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Adjustment Entry

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

AccountancyAfter the Realisation Account has been closed, how is an error or omitted item generally rectified?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyThe new partner does not bring goodwill in cash. His goodwill is ₹42,000 and the sacrificing ratio is 2:3:1. How much will be credited to the second old partner?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyA new partner does not bring goodwill of ₹30,000 in cash. The old partners’ sacrificing ratio is 1:2:3. In the adjustment entry, how much will be credited to the third old partner’s account?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHardAccountancyNew partner does not bring goodwill in cash. In general adjustment, which account will be debited?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasyAccountancyIf the new partner cannot bring his share of goodwill in cash, which account is usually debited?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasyAccountancyIf in past profits A received ₹2,000 in excess and B received ₹2,000 less, what is the final adjustment entry?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasyAccountancyIf profit was distributed in wrong ratio and now only difference entry is to be passed what is it called?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasyAccountancyIf old accounts are not to be reopened what type of entry is suitable?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasyAccountancyIn an adjustment entry, the account of a partner from whom an amount is recoverable is shown on which side?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasyAccountancyIn an adjustment entry, the account of a partner who is to receive a benefit appears on which side?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasyAccountancyA was paid Rs 96,000 according to the old profit-sharing ratio but under the correct calculation he should have received only Rs 84,000. In the adjustment, what will be the treatment of A's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpertAccountancyA was paid Rs 72,000 under the old profit-sharing ratio, while his correct share is Rs 64,000. How should A's account be treated in the adjustment entry?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpertAccountancyIf A received Rs 48,000 under the old ratio but should have received Rs 60,000 under the new (correct) ratio, what will be the adjustment entry in A's account?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert

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