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RELATED QUESTIONS

General Reserve

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

AccountancyA and B share profits in the old ratio of 3:2. At the time of admission of a new partner, the general reserve is ₹50,000. How much will A receive from the general reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner to whom is general reserve given?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhich item should not be recorded in revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyWhat is the effect when general reserve is debited in Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyNet profit is Rs 85,000. Partner salary is Rs 15,000 and general reserve is Rs 10,000. What will be the remaining profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionEasy AccountancyProfit is Rs. 100,000 and a 10% general reserve is to be created. What will be the remaining profit after creating the reserve?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyIf a general reserve is to be created, how will it be adjusted in the Profit and Loss Appropriation Account?Class 12Partnership Accounts - Basic ConceptsAdjustmentsMedium AccountancyThe total profit is Rs 160,000 and a general reserve of 20% of profit is to be created. How much will be set aside as general reserve before distribution?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyProfit is Rs 1,20,000 and a general reserve is to be created at 15%. What will be the amount of the general reserve?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf a general reserve is created before distribution of profits, what is the effect on the profit remaining for distribution among partners?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyThe deed says profit will be distributed only after creating general reserve. Which principle does this show?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyThe deed states that twenty percent of profit will be transferred to the general reserve. If the total profit is Rs 90000, what amount will be transferred to the reserve?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpert AccountancyAccording to the firm's deed, 20% of the profit must be transferred to the general reserve. Net profit is ₹1,00,000. What amount will be transferred to the general reserve?Class 12Partnership Accounts - Basic ConceptsPartnership DeedHard