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Class 12 Accountancy

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

AccountancyA retired partner’s loan account has a balance of ₹70,000, carrying interest at 6% per annum. What will be the interest for one year?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyWhen the amount due to a retiring partner is transferred to the partner’s loan account instead of being paid in cash, what is the effect on the firm?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyOn retirement of a partner, if goodwill is not already recorded in the firm's books, from whose capital accounts is the retiring partner’s share of goodwill generally adjusted?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyAt the time of a partner’s retirement, which expression identifies the gaining share of a continuing partner?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosHard AccountancyA, B and C share profits in the ratio 7:6:5. After C retires, A and B agree to share future profits in the new ratio 5:4. What is the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosHard AccountancyA, B and C share profits in the ratio 3:1:6. C retires, and the new profit-sharing ratio of A and B becomes 2:1. What is the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyThe profit-sharing ratio of A, B, C and D is 2:3:4:1. D retires, and A, B and C acquire his share equally. What will be the new profit-sharing ratio of A, B and C?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyA, B and C share profits in the old ratio of 1:4:5. C retires, and the new profit-sharing ratio of A and B becomes 3:7. What will be the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyA, B and C share profits in the ratio 5:3:2. C retires, and the new profit-sharing ratio of A and B becomes 3:2. What is the correct gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyA, B and C share profits in the ratio 2:5:3. A retires, and B and C acquire A’s share in the ratio 3:2, respectively. What will be the new profit-sharing ratio of B and C?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosMedium AccountancyA, B and C share profits in the ratio 2:7:1. When A retires, B and C acquire A’s profit share equally. What will be the new profit-sharing ratio of B and C?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA, B and C share profits in the ratio 7:2:1. B retires, and A alone acquires B’s entire share of profit. What will be the new profit-sharing ratio of A and C?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosEasy AccountancyA and B share profits in the ratio of 5:3. The total of the credit side of the Revaluation Account is ₹70,000 and the total of the debit side is ₹30,000. What will be B’s share of the revaluation profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyOn the admission of a new partner, in which ratio is the premium for goodwill received distributed among the old partners?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA and B are partners. On admission, C is given a specified share of profit entirely from A’s share, while B’s old profit share remains unchanged. Which statement about the new profit-sharing ratio is correct?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA and B share profits in the ratio 4:3. They admit C for a 1/7 share of profits, acquired as 1/21 from A and 2/21 from B. What is the new profit-sharing ratio of A, B and C?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyKajal and Payal share profits in the ratio 3:5. Riya is admitted as a partner for a \(1/8\) share of profits. Kajal and Payal sacrifice Riya’s share in the ratio 3:1. What will be Payal’s new profit share?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyReema and Seema share profits in the ratio 5:3. In the reconstituted partnership, Neema receives \(\frac{1}{4}\) of the total profit and Reema’s new share is \(\frac{1}{2}\). What will be Seema’s new profit-sharing share?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA and B share profits in the ratio 5:3. C is admitted for a 1/4 share of the total profits, which is sacrificed by A and B in the ratio 1:2. What will be the new profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyA, B and C share profits in the ratio 3:3:2. D is admitted for a 1/8 share of the total profits. D’s share is acquired equally from A and B, with 1/16 taken from each. What will be the new profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard