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Question 26 Chapter 2 – Class 12 Part 1 Unimax

Question 26 Chapter 2 - Class 12 Part 1 Unimax

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Question 26 Chapter 2 – Class 12 Part 1 Unimax

26. Show how the following will be recorded in the capital accounts of partners Ram and Sham when their capitals are fluctuating.

 Ram (Rs.)Sham (Rs.)
Capital as on 1st April, 2021600000400000
Drawings20000080000
Interest on Capital8%8%
Interest on Drawings60002400
Share of Profit7500050000
Salary2400018000
Commission75006000

The solution of Question 26 Chapter 2 – Class 12 Part 1 Unimax

Partner’s Capital Accounts

End of Solution


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The solution to all questions of Chapter No. 2 – Partnership Accounts – I (Basic Concepts) Class 12 Unimax is shown as follows, click on the image of the question to get the solution.

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1. Comprehensive Solutions for All Chapters of Advanced Accountancy Part 1 Class 12 by Unimax

UnimaxSolutions.in offers a comprehensive solution for students studying Advanced Accountancy Part 1 in Class 12. With their meticulously curated study material, students can access comprehensive solutions to all the questions included within each chapter. By selecting the chapter name from the study material, students can easily navigate through the topics and find detailed explanations and step-by-step solutions to the problems presented in that section. Whether it’s understanding complex accounting concepts, mastering calculation techniques, or analyzing financial statements, Unimax provides a valuable resource to aid students in their learning journey. With these comprehensive solutions at their disposal, students can enhance their understanding, clarify doubts, and improve their problem-solving skills in Advanced Accountancy, ensuring they are well-prepared for their Class 12 examinations.

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Punjab School Education Board (PSEB) Solutions of Usha Publication.

If you’re a student enrolled in the Punjab School Education Board Class 12, it’s essential to explore a wide range of books to cover the syllabus thoroughly. While the prescribed textbooks are undoubtedly valuable, supplementing your studies with additional resources can enhance your understanding and knowledge. Consider checking out other books that align with the curriculum, offering different perspectives and insights on the subjects you’re studying. These supplementary materials can provide you with alternative explanations, practice questions, and examples that may aid in clarifying complex concepts. Moreover, exploring diverse sources can expose you to a variety of writing styles and viewpoints, fostering a broader understanding of the subjects. So, seize the opportunity to expand your learning by delving into other books that can complement your studies and contribute to your academic growth.

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