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Revaluation Account

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

AccountancyWhat is the main difference between a Realisation Account and a Revaluation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn what basis is a deceased partner’s share of revaluation profit determined?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyA deceased partner’s total claim amounts to ₹156000. If there is a revaluation loss of ₹6000, what will be the net claim payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the date of a partner’s death, ₹93,000 stands to his credit in the Capital Account and he is entitled to a revaluation profit of ₹7,000. Assuming there are no other adjustments, what amount will be payable as the total claim to the deceased partner’s executor?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn what basis is the deceased partner’s share of the profit arising from revaluation at the date of death added?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyAt the time of reconstitution, how will the deceased partner’s share of the revaluation loss affect the amount due to them?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhy is the deceased partner entitled to a share of the revaluation profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyIn which account is the deceased partner’s share of revaluation profit up to the date of death credited?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyHow is the deceased partner’s share of revaluation loss recorded in the partner’s Capital Account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhat is done with the deceased partner’s share of the revaluation profit earned up to the date of death?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhich of the following items increases the final amount payable to a deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyAt the time of reconstitution, what effect will a revaluation loss have on the deceased partner’s capital or current account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyA firm's Insurance Reserve is ₹44,000, whereas the insurance claim admitted is ₹62,000. At the time of admission of a partner, what will be the accounting treatment of the excess claim amount?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyIf the related claim is more than the reserve through which account can the excess part be shown?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of admission of a partner, the Investment Fluctuation Reserve is ₹30,000 and the fall in the value of investments is also ₹30,000. What will be the final accounting result?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyThe Contingency Reserve is ₹34,000, whereas the related actual liability is determined to be ₹41,000. What is the correct accounting treatment for the liability exceeding the reserve?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyThe Investment Fluctuation Reserve is ₹24,000. The value of an investment falls from ₹1,80,000 to ₹1,48,000. What excess loss will be shown in the Revaluation Account after adjusting the Investment Fluctuation Reserve?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyInvestment Fluctuation Reserve is ₹18,000. The value of investments changes from ₹2,10,000 to ₹1,84,000. What will be the excess loss?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyThe Workmen Compensation Reserve is ₹75,000, whereas the actual claim is ₹92,000. At the time of admission of a partner, which account will be debited for the excess claim, and by what amount?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA firm has an Investment Fluctuation Reserve of ₹16,000, while the value of its investments has decreased by ₹21,000. At the time of admission of a partner, how will the excess decrease be treated?Class 12Reconstitution - Admission of a PartnerReservesEasy