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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, if all assets are sold at their book values, what will be the effect of the asset sales on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIf the book value of debtors is ₹10,000 and ₹12,000 is realised from them, what is the result of the realisation?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAn asset has a book value of ₹18,000 and is sold for ₹15,000. What will be the effect in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyA partner agrees to bear the realization expenses, but the firm pays them on that partner’s behalf. Which account is debited?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of a partnership firm, how is the profit or loss shown by the Realisation Account transferred?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyOn dissolution of a firm, how is the payment of unrecorded liabilities recorded?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution, if all the firm’s assets are sold at their book values and there are no realisation expenses, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a firm, which accounts are generally transferred to and closed through the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the dissolution of a firm, if the amount realised from assets is less than the payments made for liabilities and realisation expenses, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a partnership firm, if the Realisation Account shows a profit, what will be the final effect on the partners’ capital accounts?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyWhat type of account is a Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of the firm, the Realisation Account shows a profit of ₹15,000. If three partners share profits and losses equally, what amount will be credited to each partner’s Capital Account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyWhat type of account is the Realisation Account prepared at the time of dissolution?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the closing of the firm, the distributable total profit is ₹36,000 and the three partners share profits in the ratio 4:2:2. How much profit will the first partner receive?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyA, B and C share profits in the ratio 2:5:3. If the total profit is ₹50000, what will be B’s share?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyOn dissolution of the firm, an asset with a book value of ₹1,12,000 was sold for ₹1,21,000. What is the profit on this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyIf the debit side of the Realisation Account is ₹2,48,000 and the credit side is ₹2,61,000, what will be the result of this account?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyThe Realisation Account is not prepared for reconstitution; in which situation is it required?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyWhy are external liabilities paid before partners’ capital is returned when a firm is dissolved?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the time of dissolution, an asset with a book value of ₹30,000 was sold for ₹33,000. What is the profit percentage on the asset’s book value?Class 12Dissolution of a Partnership FirmClosing the BusinessHard