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Accumulated Loss

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 and losses in the ratio 4:1:5. The General Reserve is ₹1,50,000 and the accumulated loss is ₹50,000. After adjusting the reserve against the accumulated loss, how much will be credited to C’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyOld partners A and B share profits and losses in the ratio of 5:3. The General Reserve is ₹80,000 and the accumulated loss is ₹1,04,000. What will be the net effect on A’s Capital Account on the admission of a new partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyIf the General Reserve is ₹95,000 and the debit balance of the Profit and Loss Account is ₹1,10,000, what is the first conclusion after adjustment?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of a partner’s admission, what is the main accounting error in adjusting accumulated loss by including the new partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAccumulated profit is ₹64,000 and accumulated loss is ₹100,000. In the old ratio of 7:5, what is the net effect on the second partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyWhich entry is correct for distributing accumulated loss ₹56000 among old partners in old ratio?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWhen may recording the net amount instead of separately recording reserve and accumulated loss be suitable?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA, B and C are partners sharing profits in the ratio 7:2:1. The General Reserve is ₹80,000 and the accumulated loss is ₹30,000. On the admission of a new partner, these items are adjusted through the old partners’ capital accounts. How much will be credited to A’s capital account after this adjustment?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyThe old balance sheet shows a debit balance of ₹50,000 in the Profit and Loss Account. A new partner is admitted for a 1/4 share in future profits. What will be the new partner’s share in this accumulated loss of the old period?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of admission of a partner, if the General Reserve is ₹80,000 and the Profit and Loss Account has a debit balance of ₹95,000, what conclusion should be drawn after adjustment?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyInstead of capital ratio what is the correct ratio for sharing accumulated loss?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAccumulated profit is ₹54,000 and accumulated loss is ₹81,000. In old ratio 4:5 what is the net effect on the second partner?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf old partners capital accounts are credited while writing off accumulated loss what will be the effect?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyWhich entry is correct for distributing accumulated loss ₹42000 among old partners in old ratio?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWhen may recording the net amount instead of separately recording reserve and accumulated loss be acceptable?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA, B and C share profits and losses in the ratio 6:3:1. The General Reserve is ₹1,00,000 and the accumulated loss is ₹20,000. At the time of reconstitution, how much will be credited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAccumulated loss was shared in the capital ratio instead of the old profit-sharing ratio. What should be the correct basis for correction?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of admission of a new partner, if the old partners’ capital accounts are credited while closing the debit balance of the Profit and Loss Account, what accounting error does this indicate?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA and B share old profits in 4:1. Profit and Loss debit balance ₹25000 was wrongly shared equally including the new partner. What is the wrong debit to the new partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyOld partners share 2:3. Profit and Loss debit balance is ₹25000 and Advertisement Suspense is ₹15000. What is the total accumulated loss?Class 12Reconstitution - Admission of a PartnerReservesMedium