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Class 12 · Accountancy
→Advertisement expense payable of ₹4300 was not in books. Which account will be credited?
Class 12 · Accountancy
→Rent receivable of ₹15500 is not in books. Which account will be debited when it is recorded?
Class 12 · Accountancy
→At the time of admission, prepaid advertisement worth ₹7,200 was found to be unrecorded in the books and is now being recorded. What will be its effect on the Revaluation Account?
Class 12 · Accountancy
→Debtors amounting to ₹8,200 became bad debts. What will be the effect in the Revaluation Account?
Class 12 · Accountancy
→If investment value increases from ₹95000 to ₹108000 what will happen in revaluation account?
Class 12 · Accountancy
→If lender's amount is increased by ₹14000 what type of effect is it?
Class 12 · Accountancy
→If warehouse value is increased how will it appear in revaluation account?
Class 12 · Accountancy
→What is the correct reason for not giving revaluation profit to the new partner?
Class 12 · Accountancy
→The debit total of the Revaluation Account is ₹87,000 and the credit total is ₹59,000. What will be the result?
Class 12 · Accountancy
→The credit total of the Revaluation Account is ₹1,05,000 and the debit total is ₹76,000. What will be the result?
Class 12 · Accountancy
→Unrecorded asset of ₹42000 and unrecorded liability of ₹36000 are found. What will be the net result?
Class 12 · Accountancy
→Stock decreased by ₹26000 and creditors decreased by ₹31000. What will be the net result?
Class 12 · Accountancy
→During the reconstitution of a firm, the value of the building increased by ₹70,000 and the value of equipment decreased by ₹22,000. What will be the net result of the Revaluation Account?
Class 12 · Accountancy
→What is the correct entry for recording unrecorded legal claim payable of ₹27000?
Class 12 · Accountancy
→Which is the correct entry for recording unrecorded copyright of ₹32000?
Class 12 · Accountancy
→Existing provision for doubtful debts is ₹18000 and new required provision is ₹12500. What will happen in revaluation account?
Class 12 · Accountancy
→The existing provision for an asset is ₹12,000, while the new provision required after revaluation is ₹15,000. What amount will be debited to the Revaluation Account?
Class 12 · Accountancy
→A firm’s debtors amount to ₹1,50,000. At the time of reconstitution, a new provision of 6% for doubtful debts is to be created. What loss will be recorded in the Revaluation Account?
Class 12 · Accountancy
→If furniture decreases from ₹78000 to ₹70000 which account will be credited?
Class 12 · Accountancy
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