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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।

AccountancyUnder fixed capital method General Reserve profit may be credited to which account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA, B and C share the debit balance of ₹54,000 in the Profit and Loss Account in the ratio 4:2:3. What amount will be debited to B’s account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits and losses in the ratio of 3:1. The General Reserve is ₹28,000 and Preliminary Expenses are ₹12,000. What will be the net credit to A’s account after adjusting these items?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits and losses in the ratio of 2:3. The firm has a reserve of ₹45,000 and a debit balance of ₹15,000 in the Profit and Loss Account. What will be the net effect of these items at the time of reconstitution?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA and B share profits in the ratio 7:5. The General Reserve is ₹48,000 and the Profit and Loss Account has a credit balance of ₹24,000. On the admission of a new partner, what total amount will be credited to A’s account?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf reserve is not distributed what unfair benefit may the new partner get?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAfter distributing reserve what will be the balance of General Reserve in balance sheet?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyIf old partners profit ratio is not given what is the usual assumption for distributing reserve?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyPreliminary Expenses are ₹18000 and old partners share 5:1. How much will be debited to the first partner?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyAdvertisement Suspense Account is ₹27000. How will it be adjusted at admission?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhy is sacrificing ratio not used for distributing reserves?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyA, B and C share profits in the ratio 3:5:4. The firm has a Capital Reserve of ₹72,000. What will be B’s share of this reserve?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyCapital Reserve is ₹33000 and old partners share 6:5. How much will be credited to the second partner?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWhy is Employees’ Provident Fund not distributed among the old partners when a new partner is admitted?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyInvestment Fluctuation Reserve is ₹40000 and investment value rises from ₹225000 to ₹238000. What is the correct treatment?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyInvestment Fluctuation Reserve is ₹32000. Book value of investment is ₹150000 and market value is ₹132000. How much will be distributed among old partners?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWorkmen Compensation Reserve is ₹68000 and the claim is also ₹68000. How much will be distributed among old partners?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWorkmen Compensation Reserve is ₹90000 and there is no claim. What is its treatment?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyHow is Profit and Loss debit balance adjusted among old partners?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyThe Profit and Loss Account has a debit balance of ₹42,000. The old partners share profits in the ratio of 3:4. On the admission of a new partner, how much will be debited to the second partner’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesMedium