Test Details

Partners👬 Ship🚢

Oct 18, 9:30 PM

15 minutes

Oct 18, 9:45 PM

11.0 marks

MCQ

11 questions

Shakti Singh

Class Details

Accountancy

FEEL THE COMMERCE

Accountancy

More from Shakti Singh

(12)

Test

b-com

Accountancy

0 Likes

9 Views

Shakti Singh

Apr 24, 2022

Homework

class-11th

Accountancy

0 Likes

3 Views

Shakti Singh

Apr 20, 2022

Homework

class-11th

Accountancy

0 Likes

5 Views

Shakti Singh

Apr 19, 2022

Homework

Partnership 1

class-11th

Accountancy

0 Likes

4 Views

Shakti Singh

Apr 18, 2022

Homework

ROE

class-11th

Accountancy

0 Likes

3 Views

Shakti Singh

Mar 02, 2022

Homework

Trail Balance

class-11th

Accountancy

0 Likes

3 Views

Shakti Singh

Mar 02, 2022

Homework

FSA

class-11th

Accountancy

0 Likes

11 Views

Shakti Singh

Feb 27, 2022

Test

Admission Of Partnership

b-com

Accountancy

0 Likes

16 Views

Shakti Singh

Nov 17, 2021

Test

Accounting Ratio

b-com

Accountancy

0 Likes

19 Views

Shakti Singh

Oct 26, 2021

Test

Financial Statements

class-12th

Mathematics

0 Likes

21 Views

Shakti Singh

Oct 23, 2021

Lecture

journal

b-com

Accountancy

0 Likes

15 Views

Shakti Singh

May 25, 2021

Lecture

Lecture 2021-05-24

b-com

Accountancy

0 Likes

18 Views

Shakti Singh

May 24, 2021

Recommended Content

(20)

Test

Partners 1

b-com

Accounts

0 Likes

6 Views

Simran Hora

Oct 30, 2021

Test

Partners

b-com

Accounts

0 Likes

7 Views

Simran Hora

Oct 30, 2021

Homework

Admission Of Partners

cacmacsfoundation

Accountancy

0 Likes

74 Views

Ajay Pandey

Oct 28, 2021

Test

Admission of partners

class-12th

Accountancy

0 Likes

21 Views

VINEET KUMAR PATHAK

Nov 18, 2021

Homework

North Ship

class-7th

English

0 Likes

5 Views

preeti singh parihar

Jan 13, 2022

Test

P Ship

class-12th

Accountsandeconomics

0 Likes

13 Views

Manish Kumar soni

Dec 12, 2021

Test

Change in Profit-Sharing Ratio Among the Existing Partners

class-12th

Accountancy

1 Likes

9 Views

Rohit sir

Jan 25, 2022

Test

P Ship

class-12th

Accountsandeconomics

0 Likes

10 Views

Manish Kumar soni

Dec 12, 2021

Homework

North Ship

class-7th

English

0 Likes

3 Views

preeti singh parihar

Jan 13, 2022

Homework

Partner Ship

class-12th

Accounting

0 Likes

13 Views

Ashok Lal Das

Feb 02, 2022

Test

death of partners

class-12th

Book-Keepingaccount

0 Likes

2 Views

swati pawar

Feb 01, 2022

Test

admission of partners

class-12th

Book-Keepingaccount

0 Likes

9 Views

swati pawar

Jan 31, 2022

Test

Marketing

b-com

Accountancy

0 Likes

10 Views

Niraj joshi

Jan 24, 2022

Study Material

IMG-20220125-WA0010

b-com

Accountancy

0 Likes

3 Views

Ajit Singh

Jan 25, 2022

Test

Analysis Of Financial Statement S

b-com

Accountancy

0 Likes

6 Views

Niraj joshi

Jan 24, 2022

Homework

Accountancy

b-com

Accountancy

0 Likes

12 Views

Rohit commerce classes

Jan 17, 2022

Homework

Final Statement With Adjustment

b-com

Accountancy

0 Likes

12 Views

Taniya Gumber

Jan 11, 2022

Test

Retirement Of A Partner

b-com

Accountancy

0 Likes

0 Views

Amar Sorout

Jan 14, 2022

Homework

Accountancy

b-com

Accountancy

0 Likes

2 Views

Vinayak Bansal

Jan 11, 2022

Homework

Accountancy

b-com

Accountancy

0 Likes

2 Views

Vinayak Bansal

Jan 10, 2022

Question Text

Question 1 :
To start a partnership business, what should be the minimum number of partners? A) 2 B) 10 C) 4 D) 20

Question 3 :
What happens when interest on drawings is charged to partner?A) Credited to partner’s current a/c B) Not shown in current account C) Debited to partner’s capital a/c D) None of the above

Question 4 :
What type of agreement is used to form a partnership business? A) Written agreement B) Oral agreement C) Written or oral agreement D) None of them

Question 5 :
. Which types of partnership have no agreement in terms of the duration of partnership? A) Partnership-at-will B) Limited partnership C) General partnership D) Particular partnership

Question 6 :
In which kind of partnership one partner has unlimited liability and other partner have limited liability? A) Partnership-at-will B) Limited liability partnership C) General partnership D) Particular partnership

Question 7 :
Which is not a feature of a partnership business? A) Ease of formation B) Limited liability C) Limited life D) Mutual agency

Question 8 :
X and Y are partners in a business sharing profit and losses in the ratio of 3 : 2. They admit Z as a new partner with 1 / 5 share in the profits. Calculate the new profit sharing ratio of the partners. 12 : 8 : 5 12 : 8 : 6 12 : 7 : 6 12 : 3 : 7

Question 9 :
X and Y sharing profits in the ratio of 7 : 3, admit Z for 3/7 share in the new firm in which he takes 2/7 from X and 1/7 from Y. The new ratio of X, Y and Z will be : 7 : 3 : 3 4 : 2 : 3 14 : 6 : 15 29 : 11 : 30

Question 10 :
The partners may be declared bankrupt in what form? Individually Jointly Both individually and jointly None of the above

Question 11 :
Under Section 2(b) of the Indian Partnership Act, ‘business’ Includes (a) every trade and occupation (b) every occupation and profession (c) every trade, occupation and profession (d) every trade and profession

More from Shakti Singh

Recommended Content

Learn from Anywhere on Any Device