Balance Sheet had an Investments Huctuation Reserve of RS.20,000 New partner is admitted Market Value of investments is RS.60,000 against its book val

Balance Sheet had an Investments Huctuation Reserve of RS.20,000 New partner is admitted Market Value of investments is RS.60,000 against its book value of RS.80,000. What amount of the Investments Fluctuation Reserve will be distributed among partners?

Monjur Alahi

6 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

Correct Answer - Nil.

6 views Answered 2023-02-05 15:29

Related Questions

Shubh Limited has the following balances appearing in its Balance Sheet: `{:("Securities Premium Reserve",,Rs.,"22,00,000"),("9% Debentures",,Rs.,"1,2

2 Answers 5 Views

Fixed Assets (at cost) ₹ 30,00,00, Accumulated Depreciation till date ₹ 5,00,000 , Trade Investments ₹ 2,50,000: Current Assets ₹ 11,00,000, Currents

2 Answers 4 Views

At the time of admission of a new partner, new porfit-sharing ratio is determined. New or incoming partner acquires the share from old partners and as

2 Answers 6 Views

State the two main rights that a newly admitted partner acquires in the firm. Or State the rights acquried by a newly admitted partner.

2 Answers 5 Views

A, B, C and D were partners in a firm sharing profits in the ratio of 4 : 3 : 2 : 1. On 1st January, 2015, they admitted E as a new partner for 1/10 s

2 Answers 5 Views

Bharati and Astha were partners sharing profits in the ratio of 3 : 2. They admitted Dinkar as a new partner for 1/5th share in the future profits of

2 Answers 5 Views

A and B are partners sharing profits in the ratio of 3 : 2. C is admitted as a partner. The new profit-sharing ratio among A, B and C is 4 : 3 : 2. Fi

2 Answers 5 Views

A, B and C are partners sharing profits in the ratio of 2 : 2 : 1, D is admitted as a new partner for 1/6th share. C will retain his original share. C

2 Answers 4 Views

A and B were partners in a firm sahring profits and losses in the ratio of 3 : 2. they admitted C as a new partner for 3/7th share in the profit and t

2 Answers 6 Views

Nominal partner, Active partner, Dormant partner, Minor as a partner.

2 Answers 4 Views

এক্সাম দিয়ে মেধা যাচাই করুন

Job Preparation (1125)

Admission (754)

এসএসসি (10)

এইচএসসি (5)