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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।

AccountancyTwo old partners share profits in the ratio 3:2. The firm has a General Reserve of ₹50,000 and a Capital Reserve of ₹25,000. On the admission of a new partner, what total amount will be credited to the capital account of the second old partner?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits and losses in the ratio of 4:3. The General Reserve is ₹70,000 and the Advertisement Suspense Account has a balance of ₹21,000. At the time of admission of a new partner, what will be the net credit to B’s account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyThree old partners share profits in the ratio 6:2:1, and the General Reserve is ₹81000. How much will be credited to the account of the third old partner when the reserve is distributed?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA, B and C share the debit balance of ₹54,000 in the Profit and Loss Account in the ratio 4:2:3. What amount will be debited to B’s account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits in the ratio 7:5. The General Reserve is ₹48,000 and the Profit and Loss Account has a credit balance of ₹24,000. On the admission of a new partner, what total amount will be credited to A’s account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA, B and C share profits in the ratio 3:5:4. The firm has a Capital Reserve of ₹72,000. What will be B’s share of this reserve?Class 12Reconstitution - Admission of a PartnerReservesMedium 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 AccountancyAt the time of admission of a new partner, a firm's Reserve Fund has a balance of ₹63,000. The old partners share profits in the ratio 5:4. What amount of the Reserve Fund will be credited to the second old partner?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyOn the admission of a new partner, preliminary expenses of ₹15,000 are to be written off. The old partners A and B share profits in the ratio 2:1. How much will be debited to A’s Capital Account when these expenses are written off?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits in the ratio 3:2. The firm has a general reserve of ₹50,000, and a new partner C is admitted. What problem may arise if the reserve is not distributed among the old partners at the time of admission?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhy is the sacrificing ratio not used to distribute accumulated reserves among the old partners when a new partner is admitted?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhich ratio is the basis for distributing reserves?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyBefore the admission of a new partner, A, B and C share profits and losses in the ratio 3:2:1. The General Reserve is ₹90,000. When it is distributed among the old partners, what will be B’s share?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits in the ratio of 7:3. The General Reserve is ₹50,000 and the Profit and Loss Account has a credit balance of ₹20,000. When these amounts are distributed among the old partners, what total amount will be credited to B?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of a partner’s admission, a Capital Reserve of ₹24,000 appears in the books. The old partners share profits in the ratio of 1:1. What is the correct accounting treatment for this Capital Reserve?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits and losses in the ratio of 5:3. The Profit and Loss Account has a debit balance of ₹32,000. What amount will be debited to A’s account in the old ratio?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIn a partnership firm, the old partners A, B and C share profits and losses in the ratio 4:3:1. At the time of admission of a new partner, the Reserve Fund amounts to ₹80,000. What share of the Reserve Fund will be credited to old partner C?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, the Workmen Compensation Reserve is ₹60,000 and the claim against it is settled at ₹45,000. If the old partners A and B share profits in the ratio 3:2, what will be A’s share of the remaining reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of reconstitution, if the debit balance of the Profit and Loss Account is ₹27,000 and the old partners share profits in the ratio of 2:1, how much loss will be debited to the second partner’s account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, the general reserve is ₹90,000. If the old partners’ profit-sharing ratio is 2:3:4, how much will be transferred to the account of the third old partner?Class 12Reconstitution - Admission of a PartnerReservesEasy