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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, an external liability is settled for an amount lower than its book value. What will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a firm, which of the following accounts is transferred first to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of the firm, what is the result if the total of the credit side of the Realisation Account exceeds the total of its debit side?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a firm, what is the main effect of paying its liabilities in the accounting related to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat is the primary final purpose of the Realisation Account at the time of dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, if the total cash payments made for discharging liabilities and paying realisation expenses exceed the cash received from the realisation of assets, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyThe Realisation Account is based on which accounting principle?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyIf a liability is settled for an amount lower than its book value, what is the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat is the effect of realisation expenses recorded in the Realisation Account on dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of the firm, from which account is the partner’s loan paid?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of a partnership firm, to which account is the profit from the Realisation Account transferred?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, if the total receipts and total payments in the Realisation Account are ₹15,000 each, what will be the result of the account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhat is the main difference between a Realisation Account and a Revaluation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhen an unrecorded asset is realised during the dissolution of a partnership firm, in which account is the amount received recorded?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat is the correct priority order for distributing the amount realized from assets on the dissolution of a firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat is the primary purpose of preparing a Realisation Account at the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, to which side of the Realisation Account are assets other than cash and bank balances transferred?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, if an asset is taken over by a partner instead of being sold to an external party, at what value is it recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, on which side of the Realisation Account are external liabilities transferred?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt which side of the Realisation Account are assets other than cash and bank balance transferred at their book value?Class 12Dissolution of a Partnership FirmRealisation AccountEasy