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A, B and C had capitals of Rs. 50,000; Rs. 40,000 and Rs. 30,000 respectively for carrying on business in partnership. The firm’s reported profit for the year was Rs. 79,200. As per provisions of the Indian Partnership Act, 1932, find out the share of each partner in the above amount after taking into account that no interest has been provided on an advance by A of Rs. 20,000, in addition to his capital contribution.a)Rs. - 27,200 for Partner B and C & Rs. -26,000 for partner Ab)Rs. 26,667 each partnerc)Rs. 33,333 for A, Rs. 26,667 and Rs. 20,000 for Cd)Rs. 30,000 each partnerCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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the CA Foundation exam syllabus. Information about A, B and C had capitals of Rs. 50,000; Rs. 40,000 and Rs. 30,000 respectively for carrying on business in partnership. The firm’s reported profit for the year was Rs. 79,200. As per provisions of the Indian Partnership Act, 1932, find out the share of each partner in the above amount after taking into account that no interest has been provided on an advance by A of Rs. 20,000, in addition to his capital contribution.a)Rs. - 27,200 for Partner B and C & Rs. -26,000 for partner Ab)Rs. 26,667 each partnerc)Rs. 33,333 for A, Rs. 26,667 and Rs. 20,000 for Cd)Rs. 30,000 each partnerCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam.
Find important definitions, questions, meanings, examples, exercises and tests below for A, B and C had capitals of Rs. 50,000; Rs. 40,000 and Rs. 30,000 respectively for carrying on business in partnership. The firm’s reported profit for the year was Rs. 79,200. As per provisions of the Indian Partnership Act, 1932, find out the share of each partner in the above amount after taking into account that no interest has been provided on an advance by A of Rs. 20,000, in addition to his capital contribution.a)Rs. - 27,200 for Partner B and C & Rs. -26,000 for partner Ab)Rs. 26,667 each partnerc)Rs. 33,333 for A, Rs. 26,667 and Rs. 20,000 for Cd)Rs. 30,000 each partnerCorrect answer is option 'A'. Can you explain this answer?.
Solutions for A, B and C had capitals of Rs. 50,000; Rs. 40,000 and Rs. 30,000 respectively for carrying on business in partnership. The firm’s reported profit for the year was Rs. 79,200. As per provisions of the Indian Partnership Act, 1932, find out the share of each partner in the above amount after taking into account that no interest has been provided on an advance by A of Rs. 20,000, in addition to his capital contribution.a)Rs. - 27,200 for Partner B and C & Rs. -26,000 for partner Ab)Rs. 26,667 each partnerc)Rs. 33,333 for A, Rs. 26,667 and Rs. 20,000 for Cd)Rs. 30,000 each partnerCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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Here you can find the meaning of A, B and C had capitals of Rs. 50,000; Rs. 40,000 and Rs. 30,000 respectively for carrying on business in partnership. The firm’s reported profit for the year was Rs. 79,200. As per provisions of the Indian Partnership Act, 1932, find out the share of each partner in the above amount after taking into account that no interest has been provided on an advance by A of Rs. 20,000, in addition to his capital contribution.a)Rs. - 27,200 for Partner B and C & Rs. -26,000 for partner Ab)Rs. 26,667 each partnerc)Rs. 33,333 for A, Rs. 26,667 and Rs. 20,000 for Cd)Rs. 30,000 each partnerCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
A, B and C had capitals of Rs. 50,000; Rs. 40,000 and Rs. 30,000 respectively for carrying on business in partnership. The firm’s reported profit for the year was Rs. 79,200. As per provisions of the Indian Partnership Act, 1932, find out the share of each partner in the above amount after taking into account that no interest has been provided on an advance by A of Rs. 20,000, in addition to his capital contribution.a)Rs. - 27,200 for Partner B and C & Rs. -26,000 for partner Ab)Rs. 26,667 each partnerc)Rs. 33,333 for A, Rs. 26,667 and Rs. 20,000 for Cd)Rs. 30,000 each partnerCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for A, B and C had capitals of Rs. 50,000; Rs. 40,000 and Rs. 30,000 respectively for carrying on business in partnership. The firm’s reported profit for the year was Rs. 79,200. As per provisions of the Indian Partnership Act, 1932, find out the share of each partner in the above amount after taking into account that no interest has been provided on an advance by A of Rs. 20,000, in addition to his capital contribution.a)Rs. - 27,200 for Partner B and C & Rs. -26,000 for partner Ab)Rs. 26,667 each partnerc)Rs. 33,333 for A, Rs. 26,667 and Rs. 20,000 for Cd)Rs. 30,000 each partnerCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of A, B and C had capitals of Rs. 50,000; Rs. 40,000 and Rs. 30,000 respectively for carrying on business in partnership. The firm’s reported profit for the year was Rs. 79,200. As per provisions of the Indian Partnership Act, 1932, find out the share of each partner in the above amount after taking into account that no interest has been provided on an advance by A of Rs. 20,000, in addition to his capital contribution.a)Rs. - 27,200 for Partner B and C & Rs. -26,000 for partner Ab)Rs. 26,667 each partnerc)Rs. 33,333 for A, Rs. 26,667 and Rs. 20,000 for Cd)Rs. 30,000 each partnerCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice A, B and C had capitals of Rs. 50,000; Rs. 40,000 and Rs. 30,000 respectively for carrying on business in partnership. The firm’s reported profit for the year was Rs. 79,200. As per provisions of the Indian Partnership Act, 1932, find out the share of each partner in the above amount after taking into account that no interest has been provided on an advance by A of Rs. 20,000, in addition to his capital contribution.a)Rs. - 27,200 for Partner B and C & Rs. -26,000 for partner Ab)Rs. 26,667 each partnerc)Rs. 33,333 for A, Rs. 26,667 and Rs. 20,000 for Cd)Rs. 30,000 each partnerCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.