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Accounting Entries

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

AccountancyOn dissolution of the firm, when cash is received from a partner, what entry is made in the Cash Account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn the dissolution of a partnership firm, a partner’s final amount due is paid through the bank. How will this transaction affect the Bank Account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, when the partner is paid the final amount through the bank, what effect does this have on the bank account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf interest on drawings is receivable by the firm, which entry will be made in the partner’s capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf partner Neelam pays dissolution expenses of ₹4,000 on behalf of the firm, what entry will be made in Neelam’s capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyWhen realisation expenses are paid by a creditor instead of through the bank and the amount is adjusted against the creditor’s claim, what is the correct accounting entry?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if a partner personally bears the realisation expenses without claiming reimbursement from the firm, what entry will be passed in the books?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyHow are expenses recordedClass 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIn the Realisation Account, what does it indicate when a partner takes over an asset at zero value?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen an unrecorded liability is discovered and paid during the dissolution of a firm, what effect will it have on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen an unrecorded asset is sold, on which side of the Realisation Account is the amount received recorded?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIf realisation expenses are recorded in the Realisation Account at an amount higher than the actual amount, what will be the final effect?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIn the Realisation Account, what does taking over an asset at zero value generally indicate?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyDuring the dissolution of a firm, if a liability is legally extinguished and no payment is required, what effect will it have on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if an asset recorded in the books cannot be realised and becomes useless, what is the correct treatment in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyOn the dissolution of a partnership firm, an unrecorded asset is realised for ₹12,000 and an unrecorded liability is paid for ₹8,000. If both are correctly recorded in the Realisation Account, what will be the net effect on this account?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if the required entry for an asset taken over by a partner—debiting the partner’s Capital Account and crediting the Realisation Account—is not passed, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution of a firm, to which account is the profit or loss arising from the Realisation Account ultimately transferred?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of the firm, which of the following accounts is not transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a partnership firm, if a partner brings additional capital in cash to meet the firm's liabilities, which account will be credited?Class 12Dissolution of a Partnership FirmRealisation AccountExpert