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Insurance Reserve

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

AccountancyThe Special Insurance Reserve is ₹85,000 and the insurance claim is ₹31,000. The old partners share profits in the ratio 7:6. After adjusting the insurance reserve, what amount will be credited to the second partner’s account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyFree Insurance Reserve is ₹63000 and there is no insurance claim. Old partners share 5:4. How much will be credited to the first partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA 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 PartnerReservesHard AccountancyAt the time of a partner’s admission, the Insurance Reserve is ₹68,000 and the insurance claim is ₹26,000. If the remaining reserve is distributed between the old partners in the ratio 2:5, how much will the second partner receive?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyFree Insurance Reserve is ₹45000 and there is no insurance claim. Old partners share 8:7. How much will be credited to the first partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt 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 PartnerReservesHard AccountancyAt the time of reconstitution of a firm, the Insurance Reserve is ₹52,000 and the insurance claim is ₹22,000. After adjusting the claim, how much of the remaining Insurance Reserve will the second partner receive in the old partnership ratio of 3:2?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyFree Insurance Reserve is ₹36000 and there is no insurance claim. Old partners share 5:4. How much will be credited to the second partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyInsurance Reserve is ₹30,000 and the claim is ₹42,000. How will the excess claim be treated?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyThe old Balance Sheet shows an Insurance Reserve of ₹44,000. If the insurance claim amounts to ₹16,000 and A and B share profits in their old ratio of 5:6, what will be B’s share of the remaining Insurance Reserve?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyInsurance Reserve is ₹38000 and there is no related claim. What is its treatment on admission?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf Insurance Reserve appears in the old balance sheet and no claim is pending what is its usual treatment on admission?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyInsurance Reserve is ₹22000. If there is no related claim what is its treatment on admission?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyThe Insurance Reserve is ₹12,600. If it is treated as a free reserve like the General Reserve, what will be done with it when a new partner is admitted?Class 12Reconstitution - Admission of a PartnerReservesMedium