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Old Profit Sharing Ratio

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

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 AccountancyThe Investment Fluctuation Reserve is ₹60,000, while the fall in the value of investments is only ₹25,000. If the old partners share profits in the ratio 7:5, what will be the first partner’s share of the balance reserve?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA, B and C share old profits in the ratio 3:2:1. The Profit and Loss Account has a credit balance of ₹72,000, and Advertisement Suspense Expenditure is ₹18,000. On admission of a new partner, what net credit should be given to B?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyThe Workmen Compensation Reserve is ₹1,20,000 and the claim against it is ₹85,000. At the time of admission of a new partner, old partners A and B share profits in the ratio of 4:3. What amount will be credited to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of admission of a new partner, A, B and C share profits in the old ratio of 2:3:5. The general reserve is ₹1,50,000 and preliminary expenses are ₹30,000. What net amount will be credited to C’s capital or current account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA and B share old profits in the ratio of 5:3. The General Reserve is ₹96,000 and the Profit and Loss Account has a debit balance of ₹24,000. On the admission of a new partner, what will be the net effect on A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyOld partners A and B share profits and losses in the ratio of 8:7. The firm has a Capital Reserve of ₹45,000 and a debit balance of ₹15,000 in the Advertisement Suspense Account. On the admission of a new partner, what will be the net effect on Partner A’s capital account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits and losses in the ratio of 5:2. The General Reserve is ₹84,000, and the Advertisement Suspense Account has a debit balance of ₹28,000. What net credit will be given to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, the old partners share profits in the ratio 7:2:3 and the General Reserve is ₹96,000. How much of this reserve will be credited to the second old partner’s account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA, B and C share profits in the ratio 3:1:2. The Profit and Loss Account has a debit balance of ₹48,000. How much will be debited to C’s account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhy is it wrong to distribute accumulated profits in the new ratio?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, A, B and C share profits in the ratio 5:2:1. If the Capital Reserve is ₹64,000 and is to be distributed among the old partners in their old ratio, what will be B’s share?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyThe Profit and Loss Account of a partnership firm has a debit balance of ₹36,000. The old partners A and B share profits and losses in the ratio of 7:5. At the time of reconstitution, what amount will be debited to partner A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of a new partner’s admission, A, B and C are old partners sharing profits in the ratio 2:3:4. The Reserve Fund is ₹108000. What amount will be credited to C’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of reconstitution, the Dividend Equalisation Reserve is ₹24,000. A and B are the old partners and share profits equally. How much will each partner receive from the reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA partnership firm has a general reserve of ₹36,000. The old profit-sharing ratio of A and B is 5:4. On the admission of a new partner, what amount will be credited to B’s Capital Account as his share of the general reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share profits and losses in the ratio 8:5. The firm has a net accumulated loss of ₹39,000. What amount will be debited to B’s Capital Account for this loss?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, A and B share profits and losses in the ratio of 3:2. If the net accumulated profit is ₹65,000, what amount will be credited to A’s account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the admission of a new partner, if the old profit-sharing ratio of the existing partners is not given, in what ratio are they generally assumed to share profits?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA, B and C are partners sharing profits in the old ratio of 1:2:3. At the time of reconstitution, the general reserve is ₹60,000. What amount will be credited to C’s account in the old ratio?Class 12Reconstitution - Admission of a PartnerReservesEasy