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Capital Accounts

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

AccountancyTo which account is the profit or loss arising from the Realisation Account generally transferred?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyTo which account is the profit or loss arising from the Realisation Account transferred?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhat is the effect on the partners’ capital accounts when the Realisation Account shows a loss?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of a partnership firm, if the Realisation Account shows a loss of ₹12,000, what will be the effect on the partners’ capital accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of a partnership firm, to which account is the balance of the Realisation Account transferred to close it?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of a partnership firm, the loss on realisation is ₹16,000. If the two partners share profits equally, what amount of loss will be debited to each partner’s capital account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of the firm, the Realisation Account shows a profit of ₹27,000. If the three partners share profits and losses equally, what amount will be transferred to each partner’s Capital Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of a partnership firm, on what basis is the remaining final cash distributed after paying external liabilities and realisation expenses?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAfter the dissolution of a partnership firm is completed and all liabilities and partners’ claims have been settled, what is the status of the accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyIf a profit arises in the Realisation Account on dissolution of the firm, what effect will it have on the partners’ capital accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the time of dissolution, to which account is the final balance of the Realisation Account ultimately transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyIf there is a loss in the Realisation Account, how is it treated in the partners’ capital accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAfter paying outside liabilities and partners’ loans on dissolution of a partnership firm, on what basis is the remaining final cash distributed?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhich of the following accounts does not remain open after the dissolution of the firm is complete?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution of a partnership firm, to which account is the final balance of the Realisation Account transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the dissolution of a firm, what effect does a realisation loss have on the partners’ capital accounts in their profit-sharing ratio?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyWhen all the liabilities of a firm have been paid and the balances of the partners’ capital accounts become zero, what is considered to have occurred?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium AccountancyAt the time of dissolution of a partnership firm, the final adjustment in the partners’ capital accounts is made for which item?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyDuring dissolution, after which stage are the partners’ capital accounts settled?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyOn dissolution of a partnership firm, when the Realisation Account shows a loss, which account is debited for transferring that loss?Class 12Dissolution of a Partnership FirmClosing the BusinessHard