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Class 12 Mcq

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

AccountancyWhat is the final objective of preparing partners' capital accounts on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIn a capital account, realisation loss and fictitious asset are both recorded on which side?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, if a partner settles a firm's liability using personal assets, what effect will this have on the partner's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf realisation loss is twenty one thousand rupees and ratio is two is to three is to two, how much loss will the middle partner bear?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyAt the time of dissolution, if a partner’s capital account has a debit balance of ₹3,000 and the partner pays ₹3,000 in cash, what will be the final balance of the account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner’s Capital Account has a credit balance of ₹40,000 and the partner takes over an asset worth ₹5,000, what will be the balance before payment?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf A and B share in the ratio four is to one and fictitious asset is ten thousand rupees, how much will be debited to B's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, how is a fictitious asset like deferred advertisement expense distributed among partners?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner’s Capital Account already shows a debit balance, what does it indicate on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, opening capital balance is generally written on which side of capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes over a liability of ₹9,000 and also takes goods worth ₹3,000, what is the net effect on the partner’s Capital Account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes over stock worth ₹10,000 and also pays ₹2,000 in cash to the firm, what is the net effect on the partner’s Capital Account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf an unrecorded liability is taken over by a partner on dissolution, what happens in the partner's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf an unrecorded asset is taken over by a partner on dissolution, what happens in the partner's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyWhen cash is received from a partner, on which side is it recorded in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIn partners' capital accounts, cash payment to partners is recorded on which side?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyUnder Garner versus Murray rule, in which ratio is deficiency borne by solvent partners?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf an insolvent partner cannot pay his full capital deficiency, on whom is the remaining deficiency generally borne?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyThe Garner versus Murray rule is generally related to which situation?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf partner Ravi is to receive five thousand rupees as remuneration for dissolution work, what happens in Ravi's capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy