Skip to content

Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

RELATED QUESTIONS

Partnership Admission

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

AccountancyAt the time of admission the general reserve shown in old balance sheet relates to which period?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAn old bill payable amounted to ₹96,000. The creditor accepted ₹88,800 in full and final settlement. What will be the effect at the time of revaluation of assets and liabilities?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyThe book value of old equipment is ₹125000. On revaluation, its value is reduced to ₹110000. In addition, repair work costing ₹6000 had already been carried out but was not recorded and is now payable. What will be the total debit to the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyThe stock of a firm was valued at ₹1,80,000 in its books. During revaluation, the value of the stock increased by 8%, but old goods worth ₹6,000 were found to be obsolete and had to be written off. What will be the net effect of revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyThe firm discovers a possible liability of ₹30,000 relating to an old lawsuit, but considers it appropriate to create a provision of ₹18,000. What amount will be debited to the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyAn old investment has a book value of ₹88,000. On revaluation, its value increases to ₹96,000, and an expense of ₹3,500 related to the investment becomes payable. What will be the net effect of revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyAt the time of admission of a partner, which item is generally recorded on the debit side of the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyAt the time of reconstitution, bad debts of ₹6,500 were identified from the debtors. What is the correct accounting effect?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyAt the time of admission, the credit total of the Revaluation Account is ₹92,000 and the debit total is ₹68,000. What will be the result of revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA firm's debtors are ₹1,00,000, and a provision for doubtful debts at 4% is to be created. What loss will be recorded in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyC is admitted for a \(\frac{3}{14}\) share. The firm’s total goodwill is ₹2,80,000, and C brings ₹52,000 as goodwill. What is the deficiency in goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingExpert AccountancyThe new partner’s required goodwill is ₹96,000, but he brings ₹85,000. What is the deficiency?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA and B share profits and losses in the ratio 3:1. C is admitted to the firm for a 1/4 share of profits and brings a premium of ₹20,000 for goodwill. A and B sacrifice in the ratio 2:1. What amount of the goodwill premium will be credited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHard AccountancyThe average profit is ₹80,000, the normal rate of return is 10%, and the actual capital employed is ₹6,50,000. What is the value of goodwill under the capitalization of average profit method?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingHard AccountancyIf the estimated total capital is equal to the actual total capital, what will be the value of hidden goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyOn the admission of a new partner, if the estimated total capital is ₹4,00,000 and the actual total capital is also ₹4,00,000, what will be the hidden goodwill?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingEasy AccountancyA and B are partners. On admission, C is given a specified share of profit entirely from A’s share, while B’s old profit share remains unchanged. Which statement about the new profit-sharing ratio is correct?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioHard AccountancyA and B share profits in the ratio 3:8. C is admitted for a \(2/11\) share of the total profit, acquired from A and B in the sacrificing ratio 4:1. What will be the new profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioExpert AccountancyIf a new partner receives a share of profit entirely from the share of only one existing partner, which feature of the new profit-sharing ratio is correct?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioMedium AccountancyOn the admission of a new partner, what does the new profit-sharing ratio represent?Class 12Reconstitution - Admission of a PartnerNew Profit Sharing RatioMedium