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Asset Settlement

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

AccountancyFor what purpose is the Realisation Account prepared on the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountEasyAccountancyOut of ₹280000 due, ₹80000 was settled in cash and investments worth ₹50000 were given. A loan account is opened for the balance. What is the loan amount?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyThe retiring partner's final capital account has a credit balance of ₹185000. ₹75000 was paid through bank immediately and furniture of ₹25000 was given in settlement. How much will be transferred to the loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyA retiring partner was due ₹220000. The firm settled ₹70000 by cash and ₹30000 by giving investments. What will be the remaining loan amount?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHardAccountancyAmount due to a retiring partner is ₹210000. The firm settled ₹50000 by cash and ₹40000 by giving a vehicle, and the rest remained as loan. What amount will go to loan account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountHard

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