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Admission Of Partner

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

AccountancyA and B share profits in the ratio of 7:3. The General Reserve is ₹50,000 and the Profit and Loss Account has a credit balance of ₹20,000. When these amounts are distributed among the old partners, what total amount will be credited to B?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of a partner’s admission, a Capital Reserve of ₹24,000 appears in the books. The old partners share profits in the ratio of 1:1. What is the correct accounting treatment for this Capital Reserve?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyThe Workmen Compensation Reserve is ₹70,000 and the claim against it is ₹30,000. What amount will be distributed among the old partners?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits and losses in the ratio of 5:3. The Profit and Loss Account has a debit balance of ₹32,000. What amount will be debited to A’s account in the old ratio?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIn a partnership firm, the old partners A, B and C share profits and losses in the ratio 4:3:1. At the time of admission of a new partner, the Reserve Fund amounts to ₹80,000. What share of the Reserve Fund will be credited to old partner C?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, the General Reserve is ₹30,000. If the old partners share profits in the ratio 2:1, how much will the second old partner, ‘B’, receive from the General Reserve?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhy is the reserve distributed among the old partners when a new partner is admitted?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, the Workmen Compensation Reserve is ₹60,000 and the claim against it is settled at ₹45,000. If the old partners A and B share profits in the ratio 3:2, what will be A’s share of the remaining reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyThe Investment Fluctuation Reserve has a balance of ₹10,000, while the fall in the value of investments is ₹14,000. What will be the accounting treatment of the excess ₹4,000?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of reconstitution, if the debit balance of the Profit and Loss Account is ₹27,000 and the old partners share profits in the ratio of 2:1, how much loss will be debited to the second partner’s account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, the general reserve is ₹90,000. If the old partners’ profit-sharing ratio is 2:3:4, how much will be transferred to the account of the third old partner?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share profits and losses in the ratio of 3:2. The Advertisement Suspense Account has a balance of ₹10,000. On writing off this amount in the old ratio at the time of admission of a partner, how much will be debited to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhat is the main reason for crediting the amount of general reserve to the old partners’ capital or current accounts when a new partner is admitted?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, the reserve fund is ₹72,000 and the old partners’ profit-sharing ratio is 4:3:2. How much amount will be credited to the first partner’s account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, the credit balance of ₹24,000 in the Profit and Loss Account was distributed in the new profit-sharing ratio. What should be the correct basis for its distribution?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhen accumulated profits are distributed among the old partners at the time of a new partner’s admission, what is the effect on their capital?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share profits in the ratio of 1:1. At the time of admission of a new partner, the general reserve is ₹40,000. What amount will be credited to the capital account of each old partner?Class 12Reconstitution - Admission of a PartnerReservesEasy 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 AccountancyA firm's Profit and Loss Account has a debit balance of ₹18,000. Partners A and B share profits and losses in the old ratio of 5:4. What amount will be debited to A's Capital Account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhy does the new partner not receive a share of the old General Reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy