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Class 12 · Accountancy
→Commission payable of ₹6200 was not in books. Which account will be credited?
Class 12 · Accountancy
→Interest receivable of ₹13000 is not in books. What will happen when it is recorded?
Class 12 · Accountancy
→Prepaid rent of ₹4,500 was not recorded in the books. What will be the effect of recording it at the time of admission of a new partner?
Class 12 · Accountancy
→At the time of reconstitution, bad debts of ₹6,500 were identified from the debtors. What is the correct accounting effect?
Class 12 · Accountancy
→If investment value decreases from ₹74000 to ₹69000 what will happen in revaluation account?
Class 12 · Accountancy
→If lender's amount is reduced by ₹25000 how will it be treated?
Class 12 · Accountancy
→If the value of a warehouse is reduced, how will the reduction appear in the Revaluation Account?
Class 12 · Accountancy
→Why is revaluation loss not charged to the new partner?
Class 12 · Accountancy
→The debit total of the Revaluation Account is ₹54,000 and its credit total is ₹31,000. What will be the result of the account?
Class 12 · Accountancy
→At the time of admission, the credit total of the Revaluation Account is ₹92,000 and the debit total is ₹68,000. What will be the result of revaluation?
Class 12 · Accountancy
→An unrecorded asset of ₹35,000 and an unrecorded liability of ₹50,000 are found. What will be the net revaluation result?
Class 12 · Accountancy
→Debtors decreased by ₹9000 and bills payable decreased by ₹14000. What will be the net result?
Class 12 · Accountancy
→The value of land increased by ₹45,000, while the value of furniture decreased by ₹17,000. What will be the net result of revaluation of assets?
Class 12 · Accountancy
→On recording unrecorded electricity expense payable of ₹7500 which account will be credited?
Class 12 · Accountancy
→Which is the correct entry for recording an unrecorded trademark valued at ₹28,000?
Class 12 · Accountancy
→The existing provision is ₹3,500 and the new provision required after reconstitution is ₹9,000. What amount will be debited to the Revaluation Account?
Class 12 · Accountancy
→Existing provision for doubtful debts is ₹8000 and new required provision is ₹5000. What will happen in revaluation account?
Class 12 · Accountancy
→A firm's debtors are ₹1,00,000, and a provision for doubtful debts at 4% is to be created. What loss will be recorded in the Revaluation Account?
Class 12 · Accountancy
→Patent value changed from ₹50000 to ₹41000. Which account will be credited?
Class 12 · Accountancy
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