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Profit And Loss Credit

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

AccountancyIf Profit and Loss credit balance is sent to Revaluation Account what is the error?Class 12Reconstitution - Admission of a PartnerReservesExpertAccountancyIf Profit and Loss credit balance is transferred to Revaluation Account what is the error?Class 12Reconstitution - Admission of a PartnerReservesExpertAccountancyA, B and C share old profits in the ratio 3:2:1. The Profit and Loss Account has a credit balance of ₹72,000, and Advertisement Suspense Expenditure is ₹18,000. On admission of a new partner, what net credit should be given to B?Class 12Reconstitution - Admission of a PartnerReservesHardAccountancyProfit and Loss Account has credit balance ₹45000. Old partners A and B share 4:1. What is B share?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyOn admission credit balance of Profit and Loss Account will be distributed in which ratio?Class 12Reconstitution - Admission of a PartnerReservesEasyAccountancyWhat type of item is credit balance of Profit and Loss Account?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyProfit and Loss Account has credit balance ₹54000. A B and C are old partners in 2:2:5. What is C share?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyIf credit balance of Profit and Loss Account is given in balance sheet what nature of item is it?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyProfit and Loss Account has credit balance ₹40000. To whom will it be given before admission?Class 12Reconstitution - Admission of a PartnerReservesMediumAccountancyProfit and Loss Account has credit balance ₹30000. A and B share in 2:1. How much will be credited to B?Class 12Reconstitution - Admission of a PartnerReservesEasyAccountancyAt the time of admission how is credit balance of Profit and Loss Account treated?Class 12Reconstitution - Admission of a PartnerReservesEasy

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