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Revaluation Profit

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

AccountancyA deceased partner has ₹68,000 in the capital account. His share of revaluation profit is ₹12,000 and his share of the reserve fund is ₹20,000. What will be the deceased partner’s total claim?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the basis of which profit-sharing ratio is the deceased partner’s share of revaluation profit up to the date of death calculated?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyOn the death of a partner, if no other adjustments are required, his Capital Account shows ₹73000, his share of Revaluation Profit is ₹7000, and his share of the Reserve Fund is ₹20000. What will be the total amount payable to the deceased partner?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyA deceased partner’s capital account has a credit balance of ₹92,000. His share of the revaluation profit is ₹8,000, and there are no other adjustments. What total amount will be payable to his legal representative?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyAt the time of a partner’s death, his Capital Account shows ₹93,000, his share of goodwill is ₹9,000, and his share of revaluation profit is ₹8,000. What total amount will be credited to the deceased partner’s account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyWhich of the following items is never added to the deceased partner’s share?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIf a deceased partner’s capital is ₹96,000 and their share of the revaluation profit is ₹14,000, what will be the executor’s total claim based on these two items?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyIf a deceased partner’s capital is ₹70,000 and his share of the revaluation profit is ₹9,000, what amount will be credited to his account on the basis of these two items?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareHard AccountancyHow is the deceased partner’s share of revaluation profit treated in the accounts?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhy is a deceased partner given a share of the revaluation profit?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWhy is the deceased partner’s share of revaluation profit added to their account?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyWhen a partner dies, how is the deceased partner’s share of the revaluation profit recorded?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareMedium AccountancyWill the deceased partner’s share of the revaluation profit arising up to the date of death be included in the final amount due to him?Class 12Reconstitution - Retirement or Death of a PartnerDeceased Partner’s ShareEasy AccountancyA and B are old partners sharing profits in the ratio 8:5. During reconstitution, assets increase in value by ₹78,000 and liabilities increase by ₹26,000. What will be B’s share of the net profit arising from revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyUnder the fluctuating capital method, where is revaluation profit generally credited on the admission of a partner?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyRevaluation profit is ₹96,000. The old partners’ ratio is 13:11 and the new ratio is 5:4:3. What is partner A’s share?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA, B and C are old partners sharing profits in the ratio 5:3:2. The Revaluation Account shows a profit of ₹1,20,000. What amount will be credited to C’s Capital Account from this profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert AccountancyIf assets increase by ₹72,000 and liabilities increase by ₹46,000 on admission, what will be the result of revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyA, B and C share profits in the old ratio of 4 : 3 : 2. On the admission of a new partner, a revaluation profit of ₹72,000 is earned. How much will be credited to B’s capital account under the old ratio?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHard AccountancyIn a firm, the value of assets increases from ₹90,000 to ₹1,02,000, while the value of liabilities increases from ₹45,000 to ₹51,000. What will be the net effect on the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpert