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Asset Sale

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

AccountancyThrough which account is sale proceeds of an asset recorded in Realisation Account when cash is received?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyAsset sold for ₹90000. Selling expenses of ₹4000 were borne by the buyer. What entry for expenses is made by the firm in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyWhen 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 AccountExpertAccountancyAt the time of dissolution, when the firm’s non-cash assets are sold for cash, how is the sale proceeds recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution of a firm, if an asset is sold for cash at an amount lower than its book value, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyAt the time of dissolution of a partnership firm, what arises when an asset is sold for more than its book value?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyWhere is cash received recordedClass 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyWhen an asset is sold below its book value at the time of dissolution of a firm, what result is recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution of a partnership firm, what is the effect on the Realisation Account when an asset is sold for less than its book value?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution of a partnership firm, what is the effect on the Realisation Account when an asset is sold for more than its book value?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt 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 AccountMediumAccountancyAt the time of dissolution, if the cash realised from the sale of assets is more than their book value, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMediumAccountancyIn 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 AccountEasyAccountancyAn 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 AccountEasyAccountancyAt the time of dissolution of a partnership firm, if all its assets are sold for more than their book values, what will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasyAccountancyIn 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 AccountEasyAccountancyAt the time of dissolution of a partnership firm, an asset is sold for an amount higher than its book value. What will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasyAccountancyWhere is cash received recorded in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasyAccountancyOn dissolution of a firm, which amount is recorded in the Realisation Account when an asset is sold?Class 12Dissolution of a Partnership FirmRealisation AccountMediumAccountancyWhich of the following items is recorded on the credit side of the Realisation Account when a partnership firm is dissolved?Class 12Dissolution of a Partnership FirmRealisation AccountMedium

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