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Contingency Reserve

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

AccountancyA firm has a Contingency Reserve of ₹82,000, against which the expected liability is ₹27,000. On the admission of a new partner, what amount will be distributed among the old partners?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyA firm has a Contingency Reserve of ₹50000, against which an expected liability of ₹38000 is estimated. On the admission of a new partner, what balance of the reserve will be distributed among the old partners?Class 12Reconstitution - Admission of a PartnerReservesEasyAccountancyHow is Contingency Reserve usually treated on admission if there is no specific liability?Class 12Reconstitution - Admission of a PartnerReservesEasyAccountancyThe Contingency Reserve amounts to ₹25,000, whereas the actual liability is ₹31,000. What will be the additional loss in this situation?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyA partnership firm has a Contingency Reserve of ₹58,000, against which an expected liability of ₹18,000 exists. On admission, what balance amount will be distributed among the old partners?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyA and B are old partners sharing 5:2. Contingency Reserve is ₹49000 and there is no known liability. How much will be credited to B?Class 12Reconstitution - Admission of a PartnerReservesMedium

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