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Old Ratio

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 are old partners sharing profits in the ratio of 3:4:5. The General Reserve is ₹1,44,000 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 B’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyOld partners A and B share profits and losses in the ratio of 5:3. The General Reserve is ₹80,000 and the accumulated loss is ₹1,04,000. What will be the net effect on A’s Capital Account on the admission of a new partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyContingency Reserve is ₹120000. Known liability is ₹45000 and additional probable claim is ₹30000. Old partners share 5:3. How much will be credited to the first partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyIf the related claim is less than the reserve how will the balance be distributed?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyOld partners share profits in the ratio 5:4. General Reserve is ₹99,000 and the distributable balance of Workmen Compensation Reserve is ₹27,000. How much total will be credited to the first partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA Profit and Loss debit balance of ₹90,000 was written off in the capital ratio 7:8 instead of the old ratio 4:1. What was the effect on the second partner?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of a partner’s admission, the Insurance Reserve is ₹68,000 and the insurance claim is ₹26,000. If the remaining reserve is distributed between the old partners in the ratio 2:5, how much will the second partner receive?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA and B share old profits in the ratio 9:6. General Reserve ₹1,05,000 and Profit and Loss credit balance ₹45,000 were wrongly shared equally. How much less or more did A receive?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA firm's Contingency Reserve amounts to ₹96,000. A fixed liability of ₹56,000 is to be paid out of this reserve. The remaining reserve will be distributed among the old partners in the ratio of 6:4. What amount will the first partner receive?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA firm has an Investment Fluctuation Reserve of ₹72,000, while the value of its investments has fallen by ₹27,000. After adjusting this fall, the remaining amount is distributed between the old partners in the ratio 5:4. How much will the second partner receive?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAccumulated profit is ₹64,000 and accumulated loss is ₹100,000. In the old ratio of 7:5, what is the net effect on the second partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyOld ratio is 11:9. Reserve Fund is ₹120,000 and Profit and Loss debit balance is ₹50,000. What is the net effect for the first partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA firm's Contingency Reserve is ₹1,05,000, and the related estimated liability is ₹65,000. If the remaining reserve is distributed in the old partnership ratio of 3:5, what will be the first partner's share?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyDividend Equalisation Reserve is ₹90,000 and Advertisement Suspense Expenditure is ₹30,000. In the old ratio of 4:6, what is the net effect for the second partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA and B are partners sharing profits in the old ratio of 5:3. At the admission of a new partner C, the General Reserve of ₹96,000 was mistakenly distributed among A, B and C in the new ratio of 2:3:1. How much less did A receive compared with the amount A should have received under the old ratio?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyReserve Fund is ₹168,000 and Preliminary Expenses are ₹48,000. In the old ratio of 5:7, what will be the net effect for the first partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyWhat is the most common higher-level examination mistake when adjusting reserves at the admission of a partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA, B and C share profits in the ratio 3:2:5. At the time of reconstitution, the Capital Reserve is ₹1,20,000 and the debit balance of the Profit and Loss Account is ₹50,000. What net amount will be credited to C’s account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancySpecial Reserve is ₹58000 and there is no related claim. What is the correct conclusion?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyPartners A and B share profits and losses in the ratio of 11:7. The firm has a reserve of ₹90,000 and a debit balance of ₹36,000 in the Profit and Loss Account. On the admission of a new partner, if the net amount of these items is adjusted in the old ratio, what amount will be credited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpert