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Reserves

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

AccountancyOld partners A and B share 11:4. Contingency Reserve is ₹75000 and there is no known liability. How much will be credited to B?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyOld partners A, B and C share profits in the ratio 1:3:2. General Reserve is ₹72,000 and new partner D is admitted. Why will D not get a share in the reserve?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B are old partners sharing 3:2. Bad Debts Reserve is ₹25000 and there are no additional bad debts. How much will be credited to A?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyThe old partners share profits in the ratio 4:3. The firm has a General Reserve of ₹49,000 and a Capital Reserve of ₹21,000. At the time of admission of a new partner, what total amount will be credited to the first old partner’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits and losses in the ratio of 5:2. The General Reserve is ₹84,000, and the Advertisement Suspense Account has a debit balance of ₹28,000. What net credit will be given to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf a claim related to a special reserve is given what is done first?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of a partner’s admission, the Contingency Reserve is ₹46,000, while the related actual liability is determined to be ₹59,000. What will be the additional loss arising from the liability exceeding the reserve?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA firm has a Contingency Reserve of ₹82,000, against which the expected liability is ₹27,000. On the admission of a new partner, what amount will be distributed among the old partners?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyInsurance Reserve is ₹38000 and there is no related claim. What is its treatment on admission?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyGeneral Reserve is ₹72000 and old partners share 7:2. If it is wrongly shared equally who will lose?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, the old partners share profits in the ratio 7:2:3 and the General Reserve is ₹96,000. How much of this reserve will be credited to the second old partner’s account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA, B and C share profits in the ratio 3:1:2. The Profit and Loss Account has a debit balance of ₹48,000. How much will be debited to C’s account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, A and B share profits and losses in the ratio 2:1. The firm has a General Reserve of ₹45,000, and Preliminary Expenses of ₹15,000 are to be written off. What will be the net credit to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B are partners sharing profits in the ratio of 5:4. The firm has a reserve balance of ₹54,000 and a debit balance in the Profit and Loss Account of ₹18,000. What will be the net effect of these two items?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, A and B share profits in the ratio 6:5. The General Reserve is ₹66,000 and the Profit and Loss Account has a credit balance of ₹33,000. What total amount will be credited to A’s account out of these accumulated profits?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf old reserve is not distributed what may the new partner unfairly share?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyPreliminary Expenses are ₹24000 and old partners share 7:1. How much will be debited to the first partner?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAdvertisement Suspense Account is ₹35000. What is its treatment at admission?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhy is it wrong to distribute accumulated profits in the new ratio?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAt the time of admission of a new partner, A, B and C share profits in the ratio 5:2:1. If the Capital Reserve is ₹64,000 and is to be distributed among the old partners in their old ratio, what will be B’s share?Class 12Reconstitution - Admission of a PartnerReservesMedium