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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।

AccountancyIf old partners' capital accounts are fixed then to which account is revaluation profit transferred?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyAnkit and Bhavesh share profits in the old ratio of 2:1. A profit of ₹9000 arises from revaluation. What will be Bhavesh’s share of this profit?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyAt the time of a partner’s admission, if the book value of land is ₹90,000 and its revalued value is ₹95,000, what will be the gain on revaluation?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyHow is an increase in liability value recorded in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyHow is a decrease in liability value recorded in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyWhat type of account is Revaluation Account at the time of admission?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyIf an existing provision is reduced then what will happen in Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyIf a new provision for doubtful debts is created on debtors then what is the effect on Revaluation Account?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyWhat is the entry when an unrecorded liability is found?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyWhat is the entry when an unrecorded asset is found?Class 12Reconstitution - Admission of a PartnerAsset RevaluationEasyAccountancyIf goodwill is transferred to Revaluation Account before admission, what type of treatment is it?Class 12Reconstitution - Admission of a PartnerGoodwill AccountingMediumAccountancyIf capital accounts must be maintained in a fixed ratio as per deed when is capital adjustment done after revaluation?Class 12Partnership Accounts - Basic ConceptsCapital AccountsHardAccountancyIf the deed makes revaluation compulsory on retirement of a partner, which account may be needed?Class 12Partnership Accounts - Basic ConceptsPartnership DeedExpertAccountancyWhen is an asset valuation clause in a partnership deed helpful?Class 12Partnership Accounts - Basic ConceptsPartnership DeedEasy

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