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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, an asset is sold for an amount higher than its book value. What will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of a partnership firm, on which side of the Realisation Account is the payment of a liability recorded?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhen goodwill recorded in the books is transferred at the time of dissolution, on which side of the Realisation Account is it shown?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the dissolution of a partnership firm, which account is prepared to determine the profit or loss arising from the realisation of assets and settlement of liabilities?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, for what purpose are the assets transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat is the final step in preparing the Realisation Account on the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a partnership firm, which of the following transactions is not recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat is the final function of the Realisation Account on the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhich of the following items is recorded on the credit side of the Realisation Account when a partnership firm is dissolved?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat does the balance of the Realisation Account indicate at the time of dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, if an unrecorded asset is sold, in which account is the amount received credited?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of a partnership firm, the Realisation Account is based on which fundamental principle?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of a firm, in which account is the cash received from the sale of assets credited?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a partnership firm, in what order is a partner’s loan repaid?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyWhat is the usual accounting treatment of realisation expenses on the dissolution of a firm?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyIf an asset is sold for less than its book value, what is recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyHow are the firm’s external liabilities treated in the Realisation Account upon dissolution?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of a partnership firm, at what value are assets other than cash/bank and fictitious assets transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAn expense of ₹2,000 has been incurred in the Realisation Account. On which side of the account will this amount be recorded?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhat does the balance of the Realisation Account indicate?Class 12Dissolution of a Partnership FirmRealisation AccountEasy