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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 prepared at the time of dissolution, all entries are correct, but the total of the debit or credit side has been calculated incorrectly. What type of error is this?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyOn dissolution of a firm, if all assets, liabilities and realisation-related transactions are correctly recorded in the Realisation Account, what does the account’s final balance represent?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution, what is the result if the same asset is recorded in the books at two different values?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyWhen an asset not recorded in the books is sold on the dissolution of a firm, how should it be accounted for?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyIn the Realisation Account, all transactions have been recorded correctly, but the account has been totalled incorrectly. What type of error is this?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyIf a realisation-related expense is mistakenly debited twice to the Realisation Account, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution, if a liability is settled by transferring an asset to the creditor, what will be the effect on the asset account?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyIf the final balance of the Realisation Account prepared on the dissolution of a firm is incorrect, what does it generally indicate?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution, if the required entry for an asset taken over by a partner—debiting the partner’s Capital Account and crediting the Realisation Account—is not passed, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution of a partnership firm, if an asset is sold for less than its book value, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyFinal stage isClass 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyAt the time of dissolution, an asset has a book value of ₹80,000 and realises only ₹50,000. What will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyOn dissolution of a firm, if all assets except cash are realised at their book values, all external liabilities are settled at their book values, and there are no realisation or dissolution expenses, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyAt the time of dissolution, if an asset is realised at an amount equal to its book value, what will be the effect in the Realisation Account for that asset?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyAt the time of dissolution of a firm, to which account is the profit or loss arising from the Realisation Account ultimately transferred?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyIf, at the time of dissolution of a firm, a liability is omitted from the Realisation Account, what will happen to the profit shown by the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyOn dissolution of a partnership firm, how are cash and bank balances treated in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyDuring the dissolution of a firm, if an asset remains unsold for the time being, what is the appropriate treatment?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyAt the time of dissolution, if a creditor allows a discount on the amount due, what will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyIf interest relating to the dissolution of the firm is paid, how is it recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert

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