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Capital Account

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

AccountancyWhy is revaluation profit not directly entered in the retiring partner's loan account while preparing it?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyWhat happens to capital account when the amount due is transferred to loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyA retiring partner’s loan account is prepared after which stage?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhich account is finally prepared before recording the unpaid amount in a retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyWhat happens to capital account when amount due is transferred to loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyIf final amount due to retiring partner is transferred to loan account what happens to capital account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMediumAccountancyWhen the amount is transferred from the retiring partner's capital account to loan account, which account is debited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasyAccountancyIf the retiring partner capital account shows debit balance what can his goodwill share do?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpertAccountancyIf C’s share of goodwill is ₹1,50,000 and A and B bear this amount in the ratio 3:2, what amount will be debited to A’s Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyOn the death of a partner, the firm's goodwill is valued at ₹54,000. The gaining partners gain in the ratio 4:2:3. What amount will be debited to the capital account of the second gaining partner for the adjustment of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyIf A's goodwill is ₹ 96000 and only C gains then what will be the effect on C's capital?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyWhen D retires from the partnership firm, D’s share of goodwill is valued at ₹84,000. B and C gain equally from D’s retirement. By how much will B’s Capital Account be debited to adjust D’s goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyIf retiring A's goodwill is ₹ 72000 and only C gains then what will be the effect on C's capital?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyGoodwill of ₹72,000 appears in the old books. Partners A, B and C share profits in the old ratio of 7:3:2. When the goodwill is written off, by how much will B’s Capital Account be debited?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyThe retiring partner's goodwill is ₹ 54000. Continuing partners gain in 4:5. By how much will the second partner's capital be debited?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyWhat is the effect of writing off old goodwill on partners capital accounts?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMediumAccountancyWhen retiring partner's goodwill is adjusted through continuing partners' capital accounts which account will be credited?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyIf gaining ratio is 5:3 and retiring partner's goodwill is ₹ 64000 then by how much will the second partner's capital be debited?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyIf the retiring partner's goodwill is ₹ 27000 and one continuing partner's share in gaining ratio is zero then what is the effect on his capital?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHardAccountancyIn retirement goodwill adjustment the effect is most clearly shown in which account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium

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