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Numerical Accounting

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

AccountancyA, B and C share profits in the ratio 2:7:6. B retires, and A and C’s new ratio is 3:5. What is A’s gain?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosHard AccountancyIf the deceased partner’s share is 5/18 and goodwill is ₹3,24,000, how much will be credited to the deceased partner’s executor for goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyA, B and C share profits in the ratio 6:4:2. C retires, and the firm's total goodwill is ₹ 168000. What is C's share of the goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyA, B and C share profits in the ratio 1:2:2. A retires, and the firm’s goodwill is ₹75,000. What amount will A receive as his share of goodwill?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium AccountancyAt the time of reconstitution, the book value of investments is ₹1,50,000 and the Investment Fluctuation Reserve is ₹22,000. If the value of investments falls to ₹1,36,000, what amount of the loss will be adjusted against the reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share profits and losses in the ratio 4:5. The Profit and Loss Account has a debit balance of ₹18,000. How much will be debited to A’s account in the old ratio?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share old profits in the ratio 3:1. The general reserve is ₹32,000. When distributed among the partners, what share of the general reserve will A receive?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyThe Profit and Loss Account has a debit balance of ₹42,000. The old partners share profits in the ratio of 3:4. On the admission of a new partner, how much will be debited to the second partner’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyThe book value of investments is ₹1,00,000 and the Investment Fluctuation Reserve is ₹15,000. If the value of the investments falls to ₹90,000, how much of the Investment Fluctuation Reserve will be used?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyDuring reconstitution, an asset decreases in value by ₹6,500 and a liability increases by ₹2,500. What will be the total loss in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyOn the admission of a new partner, a revaluation profit of ₹15000 was earned. If the old partners share profits in the ratio 3:2, what will be the second partner’s share?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyThe old provision for doubtful debts was ₹1,000 and the new provision required after reconstitution is ₹1,700. What will be its effect on the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyA and B share profits in the ratio 4:5. The total credit of the Revaluation Account is ₹88,000 and the total debit is ₹34,000. What will be A’s share of the profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf old partners A and B share profits and losses in the ratio of 3:1 and a revaluation profit of ₹28,000 arises, what amount will be credited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyUnder the weighted average profit method, profits are ₹70,000, ₹90,000 and ₹130,000 with weights 1:2:4. What is the weighted average profit?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHard AccountancyIf C is admitted to the firm for a 1/5 share and the firm's total goodwill is ₹2,50,000, but C brings only ₹40,000 as goodwill, what will be the deficiency in goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyThe firm’s goodwill is ₹1,50,000 and the new partner receives a 1/5 share. What is his goodwill premium?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA firm’s estimated total capital is ₹1,80,000 and its actual total capital is ₹1,55,000. What is the firm’s hidden goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA new partner brings ₹70,000 capital for a \(1/4\) share in the firm. Assuming the capital is contributed in proportion to the profit-sharing ratio, what is the estimated total capital of the firm?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyThe total goodwill of the firm is ₹65,000, and the new profit-sharing ratio of the partners is 2:2:1. What is the goodwill attributable to the third partner?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy