A. क्योंकि वह प्रवेश से पहले का लाभ है/Because it is profit before admission
Step 1
Concept
Accumulated profit relates to the old period. Therefore it is shared among old partners in old ratio.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि वह प्रवेश से पहले का लाभ है / Because it is profit before admission. Accumulated profit relates to the old period. Therefore it is shared among old partners in old ratio.
Step 3
Exam Tip
संचित लाभ पुराने समय से संबंधित होता है। इसलिए यह पुराने साझेदारों में पुराने अनुपात से बांटा जाता है।
Reserve is accumulated profit so old partners capital increases. Hence capital accounts are credited.
Step 2
Why this answer is correct
The correct answer is A. क्रेडिट होंगे / They will be credited. Reserve is accumulated profit so old partners capital increases. Hence capital accounts are credited.
Step 3
Exam Tip
रिजर्व संचित लाभ है इसलिए पुराने साझेदारों की पूंजी बढ़ती है। इसी कारण पूंजी खाते क्रेडिट होते हैं।
A. सामान्य रिजर्व खाता डेबिट और पुराने साझेदार पूंजी खाते क्रेडिट/General Reserve debit and old partners capital credit
Step 1
Concept
The reserve has credit balance so it is debited to close it. Old partners are credited as profit holders.
Step 2
Why this answer is correct
The correct answer is A. सामान्य रिजर्व खाता डेबिट और पुराने साझेदार पूंजी खाते क्रेडिट / General Reserve debit and old partners capital credit. The reserve has credit balance so it is debited to close it. Old partners are credited as profit holders.
Step 3
Exam Tip
रिजर्व का क्रेडिट शेष बंद करने के लिए रिजर्व खाता डेबिट किया जाता है। पुराने साझेदारों को लाभ के रूप में क्रेडिट किया जाता है।
Profit and Loss debit balance is accumulated loss. It is debited to old partners in old profit ratio.
Step 2
Why this answer is correct
The correct answer is A. पुराने अनुपात में डेबिट / Debited in old ratio. Profit and Loss debit balance is accumulated loss. It is debited to old partners in old profit ratio.
Step 3
Exam Tip
लाभ हानि डेबिट शेष संचित हानि है। इसे पुराने साझेदारों को पुराने लाभ अनुपात में डेबिट करते हैं।
The claim and reserve are equal so the full reserve is adjusted against claim. Nothing remains for distribution.
Step 2
Why this answer is correct
The correct answer is C. शून्य / Zero. The claim and reserve are equal so the full reserve is adjusted against claim. Nothing remains for distribution.
Step 3
Exam Tip
दावा और रिजर्व बराबर हैं इसलिए पूरा रिजर्व दावे में समायोजित हो जाएगा। बांटने के लिए कुछ नहीं बचेगा।
A. यह कर्मचारियों के प्रति देयता है/It is liability towards employees
Step 1
Concept
Employees Provident Fund is an outside liability. It is not distributed as profit among partners.
Step 2
Why this answer is correct
The correct answer is A. यह कर्मचारियों के प्रति देयता है / It is liability towards employees. Employees Provident Fund is an outside liability. It is not distributed as profit among partners.
Step 3
Exam Tip
कर्मचारी भविष्य निधि बाहरी देयता है। इसे लाभ मानकर साझेदारों में नहीं बांटा जाता।
Capital Reserve is also treated as accumulated profit of old partners. Second partner share is ₹33000 × 5/11 = ₹15000.
Step 2
Why this answer is correct
The correct answer is B. ₹15000 / ₹15000. Capital Reserve is also treated as accumulated profit of old partners. Second partner share is ₹33000 × 5/11 = ₹15000.
Step 3
Exam Tip
पूंजी रिजर्व भी पुराने साझेदारों का संचित लाभ माना जाता है। दूसरे साझेदार का हिस्सा ₹33000 × 5/11 = ₹15000 है।
A. पुराने साझेदारों को पुराने अनुपात में डेबिट/Debit old partners in old ratio
Step 1
Concept
Advertisement Suspense is a fictitious or deferred asset. When written off old partners are debited like a loss.
Step 2
Why this answer is correct
The correct answer is A. पुराने साझेदारों को पुराने अनुपात में डेबिट / Debit old partners in old ratio. Advertisement Suspense is a fictitious or deferred asset. When written off old partners are debited like a loss.
Step 3
Exam Tip
विज्ञापन सस्पेंस काल्पनिक या स्थगित संपत्ति है। इसे लिखने पर पुराने साझेदारों को हानि की तरह डेबिट किया जाता है।
Writing off Preliminary Expenses has effect like accumulated loss. First partner share is ₹18000 × 5/6 = ₹15000.
Step 2
Why this answer is correct
The correct answer is A. ₹15000 / ₹15000. Writing off Preliminary Expenses has effect like accumulated loss. First partner share is ₹18000 × 5/6 = ₹15000.
Step 3
Exam Tip
प्रारंभिक व्यय लिखने पर संचित हानि जैसा प्रभाव होता है। पहले साझेदार का हिस्सा ₹18000 × 5/6 = ₹15000 है।
If ratio is not given partners are generally assumed equal. In exams always read special instruction first.
Step 2
Why this answer is correct
The correct answer is A. समान अनुपात / Equal ratio. If ratio is not given partners are generally assumed equal. In exams always read special instruction first.
Step 3
Exam Tip
अनुपात न मिलने पर साझेदार सामान्यतः बराबर माने जाते हैं। परीक्षा में पहले प्रश्न की विशेष सूचना जरूर पढ़ें।
Reserve is the balance of old profit. If not distributed the new partner may later share that old profit.
Step 2
Why this answer is correct
The correct answer is A. पुराने लाभ में हिस्सा / Share in old profit. Reserve is the balance of old profit. If not distributed the new partner may later share that old profit.
Step 3
Exam Tip
रिजर्व पुराने लाभ का शेष है। इसे न बांटने पर नया साझेदार भविष्य में उस पुराने लाभ का हिस्सा पा सकता है।
Correct shares are ₹40000 and ₹16000 but equal sharing gives ₹28000 each. The partner with 5 parts loses ₹12000.
Step 2
Why this answer is correct
The correct answer is A. 5 भाग वाला साझेदार / Partner with 5 parts. Correct shares are ₹40000 and ₹16000 but equal sharing gives ₹28000 each. The partner with 5 parts loses ₹12000.
Step 3
Exam Tip
सही हिस्से ₹40000 और ₹16000 हैं पर बराबर बांटने पर ₹28000 प्रत्येक मिलेंगे। 5 भाग वाले को ₹12000 कम मिलेंगे।
A. पुराने साझेदारों में पुराने अनुपात से बांटेगा/Shared among old partners in old ratio
Step 1
Concept
If there is no claim a free reserve is like old accumulated profit. It is shared among old partners.
Step 2
Why this answer is correct
The correct answer is A. पुराने साझेदारों में पुराने अनुपात से बांटेगा / Shared among old partners in old ratio. If there is no claim a free reserve is like old accumulated profit. It is shared among old partners.
Step 3
Exam Tip
यदि कोई दावा नहीं है तो मुक्त रिजर्व पुराने संचित लाभ जैसा है। इसे पुराने साझेदारों में बांटते हैं।
Accumulated profits belong to old partners. Therefore there is no direct effect on new partner capital.
Step 2
Why this answer is correct
The correct answer is A. सीधा कोई प्रभाव नहीं / No direct effect. Accumulated profits belong to old partners. Therefore there is no direct effect on new partner capital.
Step 3
Exam Tip
संचित लाभ पुराने साझेदारों के होते हैं। इसलिए नए साझेदार की पूंजी पर सीधा प्रभाव नहीं पड़ता।
A. क्योंकि रिजर्व प्रवेश से पहले के लाभ से बना है/Because reserve is created from profit before admission
Step 1
Concept
General Reserve is past earning of old partners. Therefore the new partner does not share it.
Step 2
Why this answer is correct
The correct answer is A. क्योंकि रिजर्व प्रवेश से पहले के लाभ से बना है / Because reserve is created from profit before admission. General Reserve is past earning of old partners. Therefore the new partner does not share it.
Step 3
Exam Tip
सामान्य रिजर्व पुराने साझेदारों की पिछली कमाई है। इसलिए नया साझेदार इसमें हिस्सा नहीं लेता।
