Skip to content

Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Class 12 Accountancy Reconstitution - Admission of a Partner ReservesHardLevel 25

Profit and Loss debit balance ₹54000 was written off in capital ratio 5:4 instead of old ratio 2:1. What was the correct effect on the second partner?

Answer and explanation

Correct answer: ₹6000 more debit

Second partner's correct loss was ₹18000 but wrong debit was ₹24000. So he was debited ₹6000 more.

Tags

profit and loss debiterror correctionold ratio

Frequently asked questions

What is the correct answer to this question?

₹6000 more debit

Why is this the correct answer?

Second partner's correct loss was ₹18000 but wrong debit was ₹24000. So he was debited ₹6000 more.

Which subject and chapter does this question cover?

This is a Class 12 Accountancy question. Chapter: Reconstitution - Admission of a Partner. Topic: Reserves.

Report question