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Debtors

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

AccountancyWhat will happen when ₹4,000 is collected from the firm's debtors?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyDebtors are ₹216,000. The old provision is ₹10,800 and the new provision required is 4% of debtors. What is the effect in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyDebtors are ₹1,84,000. Bad debts of ₹9,000 are to be written off and a 3% provision is to be made on the balance. What is the total revaluation debit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyDebtors are ₹180000. Bad debts of ₹12000 are to be written off and 5 percent provision is required on the balance. If old provision is ₹6000, what is the total additional loss?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyDebtors amount to ₹1,50,000, and the existing provision for doubtful debts is ₹5,000. On the admission of a partner, a provision of 8% on debtors is required. What additional loss should be recorded in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyDebtors are ₹124000. Old provision ₹7000 is to be changed to 6 percent of debtors. What is the effect in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyDebtors are ₹96,000. Bad debts of ₹6,000 are to be written off and a 5% provision is to be made on the balance. What is the total revaluation loss?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyIf debtors decrease by ₹5000 and creditors decrease by ₹5000 at the same time. What will be the revaluation result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyAfter revaluation, the revised balance sheet must show debtors at ₹58,000. Old debtors were ₹65,000 and there was no separate provision. What is recorded in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA and B are old partners sharing profits in the ratio of 7:5. During revaluation, the value of the building increases by ₹24,000 and the value of debtors decreases by ₹9,000. What is A’s share of the net revaluation profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyDebtors are ₹100000. Bad debts of ₹6000 are written off and a 4 percent provision is required on the balance. What is the total revaluation loss?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyJust before admission a 5 percent provision for doubtful debts is created on debtors of ₹80000. How much will be debited to Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyDebtors amounting to ₹8,200 became bad debts. What will be the effect in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA firm’s debtors amount to ₹1,50,000. At the time of reconstitution, a new provision of 6% for doubtful debts is to be created. What loss will be recorded in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf there was no earlier provision and now provision for doubtful debts is created then what type of item is it?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf debtors are ₹30000 and a new provision of ₹1200 is required then what happens in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAt the time of reconstitution, bad debts of ₹6,500 were identified from the debtors. What is the correct accounting effect?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyDebtors decreased by ₹9000 and bills payable decreased by ₹14000. What will be the net result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA firm's debtors are ₹1,00,000, and a provision for doubtful debts at 4% is to be created. What loss will be recorded in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyAt the time of admission of a new partner, on which side of the Revaluation Account is a decrease in the value of debtors recorded?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy