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Net Accumulated Profit

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

AccountancyA and B are partners sharing profits in the ratio of 5:4. The firm has a reserve balance of ₹54,000 and a debit balance in the Profit and Loss Account of ₹18,000. What will be the net effect of these two items?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyAt the time of admission of a new partner, A and B share profits and losses in the ratio of 3:2. If the net accumulated profit is ₹65,000, what amount will be credited to A’s account?Class 12Reconstitution - Admission of a PartnerReservesEasyAccountancyThe 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 PartnerReservesEasyAccountancyA and B share profits and losses in the ratio 3:2. At the time of reconstitution, net accumulated profit of ₹50,000 is to be distributed in the old ratio. How much will be credited to A?Class 12Reconstitution - Admission of a PartnerReservesEasyAccountancyThe old balance sheet shows a general reserve of ₹75,000 and a debit balance of ₹15,000 in the Profit and Loss Account. What is the net accumulated profit based on these items?Class 12Reconstitution - Admission of a PartnerReservesEasyAccountancyA and B share profits and losses in the ratio of 2:3. The firm has a reserve of ₹45,000 and a debit balance of ₹15,000 in the Profit and Loss Account. What will be the net effect of these items at the time of reconstitution?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyA and B share profits and losses in the ratio of 2:3. The General Reserve is ₹25,000 and the Profit and Loss Account has a debit balance of ₹10,000. What is the net accumulated amount to be distributed among the partners before the admission of a new partner?Class 12Reconstitution - Admission of a PartnerReservesMedium

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