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Net Loss

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

AccountancyThe book value of a firm’s old vehicles decreases from ₹3,15,000 to ₹2,99,000. At the same time, an unrecorded toolkit worth ₹12,750 is discovered. What will be the net result of the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyAt the time of admission of a new partner, the book value of a car decreases from ₹2,40,000 to ₹2,08,000, while a bank loan decreases from ₹3,30,000 to ₹3,12,000. What will be the net effect in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyIf on admission assets decrease by ₹41000 and liabilities decrease by ₹28000. What will be the revaluation result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyAt the time of reconstitution, a vehicle was recorded in the firm’s books at ₹2,10,000. On revaluation, its value decreased to ₹1,92,000, and an unrecorded spare part worth ₹9,500 was found. What will be the net result in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyThe old stock is valued at ₹1,50,000. A portion worth ₹28,000 has become worthless, while the value of the remaining stock has increased by ₹12,000. What will be the net effect of revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyAt the time of admission of a partner, the market value of stock is ₹88,000 and its book value is ₹94,000. In addition, an insurance claim of ₹3,000 on the stock has been admitted. What will be the net effect on the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyOn admission 25 percent of a fixed asset of ₹200000 is considered obsolete and the remaining value increases by 10 percent. What is the net effect?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyThe book value of a firm’s office equipment is ₹98,000. During revaluation, its value is reduced by 15%, and an unrecorded office equipment worth ₹5,000 is also discovered. What will be the net result in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyIf there is only decrease in liabilities ₹22000 and decrease in assets ₹30000, what will be the revaluation result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyIf loss items are ₹14500 and gain items are ₹11000 then what is the net revaluation result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAt the time of admission of a partner, machinery is decreased by ₹9,000 and creditors are decreased by ₹3,000 in the revaluation. What will be the net result of revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf revaluation has asset decrease ₹7000 and liability decrease ₹2000 then what is the net result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyThere is loss of Rs 80000 and interest on drawings is Rs 12500. There is no other appropriation. What will be net loss to be distributed?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyThere is loss of Rs 50000 and interest on drawings is Rs 8000. There is no other appropriation. What will be net loss to be distributed?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIf a net loss remains in the appropriation account, in what form will it be transferred to the partners' accounts?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyIf firm has net loss what is the general treatment of interest on capital when deed says it is allowed only out of profit?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium