Rajshree Tutorials

Q.27 Which of the following statement does not relate to ‘Reserve Capital’?

11 hours ago | [YT] | 1

Rajshree Tutorials

Q.26 When shares are forfeited, share capital account is debited with

11 hours ago | [YT] | 0

Rajshree Tutorials

Q.28 Revaluation Account is a:

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Q.25 Closing entry for interest on loan allowed to partners __________

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Rajshree Tutorials

If discount on reissue of shares is less than the amount forfeited, the surplus is
transferred to

1 day ago | [YT] | 0

Rajshree Tutorials

Which of the following items are added to previous year’s profits for finding normal
profits for valuation of goodwill?

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There is a need of revaluation of assets and liabilities on admission of a partner
because

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As per section a minor may be admitted for the benefit of the partnership if:-

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Rajshree Tutorials

Q.13 On the Admission of a new partner, increase in the value of assets is debited to:

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Rajshree Tutorials

Q.14 Salary to a partner under fixed capital account is credited to

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