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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।

AccountancyWhen a partner pays a firm’s liability from personal funds, what effect does the related entry in the Realisation Account have?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen preparing the Realisation Account on dissolution of a firm, which items are transferred through the initial entries?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the dissolution of a firm, which of the following is not credited to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen an unrecorded liability is paid by the firm at the time of dissolution, which accounting entry is passed?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhich of the following items is recorded on the credit side of the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhich items are generally recorded on the debit side of the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a partnership firm, in which account is the amount paid to creditors debited?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen preparing the Realisation Account on dissolution of a firm, which items are transferred to it initially?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhere is cash received recordedClass 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhy are nominal (temporary) accounts not transferred to the Realisation Account at the time of dissolution?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen the creditors of a firm are paid, how is this transaction recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen a non-cash asset is transferred to the Realisation Account on dissolution of a firm, on what basis is it generally recorded?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, how is the amount received from the sale of assets recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if a partner takes over a liability of the firm, what entry is made in that partner’s Capital Account?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyWhen a partner takes over an asset of the firm at dissolution, which accounting entry effect takes place?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the dissolution of a firm, if a partner takes over a liability of the firm, which accounting entry is made?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, if a partner takes over an asset for personal use, what effect is made on the partner’s Capital Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, in which account is the cash sale of an asset recorded on the credit side?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a firm, which of the following accounts is transferred first to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, if the total cash payments made for discharging liabilities and paying realisation expenses exceed the cash received from the realisation of assets, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium