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Question 27 Chapter 2 – Class 12 Part 1 Unimax

Question 27 Chapter 2 - Class 12 Part 1 Unimax

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Question 27 Chapter 2 – Class 12 Part 1 Unimax

27. Show how the following will be recorded in the capital and current accounts of Moon and Star.

 Moon (Rs.) Star (Rs.)
Capital as on 1st April, 202175000100000
Current A/c as on 1st April, 20215000(Cr.)3000(Dr.)
Share of Profit20001500
Drawings100002500
Interest on Capital750010000
Interest on Drawings600150
Salary300200

The solution of Question 27 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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