What is the interest on drawing?
- When guarantee is given to the partner by some of the partner, deficiency on such guarantees Borne by
- The term number of year purchased means
- Which of the following statement is correct
- Firm earn profit of 1,10,000. Normal rate of return is 10%. Assets of the firm are 11 lakh and liabilities 100000 value of goodwill by capitalization of average profit will be
- The ratio in which of partner surrender his share of profit in favour of a profit is known as
- The adjustment required at the time of reconstitution of a partnership firm is/are
- Pawan Raman and Sahib are partners. Before changing their profit sharing ratio to 5:3:2 they were sharing profit equally. WCR existed 100000 against which a claim exist at 20,000, amount will be credited to the capital account in their old profit sharing ratio will be
- Sacrificing ratio isb
- Unrecorded assets and liability are transferred to
- Accumulated looses are
- ABC are partners sharing profit in ratio 3 2 1. C retired new profit share will be
- The amount due to decreased partner is transferred to the credit of
- Loan by the decreased partner to a firm is transferred to
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