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External Liabilities

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

AccountancyOn dissolution of the firm, all external liabilities are paid. On which side of the Realisation Account will this payment be recorded?Class 12Dissolution of a Partnership FirmRealisation AccountEasyAccountancyAt the dissolution of a firm, which items are transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMediumAccountancyAt the dissolution of a firm, when are the partners’ capital accounts generally settled finally?Class 12Dissolution of a Partnership FirmRealisation AccountMediumAccountancyOn dissolution of a firm, which of the following items is settled separately without being transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMediumAccountancyOn dissolution of a firm, which items are transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasyAccountancyAt the time of dissolution of a partnership firm, to which account are the real (non-cash) assets and external liabilities transferred?Class 12Dissolution of a Partnership FirmRealisation AccountEasyAccountancyOn dissolution of a partnership firm, whose claim is settled first from the available amount according to the prescribed order of settlement?Class 12Dissolution of a Partnership FirmClosing the BusinessExpertAccountancyWhy are external liabilities paid before partners’ capital is returned when a firm is dissolved?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAt the time of dissolution of a firm, on which side of the Realisation Account are external liabilities transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyOn dissolution of the firm, if the external liabilities payable are not transferred to the Realisation Account, which account will remain incomplete?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyOn dissolution of the firm, external liabilities are generally transferred to which account?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyOn dissolution of the firm, before settling the amount due to creditors, to which account is the Creditors Account transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyAt the time of dissolution, after whose claim is a partner’s loan settled?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyWhich account is prepared on dissolution of a partnership firm to ascertain the profit or loss arising from the sale of assets and settlement of external liabilities?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the dissolution of a firm, to which account are the external liabilities appearing in the books transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyWhen is a partner’s loan repaid relative to external liabilities?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution, to which side of the Realisation Account are external liabilities transferred?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution of a partnership firm, how is a bank overdraft classified?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyAt the time of dissolution of a firm, outstanding salaries payable to employees are classified under which category?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyOn dissolution of a partnership firm, under which category is the balance of a partner’s loan account treated?Class 12Dissolution of a Partnership FirmClosing the BusinessMedium

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