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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।

AccountancyAt the time of dissolution of a partnership firm, an asset has a book value of ₹70,000 and is sold for ₹78,000. What is the profit on the sale of the asset?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAt the time of dissolution, an asset with a book value of ₹36000 was sold for ₹39000. What profit arose from this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution, an asset with a book value of ₹56,000 is sold for ₹52,000. What is the result of this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyWhich of the following is not credited to the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution of a firm, an asset with a book value of ₹39,000 is sold for ₹45,000. What profit arises from this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAn unrecorded asset is sold for ₹12,000. On which side of the Realisation Account will the sale proceeds be recorded?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAn asset had a book value of ₹40,000 and was sold for ₹47,000. What is the realisation profit on the disposal of the asset?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAt the time of dissolution of a partnership firm, an asset has a book value of ₹22,000 and is sold for ₹27,000. What is the profit on realisation?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAt the time of dissolution of a partnership firm, furniture had a book value of ₹18,000 and was sold for ₹21,000. What profit arises from this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyWhere is the effect of cash realised from assets reflected?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution, an asset with a book value of ₹28,000 was sold for ₹26,000. What will be the loss on the sale of the asset?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution of a firm, an asset with a book value of ₹42,000 is sold for ₹40,000. What is the loss on this sale?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution, a machine has a book value of ₹32,000 and is sold for ₹35,000. What is the profit on this sale?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution, an asset with a book value of ₹20,000 was sold for ₹24,000. What will be the result on realisation?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyIn which situation can a profit arise in the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution of a partnership firm, an asset with a book value of ₹50,000 is sold for ₹47,000. What result will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution, an asset of the firm has a book value of ₹9,000 and is sold for ₹11,000. What will be the result?Class 12Dissolution of a Partnership FirmClosing the BusinessEasyAccountancyAt the time of dissolution of a partnership firm, what arises when an asset is sold for less than its book value?Class 12Dissolution of a Partnership FirmClosing the BusinessEasyAccountancyWhat arises when an asset is sold for more than its book value?Class 12Dissolution of a Partnership FirmClosing the BusinessEasyAccountancyAt the time of dissolution of a partnership firm, on which side of the Realisation Account is cash received from the sale of assets recorded?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy

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