Skip to content

Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

RELATED QUESTIONS

Closing The Business

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

AccountancyOn dissolution of a firm, to which account are liabilities transferred before they are paid?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyA and B share profits and losses in the ratio of 4:1. On dissolution of the firm, a realisation loss of ₹25,000 is incurred. What will be B’s share of this loss?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyIf an unrecorded liability of ₹7,000 is paid, which entry will be made in the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAfter paying outside liabilities and partners’ loans on dissolution of a partnership firm, on what basis is the remaining final cash distributed?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of the firm, a gain of ₹4500 arises from the settlement of liabilities and a loss of ₹2500 arises from the sale of assets. What will be the net result?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of the firm, A, B and C share profits in the ratio 3:4:5. If the realisation profit is ₹24000, what amount of profit will be received by C?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyIf, on dissolution of a partnership firm, only a realisation expense of ₹3,500 is recorded in the Realisation Account and there are no other items or adjustments, what will be the result of the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyDuring the dissolution of a firm, an asset had a book value of ₹95000 and was sold for ₹102000. If no selling expenses were incurred, what is the profit on the sale of the asset?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhich of the following accounts does not remain open after the dissolution of the firm is complete?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, a creditor's claim of ₹50,000 was settled for ₹48,000. What gain will be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of a firm, a loss of ₹32,000 is shared between two partners in the ratio 5:3. What will be the second partner’s share of the loss?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyIn the Realisation Account, receipt from an unrecorded asset is recorded as which type of item?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyIf the total debit of the Realisation Account is ₹99,000 and its total credit is ₹1,04,000, what is the profit on dissolution of the firm?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of the firm, the Realisation Account shows a profit of ₹27000. If the three partners share profits in the ratio 2:2:5, what share of the realisation profit will be credited to the third partner?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of a firm, whose payment has the next priority after external liabilities are settled?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyIf the partners share profits in the ratio 2:5 and the profit to be distributed is ₹21,000, what will be the share of the partner having the larger ratio?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the dissolution of a firm, an asset had a book value of ₹72000. It was sold for ₹78000, and selling expenses of ₹1500 were paid. What is the net profit from this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhat is the primary purpose of the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyA liability of a partnership firm amounting to ₹26,000 is settled for ₹25,200. What is the gain on this settlement?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the time of dissolution, if goodwill is already recorded in the books, to which account is it transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert