Most Important MCQ | Fundamentals of partnership | CUET 2023. Must Practice these MCQ | Don't miss
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MICRO ECONOMICS CUET 2023
• ECONOMICS 2023 (XI)
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Partnership deed is also called Articles of partnership.
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Some Corrections -
20:25 Q18 is D
because it's loan to partner not loan to firm or loan from partner.
23:47 Q24 is A
reserves are shown in debit side of P&L appropriation a/c
27:20 Q30 is C because there were 3 partner so profit will be distributed 5000 each
Partnership deed is also known as Articles of partnership
Question 24 and 30 is correct as you are saying but question 18 i have doubt in that
Bro , in question 18 , it is not loan to partner
It is interest on loan to partner which means loan is given to firm by partner .
That's why sir se correct - option b
@@adikjain4950 have u read the line ,the last line of reason
Otherwise intrest is charged at the agreed rate of interest
Because in question deed is silent 😶 toh saval hi nhi bnta agreed rate ka toh 🥲
@@nidamalik7596 to ma'am otherwise likha hua h na, which means k agar koi agreed rate hota to uske according chalte...
yeahh truee I had same doubts!!Thanks
Sir, in question no 30 there are 3 partners so profit to A will be 5000.
Bro😭😭
@@justiceclarified8426 👍🙂
Yes ans.is c 5000
Yes
Yes👍
In Q24 Transfer to reserve is shown in p&l appropriation.
(A) is true and (R) is wrong option- C
You read it p&l A/C by mistake😅
Btw Thanks for MCQ series
Eco ki class krwai h sir ne.?
@@lakshaygupta635 bhai vo weekend lr ayegi ek bar schedule wali video check krlo 😊
Correct
@@GSOWNER1 kk thanks 👍
Correct ans....👍🏻
But it's Option 'A'
Best teacher for a reason 😍🔥
21:02 Article of partnership khata hai sir
Sir,in question 30 there are 3 partnes so profit to A will be 5000
Btw thanks for the mcq series
Hnn
Hn whi tho
yes but i feel sir should confirm that
Partnership Deed is also known as "Articles of partnership" .
20:54 In absence of partnership deed, interest on loan to a partner by a firm is not charged. But if a partner lends money to the firm it is charged at the rate of 6%. Please correct me if I am wrong.
Sir in Q no 30 there are three partners. So profit of 15,000 will be divided equally among them. So the answer will be 15,000÷3=5000 each.
Thank you sir for your hard work.
Q31
Na bro
You are right
Agreed
Sir was like sirf 2 partner hai😂
Sir in q16 the ans will be option A 1050 as avg time period will be 3.5 months
Sir you are feeling for commerce students ❤❤
Great sir 😍😍😍😍
In the question 30 the answer will be 5,000 coz there are 3 partners (By mistake sir has taken only 2 partners)...Thanks for your support sir😇
yes
Question 30 it would be a as absences of deed equal ratio for profit thankyou sir 😇 p and l appropriation dr side tranfer to general reserve shown but yeah it is not charge against profit
Sir, Q10. VIdit and Seema Profit and loss ratio is given 3:2 in question. At the time of calculation of interest on capital why will take the ratio of 10% int. ratio. I mean to say you are taking ratio of 1:2 (on the basis of given int) Why we will not take 3:2 while calculating the interest on capital as it given in the question.
and If we calculated the interest on capital of seema then answer would be 16000 ?sir please reply. I have my exam in this month only.
Thank you
Thanks alot sir... ❤
Ques 16 answer is also wrong
The average period in this case will be 3.5 months and interest on drawing is
30000*(12/100) *(3.5/12) = 1050 (int. on drawing for 6 months) and now for 12 months 1050+1050 = 2100
Kindly correct me if i am wrong...!
Yes u are wrong reffer new book bro there u find one new case in which u will find that 9.5 will come there
Sir , in Q30 , there are 3 partner a b c
So profit= 5000 option ,,,, c. 😅👍
Thanks sir just because of you i am able to understand every topic
23:40 anyone pls! Reserves toh p&l appropriation me hi tranfer hota hai? As it is not a charge against profits!
27:15 sir there are three partners so the share of profit will be 5000 not 7500
Q18 Isn't it Loan to a partner i.e loan given by firm to partner there should be no rate of interest because in absence of deed interest on loan GIVEN by PARTNER TO FIRM is charged 6% right?? Please correct me if I am wrong!! 🙏
Yes I also think that
yes..!
Yeah! I was thinking the same!!!!
How ??
its interest on loan given by firm which is 6%
thanks sir aap hamare liye 12th jaisi mehnat kar rahe hai please regularly video upload kijiye
In question 14
To find the intrest on capital we did 3,30,000×10/110
So is this 10/ 110 can be used for all such questions or only for this one??
Im also confused😢
In this question 330000 include 10% of intrest on capital so 300,000 is 100%
110% is 3,30,000 so we have to divide with10/110
Yeh Question no. 12th hai..
@@yashwanthyashwanth6631 so if it was 20 % then would it be 100/120???
@@devikavk5681 60000
In question number 24 correct answer is A because transfer to reserve is debited in p&l appropriation account!!🙌🙌🤲
Shi bola yrr whi to
reserves appropriation of profit hai na..?
Sir ne galti se P&l a/c padh liya
@@shivaprasad.d8796 yes
I m visited to comment box for resolve my query regarding this same question but now understood that there was little mistake done by Sunil sir ..but it's ok now
Dil s shukriya 🖤....sir......m apke bharoshe hu sir .......bsss ap rasta dikhao ...mnzil tk hmlog khud pahoch jayenge....🌝
Bda wala thnku for ur efforts sir ❤
sir in q18 it is talking about loan to partner and not about loan by partner.
if it was loan by partner then the statement will be correct.
Yeah you're right
27:19 Par equally distribute hoga to A's profit will be 5000 but you tick 7500
Sir in Q no 30 there are three partners. So profit of 15,000 will be divided equally among them. So the answer will be 15,000÷3=5000 each.
sir question no 18 m correction hoga kyuki usme loan to partner given h mtlb firm ne loan diya h liya nhi so correct answer willing be
Both (A) and (R) are incorrect.
Thanks for YT series
sir q32 me guarantee by firm haa to 5000+8000=13000 ka loss hoga jo dono partners bear karege equally.
thanks sir for your efforts.
Yes
@@arnavaggarwal5270 konse question par??
@@arnavaggarwal5270 qu'es no. 18
Sir In question no. 24 the correct answer is A. (A) is correct but (R) is false. 🙌
27:01 sir correct answer is 5000 as partners share of profit will be distributed equally.
Ha
Sir cuet kliye apke last year k video se parenge hum?...ya phir aap neya video upload karenge?
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Sir , their will be extra plan sheet for calculation???
18:52 sir waha pe 9.5 hoga ya 3.5 ??
Sir everything is well... But please upload video fast... We don't have that much time... Lots of love ❤
21:07 Article of partnership 😊
Articles of partnership is called as partnership deed
Sir Q.30 me aapne two partners samjh kar (a) par tick kar diya lekin yaha three partners hai aur is question me kaha deed is silent to profit equal divide hoga teeno partners me (A's share profit 5000)
partnership deed is also called article of partnership
Sir question 24 me assertion to shi hona chahiye
Transfer to reserve to p and l appropriation me hi ata h
Sir ek q me doubt he ki Jo q no 10 he usme ratio to de rakhi naa per to ham ratio se karenge naa
End tk dekha hu sir 🙏 mjja aa gaya
Ek dum dhakad level ki tyari shuru hi.
Thank you sir 🙏..
Sir,in question 30 there are 3 partnes so profit to A will be 5000
Thank you sir 😊😘👍
Sir int on loan to charge against profit hota hai to wo partner ke loss me kyu include hoga?. Q- 11
sir ne 30 question ka ans apne hisab se sahi hi bata h halaki ans 5k h lekin dhyan se suno 27:10 sir ne bola "dono partners" is liye unhone 7,500 pe tick kia
question no. 30 me tin partner h A, B ,C to 15000/3= 5000 ,....c hoga answer
Sir question no.3 mein likha hua h ki in the absence of aggreement interest on loan kya tab bhi interest on loan diya jayega
sir plzz vdo tgoda jldi dal diya kriye mai kal se intjar kr rha tha🙏🙏🙏🙏🙏🙏
Thanku sir....
23:35 sir i think transfer to reserve is shown p&l appropriation a/c Bea.... when I solve some illustration in fundamental then it's should be shown in ts grewal 🙏🙏🙏
yes you are correct correct option is A
No its shown in partners capital ac
@@AbhishekKumar-sb4zu statement pd bhai tu kaha partner capital me khud gaya ........... jaata hai mai ye nhi bol rha ki nhi jaata par question puch kya rha wo to dekh bhai 🤣
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1-2-3-4 Sunil sir on the Top🎉❤😊
20:47 Sir question 18 me answer(c) hoga kyuki usme loan by partner nhi loan to partner ki baat ho rhi hai
Interest ki baat ho rhi h loan ki nhi
Sir ji app ki jai hoo
Informative video ❤❤
Mistakes in video ( because sir ne galat padh lia tha qu'es)
Question no. 18 20:22
Both the statements are wrong because it's loan to partner
Question 24 23:26
Assertion is true but reason is false
Question 30 27:16
C- 5000 because there were 3 partners
Q18 is correct
Whenever internet on loan is given to partner
Charge amount is 6%
@@lilah_grey 😁 😊
Also question 16
@@PoornyGambles yeah i think answer is (a) am i right??
