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Accounting Loss

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

AccountancyWhen an asset is sold for cash less than its book value, what will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyOn dissolution of a partnership firm, if the assets are overstated above their realisable value while the liabilities are recorded correctly, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution of a partnership firm, if the amount realised from an asset is less than its book value, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if the total amount realised from the assets is less than the amount of the firm’s external liabilities, what will generally be the result?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyOn dissolution of a firm, if the amount required to pay the liabilities in full exceeds the amount realised from the assets, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIn the Realisation Account, an asset with a book value of ₹6,500 is sold for ₹5,000. What is the result of this transaction?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAn asset has a book value of ₹9,000 and is sold for ₹7,000. What will be the effect in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, the book value of debtors is ₹15,000, but only ₹14,000 is received from them. What will be the effect in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIn the Realisation Account, an asset with a book value of ₹12,000 is sold for ₹9,000. What is the result of this transaction?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, machinery with a book value of ₹8,000 is sold for ₹6,000. What will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, if no amount is realised from an asset, what will be its effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, what will be the result in the Realisation Account if realisation expenses exceed the amount realised?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, if a machine having a book value of ₹9,000 is sold for ₹7,000, what will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, what is the effect of selling an asset below its book value?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, assuming all other items remain unchanged, what is the effect of lower realisation expenses on the result of the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhen does a Realisation Account show a loss?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn which side is a loss shown in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the dissolution of a firm, creditors appearing in the books at ₹20,000 were settled by paying ₹22,000. What will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, the book value of the firm’s creditors was ₹45,000, but ₹47,000 was paid for their full settlement. What effect will this excess payment have on the firm?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, the total debit of the Realisation Account is ₹1,94,000 and its total credit is ₹1,86,000. What will be the result of the account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert