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Accounting Treatment

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

AccountancyWhat is the accounting treatment of fictitious assets at the time of dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of a firm, what will be the result if the total amounts on the credit side and debit side of the Realisation Account are equal?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyHow is the bank balance recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of a partnership firm, what effect does a loss in the Realisation Account have on the partners’ capital?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIf debtors are realised for ₹4,000 more than their book value, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyHow is the firm's existing bank balance recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, if a liability is paid for an amount higher than its book value, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a partnership firm, how is the Realisation Account closed at the end?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a partnership firm, a liability is paid for an amount higher than its book value. How will this excess payment be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, if an asset is sold below its book value, what will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIf total receipts in the Realisation Account are ₹50,000 and total payments are ₹52,000, with no other items, what will be the result?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of a partnership firm, if the Realisation Account shows a loss of ₹12,000, what will be the effect on the partners’ capital accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, debtors realise ₹10,000 more than their book value. What will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhich of the following items is generally not transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhat does the final balance of the Realisation Account prepared at the dissolution of a partnership firm indicate?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhat is the effect of an increase in realisation expenses during the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution of a firm, who generally bears the realisation expenses?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the dissolution of a partnership firm, an unrecorded asset was realised for ₹10,000 and an unrecorded liability was paid at ₹2,000. What will be the net effect on the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAn unrecorded asset was realised for ₹12,000. If the asset had a book value of zero, what will be its accounting effect at the time of dissolution?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhen a profit arises in the Realisation Account, on which side is the balancing figure shown?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert