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RELATED QUESTIONS

Reconstitution

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

AccountancyIf interest on a partner’s loan is not paid, to which account is it generally added?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyWhen the amount due to a retiring partner is transferred from the capital account to the partner’s loan account, which account is debited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyIf the amount due to a deceased partner is not paid immediately, what is the main purpose of transferring it to a loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyFor a loan taken from a partner, what is the correct accounting treatment of interest due when the firm's profit is very low?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert AccountancyWhat is the safest sequence for solving a complex goodwill adjustment question?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementHard AccountancyWhat is the correct sequence for solving a complex goodwill adjustment question at the time of reconstitution?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyWhat is the appropriate accounting treatment of goodwill and profit up to the date of death in a deceased partner’s account?Class 12Reconstitution of PartnershipRetirement or Death of a PartnerHard AccountancyOn a partner’s death, how are goodwill and the deceased partner’s share of profit up to the date of death generally recorded in the partner’s capital or current account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyThe old profit-sharing ratio of A, B and C is 4:3:2. C retires, and the new profit-sharing ratio of A and B is fixed at 5:4. What is the gaining ratio of A and B?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyWhat is the most precise accounting principle governing goodwill adjustment on the retirement of a partner?Class 12Reconstitution of PartnershipRetirement or Death of a PartnerHard AccountancyThe goodwill compensation payable to the retiring partner is ₹15,000. If the gaining partners A and B have a gaining ratio of 2:1, what amount will be debited to A’s Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyIf B’s old profit-sharing share is \(\frac{1}{4}\) and his new profit-sharing share is \(\frac{3}{8}\), what is B’s gaining share?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyAfter the reconstitution of the partnership, A’s old profit-sharing share is \(\frac{2}{5}\) and the new share is \(\frac{1}{2}\). What is A’s gain?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementEasy AccountancyA, B, C and D share profits in the ratio 1:4:2:3. C dies, and A, B and D acquire C’s share in the ratio 2:1:1. What will be the new profit-sharing ratio of A, B and D?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert AccountancyA, B, C and D share profits in the ratio 2:2:1:5. D dies, and A, B and C acquire D’s share in the ratio 1:2:2. What will be the new profit-sharing ratio?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert AccountancyA, B, C and D share profits and losses in the ratio 3:2:3:2. A dies, and B, C and D acquire A’s share in the ratio 2:1:3. What will be the new profit-sharing ratio of B, C and D?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert AccountancyA, B, C and D share profits in the ratio 3:3:2:2. D retires, and A, B and C acquire D’s share in the ratio 2:3:5, respectively. What will be the new profit-sharing ratio?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert AccountancyA, B and C share profits in the ratio 4:2:4. B dies, and A and C acquire B’s share in the ratio 1:4. What will be the new profit-sharing ratio of A and C?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert AccountancyA, B and C share profits in the ratio 5:9:6. After C’s retirement, the new profit-sharing ratio of A and B becomes 4:5. What is A’s gaining share?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosHard AccountancyA, B, C and D share profits in the ratio 4:3:2:1. When D retires, A, B and C acquire D’s share in the ratio 3:2:1. What will be the new profit-sharing ratio?Class 12Reconstitution - Retirement or Death of a PartnerNew RatiosExpert