27:16
ans is 5000.
pin my comment sir ji ❤️🙏
In question no.10 my ans. Were 12k but i just paused the video and calculated again now it is 6k 😎
SIR CLASS N NOTES KHA MILENGE.......
Transfer to reserve wale questions mei a is correct but r is wrong aayega
Sab msg ko like karde jisse woh question kisi ka galat na ho and sir clear karde usko sab ke liye 😊
Ques 30 mei bhi answer 5000 hoga coz 3 partners h
Hmm
Sir , plz..tell us schedule of videos related to subject
THANKS ALOT
Partnership Deed is also known as Article of Partnership
Sir in 30th que can we solve it directly.. firm has a loss of 5000 and they guarantee 8000 to chanu so the total loss become 13000. And we guarantee profit to chanu so loss wilo be share in anu and banu in 1:1.. so they both will share a loss of 6500
nice questions
SIR IN QUESTION 31 , THERE ARE 3 PARTNERS NOT 2 , SO THE CORRECT OPTION WILL BE 3 I SUPPOSE PLEASE TELL THE ANSWER IN NEXT CLASS
sir que no 30
there are three partners
but you distributed profit in ratio 1:1 which is wrong
15000*1/3 =5000 option C is correct
Partnership deed is also called as ''article of partnership''.
Other subject ki video kab aayegi sir??
Thankyou sir ❤❤
Is answer of q 16 wrong??
Shouldn't it be 2100 as time period Should be 3.5 months.
SIR, There seems to be a mistake in que no. 30 as there are three partners . So, the answer is supposed to be 15000/3 = 5000/-
Partnership deed - article of partnership
21:04 articles of partnership
Q no.32 = total loss has to bear by the non guaranteed partners....
8000 + 5000 = 13000 X 1/2 = 6500....
Thank you sir cuet me bhi apne efforts Dene ke liye ❤❤❤
que no. 30's answer should be (c) because there are 3 partners and the ratio will be 1:1:1 which is 5000 each....
Yes
Koi nhi kabhi kabhi ho jati hai silly mistakes
@@buffi1518 yes exactly , sunil sir is the only teacher who made me to score above 90%.
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hello sir
there is a confusion between maximum partners 100/50.
as per your notes answer is 50 but as per kiran publishing answers it is 100.
Yes bro I also noticed this same ☝️
was eagerly waiting for the video
Sir 10 vale question me interest on drawing ke formula se bhi 6000 ara h ans to kya vo use kr skte h .. please Bta dijiea 🥲
Thank you sir for this series 💙💙
Bro cap k hisaab s ratio lo
@@justiceclarified8426 ow hn sorry 15000 x 5/10 = 7500 ! Thanks bro abhi galat ho jata 💙
We were waiting eagerly...
Thanks 👍👍👍
Sir question no 18 m correction hoga kyuki usme loan to partner given h mtlb firm ne loan diya h liya nhi so correct answer willing be
Both (A) and (R) are incorrect.
Thanks for YT series
Written agreement or Articles of Partnership or Partnership deed
Partnership deed also called article of partnership
Ques.19 partnership deed is also called Articles of Partnership
I was waiting for this thank u so much sir ❤ sir thora jaldi kara dete to thik rahta btw thank u so much sir
At 23:46 ka ans (a) hona chahiye.... sir ne (d) Kara hai.
Yes😅
@@anushkasingh2304 vahii yrr
@@suryanshyadav8164 ab sir bhi nhi kar skte khuch... Let it be.... We understood btw 🙃🙃
@@anushkasingh2304 👍👍
Articles of partnership
Sir jruri h ncert book se he pdhe cuet ke liye ??????
Question no.30 ka answer 5000 thousand hai kiyu ki partnership me 3 partners hai A,B and C or Profit 15000 hai or deed absent hai toh Profit equally distribute hoga according to Indian partnership act 1932
A profit 5000
B profit 5000
And C profit 5000
Sir ne galti se 7500 bta diyaa haii okay
Exactly 💯
Love ❤️ you sir jiiii