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Asset Takeover

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, if a partner takes over an asset valued at ₹7,000 and a liability of ₹7,000, what will be the net effect on the partner’s capital account?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution, if a partner takes over a firm's asset at the agreed value of ₹12,000, what will be the effect on his capital account?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution, the agreed value of an asset taken over by a partner is recorded on the credit side of which account?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution, if a partner takes over an asset valued at ₹9,000, what effect will this have on the partner’s capital account?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyIf a partner takes over an asset for personal use at dissolution, at what value is it recorded?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium

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