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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।

AccountancyOn dissolution, when is a partner's loan account kept separate from his capital account?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyWhich main account is prepared before closing partners' capital accounts on dissolution?Class 12Dissolution of a Partnership FirmPartner AccountsEasy AccountancyOn dissolution, total assets at book value ₹220,000 were sold for ₹185,000. External liabilities of ₹75,000 were settled for ₹68,000. Realisation expenses were ₹4,000. What is the realisation result?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyPartner's loan is ₹60000. Why is it not transferred to Realisation Account on dissolution?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyRealisation expenses of ₹5000 are paid by the firm. What is the correct side in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyCreditors are ₹50000 at dissolution and are paid in full. Which entry is correct in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt dissolution machinery appears at ₹80000 and is sold for ₹62000. What will be the effect in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhat is the main purpose of Realisation Account when a partnership firm is dissolved?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhat is the usual effect of an expense recorded in the Realisation Account on the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAfter paying external liabilities and partners’ loans, on what basis is the remaining cash distributed among the partners on dissolution?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyOn dissolution of a firm, after paying the external liabilities, whose claim is settled next?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyOn dissolution of a firm, in which order is a partner’s loan paid?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the time of dissolution, to which account is the final balance of the Realisation Account ultimately transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyIf an unrecorded liability of ₹4000 existed but no payment was required what is the effect on Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the time of dissolution, assets valued at ₹85000 were sold for ₹90000, and realization expenses amounted to ₹2000. What is the net profit from this transaction?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyWhat is the ultimate purpose of the Bank Account when a partnership firm is dissolved?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyOn which side is the balance of the Realisation Account shown when it results in a profit?Class 12Dissolution of a Partnership FirmClosing the BusinessHard 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 AccountancyWhat is the overall process of realizing assets, paying liabilities, and settling the partners’ accounts on the dissolution of a firm called?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt the time of dissolution of a partnership firm, in the absence of any specific agreement, in which ratio is the reserve fund distributed among the partners?Class 12Dissolution of a Partnership FirmClosing the BusinessHard