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Net Effect

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

AccountancyA takes stock of ₹14500 and pays expenses of ₹3500 on behalf of the firm. What is the net effect on A's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf a partner takes over a liability of ₹16,000 and goods worth ₹6,000, what is the net effect on the partner’s capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsEasy AccountancyIf a partner takes an asset of five thousand rupees and pays one thousand rupees cash, what is the net effect?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes liability of eleven thousand rupees and also takes an asset of four thousand rupees, what is the net effect?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf interest ₹9600 is credited to retiring partner loan account and principal payment ₹40000 is made what is the net decrease in total liability?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMedium AccountancyIf interest ₹4800 is credited to loan account and full interest is paid by bank on the same day what is the effect on principal loan?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMedium AccountancyIf interest ₹7200 is credited to loan account and full interest is paid by bank on same day what is the effect on principal loan?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMedium AccountancyIf interest ₹5400 is credited to loan account and immediately the full interest is paid through bank what is the net effect on loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountMedium AccountancyOld goodwill in books is ₹108000 and ratio is 5:2:2. New goodwill is ₹270000 and B retires. What is the net goodwill effect on B?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyOld goodwill in books is ₹77000 and ratio is 2:3:2. New goodwill is ₹140000 and B retires. What is the net goodwill effect on B?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyOld goodwill in books is ₹60000 and ratio is 3:2:1. New goodwill is ₹120000 and C retires. What is the net goodwill effect on C?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyDividend Equalisation Reserve is ₹90,000 and Advertisement Suspense Expenditure is ₹30,000. In the old ratio of 4:6, what is the net effect for the second partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyReserve Fund is ₹168,000 and Preliminary Expenses are ₹48,000. In the old ratio of 5:7, what will be the net effect for the first partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA, B and C share profits in the old ratio of 2:6:4. The General Reserve is ₹72,000 and the debit balance of the Profit and Loss Account is ₹96,000. After adjusting both items in the old ratio, what will be the net effect on B?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyOld ratio is 8:7. Reserve Fund is ₹75000 and Profit and Loss debit balance is ₹30000. What is the net effect for the first partner?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyThe Dividend Equalisation Reserve is ₹48,000 and the debit balance of the Profit and Loss Account is ₹18,000. If A and B share profits in the ratio 1:2, what will be the net effect in B’s account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of admission of a new partner, the old profit-sharing ratio is 9:6. The General Reserve is ₹75,000 and Preliminary Expenses are ₹45,000. What will be the net effect on the first partner after adjustment in the old ratio?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyWhen both accumulated profit and accumulated loss exist at the time of a partner’s admission, what is the quick and correct method of adjustment?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a partner, the book value of computers decreases from ₹88,000 to ₹68,000, while the value of a loan decreases from ₹1,50,000 to ₹1,42,000. What will be the net effect on the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyBefore the admission of a partner, investments were recorded in the books at ₹60,000. Their market value is ₹54,000, and accrued interest of ₹2,000 is receivable separately. What will be the net effect on the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert