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Revaluation Gain

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

AccountancyOut of creditors of ₹75000, ₹10000 are no longer payable. What will happen in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyAn unrecorded investment of ₹18000 is discovered. What is the correct accounting treatment on admission?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyOld provision for doubtful debts was ₹7000. On admission the required provision is found to be ₹5000. What will happen in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyIf prepaid insurance of ₹3000 is found as an unrecorded asset then what happens in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAt the time of admission of a new partner, a loan is reduced from ₹36,000 to ₹33,000. What effect will be recorded in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf income received in advance, recorded as a liability, is reduced from ₹2,400 to ₹1,800, what is the result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf unrecorded cash of ₹2,000 is found by the firm, what is its effect on revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy