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Class 12 · Accountancy
→If outstanding rent of ₹9000 was not recorded and is recorded on admission which account will be credited?
Class 12 · Accountancy
→If accrued commission of ₹6,000 has not been recorded in the firm’s books and is recorded at the time of reconstitution, which entry will be passed?
Class 12 · Accountancy
→If prepaid insurance of ₹2000 is not in books and is recorded on admission what will happen?
Class 12 · Accountancy
→If ₹5000 from debtors is considered bad debt what will happen in revaluation account?
Class 12 · Accountancy
→If market value of investment is higher than book value what happens in revaluation account?
Class 12 · Accountancy
→If bank loan is revalued and its amount is reduced what type of effect is it?
Class 12 · Accountancy
→If value of vehicles is reduced on admission what type of revaluation effect is it?
Class 12 · Accountancy
→Why is the new partner not given share in revaluation profit?
Class 12 · Accountancy
→Debit side of revaluation account exceeds credit side by ₹21000. What does it mean?
Class 12 · Accountancy
→Credit side of revaluation account exceeds debit side by ₹14000. What does it mean?
Class 12 · Accountancy
→Unrecorded asset of ₹22000 and unrecorded liability of ₹17000 are found. What will be the net revaluation result?
Class 12 · Accountancy
→Stock decreased by ₹15000 and creditors decreased by ₹10000. What will be the net revaluation result?
Class 12 · Accountancy
→The value of land increased from ₹3,00,000 to ₹3,60,000, while the value of machinery decreased from ₹2,00,000 to ₹1,70,000. What will be the net revaluation result?
Class 12 · Accountancy
→What is the correct entry for recording unrecorded outstanding salary of ₹12000?
Class 12 · Accountancy
→Which is the correct entry for recording unrecorded investment of ₹30000?
Class 12 · Accountancy
→If existing provision is ₹10000 and new required provision is ₹7000 what will happen in revaluation account?
Class 12 · Accountancy
→If existing provision for doubtful debts is ₹6000 and new required provision is ₹9000 what is the effect on revaluation account?
Class 12 · Accountancy
→On admission a (5%) provision for doubtful debts is to be created on debtors of ₹80000. What loss will be recorded in revaluation account?
Class 12 · Accountancy
→If furniture decreases from ₹45000 to ₹36000 which account will be credited?
Class 12 · Accountancy
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