4 Reserves questions from CUET Accountancy 2022 15 July Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Reserves โ CUET Accountancy 2022 15 July Shift 2(1โ4 of 4)
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Q1easymcqAccountancyCUET Accountancy 2022 15 July Shift 22026
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X and Y are partners in a firm sharing profits in the ratio of 4:1. Z is admitted in the firm for 51โth share. On the admission of Z there was a balance of Rs.ย 20,000 in general reserve. What would be the journal entry for distributing the reserve?
Q2easymcqAccountancyCUET Accountancy 2023 11 June Shift 32026
At the time of admission, credit balance of Profit and Loss account appearing in books will be transferred to:
Q3easymcqAccountancyCUET Accountancy 2025 27 May Shift 22026
When a new partner is admitted, the undistributed profits that appear in the balance sheet of the old firm are transferred to the capital account of:
Q4easymcqAccountancyCUET Accountancy 2025 30 May Shift 22026
At the time of admission of a new partner, general reserve appearing in the old balance sheet is transferred to:
CUET Accountancy 2022 15 July Shift 2 Reserves โ FAQ
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Our database has 4 Reserves questions from CUET Accountancy 2022 15 July Shift 2 covering 2026 to 2026.
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