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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।

AccountancyAt the time of dissolution, a partner takes over an unrecorded asset. If the partner’s Capital Account is credited instead of debited, what type of error is this?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if an unrecorded asset is taken over by a partner at an agreed value, which journal entry is correct?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhat is the primary purpose of preparing a Realisation Account on the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyClassification of bank overdraftClass 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution, if total payments in the Realisation Account exceed total receipts, what will be the result?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, if an asset has not yet been sold, at what value is it transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of the firm, what is the result if the total of the credit side of the Realisation Account exceeds the total of its debit side?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a firm, what is the main effect of paying its liabilities in the accounting related to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyIf a liability is settled for an amount lower than its book value, what is the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, when a partner takes over an asset of the firm, what entry is made in the partner’s Capital Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyType of Realisation Account isClass 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyIn the Realisation Account, an asset with a book value of ₹6,500 is sold for ₹5,000. What is the result of this transaction?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, if the total receipts and total payments in the Realisation Account are ₹15,000 each, what will be the result of the account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAn asset has a book value of ₹9,000 and is sold for ₹7,000. What will be the effect in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyThe book value of debtors is ₹20,000, but ₹22,000 is realised from them. What will be the effect in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIn the Realisation Account, cash receipts are ₹20,000 and cash payments are ₹18,000. What is the result of these transactions?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, a creditor of the firm was payable ₹50,000. The creditor accepted an asset with a book value of ₹40,000 in full settlement. What will be the effect of this transaction on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of the firm, if a partner takes over the unsold stock, what entry is made in the partner’s Capital Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyIf a partner has agreed to bear the realisation expenses but the firm pays them from its bank account, which account will be debited?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, if all assets are realised at their book values and all liabilities are settled at their book values, with no realisation expenses, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy