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Class 12 Accountancy

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

AccountancyIn the Realisation Account, an asset with a book value of ₹80,000 is realised for only ₹50,000. What will be the final effect?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen realisation expenses are paid by a creditor instead of through the bank and the amount is adjusted against the creditor’s claim, what is the correct accounting entry?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhat is the main objective of the Realisation Account of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if all external liabilities are paid in full, what will be the result in relation to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if a partner personally bears the realisation expenses without claiming reimbursement from the firm, what entry will be passed in the books?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyHow are expenses recordedClass 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen an asset is sold for cash less than its book value, what will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIn the Realisation Account, what does it indicate when a partner takes over an asset at zero value?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen an unrecorded liability is discovered and paid during the dissolution of a firm, what effect will it have on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a partnership firm, if an amount lower than the actual proceeds from an asset is credited to the Realisation Account, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a partnership firm, how is bank overdraft treated in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a partnership firm, if an external liability is mistakenly recorded twice in the Realisation Account and the error is not rectified, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhen an unrecorded asset is sold, on which side of the Realisation Account is the amount received recorded?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIn the Realisation Account, what does taking over an asset at zero value generally indicate?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if the amount realised from an asset is less than its book value, what result will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyDuring the dissolution of a firm, if a liability is legally extinguished and no payment is required, what effect will it have on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIf all entries in the Realisation Account are correct but its final totaling is incorrect, what type of error is this?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if an asset taken over by a partner is mistakenly recorded as a cash receipt, what will be the main effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyOn dissolution of the firm, a part of a liability is paid in cash, but the payment entry is not recorded in the Realisation Account. What will be the effect on the realisation profit?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if an unrecorded asset is treated as having zero value and ignored despite having an actual value, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard