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Dissolution

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

AccountancyWhen is the bank account generally closed during the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAn asset with a book value of ₹60,000 was sold for ₹63,000, and selling expenses amounted to ₹1,000. What is the net result of this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAt the dissolution of a firm, in what ratio is the reserve fund generally distributed among the partners’ capital accounts?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyWhy is a partner’s loan paid before returning the partner’s capital when a firm is dissolved?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAt the time of dissolution, a creditor of ₹15,000 is settled in full by paying ₹14,500. What will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyIf the debit side of the Realisation Account is ₹98,000 and the credit side is ₹1,05,000, what will be the result of the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAn asset with a book value of ₹15,000 is sold for ₹14,000, and realization expenses of ₹500 are incurred. What is the net realization result?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyDuring dissolution, after which stage are the partners’ capital accounts settled?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyIn what order is a partner’s loan paid during the dissolution of a firm?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyA and B share profits in the ratio 3:2. If the firm incurs a realisation loss of ₹10,000 on dissolution, what will be A’s share of the loss?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAt the time of dissolution, a book liability of ₹12,000 was settled for ₹11,000. What effect will this have on the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAt the time of dissolution of a firm, an asset with a book value of ₹42,000 is sold for ₹40,000. What is the loss on this sale?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyWhat is the main purpose of realising assets into cash at the time of dissolution of a firm?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyOn dissolution of a firm which account closing process is initiated first?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyWhen an unrecorded asset is taken over by a partner which side of Realisation Account is credited?Class 12Dissolution of a Partnership FirmClosing the BusinessEasyAccountancyDuring dissolution, if total receipts are ₹20,000 and total payments are ₹12,000, what will be the balance between receipts and payments?Class 12Dissolution of a Partnership FirmClosing the BusinessEasyAccountancyWhat is the main objective of dissolving a partnership firm?Class 12Dissolution of a Partnership FirmClosing the BusinessEasyAccountancyAfter paying external liabilities at dissolution whose claim gets priority next?Class 12Dissolution of a Partnership FirmClosing the BusinessEasyAccountancyOn dissolution of a firm, to whom is the remaining amount ultimately distributed after paying the external liabilities?Class 12Dissolution of a Partnership FirmClosing the BusinessEasyAccountancyOn dissolution, what is paid first, before the partners’ capital is returned?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy

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