DOE ONLINE CLASSES TEST ON CHAPTER-6 Retirement/Death of a Partner FOR CLASS XII
This form is based on the learning through online classes on the topic of  Revaluation of assets and reassessment of liabilities on Retirement/Death of a partner organised by DOE, GNCT of Delhi.

Prepared by Mr. Shivam Kumar(RPVV, CIVIL LINES), with the SUPPORT of Team members Ms. Anita kardam,
Ms. Neelam Sharma, Mr. Arun Sethi, Mr. Mukesh Sharma, Mr. Tarun Mittal, Mr. Puneet Gola & Mrs. Alka Jain
Email *
Name of the student *
Class and Section *
Name of the School *
School ID *
Q.1 What is the nature of revaluation A/c? *
1 point
Q.2 Gain/Loss on Revaluation is distributed in: *
1 point
Q.3 After opening revaluation A/c, we record assets/liabilities in new balance sheet at: *
1 point
Q.4 In Revaluation A/c, Increase in furniture is recorded- *
1 point
Q.5 In Revaluation A/c, Decrease in creditors is recorded- *
1 point
Q.6 Gain on Revaluation will- *
1 point
Q.7 Revaluation A/c is also known as- *
1 point
Q.8 Gain on Revaluation- 20,000 at the time P's retirement. Profit sharing ratio of K,S, and P is 2:2:1. Which of the followings is correct: *
1 point
Q.9 Debtors- 50,000. Existing provision for doubtful debts- 6,000. On Retirement of a partner, 10,000 is to be written off as bad debts and provision for doubtful is to be maintained at 10% on debtors. Choose the correct option for this adjustment- *
1 point
Q.10 Debtors- 80,000. Existing provision for doubtful debts- 12,000. On Retirement of a partner, 8,000 is to be written off as bad debts and provision for doubtful is to be maintained at 5% on debtors. Choose the correct option for this adjustment- *
1 point
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