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Workmen Compensation Reserve

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

AccountancyIf there is no claim against workmen compensation reserve then what is done in partners' capital accounts on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf workmen compensation reserve has balance left after liability, how is it distributed?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, how is the surplus amount of workmen compensation reserve distributed among partners?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of admission, the old partners share profits in the ratio 2:3:5. The Workmen Compensation Reserve is ₹1,10,000, and an actual claim of ₹80,000 has been accepted against it. What amount will be credited to the capital account of the third old partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWorkmen Compensation Reserve is ₹105000 and claim is ₹45000. What is the correct journal logic?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyThe Workmen Compensation Reserve is ₹1,50,000, while the claim against it is ₹66,000. The old partners share profits in the ratio 4:3:2. How much of the excess reserve will be credited to the account of the third old partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt the time of admission of a new partner, the Workmen Compensation Reserve is ₹96,000, whereas the actual claim is ₹1,26,000. The old partners share profits in the ratio of 5:3. What amount will be debited to the first partner’s capital account as his share of the additional loss?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyOld partners share profits in the ratio 5:4. General Reserve is ₹99,000 and the distributable balance of Workmen Compensation Reserve is ₹27,000. How much total will be credited to the first partner?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyWorkmen Compensation Reserve is ₹54000 and claim is also ₹54000. What amount is distributable among old partners?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyWorkmen Compensation Reserve is ₹65000 and actual claim is ₹88000. What is the correct treatment of the excess claim?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyAt the time of admission of a new partner, the Workmen Compensation Reserve is ₹1,40,000 and the claim against it is ₹92,000. After adjusting the claim, the remaining amount is to be distributed among the old partners in the ratio 7:5. How much will the second partner receive?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyWorkmen Compensation Reserve is ₹88000 and claim is ₹38000. What is the correct journal logic?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyThe Workmen Compensation Reserve is ₹1,44,000, and a claim of ₹60,000 has been admitted against it. The old partners share profits in the ratio 7 : 3 : 2. After adjusting the reserve, what amount will be credited to the second partner’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyIn a firm, the Workmen Compensation Reserve is ₹72,000, while the Workmen Compensation claim amounts to ₹92,000. The old partners share profits in the ratio 3:2. What amount of the claim exceeding the reserve will be debited to the second partner’s Capital Account?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyWorkmen Compensation Reserve is ₹48000 and claim is also ₹48000. What amount is distributable among old partners?Class 12Reconstitution - Admission of a PartnerReservesMedium AccountancyWorkmen Compensation Reserve is ₹55000 and claim is ₹72000. What is the correct accounting effect of the excess claim?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyA firm has a Workmen Compensation Reserve of ₹96,000, while the actual workmen compensation claim is ₹60,000. At the time of admission of a new partner, how much of the balance reserve will be credited to the second old partner if the old partners’ profit-sharing ratio is 5:3?Class 12Reconstitution - Admission of a PartnerReservesHard AccountancyWorkmen Compensation Reserve is ₹60000 and claim is ₹25000. What is the correct journal logic?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt the time of admission of a new partner, the Workmen Compensation Reserve is ₹1,20,000 and a claim of ₹45,000 exists against it. The remaining reserve is to be distributed among the old partners in the ratio 5:4:3. How much will be credited to the account of the third old partner?Class 12Reconstitution - Admission of a PartnerReservesExpert AccountancyAt the time of admission of a new partner, the Workmen Compensation Reserve is ₹84,000, while the actual claim is ₹1,00,000. The old partners share profits and losses in the ratio of 7:5. What amount of the additional loss will be debited to the capital account of the first old partner?Class 12Reconstitution - Admission of a PartnerReservesExpert