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Partnership Reconstitution

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

AccountancyWhat is the main difference between a Realisation Account and a Revaluation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMediumAccountancyA deceased partner’s capital account shows ₹79,000, and their share of goodwill is ₹11,000 while their share of the reserve fund is ₹10,000. Assuming there are no other adjustments, what will be the deceased partner’s total claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyIf interest is payable under the partnership deed, how is the interest accrued on the deceased partner’s capital up to the date of death treated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyOn the death of a partner, his capital account shows ₹66,000, his share of profit is ₹14,000, and his share in the reserve fund is ₹20,000. If there are no other adjustments, what will be the total amount payable to the deceased partner’s legal representative?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyOn what basis is a deceased partner’s share of revaluation profit determined?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyA deceased partner has ₹1,14,000 standing to the credit of the capital account, and the value of the partner’s share in goodwill is ₹6,000. Assuming there are no other adjustments, what total amount is payable to the partner’s legal representative?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyWhy is a deceased partner not given a share of profits earned after the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyA deceased partner has ₹68,000 in the capital account. His share of revaluation profit is ₹12,000 and his share of the reserve fund is ₹20,000. What will be the deceased partner’s total claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyWhy is the deceased partner credited with a share of goodwill at the time of reconstitution?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyTo whom is the amount due to the deceased partner paid?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyWhy is it considered fair to give a deceased partner a share of the profit earned up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyA partner dies after 8 months of the financial year. If the firm’s estimated annual profit is ₹5,88,000 and profit accrues evenly throughout the year, what will be the estimated profit of the firm up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyFor estimating a deceased partner’s share of profit up to the date of death, which information is essential for determining the relevant period?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyUnder the fluctuating capital system, to which account is the deceased partner’s share of profit up to the date of death usually credited?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareExpertAccountancyA deceased partner’s capital is ₹76,000, his share of goodwill is ₹14,000, and his share of profit up to the date of death is ₹10,000. What will be the total amount payable to his legal representative?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyOn the death of a partner, how is the firm's reserve fund treated in relation to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyTo whom is the total amount due to a deceased partner paid?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyThe amount due to a deceased partner but not paid immediately is generally transferred to which account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyOn the basis of which profit-sharing ratio is the deceased partner’s share of revaluation profit up to the date of death calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHardAccountancyIn a partnership firm, a deceased partner’s capital is ₹83,000 and the partner’s share of goodwill is ₹17,000. Based only on these two items, what amount will be payable to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard

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