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Accounting Basics

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

AccountancyWhich of the following is not included in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyTo which account is the profit or loss arising from the Realisation Account generally transferred?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, on which side of the Realisation Account is goodwill recorded?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, what does a debit balance in a partner’s capital account indicate?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyFinal objective?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of a firm, what does it mean if the total of the credit side of the Realisation Account exceeds the total of its debit side?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIf the book value of debtors is ₹9,000 and ₹9,500 is realised from them, what result will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhich item is not included?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, which accounts are transferred to the Realisation Account for closure?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIn the Realisation Account of a partnership firm, what is the result when total receipts exceed total payments?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhat is the result when the profit and loss amounts in the Realisation Account are equal?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, if the amount realised from assets is less than the total amount paid for settling liabilities and realisation expenses, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIn the Realisation Account prepared at the time of dissolution, what is the result if total receipts exceed total payments?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhat is the effect of paying liabilities at the time of dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a partnership firm, what is the effect of the sale of assets on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhat is the settlement of a firm's liability called?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, what does the difference recorded in the Realisation Account represent when an asset is sold for less than its book value?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhen is the Realisation Account prepared?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhat is the main purpose of preparing a Realisation Account at the time of dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of a partnership firm, in which account are all gains or losses arising from the realisation of assets and settlement of liabilities accumulated?Class 12Dissolution of a Partnership FirmClosing the BusinessHard