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Fluctuating Capital

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

AccountancyUnder Garner vs Murray if capitals are fluctuating then which capital is used for sharing deficiency?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyUnder the fluctuating capital system, to which account is the deceased partner’s share of profit up to the date of death usually credited?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpert AccountancyUnder fluctuating capital method what is the effect on old partners accounts when Profit and Loss debit balance is written off?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyUnder fluctuating capital method what is the effect on old partners accounts when Preliminary Expenses are written off?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyUnder fluctuating capital method what is the effect on old partners accounts when Advertisement Suspense is written off?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyUnder fluctuating capital method where is accumulated loss debited?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf the firm follows fluctuating capital method where will accumulated loss be debited?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf the firm follows fluctuating capital method where is revaluation loss generally debited?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyUnder fluctuating capital method revaluation loss will be debited to which account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhere is revaluation profit recorded under fluctuating capital method?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf capital accounts are fluctuating then where will revaluation loss go?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyUnder fluctuating capital method if the new partner does not bring goodwill in cash through which account can adjustment generally be made?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyIf old partners have fluctuating capital accounts, where is goodwill premium credited?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyUnder fluctuating capital method B's opening capital is ₹250000. Profit share is ₹60000 interest on capital is ₹20000 drawings are ₹70000 and interest on drawings is ₹5000. What is the closing capital?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyUnder fluctuating capital method closing capital is (₹160000), drawings (₹20000), interest on capital (₹12000) and profit share (₹30000). What was opening capital?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyUnder fluctuating capital method A has drawings of ₹30000 and interest on drawings of ₹2400. What is the effect on A's capital account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyUnder fluctuating capital method partner's salary is finally credited to which account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsExpert AccountancyPartner A has interest on capital ₹10000 and interest on drawings ₹1500. Under fluctuating capital method what is the net effect on A's capital account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsHard AccountancyUnder the fluctuating capital method, to which account is a partner’s salary credited?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyUnder fluctuating capital method opening capital is Rs 110000 profit share Rs 30000 salary Rs 12000 and drawings Rs 26000. What is closing capital?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium