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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।

AccountancyThe credit total of the Revaluation Account is ₹1,05,000 and the debit total is ₹76,000. What will be the result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyDuring the reconstitution of a firm, the value of the building increased by ₹70,000 and the value of equipment decreased by ₹22,000. What will be the net result of the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyThe existing provision for an asset is ₹12,000, while the new provision required after revaluation is ₹15,000. What amount will be debited to the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA firm’s debtors amount to ₹1,50,000. At the time of reconstitution, a new provision of 6% for doubtful debts is to be created. What loss will be recorded in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyWhat is the main reason for preparing revaluation account on admission?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyDuring reconstitution, an asset decreases in value by ₹6,500 and a liability increases by ₹2,500. What will be the total loss in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIn the Revaluation Account, an asset increases in value by ₹9,000 and a liability decreases by ₹4,000. What is the total value of the gain items?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf car value increased from ₹75000 to ₹82000 then which side of Revaluation Account is affected?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAt the time of reconstitution, which of the following items is recorded as a loss in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhich item will be treated as gain in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIn which situation is no entry made in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAt the time of admission of a partner, if the debit total of the Revaluation Account is ₹8000 and the credit total is ₹12500, what will be the balance of the account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf the amount of a loan increases from ₹50,000 to ₹54,000, what will be its effect on the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyThe old provision for doubtful debts was ₹1,000 and the new provision required after reconstitution is ₹1,700. What will be its effect on the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf the old provision for doubtful debts is ₹2500 and the newly required provision is ₹1800, what will be recorded in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhy is cash sale not recorded in Revaluation Account at the time of admission?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyThe book value of a vehicle increased from ₹1,20,000 to ₹1,32,000, while the book value of a computer decreased from ₹55,000 to ₹47,000. What will be the net result of revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA and B share profits in the ratio of 1:2. The debit total of the Revaluation Account is ₹72,000 and its credit total is ₹27,000. What amount will be debited to B’s account for the revaluation loss?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA and B share profits in the ratio 4:5. The total credit of the Revaluation Account is ₹88,000 and the total debit is ₹34,000. What will be A’s share of the profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyAt the time of admission of a partner, which item is generally recorded on the debit side of the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium