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Partners Capital Account

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

AccountancyWhat does the final balance of a partner’s Capital Account represent at the time of dissolution of the firm?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyOn dissolution of the firm, to whose accounts is the profit arising from the Realisation Account transferred in the profit-sharing ratio?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of the firm, the partners’ final claims are settled mainly on the basis of which account?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyA, B and C share profits and losses in the ratio 4:1:5. The General Reserve is ₹1,50,000 and the accumulated loss is ₹50,000. After adjusting the reserve against the accumulated loss, how much will be credited to C’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA partnership firm has a general reserve of ₹36,000. The old profit-sharing ratio of A and B is 5:4. On the admission of a new partner, what amount will be credited to B’s Capital Account as his share of the general reserve?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share profits and losses in the ratio 4:1. A revaluation loss of ₹25,000 is incurred. What amount will be debited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium