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Partner Capital Account

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

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 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 AccountancyX and Y are partners sharing profits in the old ratio of 6:4. At the time of reconstitution, a reserve fund of ₹30,000 is distributed in the old ratio. What amount will be credited to Y’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesEasy