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Profit

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

AccountancyIn the Realisation Account, what is the result when an asset is sold for more than its book value?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyIf the credit side total of Realisation Account exceeds the debit side by ₹2500 what is the result?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhat is the effect on old partners capital when old reserve is distributed?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf Revaluation Account shows profit, on which side will it be recorded in old partners capital accounts?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyIn Memorandum Revaluation Account the first part shows a loss of ₹50000. What result will the second part show?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyIn Memorandum Revaluation Account the profit of the first part is shared among old partners in which ratio?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyIf the debit side of Revaluation Account is ₹137500 and the credit side is ₹152000. How will the account be closed?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyIf debit side of Revaluation Account is ₹62000 and credit side is ₹74000 what is the result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyBuilding changes from ₹500000 to ₹560000 and machinery from ₹300000 to ₹270000. Creditors decrease by ₹20000. What is the revaluation profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyAt admission the credit side of Revaluation Account is ₹98000 and the debit side is ₹74000. What is the result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyIf revaluation account shows profit what will be the effect on old partners' capital in closing entry?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf old partners' ratio is not given then generally how will revaluation profit be shared?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhen closing revaluation account if there is profit which account will be debited?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyWhere is revaluation profit recorded under fluctuating capital method?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhere is revaluation profit recorded under fixed capital method?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhat is the result when the credit side of Revaluation Account is more than the debit side?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf an expense has been recorded twice by mistake, what will be the effect on profit when the error is corrected?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy AccountancyA is to receive five percent commission on profit before charging commission. If profit is Rs 220000 what is the commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyA is to receive ten percent commission on profit before charging commission. If profit is Rs 70000 what is the commission?Class 12Partnership Accounts - Basic ConceptsProfit DistributionMedium AccountancyUnder fluctuating capital method As capital is Rs 85000. During the year salary is Rs 12000 profit share is Rs 18000 and drawings are Rs 10000. What will be closing capital?Class 12Partnership Accounts - Basic ConceptsCapital AccountsMedium