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Reserve Fund

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

AccountancyAn old balance sheet shows Reserve Fund of ₹1,60,000 and Reserve Fund Investment of ₹1,60,000. What is the correct treatment on admission of a partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyReserve Fund is ₹168,000 and Preliminary Expenses are ₹48,000. In the old ratio of 5:7, what will be the net effect for the first partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyThe Reserve Fund is ₹63,000 and the Capital Reserve is ₹27,000. Assuming that both amounts are to be distributed among the old partners on admission, A and B are the old partners sharing profits in the ratio of 1:2. What total amount will be credited to A’s account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of reconstitution, the Reserve Fund is ₹1,26,000 and the old partners share profits in the ratio 2:5:7. An amount of ₹54,000 was credited to the third old partner’s account. Which of the following statements is correct?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyReserve Fund is ₹126000. Old partners share in 2:5:7. Third partner's share was wrongly recorded as ₹54000. What is the correct difference?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyOld ratio is 8:7. Reserve Fund is ₹75000 and Profit and Loss debit balance is ₹30000. What is the net effect for the first partner?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhich statement is correct when a Reserve Fund has separate investments shown against it?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of admission, a Reserve Fund of ₹1,08,000 is to be distributed among the old partners A, B and C in their profit-sharing ratio of 2:3:4. C’s share was mistakenly recorded as ₹30,000. By how much was C’s share under-recorded?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyX and Y share profits and losses in the ratio of 7:5. On the admission of a new partner, a Reserve Fund of ₹84,000 is to be distributed in the old ratio, and Advertisement Suspense of ₹36,000 is to be written off. What net amount will be credited to Y’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of a new partner’s admission, A, B and C are old partners sharing profits in the ratio 2:3:4. The Reserve Fund is ₹108000. What amount will be credited to C’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyThe reserve fund is ₹70,000 and advertisement suspense expenditure is ₹25,000. What will be the net profit amount for the old partners after adjustment?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a partner, a reserve fund of ₹81,000 is to be distributed among the old partners in their old ratio of 4:4:1. How much will the third old partner receive?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyX and Y are partners sharing profits in the old ratio of 6:4. At the time of reconstitution, a reserve fund of ₹30,000 is distributed in the old ratio. What amount will be credited to Y’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhat is the normal balance of Reserve Fund Account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the admission of a new partner, a reserve fund of ₹54,000 is to be distributed among the old partners in their profit-sharing ratio of 4:2:3. How much will the second partner receive?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyX and Y share profits in the old ratio of 5:3. At the time of admission of a new partner, a reserve fund of ₹64,000 is distributed in the old ratio. What amount will be credited to Y’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, a firm's Reserve Fund has a balance of ₹63,000. The old partners share profits in the ratio 5:4. What amount of the Reserve Fund will be credited to the second old partner?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, the Reserve Fund is ₹75,500. If the old partners share profits in the ratio 3:2, how much of the Reserve Fund will be credited to the second old partner?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIn a partnership firm, the old partners A, B and C share profits and losses in the ratio 4:3:1. At the time of admission of a new partner, the Reserve Fund amounts to ₹80,000. What share of the Reserve Fund will be credited to old partner C?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, the reserve fund is ₹72,000 and the old partners’ profit-sharing ratio is 4:3:2. How much amount will be credited to the first partner’s account?Class 12Reconstitution - Admission of a PartnerReservesEasy