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Capital Account Adjustment

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

AccountancyA partner takes over stock valued at ₹8,000 and also pays ₹2,000 cash to the firm. What is the net effect in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyA, B and C are partners sharing profits in the ratio 5:3:4. At the time of reconstitution, the General Reserve is ₹60,000 and the Profit and Loss Account has a debit balance of ₹1,08,000. What will be the net effect of these two items on C’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA, B and C are old partners sharing profits in the ratio of 3:4:5. The General Reserve is ₹1,44,000 and the Profit and Loss Account has a debit balance of ₹24,000. On the admission of a new partner, what will be the net effect on B’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyThe profit-sharing ratio of two old partners in a firm is 6:5. The balance of Investment Fluctuation Reserve is ₹44,000, while Preliminary Expenses of ₹11,000 are still un written. On the admission of a new partner, what will be the net effect on the capital account of the second old partner?Class 12Reconstitution - Admission of a PartnerReservesHard