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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।

AccountancyAt the time of dissolution, how is the credit balance of a partner’s current account transferred to the capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, additional cash contributed by a partner to the firm is recorded on which side of his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes liability of eleven thousand rupees and also takes an asset of four thousand rupees, what is the net effect?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyA partner takes over stock valued at ₹8,000 and also pays ₹2,000 cash to the firm. What is the net effect in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes over outstanding expenses of ₹6,000, what will be recorded in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes over a machine worth twenty thousand rupees and pays no cash, what happens in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf two partners share in the ratio one is to three and realisation loss is sixteen thousand rupees, how much loss will the first partner bear?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyK and Kh share profits and losses in the ratio 5:3. If the realisation profit is ₹32,000, how much will Kh receive?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf A and B are partners sharing profits equally and the firm’s general reserve is ₹14,000, what amount will be transferred to A’s Capital Account at the time of dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, accumulated losses are recorded on which side of partners' capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, accumulated profits are recorded on which side of partners' capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes responsibility to pay outstanding rent of the firm, what happens in his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyIf a partner takes goods from the firm for personal use, what happens in the capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution of a partnership firm, what does a debit balance in a partner's capital account indicate?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution of a partnership firm, what does a credit balance in a partner's capital account indicate?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyWhat does closing partners' capital accounts at the end of dissolution mean?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIn which situation does a partner’s Capital Account show a credit balance?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyA B C have capitals ₹50000 ₹40000 and ₹30000 respectively. Realisation loss is ₹24000 and ratio is 2:1:1. What is A's final capital?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIf profit sharing ratio is not given how will profit or loss be shared on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsMedium AccountancyIn which ratio is realisation profit or loss distributed in partners' capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsMedium