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General Reserve

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

AccountancyThe old partners share profits in the ratio 4:3. The firm has a General Reserve of ₹49,000 and a Capital Reserve of ₹21,000. At the time of admission of a new partner, what total amount will be credited to the first old partner’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits and losses in the ratio of 5:2. The General Reserve is ₹84,000, and the Advertisement Suspense Account has a debit balance of ₹28,000. What net credit will be given to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, the old partners share profits in the ratio 7:2:3 and the General Reserve is ₹96,000. How much of this reserve will be credited to the second old partner’s account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, A and B share profits and losses in the ratio 2:1. The firm has a General Reserve of ₹45,000, and Preliminary Expenses of ₹15,000 are to be written off. What will be the net credit to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, A and B share profits in the ratio 6:5. The General Reserve is ₹66,000 and the Profit and Loss Account has a credit balance of ₹33,000. What total amount will be credited to A’s account out of these accumulated profits?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhich is the correct journal entry for closing General Reserve?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt admission General Reserve is ₹96000. Old partners A and B share 5:3. How much will be credited to A?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA partnership firm has a general reserve of ₹36,000. The old profit-sharing ratio of A and B is 5:4. On the admission of a new partner, what amount will be credited to B’s Capital Account as his share of the general reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyThe General Reserve is ₹52,000 and the debit balance of the Profit and Loss Account is ₹12,000. What will be the net accumulated profit?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhat type of balance does the General Reserve Account have?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA, B and C are partners sharing profits in the old ratio of 1:2:3. At the time of reconstitution, the general reserve is ₹60,000. What amount will be credited to C’s account in the old ratio?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyDespite the new partnership ratio of 2:2:1, in what ratio will the general reserve be distributed among the old partners if their old ratio was 3:2?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a partner, which account is debited in the entry for distributing general reserve among the old partners in their old profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share profits in the old ratio of 5:2. At the time of admission of a new partner, the general reserve is ₹49,000. How much of this amount will be transferred to A's account in the old ratio?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, how is accumulated profit or general reserve recorded in the old partners’ capital accounts?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission the general reserve shown in old balance sheet relates to which period?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA firm has a general reserve of ₹48,000, and the old profit-sharing ratio of partners A and B is 5:1. On admission of a new partner, what amount of the general reserve will be credited to B’s account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhich item is generally credited to old partners?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, in what ratio will the general reserve be distributed among the old partners if the new ratio is 3:2:1 and the old ratio is 4:1?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf accumulated profits or general reserve are not adjusted in the old partners’ accounts before the admission of a new partner, what problem will arise?Class 12Reconstitution - Admission of a PartnerReservesEasy