Interest on drawings is to be received from partner. Therefore his capital account is debited by one thousand rupees.
Step 2
Why this answer is correct
The correct answer is A. एक हजार रुपये नाम / Debit ₹1,000. Interest on drawings is to be received from partner. Therefore his capital account is debited by one thousand rupees.
Step 3
Exam Tip
आहरण पर ब्याज साझेदार से लेना है। इसलिए उसका पूंजी खाता एक हजार रुपये से नामित होगा।
A. पूंजी खाता नामित होगा/Capital account will be debited
Step 1
Concept
Interest on drawings is an amount payable by the partner. Therefore his capital account is debited.
Step 2
Why this answer is correct
The correct answer is A. पूंजी खाता नामित होगा / Capital account will be debited. Interest on drawings is an amount payable by the partner. Therefore his capital account is debited.
Step 3
Exam Tip
आहरण पर ब्याज साझेदार की देय राशि है। इसलिए उसका पूंजी खाता नामित होता है।
Each instalment reduces liability, so it is debited to loan account. Exam tip: record instalments like payments.
Step 2
Why this answer is correct
The correct answer is A. ₹22500 डेबिट / ₹22500 debit. Each instalment reduces liability, so it is debited to loan account. Exam tip: record instalments like payments.
Step 3
Exam Tip
प्रत्येक किस्त देयता घटाती है इसलिए ऋण खाते में डेबिट होगी। परीक्षा में किस्तों को भुगतान की तरह दर्ज करें।
Each instalment reduces liability, so it is debited to loan account. Exam tip: treat instalment as payment.
Step 2
Why this answer is correct
The correct answer is B. ₹20000 डेबिट / ₹20000 debit. Each instalment reduces liability, so it is debited to loan account. Exam tip: treat instalment as payment.
Step 3
Exam Tip
प्रत्येक किस्त देयता घटाती है इसलिए ऋण खाते में डेबिट होती है। परीक्षा में किस्त को भुगतान की तरह लें।
B. हर किस्त ₹20000 से डेबिट करेगी/Each instalment debits by ₹20000
Step 1
Concept
Each instalment reduces liability, so it is debited to loan account. Exam tip: treat instalment as payment.
Step 2
Why this answer is correct
The correct answer is B. हर किस्त ₹20000 से डेबिट करेगी / Each instalment debits by ₹20000. Each instalment reduces liability, so it is debited to loan account. Exam tip: treat instalment as payment.
Step 3
Exam Tip
प्रत्येक किस्त देयता घटाती है इसलिए ऋण खाते में डेबिट होती है। परीक्षा में किस्त को भुगतान मानें।
B. निवृत्त साझेदार ऋण खाता/Retiring Partner's Loan Account
Step 1
Concept
Debiting the loan account reduces the liability. Exam tip: debit the related liability account when liability decreases.
Step 2
Why this answer is correct
The correct answer is B. निवृत्त साझेदार ऋण खाता / Retiring Partner's Loan Account. Debiting the loan account reduces the liability. Exam tip: debit the related liability account when liability decreases.
Step 3
Exam Tip
ऋण खाते को डेबिट करने से देयता घटती है। परीक्षा में देयता घटने पर संबंधित दायित्व खाते को डेबिट करें।
Interest is an expense of firm, so Profit and Loss Account is debited. Exam tip: do not link loan interest with revaluation.
Step 2
Why this answer is correct
The correct answer is B. लाभ हानि खाता / Profit and Loss Account. Interest is an expense of firm, so Profit and Loss Account is debited. Exam tip: do not link loan interest with revaluation.
Step 3
Exam Tip
ब्याज फर्म का खर्च है इसलिए लाभ हानि खाते में डेबिट होगा। परीक्षा में ऋण ब्याज को पुनर्मूल्यांकन से न जोड़ें।
A. निवृत्त साझेदार ऋण खाता/Retiring Partner's Loan Account
Step 1
Concept
Each instalment reduces the loan liability so the loan account is debited. Exam tip: record instalments like payments.
Step 2
Why this answer is correct
The correct answer is A. निवृत्त साझेदार ऋण खाता / Retiring Partner's Loan Account. Each instalment reduces the loan liability so the loan account is debited. Exam tip: record instalments like payments.
Step 3
Exam Tip
हर किस्त ऋण देयता को कम करती है इसलिए ऋण खाता डेबिट होता है। परीक्षा में किस्त को भुगतान की तरह लिखें।
Gaining partners will receive higher future profits so they bear the goodwill burden. Therefore their capital accounts are debited.
Step 2
Why this answer is correct
The correct answer is A. लाभ प्राप्त करने वाले साझेदार / Gaining partners. Gaining partners will receive higher future profits so they bear the goodwill burden. Therefore their capital accounts are debited.
Step 3
Exam Tip
लाभ प्राप्त करने वाले साझेदार भविष्य में अधिक लाभ पाएंगे इसलिए वे सद्भावना का भार उठाते हैं। इसलिए उनके पूंजी खाते नामे होते हैं।
A. लाभ प्राप्त करने वाले साझेदारों के पूंजी खाते/Gaining partners' capital accounts
Step 1
Concept
The remaining partners gain the deceased partner's share. Therefore their capital accounts are debited.
Step 2
Why this answer is correct
The correct answer is A. लाभ प्राप्त करने वाले साझेदारों के पूंजी खाते / Gaining partners' capital accounts. The remaining partners gain the deceased partner's share. Therefore their capital accounts are debited.
Step 3
Exam Tip
मृत साझेदार का हिस्सा शेष साझेदार प्राप्त करते हैं। इसलिए उनका पूंजी खाता डेबिट होता है।
General reserve has credit balance. To close it General Reserve Account is debited.
Step 2
Why this answer is correct
The correct answer is A. सामान्य संचय खाता / General Reserve Account. General reserve has credit balance. To close it General Reserve Account is debited.
Step 3
Exam Tip
सामान्य संचय का शेष क्रेडिट होता है। उसे बंद करने के लिए सामान्य संचय खाता डेबिट किया जाता है।
To close credit balance Profit and Loss Account is debited. Old partners are credited.
Step 2
Why this answer is correct
The correct answer is A. लाभ और हानि खाता / Profit and Loss Account. To close credit balance Profit and Loss Account is debited. Old partners are credited.
Step 3
Exam Tip
क्रेडिट शेष बंद करने के लिए लाभ और हानि खाते को डेबिट किया जाता है। पुराने साझेदारों को क्रेडिट दिया जाता है।
General reserve has credit balance and is debited to close it. Then old partners are credited.
Step 2
Why this answer is correct
The correct answer is A. सामान्य संचय खाता / General Reserve Account. General reserve has credit balance and is debited to close it. Then old partners are credited.
Step 3
Exam Tip
सामान्य संचय का क्रेडिट शेष बंद करने के लिए उसे डेबिट करते हैं। फिर पुराने साझेदारों को क्रेडिट दिया जाता है।
Old partners bear accumulated losses so their capital decreases. Therefore capital accounts are debited.
Step 2
Why this answer is correct
The correct answer is A. पूंजी घटती है / Capital decreases. Old partners bear accumulated losses so their capital decreases. Therefore capital accounts are debited.
Step 3
Exam Tip
संचित हानि पुराने साझेदार वहन करते हैं इसलिए उनकी पूंजी घटती है। इसलिए पूंजी खाते डेबिट होते हैं।
A. देयता वृद्धि हानि है इसलिए डेबिट होनी चाहिए/Increase in liability is loss so it should be debited
Step 1
Concept
Increase in liability is an extra burden. Therefore it should be debited to Revaluation Account.
Step 2
Why this answer is correct
The correct answer is A. देयता वृद्धि हानि है इसलिए डेबिट होनी चाहिए / Increase in liability is loss so it should be debited. Increase in liability is an extra burden. Therefore it should be debited to Revaluation Account.
Step 3
Exam Tip
देयता बढ़ना अतिरिक्त बोझ है। इसलिए पुनर्मूल्यांकन खाते में डेबिट होना चाहिए।
Loss reduces capital so it is debited to old partners capital accounts. It is always done in the old ratio.
Step 2
Why this answer is correct
The correct answer is B. डेबिट पक्ष / Debit side. Loss reduces capital so it is debited to old partners capital accounts. It is always done in the old ratio.
Step 3
Exam Tip
हानि पूंजी को घटाती है इसलिए पुराने साझेदारों के पूंजी खातों में डेबिट होती है। यह हमेशा पुराने अनुपात से होती है।
Question 27/86HardAccountancyReconstitution - Admission of a PartnerAsset RevaluationClass 12Level 23
प्रवेश पर पुराने साझेदारों ने तय किया कि विज्ञापन निलंबित व्यय ₹45000 में से ₹15000 भविष्य के लिए उपयोगी है। पुनर्मूल्यांकन खाते में कितनी राशि डेबिट होगी?
Rent paid in advance is an asset and the expired part is no longer beneficial. Therefore asset decrease of ₹10000 is debited.
Step 2
Why this answer is correct
The correct answer is A. ₹10000 डेबिट / Debit ₹10000. Rent paid in advance is an asset and the expired part is no longer beneficial. Therefore asset decrease of ₹10000 is debited.
Step 3
Exam Tip
अग्रिम किराया परिसंपत्ति है और समाप्त भाग अब लाभकारी नहीं है। इसलिए ₹10000 की परिसंपत्ति कमी डेबिट होगी।
The usefulness of prepaid expense has decreased by ₹6000. A decrease in asset is debited to Revaluation Account.
Step 2
Why this answer is correct
The correct answer is A. ₹6000 डेबिट / Debit ₹6000. The usefulness of prepaid expense has decreased by ₹6000. A decrease in asset is debited to Revaluation Account.
Step 3
Exam Tip
प्रीपेड खर्च की उपयोगिता ₹6000 कम हो गई है। परिसंपत्ति में कमी होने से पुनर्मूल्यांकन खाते में डेबिट होगा।
A. उसे डेबिट करना चाहिए क्योंकि देयता वृद्धि हानि है/It should be debited because liability increase is loss
Step 1
Concept
Increase in liability is extra burden on firm so it is a loss. Debit it to Revaluation Account.
Step 2
Why this answer is correct
The correct answer is A. उसे डेबिट करना चाहिए क्योंकि देयता वृद्धि हानि है / It should be debited because liability increase is loss. Increase in liability is extra burden on firm so it is a loss. Debit it to Revaluation Account.
Step 3
Exam Tip
देयता बढ़ना फर्म पर अतिरिक्त बोझ है इसलिए हानि है। इसे पुनर्मूल्यांकन खाते में डेबिट करें।
