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CBSE Notes 2011-2012 » XII-Accounts

Accounting For Partnership Firms

Give any two occasions when reconstitution of a partnership firm takes place. [Delhi 2008]

Short answer question

Give any two occasions when reconstitution of a partnership firm takes place. [Delhi 2008]

State any one of the rights that a newly admitted partner acquires in the firm. [Delhi 2008]

Short answer question

State any one of the rights that a newly admitted partner acquires in the firm. [Delhi 2008]

What is sacrificing ratio ? [Delhi 2008]

Short answer question

What is sacrificing ratio ? [Delhi 2008]

State any two reasons for the preparation of 'Revaluation Account' on the admission of a partner. [A...

Short answer question

State any two reasons for the preparation of 'Revaluation Account' on the admission of a partner. [AI 2008]

Why are assets revalued at the time of admission of a partner ? [AI2008C]

Short answer question

Why are assets revalued at the time of admission of a partner ? [AI2008C]

Why is a sacrifice ratio calculated ? [Delhi 2009]

Short answer question

Why is a sacrifice ratio calculated ? [Delhi 2009]

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