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RELATED QUESTIONS

Accumulated Profit

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

AccountancyAccumulated profits are transferred to partners' capital accounts in which ratio on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyOn dissolution, how is the credit balance of the Profit and Loss Account treated?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioEasy AccountancyWhy is general reserve credited to partners' capital accounts on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, accumulated profits are recorded on which side of partners' capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyGeneral reserve is transferred to which side of partners' capital accounts on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyOn dissolution, how is the credit balance of the Profit and Loss Account distributed among partners’ capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, the balance of general reserve is recorded on which side of partners' capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn the death of a partner, in what form is the deceased partner’s share of the reserve fund included in the claim payable to him?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIf accumulated profit ₹80000 is distributed in new ratio including new partner instead of old partners what is the main accounting defect?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWhy is it wrong to distribute accumulated profit in the new profit sharing ratio?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyWhen may recording the net amount instead of separately recording reserve and accumulated loss be suitable?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWhy is it wrong to distribute accumulated profit in sacrificing ratio?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyWhen may recording the net amount instead of separately recording reserve and accumulated loss be acceptable?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWhy is the new partner not included while distributing accumulated profits?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA, B and C share profits in the old ratio of 4:3:1. The total accumulated profit is ₹96,000 and the total accumulated loss is ₹32,000. What net amount will be credited to B’s account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyIf the related claim against a reserve is zero what is its usual classification in exams?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyIf old partners' capital accounts are debited in the entry for closing an old reserve, what is the main error?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyIf old partners capital increases after reserve distribution what does it show?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyOld partners share 1:1:2. Profit and Loss credit balance is ₹60,000 and Preliminary Expenses are ₹20,000. What is the third partner's net credit?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyOld partners A and B share 11:4. Contingency Reserve is ₹75000 and there is no known liability. How much will be credited to B?Class 12Reconstitution - Admission of a PartnerReservesMedium