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RELATED QUESTIONS

Revaluation

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

AccountancyWhy is revaluation loss deducted from the deceased partner’s share while calculating the amount due to him or her?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhat effect will the deceased partner’s share of revaluation loss have on the balance of the capital account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is revaluation profit included in the deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhich of the following items is credited to the deceased partner’s account and increases the amount of his or her claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhich of the following items is deducted while calculating the amount due to a deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyOn the death of a partner, which of the following items is generally not included while determining the final amount due in the deceased partner’s Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy does revaluation profit not go directly to the retiring partner's loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHard AccountancyIf interest on loan is wrongly debited to Revaluation Account, what is the main accounting error?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHard AccountancyRevaluation profit is not directly entered in the retiring partner's loan account. What is the most correct reason?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHard AccountancyWhy is revaluation profit not directly entered in the retiring partner's loan account while preparing it?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHard AccountancyWhat is the correct use of ratios for revaluation profit and goodwill burden?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyWhat is the expert level correct difference between revaluation profit and goodwill adjustment?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementExpert AccountancyWhat is the correct difference between revaluation profit and goodwill adjustment on retirement?Class 12Reconstitution - Retirement or Death of a PartnerGoodwill SettlementMedium 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 AccountancyInvestment Fluctuation Reserve is ₹28,000 and investments fall from ₹190,000 to ₹145,000. What will be the excess loss?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyIf Profit and Loss credit balance is sent to Revaluation Account what is the error?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyIf Profit and Loss credit balance is transferred to Revaluation Account what is the error?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWorkmen Compensation Reserve is ₹25000 and claim is ₹31000. The excess claim will be related to which account?Class 12Reconstitution - Admission of a PartnerReservesEasy AccountancyA machine has book value ₹270000 and is valued at ₹234000 on admission. What will be the effect in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyIf an unrecorded liability later turns out to be wrong and actually no liability exists. What is the correct correction of the initial revaluation entry?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard