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Debit

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

AccountancyIf interest on drawings is one thousand rupees, what happens in partner's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyA ₹90000 loan is paid in four equal quarterly instalments. Ignoring interest, what will be the treatment of each instalment in the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHard AccountancyA ₹60000 loan is paid in three equal quarterly instalments. Ignoring interest, what will be recorded in the loan account after each instalment?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHard AccountancyA loan of ₹60000 is paid in three equal monthly instalments. Ignoring interest, what is the effect of each instalment on the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHard AccountancyDebit to which account will reduce the liability of a retiring partner's loan?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHard AccountancyWhen interest is credited to the retiring partner's loan account, which account should have the corresponding debit?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHard AccountancyWhen payment is made in instalments, each instalment is debited to which account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountEasy AccountancyWho is debited when goodwill is adjusted without opening goodwill account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyWhich account is debited while closing general reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhat is the effect of writing off accumulated losses on old partners capital?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf Revaluation Account shows loss, on which side will it be recorded in old partners capital accounts?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyIf on admission the value of a liability increases from ₹110000 to ₹125000, what will happen in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyRent paid in advance was ₹24000. On admission ₹10000 is considered expired. What is the correct effect in revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyOn admission old prepaid insurance of ₹18000 is considered useful only to the extent of ₹12000. What amount will go to Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyA customer claim of ₹19000 is admitted as hidden liability. Which account and side will be affected?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyRevaluation expense of ₹7500 is paid in cash on admission. What will be its effect in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyWhich account is debited when the value of an asset increases?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf an unrecorded liability of ₹3500 is found then what is recorded in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhich account is debited when an unrecorded liability is brought into books?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhy is an unrecorded liability debited to Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy