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Partners Capital Accounts

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

AccountancyAfter realizing the assets and paying the external liabilities and dissolution expenses, what is the final stage in the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyTo which account is the profit on the Realisation Account transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyWhat is generally the final step in the dissolution process of a partnership firm?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyTo which account is the final balance of the Realisation Account transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyTo which account is the realisation profit transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyA, B and C are partners sharing profits in the ratio 7:2:1. The General Reserve is ₹80,000 and the accumulated loss is ₹30,000. On the admission of a new partner, these items are adjusted through the old partners’ capital accounts. How much will be credited to A’s capital account after this adjustment?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt the time of admission of a new partner, General Reserve of ₹45,000 and Capital Reserve of ₹27,000 are to be distributed between the old partners, A and B, in their old profit-sharing ratio of 5:4. What total amount will be credited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA and B share profits and losses in the ratio of 3:2. At the time of admission, preliminary expenses are ₹25,000 and the debit balance of the Profit and Loss Account is ₹15,000. If these items are written off in the old ratio, what total amount will be debited to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA firm has a general reserve of ₹48,000, and the old profit-sharing ratio of partners A and B is 5:1. On admission of a new partner, what amount of the general reserve will be credited to B’s account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share profits and losses in the ratio of 7:3. The net accumulated loss is ₹40,000. At the time of reconstitution, how much will be debited to B’s capital account?Class 12Reconstitution - Admission of a PartnerReservesEasy 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