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Accumulated Losses

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

AccountancyAt the time of dissolution of a firm, in which ratio are accumulated losses transferred to the partners’ capital accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn dissolution the balance of accumulated losses is transferred to which account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyThe total claim payable to a deceased partner is ₹1,48,000. If an accumulated loss of ₹8,000 is to be adjusted against it, what will be the revised claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyAt the time of a partner’s death, the total claim payable to the partner’s executor is ₹1,27,000. If the accumulated loss to be adjusted is ₹7,000, what will be the revised claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the death of a partner, how is the deceased partner’s share of accumulated loss recorded in his account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the death of a partner, a total amount of ₹1,25,000 is due to him. His share of accumulated loss is ₹5,000. What will be the net claim of the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIn a partnership firm, how does the deceased partner’s share of accumulated loss affect the amount payable to the executor?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhat effect will the deceased partner’s share of accumulated loss have on the partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyIf the deceased partner has a share in accumulated losses, what effect will it have on the amount payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyThe Profit and Loss Account has a debit balance of ₹42,000, and preliminary expenses amount to ₹30,000. The old partners share profits in the ratio of 5:4. What total debit will be charged to the first partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA, B and C share profits in the old ratio of 6:3:1. The total accumulated profit is ₹2,00,000 and the total accumulated loss is ₹80,000. On admission of a new partner, what net amount will be credited to B’s account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyThe debit balance of the Profit and Loss Account is ₹30,000 and Preliminary Expenses amount to ₹18,000. The old partners share profits in the ratio 2:7. At the time of admission of a new partner, what total amount will be debited to the second old partner’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA, B and C share profits in the ratio 5:1:2. At the time of admission of a new partner, the firm’s Profit and Loss Account has a credit balance of ₹96,000 and the Advertisement Suspense Account has a debit balance of ₹40,000. After adjustment in the old partners’ accounts, what net amount will be credited to A’s account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyThe Profit and Loss Account has a debit balance of ₹24,000, and Preliminary Expenses amount to ₹16,000. The old partners share profits in the ratio 3:5, with the second partner holding a 5/8 share. What total debit will be charged to the second partner at the time of reconstitution?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt the time of admission of a new partner, in which ratio is the debit balance of the Profit and Loss Account distributed among the old partners?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhen both accumulated profit and accumulated loss exist at the time of a partner’s admission, what is the quick and correct method of adjustment?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a partner, what is the effect of adjusting accumulated losses on the old partners’ capital?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, in which ratio do the old partners bear the accumulated losses?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyThe deed says the incoming partner will not share old losses. How will accumulated losses be treated at admission?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert