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Accountancy Class 12

Class 12 Accountancy के इस tag से जुड़े questions। हर question के साथ chapter, topic, level और difficulty दी गई है।

AccountancyWhat is the result when the cash received from assets is more than their book value in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a partnership firm, if a profit arises from the sale of an asset, to which account is it transferred?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyDuring the dissolution of a firm, if an external liability is only partially paid and the remaining amount is not waived, what happens to the balance?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIf all entries in the Realisation Account are correct but the profit from realisation is distributed in the wrong profit-sharing ratio, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyIf a transaction related to the Realisation Account is mistakenly recorded twice, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyDuring dissolution, what will be the effect of recording the cash received from the sale of assets at an incorrect amount in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if an asset has zero realisable value but is transferred to the Realisation Account at its book value, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if a partner pays a firm’s liability out of personal funds, which journal entry should be passed?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyOther things remaining the same, which of the following events will increase the profit on realisation?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhy is the sale of assets recorded in the Realisation Account at the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if the total debit balance of the Realisation Account exceeds its total credit balance, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIf an asset is revalued before the dissolution of the firm and its revised value is recorded in the books, at which value will it be transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyOn the dissolution of a partnership firm, to which account is the commission paid for the sale of an asset debited?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of the firm, how is the bank balance treated in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyOn dissolution of a partnership firm, if an amount from the debtors proves to be irrecoverable, how is it treated in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a partnership firm, if a partner takes over an asset in kind instead of paying cash, what will be the accounting effect?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhat is the usual accounting treatment of Bills Receivable on the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a firm, how are bills receivable treated in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyDuring dissolution, after all necessary adjustments have been correctly recorded in the Realisation Account and the assets and liabilities have been settled, what is the final result if the account shows a credit balance?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if all assets and liabilities are recorded correctly but the final adjustment in the Realisation Account is made incorrectly, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountHard