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

AccountancyIf Revaluation Account has profit and the firm follows fixed capital method where may the profit be transferred?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyIf balance of Revaluation Account is transferred to old partners current accounts what capital method may it indicate?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyUnder fixed capital method revaluation loss will be debited to which account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhere is revaluation profit recorded under fixed capital method?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf old partners' capital accounts are fixed then to which account is revaluation profit transferred?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyUnder fixed capital method if goodwill is not brought in cash which account is more suitable to credit old partners?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyIf the firm follows fixed capital method and the new partner does not bring goodwill where can the goodwill adjustment generally be made?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyOld partners have fixed capital accounts and goodwill adjustment is required. Through which account can shortfall or excess be adjusted?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyThe incoming partner brings only half of his goodwill share in cash. Which account is usually debited for the unpaid part?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyIf goodwill adjustment is to be made through current accounts instead of capital accounts, what does this mean?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyIf goodwill is to be adjusted through current accounts and A is the gaining partner what will happen to A's current account?Class 12Partnership Accounts - Basic ConceptsGoodwillHard AccountancyUnder fixed capital method A's current account had an opening credit balance of ₹12000. A received salary ₹30000 and had drawings ₹38000. What will be the closing current account balance?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyPartner A paid a firm expense of ₹16,000 from his personal bank account. The profit had already been determined, and this expense was not recorded in the books. What is the correct double effect?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyUnder fixed capital method what does a debit balance in a partner's current account indicate?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyA B and C maintain fixed capitals. C's current account had an opening debit balance of ₹5000. During the year C's profit share is ₹22000 and drawings are ₹30000. What is the closing current account balance?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyUnder fixed capital method B is entitled to interest on capital ₹12000 and salary ₹18000. Which account will be credited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyThe firm paid ₹12,000 for partner A’s personal expense in cash but recorded it as a business expense. What effect will the rectifying entry have on A’s account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyUnder fixed capital method interest on A's drawings is ₹1500. Which account will be debited?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyB's Current Account has an opening credit balance of Rs 8,000, commission of Rs 7,000, and interest on drawings of Rs 2,500. What is the closing balance?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyA's current account has an opening debit balance of Rs 6000; salary of Rs 14000 was credited and drawings were Rs 5000. What is the closing balance?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium