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Capital Adjustment

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

AccountancyWhy is premium for goodwill not treated as normal income of the firm?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasyAccountancyWhy is new goodwill not shown after writing off old goodwill if Goodwill Account is not opened?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyIf the question does not clearly instruct to open Goodwill Account, what caution should usually be taken?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasyAccountancyIf goodwill is not to be shown in the firms books but adjustment is needed on admission what is the usual method?Class 12Partnership Accounts - Basic ConceptsGoodwillHardAccountancyC brings in ₹1,50,000 as capital for a one-fourth share. On this basis, the total capital of the firm is ₹6,00,000, while the actual adjusted capital is ₹5,20,000. What is the amount of hidden goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillMediumAccountancyIf a new partner brings only capital but not goodwill amount separately how can old partners be given goodwill?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyIf a new partner cannot bring goodwill in cash how can adjustment be made?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyA new partner cannot bring goodwill in cash. How can his share be adjusted?Class 12Partnership Accounts - Basic ConceptsGoodwillEasyAccountancyIf the final result is a loss, how will it be recorded in the partners' accounts?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasyAccountancyIf current accounts must be closed before adjusting partners capitals in profit ratio what should be done first?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpertAccountancyIf debit balance of current account is to be adjusted into capital account what entry will be made?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpertAccountancyA and B have actual capitals of Rs 330000 and Rs 180000. Capitals are to be maintained in ratio two to one and total capital is to remain same. What should A do?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpertAccountancyA and B's capitals are to be in the profit-sharing ratio 7 : 3. The total capital is Rs 4,00,000. What is A's required capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpertAccountancyA and B capitals are Rs 200000 and Rs 120000 respectively. Profit ratio should be two to one and Bs capital is to be taken as base. What should A do?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpertAccountancyIf capitals are to be adjusted in profit ratio and no partner is allowed to withdraw money how can excess capital position be handled?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpertAccountancyIf capital accounts are to be adjusted in profit ratio and bringing additional capital is not allowed how may the deficiency of a partner be adjusted?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpertAccountancyThree partners capitals should be in ratio one to two to three. Total capital is Rs 480000 and first partners actual capital is Rs 90000. What should the first partner do?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpertAccountancyA adjusted capital is one lakh rupees and B adjusted capital is sixty thousand rupees. Profit ratio is three to two. Taking A capital as base what is B deficiency or excess?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHardAccountancyIf capital accounts must be maintained in a fixed ratio as per deed when is capital adjustment done after revaluation?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHardAccountancyA and B have capitals of Rs 1,10,000 and Rs 70,000 respectively. The firm wants equal capitals while keeping total capital unchanged. Which adjustment is correct?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium

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