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Accumulated Profits

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

AccountancyOn a partner’s death, how is the deceased partner’s share of accumulated profits recorded in the partner’s capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is a deceased partner’s share of accumulated profits credited to their Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyOn the death of a partner, why is the partner’s share of accumulated profits up to the date of death added to the partner’s Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyOn the death of a partner, how is the partner’s share of accumulated profits accounted for?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyHow are accumulated profits treated for a deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhile calculating the amount due to a deceased partner, which of the following items is generally not included?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyHow is a deceased partner’s share of accumulated profits or general reserve adjusted on the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyAt the time of admission of a new partner, the Profit and Loss Account has a credit balance of ₹88,000 and the General Reserve is ₹44,000. The old partners share profits in the ratio 3:5:3. What amount will be credited to the second partner’s capital account?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 AccountancyA and B share old profits in the ratio 9:6. General Reserve ₹1,05,000 and Profit and Loss credit balance ₹45,000 were wrongly shared equally. How much less or more did A receive?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA partnership firm has a Reserve Fund of ₹81,000 and a Capital Reserve of ₹45,000. On the admission of a new partner, these amounts are to be distributed between the old partners, A and B, in their old profit-sharing ratio of 4:5. What total amount will be credited to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of admission of a new partner, the Profit and Loss Account has a credit balance of ₹75,000 and the General Reserve is ₹45,000. The old partners share profits in the ratio 1:2:3. What amount will be credited to the capital or current account of the third old partner?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 AccountancyA, B and C are old partners sharing profits in the ratio of 4:3:2. The General Reserve is ₹1,35,000 and the Profit and Loss Account has a debit balance of ₹45,000. On the admission of a new partner, what will be the net effect on C’s capital account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA, B and C share profits in the old ratio of 5:3:2. Accumulated profits total ₹1,50,000 and accumulated losses total ₹70,000. At the time of reconstitution, what net amount will be credited to B’s account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA and B share old profits in 7:5. General Reserve ₹84,000 and Profit and Loss credit balance ₹36,000 were wrongly shared equally. How much less or more did A receive?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhy does the new partner's account not appear in the entry for distributing accumulated profits?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt the time of admission of a partner, the Profit and Loss Account has a credit balance of ₹60,000 and the General Reserve is ₹30,000. The old partners share profits in the ratio 2:3:4. How much of these accumulated profits will be credited to the first partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA and B share old profits in 6:4. General reserve ₹70000 and Profit and Loss credit balance ₹30000 are wrongly shared equally. How much less or more did A receive?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA and B share old profits in the ratio of 5:3. The General Reserve is ₹96,000 and the Profit and Loss Account has a debit balance of ₹24,000. On the admission of a new partner, what will be the net effect on A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesHard