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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।

AccountancyIf a partnership firm incurs a realisation loss of ₹15,000 and the partners share profits and losses in the ratio of 2:3, what amount of the loss will be debited to the second partner’s account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAfter the dissolution of a firm, what happens to its existence as a going concern?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution, a liability had a book value of ₹14,000 and was settled for ₹14,600. What loss did the firm incur?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn dissolution of a partnership firm, to whom is the balance of the reserve fund transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution of a partnership firm, the final adjustment in the partners’ capital accounts is made for which item?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyA and B share profits in the ratio of 7:3. On dissolution of the firm, a realisation loss of ₹5,000 is incurred. What will be A’s share of this loss?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyWhat is the final objective to ensure in the dissolution process?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution, a liability recorded at ₹17,000 is settled for ₹17,600. What will be the result of this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the dissolution of a partnership firm, to which account is the final balance of the Realisation Account transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhile closing the business, partners A and B share profits in the ratio 4:3. If the total profit is ₹14,000, what will be B's share?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhich of the following items is not transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution of a partnership firm, on which side of the Realisation Account is realisation expense of ₹2,500 recorded?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyUpon dissolution of a partnership firm, which of the following claims is settled last out of the amount realised from the firm’s assets?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the dissolution of a firm, if all assets are sold at their book values, liabilities are settled at their book values, and no additional expenses are incurred, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhen a creditor accepts the firm's stock in settlement of the amount due, which process does this form part of?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution, an asset with a book value of ₹20,000 was sold for ₹24,000. What will be the result on realisation?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhen a partnership firm’s business is completely closed and its accounts are settled, what is this process called?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyIn which situation can a profit arise in the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyFor what primary purpose is the Cash Account prepared at the time of dissolution of a firm?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhat is the main objective of settling liabilities at the time of dissolution of a firm?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy