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

Reconstitution Admission Of A Partner

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

AccountancyA, B and C are partners sharing profits in the ratio 7:2:1. The General Reserve is ₹80,000 and the accumulated loss is ₹30,000. On the admission of a new partner, these items are adjusted through the old partners’ capital accounts. How much will be credited to A’s capital account after this adjustment?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWhy are accumulated profits and losses adjusted before admission of a new partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyIf Profit and Loss credit balance is sent to Revaluation Account what is the error?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyGeneral Reserve is ₹90000 and Investment Fluctuation Reserve is ₹42000. Investment loss is ₹18000. Old partners share 5:3. What total will be credited to first partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancySpecial Reserve is ₹88000 and related claim is ₹33000. Old partners share 5:6. How much will be credited to the second partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWhat is the basic accounting principle for distributing reserves?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA, B and C share profits in the old ratio of 2:6:4. The General Reserve is ₹72,000 and the debit balance of the Profit and Loss Account is ₹96,000. After adjusting both items in the old ratio, what will be the net effect on B?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyBad Debts Reserve is ₹52000. Bad debts of ₹19000 are found and new provision on remaining debtors will be created separately. What reserve amount will be distributed among old partners?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA and B are old partners in 7:5. General Reserve ₹96000 was wrongly distributed among all in new ratio 4:3:5. What is the main correction principle?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyEmployees Provident Fund ₹55000 is given at admission. What is its correct treatment?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt the time of admission of a new partner, the Profit and Loss Account has a credit balance of ₹75,000 and the General Reserve is ₹45,000. The old partners share profits in the ratio 1:2:3. What amount will be credited to the capital or current account of the third old partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyIf Investment Fluctuation Reserve exists and market value of investment is ₹18000 higher than book value which treatment is correct?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA firm has a Contingency Reserve of ₹1,05,000, while the related probable liability is estimated at ₹1,26,000. The old partners share profits in the ratio of 2:5. On the admission of a new partner, what amount of loss will be debited to the capital account of the second old partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA and B share profits and losses in the ratio 5:4. The General Reserve is ₹81,000 and the Capital Reserve is ₹63,000. Before the admission of the new partner C, if both reserves are distributed among the old partners in their old profit-sharing ratio, what total amount will be credited to A’s account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyUnder fluctuating capital method what is the effect on old partners accounts when Preliminary Expenses are written off?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyUnder fixed capital method where will the net profit from General Reserve and Advertisement Suspense be credited?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWhich pair shows the correct classification?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt the time of admission of a new partner, the Bad Debts Reserve was ₹48,000, whereas actual bad debts were found to be ₹58,000. If the old partners share profits in the ratio 4:1, what amount of the excess loss should be debited to the first partner’s account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyThe Workmen Compensation Reserve is ₹1,44,000, and a claim of ₹60,000 has been admitted against it. The old partners share profits in the ratio 7 : 3 : 2. After adjusting the reserve, what amount will be credited to the second partner’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyA, B and C share profits in the ratio 5:1:2. At the time of admission of a new partner, the firm’s Profit and Loss Account has a credit balance of ₹96,000 and the Advertisement Suspense Account has a debit balance of ₹40,000. After adjustment in the old partners’ accounts, what net amount will be credited to A’s account?Class 12Reconstitution - Admission of a PartnerReservesExpert