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Revaluation

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

AccountancyOn which side are asset increase and liability decrease recorded in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhat is the result when the debit side of Revaluation Account is more than the credit side?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhat is the result when the credit side of Revaluation Account is more than the debit side?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhat is the effect on Revaluation Account when provision for doubtful debts is decreased?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhich account is debited when an unrecorded liability is brought into books?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhich account is credited when an unrecorded asset is brought into books?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyIf debtors are increased in value then what happens in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasy AccountancyWhat is the main objective of asset revaluation on admission?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf decrease in liability is wrongly debited what will be the effect on revaluation result?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf the full new value of an asset is recorded in revaluation account what is the mistake?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf prepaid insurance of ₹2000 is not in books and is recorded on admission what will happen?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf ₹5000 from debtors is considered bad debt what will happen in revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf market value of investment is higher than book value what happens in revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf existing provision for doubtful debts is ₹6000 and new required provision is ₹9000 what is the effect on revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyAn unrecorded liability of ₹18000 is found. What will happen in revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyAn unrecorded asset of ₹25000 is found. What will be its effect on revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf creditors increase from ₹90000 to ₹100000 what will be done in revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyBills payable decreased from ₹50000 to ₹42000. Which entry will be made in revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf machinery value decreases from ₹150000 to ₹120000 what will be the effect in revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium AccountancyIf building value increases from ₹200000 to ₹240000 what will be recorded in revaluation account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationMedium