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

AccountancyA partnership firm has a Contingency Reserve of ₹58,000, against which an expected liability of ₹18,000 exists. On admission, what balance amount will be distributed among the old partners?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyInsurance Reserve is ₹22000. If there is no related claim what is its treatment on admission?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAdvertisement Suspense Account is ₹27000. How will it be adjusted at admission?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyInvestment Fluctuation Reserve is ₹40000 and investment value rises from ₹225000 to ₹238000. What is the correct treatment?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyInvestment Fluctuation Reserve is ₹28000 and loss on investment is ₹37000. What is the extra loss?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyInvestment Fluctuation Reserve is ₹32000. Book value of investment is ₹150000 and market value is ₹132000. How much will be distributed among old partners?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhich is the correct entry to close General Reserve ₹72000?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, the General Reserve of ₹36,000 is distributed among the old partners. What will be the balance of General Reserve in the balance sheet after reconstitution?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAdvertisement Suspense Account is ₹18000 at admission. How will it be adjusted?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyThe Workmen Compensation Reserve is ₹70,000 and the claim against it is ₹30,000. What amount will be distributed among the old partners?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf Profit and Loss Account has debit balance ₹25000 what is its treatment on admission?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhy is the reserve distributed among the old partners when a new partner is admitted?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAdjustment of old reserves and losses on admission shows which principle?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhich account is debited when the credit balance of the Profit and Loss Account is closed on admission?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyInvestments are ₹80000 and Investment Fluctuation Reserve is ₹12000. Value of investments becomes ₹82000. What is the treatment of the reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhat is the main reason for crediting the amount of general reserve to the old partners’ capital or current accounts when a new partner is admitted?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhen accumulated profits are distributed among the old partners at the time of a new partner’s admission, what is the effect on their capital?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWorkmen Compensation Reserve is ₹40,000 and the claim is also ₹40,000. How much will be distributed among the old partners?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyThere is no claim against Workmen Compensation Reserve. What is its treatment on admission?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission what does debit balance of Profit and Loss Account show?Class 12Reconstitution - Admission of a PartnerReservesEasy