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Accumulated Profit

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

AccountancyA and B are old partners sharing 3:2. Bad Debts Reserve is ₹25000 and there are no additional bad debts. How much will be credited to A?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyProfit and Loss Account has credit balance ₹45000. Old partners A and B share 4:1. What is B share?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf Insurance Reserve appears in the old balance sheet and no claim is pending what is its usual treatment on admission?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf accumulated profit is distributed in new ratio what should be the correct basis for correction?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyHow is Contingency Reserve usually treated on admission if there is no specific liability?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf accumulated profit is not adjusted, the new partner may wrongly get a share in what?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhich of the following is an example of accumulated profit?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, how is accumulated profit or general reserve recorded in the old partners’ capital accounts?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhat is the basis for distributing accumulated profits among old partners?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf Dividend Equalisation Reserve appears in the old balance sheet what is its usual treatment on admission?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhich of the following is an old accumulated profit item?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhen accumulated profit or a general reserve is distributed among the old partners, on which side are the old partners’ capital accounts recorded?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a partner, how is the credit balance of the Profit and Loss Account treated?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B are old partners sharing 9:4. Bad Debts Reserve is ₹26000 and there are no additional bad debts. How much will be credited to A?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhat type of item is credit balance of Profit and Loss Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhich item comes under accumulated profit?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhy is accumulated profit not given to the new partner at admission?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyProfit and Loss Account has credit balance ₹54000. A B and C are old partners in 2:2:5. What is C share?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B are old partners sharing 5:2. Contingency Reserve is ₹49000 and there is no known liability. How much will be credited to B?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhich of the following items is an example of accumulated profit?Class 12Reconstitution - Admission of a PartnerReservesMedium