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RELATED QUESTIONS

Capital Account

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

AccountancyIf a partner takes a firm's asset instead of cash, what is the effect in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner personally pays a firm's liability and takes nothing later from the firm, what happens in capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyThe amount received from an insolvent partner is recorded on which side of his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner personally pays the insurance premium on behalf of the firm, what will be the effect on his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf commission is outstanding payable to a partner, what happens in his capital account on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf interest on capital is payable according to the partnership deed and the fluctuating capital method is followed, what entry will be made in the capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, how is debit balance of a partner's current account transferred to capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, how is the credit balance of a partner’s current account transferred to the capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyWhen final cash payment is made to a partner, on which side is it recorded in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes responsibility to pay outstanding rent of the firm, what happens in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes goods from the firm for personal use, what happens in the capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyInterest on drawings is recorded on which side of a partner's capital account on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyDrawings balance is transferred to which side of a partner's capital account on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf remuneration is payable to a partner for realisation work then what is done in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf a partner takes over a firm's liability then what is recorded in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf A takes over machinery worth ₹18,000, what is the effect on A’s Capital Account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyAn asset taken over by a partner on dissolution is recorded on which side of that partner's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf B's capital account has a debit balance of ₹12000 then what does it mean on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyWhat is the main purpose of partners' capital accounts at the time of dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf a partner’s Capital Account has a credit balance of ₹40,000 and the partner takes over an asset worth ₹5,000, what will be the balance before payment?Class 12Dissolution of a Partnership FirmPartner AccountsEasy