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CBSE Notes 2011-2012 » XII-Accounts

Accounting For Partnership Firms

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]

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

Why is a sacrifice ratio calculated ? [Delhi 2009]

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Why is a sacrifice ratio calculated ? [Delhi 2009]

What are accumulated losses ? [Foreign 2009]

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What are accumulated losses ? [Foreign 2009]

What is the nature of revaluation account ? [AI 2009]

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What is the nature of revaluation account ? [AI 2009]

What are accumulated profits ?

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What are accumulated profits ?

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