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New Partner

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

AccountancyGeneral Reserve balance is kept in books even after admission. What may be its effect?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhy does a new partner not bear a loss arising from a normal revaluation at the time of admission?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyIf revaluation profit ₹66000 is wrongly shared equally among three including the new partner while old partners ratio was 2:1, how much wrong credit did the new partner receive?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyWhy does the new partner not share normal revaluation profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyA and B are old partners in 2:1. Revaluation Account shows loss ₹27000. Why will new partner C not be included in this loss?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyA and B share old profits in 5:4. Revaluation profit is ₹81000. Later C gets 1/5 share. What is C's share in revaluation profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyWhy is the new partner not directly affected by asset revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyWhat is the correct reason for not giving revaluation profit to the new partner?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyWhich statement about Revaluation Account is incorrect?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhy is revaluation loss not charged to the new partner?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf the new partner asks for a share in asset appreciation before admission then what is the correct accounting view?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhy is the new partner not given share in revaluation profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyWhy does the new partner not get a share in revaluation profit before admission?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyThe total goodwill of a firm is ₹54,000 and the new partner takes a 1/6 share. What is his share of goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyWhich formula gives the incoming partner's share of goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyA and B share profits in (3:2). C is admitted for (1/5) share. A and B share the remaining profit in old ratio. Goodwill is ₹50000. What is C's share of goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMedium AccountancyIf the new partner's share is (1/8) and the old partners' new ratio is (4:3:2), what is the complete new ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyThe old ratio is (1:2:2). A new partner takes (1/5) share and the first two old partners sacrifice equally. The third does not sacrifice. What is the new ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyIf the new partner's share is (3/13) and the old partners' new inter-se ratio is (5:3:2), what is the complete new ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyThe old ratio is 4:3:2. A new partner receives a 1/9 share only from the third partner. What is the new ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard