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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।

AccountancyWhich item is generally debited to old partners?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhich item is generally credited to old partners?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, in which ratio is the debit balance of the Profit and Loss Account distributed among the old partners?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyOn admission credit balance of Profit and Loss Account will be distributed in which ratio?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, in what ratio will the general reserve be distributed among the old partners if the new ratio is 3:2:1 and the old ratio is 4:1?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyGenerally what is the new partner's share in old reserve amount?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf old accumulated loss is not adjusted what wrong effect may occur?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf accumulated profits or general reserve are not adjusted in the old partners’ accounts before the admission of a new partner, what problem will arise?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share profits and losses in the ratio of 7:3. The net accumulated loss is ₹40,000. At the time of reconstitution, how much will be debited to B’s capital account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA and B share profits and losses in the ratio 3:2. At the time of reconstitution, net accumulated profit of ₹50,000 is to be distributed in the old ratio. How much will be credited to A?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyAt the time of admission of a new partner, the General Reserve is ₹60,000 and the Advertisement Suspense Account has a balance of ₹18,000. What will be the net credit to the old partners’ capital accounts?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyThe old balance sheet shows a general reserve of ₹75,000 and a debit balance of ₹15,000 in the Profit and Loss Account. What is the net accumulated profit based on these items?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhich account is closed when accumulated loss is written off?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhich account is closed when accumulated profit is distributed?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhy are the old partners’ capital accounts debited when accumulated loss is written off during the reconstitution of a partnership?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhen accumulated profits are distributed among the old partners on the admission of a new partner, why are their capital accounts credited?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhy are old losses not recovered from the new partner on admission?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyWhy are old partners given the benefit of an old reserve when a new partner is admitted?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf the old partners’ profit-sharing ratio is not given, on what basis is the reserve distributed when a new partner is admitted?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyIf old partners ratio is 1:2 and capital reserve is ₹45000 then how much will the second partner get?Class 12Reconstitution - Admission of a PartnerReservesEasy