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Accountancy Numerical

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyA, B and C share profits in the ratio 5:2:3. When B retires, A and C acquire B’s profit share in the ratio 4:1. What will be the new profit-sharing ratio?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosHard AccountancyAt the time of admission of a new partner, the Advertisement Suspense Account has a balance of ₹21,000. A and B share profits and losses in the ratio of 5:2. What amount will be debited to B’s Capital Account when this account is written off?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA firm has a general reserve of ₹48,000, and the old profit-sharing ratio of partners A and B is 5:1. On admission of a new partner, what amount of the general reserve will be credited to B’s account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA firm's Profit and Loss Account has a debit balance of ₹18,000. Partners A and B share profits and losses in the old ratio of 5:4. What amount will be debited to A's Capital Account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyDuring the reconstitution of a firm, the value of the building increased by ₹70,000 and the value of equipment decreased by ₹22,000. What will be the net result of the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA and B are partners sharing profits and losses in the ratio of 3:5. A loss of ₹48,000 arises in the Revaluation Account. What amount will be debited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyAt the time of admission of a partner, the value of office equipment is increased from ₹18,000 to ₹22,000. What will be the gain from the revaluation of the asset?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAt the time of admission, the credit total of the Revaluation Account is ₹92,000 and the debit total is ₹68,000. What will be the result of revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyThe value of land increased by ₹45,000, while the value of furniture decreased by ₹17,000. What will be the net result of revaluation of assets?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA and B share profits in the ratio of 7:3. On the admission of a new partner, a revaluation profit of ₹40,000 arises. This profit is to be distributed among the old partners. How much will be credited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyOld partners A and B share profits and losses in the ratio of 5:4. If a revaluation loss of ₹36,000 arises, what amount will be debited to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyUnder the average profit method of goodwill valuation, the total adjusted profit for four years is ₹240000. What is the average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyIf the average profit is ₹16,000 and the years’ purchase is 4, what will be the total goodwill under the average profit method?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyIf the average profit is ₹22,000 and the number of years’ purchase is 3, what will be the value of goodwill under the average profit method?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA new partner brings ₹45,000 as capital for a 1/4 share in the firm. Assuming that capital is proportional to the profit-sharing share, what is the estimated total capital of the firm?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyThe average profit is ₹3,90,000, the normal rate of return is 13%, and the actual capital is ₹27,00,000. What is the value of goodwill under the capitalization of average profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillExpert AccountancyThe super profit is ₹50,000 and the normal rate of return is 20%. What is the value of goodwill under the capitalization of super profit method?Class 12Partnership Accounts - Basic ConceptsGoodwillMedium AccountancyA and B have a sacrificing ratio of 4:1. The new partner brings ₹50,000 as goodwill. How much of this amount will A receive?Class 12Partnership Accounts - Basic ConceptsGoodwillEasy