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Excess Claim

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

AccountancyIf workmen compensation claim is more than the reserve then the excess claim affects which account?Class 12Dissolution of a Partnership FirmPartner AccountsMediumAccountancyAt the time of admission of a new partner, the Workmen Compensation Reserve is ₹96,000, whereas the actual claim is ₹1,26,000. The old partners share profits in the ratio of 5:3. What amount will be debited to the first partner’s capital account as his share of the additional loss?Class 12Reconstitution - Admission of a PartnerReservesExpertAccountancyA firm's Insurance Reserve is ₹44,000, whereas the insurance claim admitted is ₹62,000. At the time of admission of a partner, what will be the accounting treatment of the excess claim amount?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyWorkmen Compensation Reserve is ₹65000 and actual claim is ₹88000. What is the correct treatment of the excess claim?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyIn a firm, the Workmen Compensation Reserve is ₹72,000, while the Workmen Compensation claim amounts to ₹92,000. The old partners share profits in the ratio 3:2. What amount of the claim exceeding the reserve will be debited to the second partner’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpertAccountancyAt the time of admission of a new partner, the Insurance Reserve is ₹26,000, while the insurance claim amounts to ₹39,000. How will the excess claim of ₹13,000 be treated in the accounts?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyWorkmen Compensation Reserve is ₹55000 and claim is ₹72000. What is the correct accounting effect of the excess claim?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyAt the time of admission of a new partner, the Workmen Compensation Reserve is ₹84,000, while the actual claim is ₹1,00,000. The old partners share profits and losses in the ratio of 7:5. What amount of the additional loss will be debited to the capital account of the first old partner?Class 12Reconstitution - Admission of a PartnerReservesExpertAccountancyInsurance Reserve is ₹30,000 and the claim is ₹42,000. How will the excess claim be treated?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyThe Workmen Compensation Reserve is ₹75,000, whereas the actual claim is ₹92,000. At the time of admission of a partner, which account will be debited for the excess claim, and by what amount?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyWorkmen Compensation Reserve is ₹52000 and claim is ₹65000. What is the extra loss?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyWorkmen Compensation Reserve is ₹35,000 and the claim is ₹42,000. What is the excess claim?Class 12Reconstitution - Admission of a PartnerReservesEasyAccountancyThe Workmen Compensation Reserve is ₹45,000, while the workmen compensation claim is ₹60,000. What amount does the claim exceed the reserve by?Class 12Reconstitution - Admission of a PartnerReservesEasyAccountancyWorkmen Compensation Reserve is ₹36000 and claim is ₹50000. What is the extra effect?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyWorkmen Compensation Reserve is ₹45000 and claim is ₹60000. What will be the effect on old partners?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyWorkmen Compensation Reserve is ₹25000 and claim is ₹31000. The excess claim will be related to which account?Class 12Reconstitution - Admission of a PartnerReservesEasy

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