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Capital

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

AccountancyWhy is a retiring partner's loan account kept separate from the capital account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhich item is normally considered separately in partners capital adjustment and not as an asset revaluation item?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHardAccountancyWhich item will generally not be recorded in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpertAccountancyTo whom is loss on revaluation debited?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMediumAccountancyThe new partner could not bring full goodwill premium. Through which account is the shortfall adjusted?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyWhen is hidden goodwill generally calculated?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyWhich account is debited when old goodwill is written off?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyWhat is used to calculate normal profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasyAccountancyC brings ₹80000 as capital for (1/4) share. Total capital of old partners is ₹210000. What is hidden goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyIf a partner brings personal furniture into the firm as capital which account will be credited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMediumAccountancyUnder fixed capital method A capital is fifty thousand and current account credit ten thousand. B capital is forty thousand and current account debit five thousand. What is net partners claim?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHardAccountancyIf closing credit balance of capital account is wrongly shown on assets side of balance sheet what error occurs?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHardAccountancyIf interest on capital is one thousand rupees and share of loss is three thousand rupees what is the net effect on capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasyAccountancyWhat is the correct accounting effect of recording drawings in the capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasyAccountancyWhich rule applies when partners capital is credited in capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasyAccountancyIf the deed requires loan and capital to be kept separate, how will additional amount given by a partner be identified?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpertAccountancyThe deed allows ten percent interest on capitals of Rs 40000 and Rs 60000 for A and B respectively. What will be total interest on capital?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpertAccountancyIf the deed gives equal rights to partners but one partner brings more capital, how will management rights be decided?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpertAccountancyIf the deed is silent, what is the rule for interest on capital contributed by partners?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpertAccountancyIf the partnership deed gives separate interest rates for loan and capital, which rate applies to a partner's loan?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy

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