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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।

AccountancyAt the time of admission of a new partner, the reserve fund is ₹72,000 and the old partners’ profit-sharing ratio is 4:3:2. How much amount will be credited to the first partner’s account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, the credit balance of ₹24,000 in the Profit and Loss Account was distributed in the new profit-sharing ratio. What should be the correct basis for its distribution?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share profits in the ratio of 1:1. At the time of admission of a new partner, the general reserve is ₹40,000. What amount will be credited to the capital account of each old partner?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, in which ratio do the old partners bear the accumulated losses?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA firm's Profit and Loss Account has a debit balance of ₹18,000. Partners A and B share profits and losses in the old ratio of 5:4. What amount will be debited to A's Capital Account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyX and Y are partners sharing profits in the old ratio of 4:1. The firm's reserve fund is ₹25,000. On reconstitution of the partnership, what share of the reserve fund will Y receive?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share profits in the old ratio of 3:2. At the time of admission of a new partner, the general reserve is ₹50,000. How much will A receive from the general reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B are old partners sharing profits in the ratio 8:5. During reconstitution, assets increase in value by ₹78,000 and liabilities increase by ₹26,000. What will be B’s share of the net profit arising from revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyA, B and C are old partners sharing profits in the ratio 4:4:1. A revaluation loss of ₹99,000 is incurred. What will be C’s (the third partner’s) share of this loss?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyA and B are old partners sharing profits in the ratio of 11:7. On admission of a new partner, a revaluation loss of ₹72,000 arises. By how much will B’s Capital Account be debited?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyA, B and C are old partners sharing profits in the ratio 5:3:2. The Revaluation Account shows a profit of ₹1,20,000. What amount will be credited to C’s Capital Account from this profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyX and Y share profits in the old ratio of 13:7. The Revaluation Account shows a loss of ₹80,000. How much will be debited to Y’s Capital Account in the old ratio?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyA, B and C share profits in the old ratio of 4 : 3 : 2. On the admission of a new partner, a revaluation profit of ₹72,000 is earned. How much will be credited to B’s capital account under the old ratio?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyA and B are old partners sharing profits in the ratio of 5:4. A revaluation loss of ₹54,000 is incurred. By what amount will A’s Capital Account be debited?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyIf the revaluation loss is ₹60,000 and the old partners’ ratio is 5:3:2, how much will be debited to the third partner?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA and B share profits in the old ratio of 11:4. A revaluation loss of ₹45,000 arises from the revaluation of assets. What will be the effect on A’s capital account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyAt the time of admission, the old partners’ profit-sharing ratio is 6:3:1. If a revaluation loss of ₹50,000 is incurred, what amount will be debited to the capital account of the second old partner?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyThe Revaluation Account shows a profit of ₹42,000. The old partners share profits in the ratio 5:4:3. What amount of this profit will be credited to the capital account of the third old partner?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyIn a partnership firm, A and B share profits in the old ratio of 3:2. The revaluation of assets results in a profit of ₹25,000. What amount will be credited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyA and B are old partners sharing profits in the ratio of 7:5. During revaluation, the value of the building increases by ₹24,000 and the value of debtors decreases by ₹9,000. What is A’s share of the net revaluation profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert