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Overstatement

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

AccountancyReserve Rs 60000 was wrongly credited though it was a debit item. By how much will distributable profit be overstated?Class 12Partnership Accounts - Basic ConceptsProfit DistributionExpert AccountancyIf credit for asset brought by partner should have been Rs 45000 but was recorded as Rs 54000 by how much is capital overstated?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf share of loss was credited like interest on capital instead of being debited in capital account and amount is ten thousand rupees how much will capital be overstated?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard AccountancyIf a partner brings an asset as capital but its value is recorded too high what will be the effect on capital account?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyIf under fluctuating capital method share of loss is wrongly credited what will be the effect on closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsExpert AccountancyA interest on capital is five thousand rupees and interest on drawings is three thousand rupees. Both were wrongly credited. Compared with correct position how much will balance be overstated?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHard