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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।

AccountancyAt the time of dissolution of a partnership firm, on which side of the Realisation Account is the loss arising from selling an asset below its book value shown?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyWhere is cash received recordedClass 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyOn the dissolution of a firm, which of the following accounts is generally not transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyWhy are nominal (temporary) accounts not transferred to the Realisation Account at the time of dissolution?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyAt the time of dissolution, how are unpaid expenses treated in the Realisation Account process?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyOn dissolution of the firm, in which ratio is the profit arising from the Realisation Account distributed among the partners?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyWhen the creditors of a firm are paid, how is this transaction recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyWhen a non-cash asset is transferred to the Realisation Account on dissolution of a firm, on what basis is it generally recorded?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyWhat does the balance of the Realisation Account represent at the time of dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyAt the time of dissolution, how is the amount received from the sale of assets recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpertAccountancyDuring the dissolution of a firm, what is the resulting position when all its external liabilities have been paid?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyWhen an asset is sold below its book value at the time of dissolution of a firm, what result is recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution, after recording all entries relating to the realisation of assets and the settlement or transfer of liabilities, what does a credit balance in the Realisation Account indicate?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution of a partnership firm, in which ratio is the profit or loss arising from the Realisation Account transferred to the partners’ capital accounts?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyWhat does the final balance of the Realisation Account prepared at the time of dissolution of a partnership firm represent?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution of a partnership firm, what is the effect on the Realisation Account when an asset is sold for more than its book value?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyFrom an accounting perspective, what type of account is the Realisation Account prepared at the time of dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution, if total payments in the Realisation Account exceed total receipts, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountMediumAccountancyAt the time of dissolution of a partnership firm, what is the effect on the Realisation Account when a liability is paid for more than its book value?Class 12Dissolution of a Partnership FirmRealisation AccountMediumAccountancyAt the time of dissolution, if an asset has not yet been sold, at what value is it transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium

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