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Accounting Fundamentals

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

AccountancyWhat is the main objective of the Realisation Account of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyType of Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn the dissolution of a partnership firm, in which ratio is the profit arising from the Realisation Account distributed among the partners?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat does the closing balance of the Realisation Account represent at the time of dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat does the balancing figure of the Realisation Account represent on dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyA and B share a firm's profit in the ratio 3:2. If the total profit is ₹25,000, what share of the profit will B receive at the time of dissolution?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyA partnership firm incurs a loss of ₹16,000 on dissolution. If the partners’ profit-sharing ratio is 1:1:2, what will be the third partner’s share of the loss?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the dissolution of a firm, what effect does a realisation loss have on the partners’ capital accounts in their profit-sharing ratio?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn dissolution of a partnership firm, which account summarizes the profit or loss arising from the realization of assets and settlement of liabilities?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn the dissolution of a partnership firm, the realisation loss is ₹9,000 and the partners share profits and losses in the ratio 1:2. What is the second partner’s share of the loss?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyOn dissolution of a firm, which accounts are ultimately closed with a zero balance after realising assets and settling liabilities?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyIf an asset has a book value of ₹10,000 and is sold for ₹13,000, what is the difference of ₹3,000 called?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy AccountancyIn an adjustment entry, the account of a partner who is to receive a benefit appears on which side?Class 12Partnership Accounts - Basic ConceptsAdjustmentsEasy