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Dissolution Of Partnership

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

AccountancyAccording to the Garner v. Murray rule, A and B have final capitals of ₹50,000 and ₹25,000 respectively. Insolvent C’s deficiency is ₹9,000. How much of this deficiency will A bear?Class 12Dissolution of a Partnership FirmPartner AccountsMediumAccountancyC’s capital account has a credit balance of ₹35,000. Interest on drawings is ₹1,800 and C’s share of realisation loss is ₹5,200. How much will be payable to C on dissolution of the firm?Class 12Dissolution of a Partnership FirmPartner AccountsMediumAccountancyOn dissolution of a firm, the realisation loss is ₹54,000. If the profit-sharing ratio of the three partners is 4:3:2, what amount of realisation loss will be debited to the second partner’s account?Class 12Dissolution of a Partnership FirmPartner AccountsMediumAccountancyAt the time of dissolution of a partnership firm, the Dividend Equalisation Reserve is ₹36,000. If the partners share profits in the ratio 5:4, what amount will be credited to the second partner’s account?Class 12Dissolution of a Partnership FirmPartner AccountsMediumAccountancyPartner C's capital account has a debit balance of ₹7,000, while the current account has a credit balance of ₹2,000. What final debit balance will result when the two accounts are combined?Class 12Dissolution of a Partnership FirmPartner AccountsMediumAccountancyA, B and C share profits in the ratio 3:2:1. On dissolution of the firm, the realisation loss is ₹66,000. How much will be debited to C’s capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMediumAccountancyIf the Joint Life Policy Reserve is ₹21,000 and the partners’ profit-sharing ratio is 4:2:1, what amount will be credited to the third partner’s capital account?Class 12Dissolution of a Partnership FirmPartner AccountsMediumAccountancyIf, at the time of dissolution, a partner’s capital account has a debit balance of ₹11,000, what does it indicate?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyOn dissolution of the firm, when cash is received from a partner, what entry is made in the Cash Account?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyOn the dissolution of a partnership firm, a partner’s final amount due is paid through the bank. How will this transaction affect the Bank Account?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyWhich item increases a partner's capital on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyOn the dissolution of a partnership firm, when cash is received from a partner, what effect will it have on the Cash Account?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyAt the time of dissolution, when the partner is paid the final amount through the bank, what effect does this have on the bank account?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyAt the time of dissolution, a partner’s capital account has a credit balance of ₹12,000, and the full amount of ₹12,000 is paid to the partner. What will be the status of the partner’s capital account after this payment?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyOn dissolution of the firm, if a partner takes over an unrecorded tax liability, what will happen to the partner’s capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyAccording to the Garner v. Murray rule, if the final capitals of solvent partners A and B are ₹40,000 and ₹60,000 respectively, and partner C has a deficiency of ₹20,000, how much of this deficiency will be borne by partner A?Class 12Dissolution of a Partnership FirmPartner AccountsMediumAccountancyAt the time of dissolution, when is the balance of the life policy reserve transferred to the partners’ capital accounts?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyAt the time of dissolution, if a partner's capital account shows a final credit balance of ₹22,000, what will the firm do?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyIf interest on a partner’s capital is due, on which side of the partner’s capital account will it be recorded at the time of dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasyAccountancyIn the Realisation Account, an asset with a book value of ₹80,000 is realised for only ₹50,000. What will be the final effect?Class 12Dissolution of a Partnership FirmRealisation AccountExpert

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