Skip to content

Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

RELATED QUESTIONS

Reserves

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

AccountancyThe Dividend Equalisation Reserve is ₹76,000 and the debit balance of the Profit and Loss Account is ₹28,000. A and B share profits in the old ratio of 3:5. What will be the net effect on B’s Capital Account at the time of reconstitution?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA partnership firm has a Reserve Fund of ₹81,000 and a Capital Reserve of ₹45,000. On the admission of a new partner, these amounts are to be distributed between the old partners, A and B, in their old profit-sharing ratio of 4:5. What total amount will be credited to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyProfit and Loss debit balance ₹56000 was left in the new balance sheet. What should have been the correct correction?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyGeneral Reserve ₹99000 from old balance sheet is shown in new balance sheet without adjustment. If there is no special instruction what was the correct treatment?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA firm has an Investment Fluctuation Reserve of ₹72,000, while the value of its investments has fallen by ₹27,000. After adjusting this fall, the remaining amount is distributed between the old partners in the ratio 5:4. How much will the second partner receive?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of admission of a new partner, a firm’s Investment Fluctuation Reserve is ₹48,000 and the fall in the value of investments is also ₹48,000. What will be the final accounting result?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyWorkmen Compensation Reserve is ₹54000 and claim is also ₹54000. What amount is distributable among old partners?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyReserve Fund is ₹154000. Old partners share in 3:4:7. The third partner's share was wrongly recorded as ₹70000. Which statement is correct?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAccumulated profit is ₹64,000 and accumulated loss is ₹100,000. In the old ratio of 7:5, what is the net effect on the second partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyOld ratio is 11:9. Reserve Fund is ₹120,000 and Profit and Loss debit balance is ₹50,000. What is the net effect for the first partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA, B and C share old profits in the ratio 5:4:3. The Profit and Loss Account has a credit balance of ₹1,44,000, while Preliminary Expenses amount to ₹36,000. What amount will be credited net to B’s account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyIf old partners are credited while closing debit balance of Profit and Loss Account what opposite effect will occur?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyIf old partners capital accounts are debited while closing General Reserve what error will occur?Class 12Reconstitution - Admission of a PartnerReservesHard 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 AccountancyA firm's Contingency Reserve is ₹46,000, whereas the actual liability is found to be ₹58,000. At the time of admission of a new partner, what is the correct accounting treatment of this excess liability?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA firm's Contingency Reserve is ₹1,05,000, and the related estimated liability is ₹65,000. If the remaining reserve is distributed in the old partnership ratio of 3:5, what will be the first partner's share?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyDividend Equalisation Reserve is ₹90,000 and Advertisement Suspense Expenditure is ₹30,000. In the old ratio of 4:6, what is the net effect for the second partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA firm has a General Reserve of ₹72,000 and a Capital Reserve of ₹48,000. At the time of admission of a new partner, both reserves are to be distributed between A and B in their old profit-sharing ratio of 7:5. What total amount will be credited to B’s account?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA and B are partners sharing profits in the old ratio of 5:3. At the admission of a new partner C, the General Reserve of ₹96,000 was mistakenly distributed among A, B and C in the new ratio of 2:3:1. How much less did A receive compared with the amount A should have received under the old ratio?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyInvestment Fluctuation Reserve is ₹39000 and investments increase from ₹310000 to ₹328000. What is the correct treatment of the reserve?Class 12Reconstitution - Admission of a PartnerReservesHard