Search questions
Use text search or combine filters to find exactly the questions you need.
Class 12 · Accountancy
→A and B are partners sharing profits and losses in the ratio of 3:5. A loss of ₹48,000 arises in the Revaluation Account. What amount will be debited to B’s Capital Account?
Class 12 · Accountancy
→A and B share profits and losses in the ratio of 2:1. At the time of admission of a new partner, the Revaluation Account shows a profit of ₹36,000. This profit is to be distributed among the old partners. What amount will be credited to A’s Capital Account?
Class 12 · Accountancy
→To whose capital accounts will net loss of revaluation account be debited?
Class 12 · Accountancy
→In which ratio will net profit of revaluation account be distributed among old partners?
Class 12 · Accountancy
→On recording unrecorded repairs payable of ₹9500 which account will be debited?
Class 12 · Accountancy
→Unrecorded machinery of ₹45000 is found. What is the correct journal effect?
Class 12 · Accountancy
→If outstanding expenses increase from ₹22000 to ₹30000 what will happen in revaluation account?
Class 12 · Accountancy
→Bank loan decreased from ₹180000 to ₹165000. What will be its effect on revaluation account?
Class 12 · Accountancy
→If computer value decreases from ₹65000 to ₹52000 what will be recorded in revaluation account?
Class 12 · Accountancy
→If land value increases from ₹400000 to ₹455000 what will happen in revaluation account?
Class 12 · Accountancy
→What is the main reason for preparing revaluation account on admission?
Class 12 · Accountancy
→If a liability is reduced in revaluation then at what value will it appear in the final balance sheet?
Class 12 · Accountancy
→If an asset is reduced in revaluation then at what value will it appear in the final balance sheet?
Class 12 · Accountancy
→Which statement about Revaluation Account is incorrect?
Class 12 · Accountancy
→Under fluctuating capital method revaluation loss will be debited to which account?
Class 12 · Accountancy
→Under fixed capital method revaluation loss will be debited to which account?
Class 12 · Accountancy
→If loss items are ₹14500 and gain items are ₹11000 then what is the net revaluation result?
Class 12 · Accountancy
→If gain items are ₹16000 and loss items are ₹10500 then what is the net revaluation result?
Class 12 · Accountancy
→During reconstitution, an asset decreases in value by ₹6,500 and a liability increases by ₹2,500. What will be the total loss in the Revaluation Account?
Class 12 · Accountancy
→