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Revaluation Loss

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

AccountancyA liability is increased from ₹45,000 to ₹52,000. What is the correct treatment in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyOn admission the balance of Advertisement Expenditure Account ₹30,000 is considered worthless. What will be its effect?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyA and B share profits in the old ratio of 4:1. The Revaluation Account shows a loss of ₹25,000. What will be the effect on A’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyAn asset with book value ₹24000 is now considered worthless. What amount will be debited to Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyThe book value of investments is ₹70,000. Their value is reduced by 10%, and an additional provision of ₹3,000 is created on debtors. What will be the total loss to be recorded in the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyEmployees compensation claim is estimated at ₹26000 but no provision existed in the books. What is its treatment on admission?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyAt admission the debit side of Revaluation Account is ₹116000 and the credit side is ₹89000. How will it be closed?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyX and Y share old profits in 7:5. Revaluation loss is ₹36000. How much will be debited to Y's capital account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyAn unrecorded bills payable of ₹12000 is found. What effect will it have in Revaluation Account on admission?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyBuilding book value was ₹250000 and after revaluation it became ₹220000. What is the correct entry in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyA and B share profits and losses in the ratio of 7:5. A revaluation loss of ₹96,000 is incurred. By how much will A’s Capital Account be debited?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA and B share profits and losses in the ratio of 4:3. The debit total of the Revaluation Account is ₹91,000 and its credit total is ₹56,000. What amount will be debited to B’s Capital Account for the revaluation loss?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf lender's amount is increased by ₹14000 what type of effect is it?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyThe debit total of the Revaluation Account is ₹87,000 and the credit total is ₹59,000. What will be the result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA and B are partners sharing profits and losses in the ratio of 3:5. A loss of ₹48,000 arises in the Revaluation Account. What amount will be debited to B’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyTo whose capital accounts will net loss of revaluation account be debited?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyTwo old partners share profits in equal proportions. At the time of admission of a new partner, revaluation of assets results in a loss of ₹5,000. How much of this loss will be allocated to each old partner?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyAt the time of a partner’s admission, if the revaluation loss is debited to the old partners’ capital accounts, what will be its effect on their capital?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyThree old partners share profits in the ratio 1:3:2. A revaluation loss of ₹12,000 is incurred. What will be the second partner’s share of this loss?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyA and B share profits and losses in the ratio of 3:7. A revaluation loss of ₹80,000 is incurred. How much will be debited to B’s capital account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium