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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।

AccountancyIn a firm, A and B share profits and losses in the ratio of 4:3. At the time of admission, the General Reserve is ₹70,000 and the Capital Reserve is ₹42,000. New partner C is admitted. If both reserves are distributed among the old partners in their old ratio, what total amount will be credited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpertAccountancyThe Bad Debts Reserve is ₹32,000, while the actual bad debts are ₹41,000. The old partners share profits in the ratio 3:2. After adjusting the reserve, what additional amount will be debited to the first partner’s account?Class 12Reconstitution - Admission of a PartnerReservesExpertAccountancyAt the time of admission of a new partner, the Workmen Compensation Reserve is ₹1,20,000 and a claim of ₹45,000 exists against it. The remaining reserve is to be distributed among the old partners in the ratio 5:4:3. How much will be credited to the account of the third old partner?Class 12Reconstitution - Admission of a PartnerReservesExpertAccountancyA, B and C share profits in the ratio 3:2:1. The Profit and Loss Account has a credit balance of ₹72,000, and Advertisement Suspense Account has a debit balance of ₹30,000. On admission of a new partner, what will be C’s net share?Class 12Reconstitution - Admission of a PartnerReservesExpertAccountancyAt the time of admission of a new partner, the Workmen Compensation Reserve is ₹84,000, while the actual claim is ₹1,00,000. The old partners share profits and losses in the ratio of 7:5. What amount of the additional loss will be debited to the capital account of the first old partner?Class 12Reconstitution - Admission of a PartnerReservesExpertAccountancyThe old partners share profits in the ratio 3:4. The balance of Investment Fluctuation Reserve is ₹21,000 and preliminary expenses amount to ₹7,000. On the admission of a new partner, what will be the net effect on the first partner’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyAt the time of admission of a new partner, the old partners share profits in the ratio 2:3. The General Reserve is ₹50,000 and the distributable balance of the Workmen Compensation Reserve is ₹25,000. What total amount will be credited to the account of the second partner?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyIn a firm, a general reserve of ₹54,000 was distributed in the capital ratio 5:4 instead of the old profit-sharing ratio 2:1. Due to this error, how much less or more did the first partner receive than the correct amount?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyThe old Balance Sheet shows an Insurance Reserve of ₹44,000. If the insurance claim amounts to ₹16,000 and A and B share profits in their old ratio of 5:6, what will be B’s share of the remaining Insurance Reserve?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyA and B share profits and losses in the ratio of 3:2. At the time of admission, preliminary expenses are ₹25,000 and the debit balance of the Profit and Loss Account is ₹15,000. If these items are written off in the old ratio, what total amount will be debited to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyAt the time of admission of a new partner, the Contingency Reserve is ₹90,000, out of which ₹52,000 is required to cover an expected liability. The old partners share profits in the ratio 3:2. What will be the first partner’s share of the balance?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyThe Dividend Equalisation Reserve is ₹48,000 and the debit balance of the Profit and Loss Account is ₹18,000. If A and B share profits in the ratio 1:2, what will be the net effect in B’s account?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyThe Investment Fluctuation Reserve is ₹60,000, while the fall in the value of investments is only ₹25,000. If the old partners share profits in the ratio 7:5, what will be the first partner’s share of the balance reserve?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyAt the time of admission, a Reserve Fund of ₹1,08,000 is to be distributed among the old partners A, B and C in their profit-sharing ratio of 2:3:4. C’s share was mistakenly recorded as ₹30,000. By how much was C’s share under-recorded?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyA, B and C share old profits in the ratio 3:2:1. The Profit and Loss Account has a credit balance of ₹72,000, and Advertisement Suspense Expenditure is ₹18,000. On admission of a new partner, what net credit should be given to B?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyAt the time of admission of a new partner, if the old partners’ capital accounts are credited while closing the debit balance of the Profit and Loss Account, what accounting error does this indicate?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyThe Contingency Reserve is ₹64,000, and the related expected liability is ₹40,000. If A and B are partners sharing profits in the ratio of 3:5, how much will B receive from the remaining reserve?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyA firm has a General Reserve of ₹90,000 and a Dividend Equalisation Reserve of ₹30,000. On the admission of a new partner, if these reserves are to be distributed in the old ratio of 5:3, what total amount will be received by the second partner?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyA and B are partners sharing profits in the old ratio of 3:2. On the admission of a new partner, C, a general reserve of ₹50,000 was wrongly distributed among A, B and C in the new ratio of 2:2:1. How much less or more did A receive than the amount he should have received?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyThe Workmen Compensation Reserve is ₹1,20,000 and the claim against it is ₹85,000. At the time of admission of a new partner, old partners A and B share profits in the ratio of 4:3. What amount will be credited to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesHard

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