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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, B and C are old partners sharing profits in the ratio 2:3:5. A revaluation profit of ₹80,000 is earned. How much of this profit will be credited to B’s capital account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpertAccountancyIf liabilities increase by ₹36,000 and assets increase by ₹49,000, what will be the revaluation result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMediumAccountancyBuilding increases by ₹90,000, stock decreases by ₹24,000, outstanding rent of ₹11,000 is found, and creditors decrease by ₹15,000. What is the revaluation result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHardAccountancyThe stock of a firm was valued at ₹1,80,000 in its books. During revaluation, the value of the stock increased by 8%, but old goods worth ₹6,000 were found to be obsolete and had to be written off. What will be the net effect of revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHardAccountancyAt the time of a partner’s admission, the value of a building increases from ₹2,00,000 to ₹2,30,000, while a loan decreases from ₹90,000 to ₹85,000. What will be the combined effect of these two adjustments on the Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationExpertAccountancyA firm distributed revaluation profit ₹54000 in new ratio 2:2:1. The old ratio was 2:1. What is the correct correction?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHardAccountancyA and B share old profits in 5:4. Revaluation profit is ₹81000. Later C gets 1/5 share. What is C's share in revaluation profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHardAccountancyWhy does the new partner not receive a share of revaluation profit at the time of admission?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHardAccountancyA and B share profits in the ratio of 3:2. On the admission of a new partner, the value of stock is reduced by ₹5,000 and the value of the building is increased by ₹25,000. What will be B’s share of the profit on revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHardAccountancyA and B share old profits in 5:3. Revaluation profit is ₹64000 and C is admitted. How much will be credited to A's capital account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationHardAccountancyIf old partners distribute revaluation profit before admitting the new partner in which ratio will it be considered correct?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMediumAccountancyA and B share profits and losses in the ratio 8:2. A revaluation profit of ₹75,000 is earned. What amount will be credited to B’s capital account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMediumAccountancyA and B share profits and losses in the ratio of 5:7. The total credit of the Revaluation Account is ₹132000 and its total debit is ₹84000. What will be A’s share of the profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMediumAccountancyThe 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 RevaluationMediumAccountancyA and B share profits and losses in the ratio of 2:1. At the time of admission of a new partner, the Revaluation Account shows a profit of ₹36,000. This profit is to be distributed among the old partners. What amount will be credited to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMediumAccountancyIn which ratio will net profit of revaluation account be distributed among old partners?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMediumAccountancyAt the time of admission of a new partner, if the Revaluation Account shows a profit and it is credited to the old partners’ Capital Accounts, what will be the effect on their capital?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyOn the admission of a new partner, a revaluation profit of ₹15000 was earned. If the old partners share profits in the ratio 3:2, what will be the second partner’s share?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyWho is entitled to the gain arising from the revaluation increase in an asset before the admission of a new partner?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyA and B share profits and losses in the ratio 6:4. A revaluation profit of ₹65,000 is realised. How much will be credited to A’s Capital Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium

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