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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।

AccountancyAt the time of admission, prepaid advertisement worth ₹7,200 was found to be unrecorded in the books and is now being recorded. What will be its effect on the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyDebtors amounting to ₹8,200 became bad debts. What will be the effect in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyThe debit total of the Revaluation Account is ₹87,000 and the credit total is ₹59,000. What will be the result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyThe credit total of the Revaluation Account is ₹1,05,000 and the debit total is ₹76,000. What will be the result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyDuring the reconstitution of a firm, the value of the building increased by ₹70,000 and the value of equipment decreased by ₹22,000. What will be the net result of the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyThe existing provision for an asset is ₹12,000, while the new provision required after revaluation is ₹15,000. What amount will be debited to the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA firm’s debtors amount to ₹1,50,000. At the time of reconstitution, a new provision of 6% for doubtful debts is to be created. What loss will be recorded in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA and B are partners sharing profits and losses in the ratio of 3:5. A loss of ₹48,000 arises in the Revaluation Account. What amount will be debited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA and B share profits and losses in the ratio of 2:1. At the time of admission of a new partner, the Revaluation Account shows a profit of ₹36,000. This profit is to be distributed among the old partners. What amount will be credited to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIn the Revaluation Account, an asset increases in value by ₹9,000 and a liability decreases by ₹4,000. What is the total value of the gain items?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf commission payable of ₹4,200 is recorded in the books for the first time, what will be its effect on the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyTwo old partners share profits in equal proportions. At the time of admission of a new partner, revaluation of assets results in a loss of ₹5,000. How much of this loss will be allocated to each old partner?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyTwo old partners share profits in equal proportions. At the time of admission of a new partner, revaluation of assets results in a profit of ₹7000. What amount of this profit will be credited to each old partner’s account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIn which situation is no entry made in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAt the time of admission of a partner, if the debit total of the Revaluation Account is ₹8000 and the credit total is ₹12500, what will be the balance of the account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAt the time of admission of a new partner, if the Revaluation Account shows a profit and it is credited to the old partners’ Capital Accounts, what will be the effect on their capital?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyThree old partners share profits in the ratio 1:3:2. A revaluation loss of ₹12,000 is incurred. What will be the second partner’s share of this loss?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf a revaluation loss of ₹18,000 is incurred and the old partners share profits and losses in the ratio 4:5, how much loss will be debited to the first partner’s account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAt the time of admission of a new partner, a loan is reduced from ₹36,000 to ₹33,000. What effect will be recorded in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf the amount of a loan increases from ₹50,000 to ₹54,000, what will be its effect on the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy