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Asset Decrease

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

AccountancyIf on admission assets decrease by ₹41000 and liabilities decrease by ₹28000. What will be the revaluation result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyOld balance sheet shows prepaid advertisement of ₹36000. On admission its full benefit is considered expired. What will happen in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyA machine has book value ₹270000 and is valued at ₹234000 on admission. What will be the effect in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyOn admission old prepaid insurance of ₹18000 is considered useful only to the extent of ₹12000. What amount will go to Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyThe old firm shows patent at ₹60000. On admission half of the patent value is considered expired. What will happen in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyAn old vehicle has a book value of ₹90,000. It is decided to value it at ₹78,000, but it is not yet sold. What happens in revaluation at admission?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyWhich item will be placed on the debit side of Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf there is only decrease in liabilities ₹22000 and decrease in assets ₹30000, what will be the revaluation result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyBuilding book value was ₹250000 and after revaluation it became ₹220000. What is the correct entry in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyIf the value of a liability decreases and at the same time the value of an asset also decreases how will the net result be calculated?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyAt the time of reconstitution, which of the following items is recorded as a loss in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyHow is a decrease in intangible asset treated in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf the value of a warehouse is reduced, how will the reduction appear in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyWhich account is credited when the value of an asset decreases?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAt the time of admission of a new partner, on which side of the Revaluation Account is a decrease in the value of debtors recorded?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf the value of vehicles is reduced on the admission of a partner, what type of revaluation effect is it?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf machinery value decreases from ₹150000 to ₹120000 what will be the effect in revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyWhich is the correct journal entry for decrease in value of an asset?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyOn which side of Revaluation Account is a decrease in asset value recorded?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy