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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।

AccountancyA firm has a Workmen Compensation Reserve of ₹90,000, while the claim for workmen compensation is ₹70,000. At the time of admission of a new partner, what amount will be distributed among the old partners?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWorkmen Compensation Reserve is ₹56000 and there is no claim. What will be its treatment?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, the Advertisement Suspense Account has a balance of ₹21,000. A and B share profits and losses in the ratio of 5:2. What amount will be debited to B’s Capital Account when this account is written off?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyPreliminary expenses are ₹18000 and old partners ratio is 2:1. How much will be debited to the first partner?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhich of the following is an example of accumulated loss?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyDespite the new partnership ratio of 2:2:1, in what ratio will the general reserve be distributed among the old partners if their old ratio was 3:2?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhy is the new partner not given a share in the old reserve created before his admission?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyCapital reserve is usually given to whom on admission?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhen closing debit balance of Profit and Loss Account which account will be credited?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a partner, which account is debited in the entry for distributing general reserve among the old partners in their old profit-sharing ratio?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, the Profit and Loss Account has a debit balance of ₹28,000. A and B share profits in the old ratio of 3:4. What amount will be debited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, the credit balance of the Profit and Loss Account amounting to ₹42,000 is to be distributed between the old partners A and B in their old profit-sharing ratio of 4:3. What amount will be credited to B’s account?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 AccountancyA and B share profits in the old ratio of 5:2. At the time of admission of a new partner, the general reserve is ₹49,000. How much of this amount will be transferred to A's account in the old ratio?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, how is accumulated profit or general reserve recorded in the old partners’ capital accounts?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, how is accumulated loss recorded in the old partners' capital accounts?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission the general reserve shown in old balance sheet relates to which period?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf Dividend Equalisation Reserve appears in the old balance sheet what is its usual treatment on admission?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhat is the purpose of adjusting accumulated profits and losses at the time of admission?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA firm has a general reserve of ₹48,000, and the old profit-sharing ratio of partners A and B is 5:1. On admission of a new partner, what amount of the general reserve will be credited to B’s account?Class 12Reconstitution - Admission of a PartnerReservesEasy