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Class 12 · Accountancy

How is an increase in intangible asset treated in Revaluation Account?

Class 12 · Accountancy

If copyright value is reduced from ₹15000 to ₹10000 then what will happen?

Class 12 · Accountancy

If trademark is recorded for the first time at ₹12000 then on which side of Revaluation Account will it go?

Class 12 · Accountancy

At the time of admission of a new partner, a loan is reduced from ₹36,000 to ₹33,000. What effect will be recorded in the Revaluation Account?

Class 12 · Accountancy

If the amount of a loan increases from ₹50,000 to ₹54,000, what will be its effect on the Revaluation Account?

Class 12 · Accountancy

If income received in advance liability is reduced from ₹2400 to ₹1800 then what is the result?

Class 12 · Accountancy

If prepaid rent of ₹1500 was unrecorded and is now found then what is it?

Class 12 · Accountancy

What is the correct entry to record unrecorded electricity bill of ₹900?

Class 12 · Accountancy

If an unrecorded electricity bill of ₹900 is found then what is its revaluation effect?

Class 12 · Accountancy

What is the correct entry for unrecorded cash of ₹2000 found?

Class 12 · Accountancy

If the firm finds unrecorded cash of ₹2000 then what is its revaluation effect?

Class 12 · Accountancy

Who is entitled to the gain arising from the revaluation increase in an asset before the admission of a new partner?

Class 12 · Accountancy

The old provision for doubtful debts was ₹1,000 and the new provision required after reconstitution is ₹1,700. What will be its effect on the Revaluation Account?

Class 12 · Accountancy

If the old provision for doubtful debts is ₹2500 and the newly required provision is ₹1800, what will be recorded in the Revaluation Account?

Class 12 · Accountancy

If provision is reduced from ₹6000 to ₹5200 then what is the gain?

Class 12 · Accountancy

If there was no earlier provision and now provision for doubtful debts is created then what type of item is it?

Class 12 · Accountancy

If debtors are ₹30000 and a new provision of ₹1200 is required then what happens in Revaluation Account?

Class 12 · Accountancy

In Revaluation Account what is recorded instead of the new value of an asset?

Class 12 · Accountancy

If old furniture value is reduced from ₹16000 to ₹11000 then what is the revaluation effect?

Class 12 · Accountancy

At the time of admission of a partner, the value of office equipment is increased from ₹18,000 to ₹22,000. What will be the gain from the revaluation of the asset?