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Asset Contribution

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

AccountancyA contributed building as capital and firm also accepted outstanding tax on building. What will be deducted while finding net credit to capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA contributed equipment as capital. Agreed value is sixty thousand rupees and firm took over liability of twelve thousand rupees on it. If he also brought five thousand cash what is total credit to capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA partner contributed a personal car to the firm as capital with agreed value two lakh rupees. The firm accepted outstanding loan of fifty thousand rupees on it. What amount will be credited to capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf a partner contributes personal asset as capital and agreed value differs from market value which value should be recorded in capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA opening capital is one lakh rupees. During the year machinery worth forty thousand rupees was brought as capital and firm accepted liability of ten thousand rupees on it. Later drawings were fifteen thousand rupees. Under fluctuating method what is closing capital if there are no other items?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyA partner contributed a personal building as capital with book value forty thousand rupees and agreed value forty five thousand rupees. What amount will be credited to capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf a partner brings furniture as capital what will be the correct journal effect?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium AccountancyIf a partner contributes machinery as capital what happens to the partners capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy