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Provision Adjustment

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

AccountancyDebtors are ₹216,000. The old provision is ₹10,800 and the new provision required is 4% of debtors. What is the effect in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyOn admission, bad debts are ₹10,000 and the old provision for doubtful debts is ₹6,000. No new provision is required. How much loss will be transferred to Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyOn admission, bad debts of ₹7,000 are written off and the old provision for doubtful debts is also ₹7,000. If no new provision is required, what will be the effect on Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyDebtors are ₹124000. Old provision ₹7000 is to be changed to 6 percent of debtors. What is the effect in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyThe existing provision for an asset is ₹12,000, while the new provision required after revaluation is ₹15,000. What amount will be debited to the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyThe existing provision is ₹3,500 and the new provision required after reconstitution is ₹9,000. What amount will be debited to the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf the existing provision is ₹10,000 and the newly required provision is ₹7,000, what will be the effect in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium