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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।

AccountancyAt the time of dissolution, to which side of the Realisation Account are external liabilities transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyIn which account and on which side is the amount received from the sale of an unrecorded asset recorded?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution, the agreed value of an asset taken over by a partner is recorded on the credit side of which account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution of a firm, in which ratio are accumulated losses transferred to the partners’ capital accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution of a firm, which of the following entries results in crediting the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhat does the discovery of an unrecorded liability at the time of dissolution indicate?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhen is the realisation profit distributed among the partners on the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution, if a partner takes over an asset valued at ₹9,000, what effect will this have on the partner’s capital account?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn which side of the Realisation Account is the transfer of assets at book value generally recorded?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution, an unrecorded liability of ₹5,000 is paid. What will be its effect?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhen the firm’s assets are transferred to the Realisation Account, what is done?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyWhat entry is made in the Realisation Account when liabilities are transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyAt the time of dissolution of a partnership firm, on which side of the Realisation Account is cash received from the sale of assets recorded?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyOn dissolution of a partnership firm, in which account and on which side is the amount received from the sale of stock recorded?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyIn which account are expenses incurred on the dissolution of a partnership firm debited?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyAt the time of dissolution of a partnership firm, which entry is made when liabilities are transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyAt the time of dissolution of the firm, ₹4,000 is realised in cash from debtors. What will be the effect on the Bank Account?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyAt the dissolution of a firm, to which account are the book assets, excluding cash and bank balances, transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyIf furniture is sold for ₹5,000 at the time of dissolution of the firm, in which account and on which side will the sale proceeds be recorded?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyWhen dissolution expenses are paid through the bank, on which side of the bank account will they be recorded?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy