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Journal Entries

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 a partner pays a firm’s liability out of personal funds, which journal entry should be passed?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt 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 AccountExpertAccountancyAt the time of dissolution, if a partner takes over the stock at an agreed value, which journal entry will be passed?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyAt the time of dissolution, if an asset remains unsold and a partner takes it over at an agreed value, which journal entry will be passed in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountHardAccountancyIf 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 AccountMediumAccountancyAt the time of dissolution, when an external liability is paid after being transferred to the Realisation Account, which journal entry is passed?Class 12Dissolution of a Partnership FirmRealisation AccountMediumAccountancyWhich is the correct journal entry for transferring book assets to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasyAccountancyAt the time of dissolution, A paid a firm expense of ₹5,000 personally. What journal entry should be recorded in the firm’s books?Class 12Dissolution of a Partnership FirmClosing the BusinessExpertAccountancyOn dissolution of the firm, partner A paid an unrecorded liability of ₹5,000 from personal funds. Which is the correct accounting entry?Class 12Dissolution of a Partnership FirmClosing the BusinessExpertAccountancyAt the dissolution of a firm, which journal entry is passed to remove external liabilities from the books?Class 12Dissolution of a Partnership FirmClosing the BusinessHardAccountancyA partner personally pays realization expenses of ₹3,000, and the firm agrees to reimburse him. When this liability is recorded in the firm’s books, which account is credited?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyWhen a bank loan is paid off at the time of dissolution, which account is debited?Class 12Dissolution of a Partnership FirmClosing the BusinessMediumAccountancyWhat journal entry is passed when assets are transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmClosing the BusinessEasyAccountancyWhen the interest already payable on a partner’s loan account is paid, which account is debited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen interest is credited to a partner’s loan account, which of the following accounts is debited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen the loan account of a retiring or deceased partner is settled through the bank, which entry is made in the Bank Account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen interest payable on a partner’s loan is paid in cash, on which side will the Cash Account be recorded in the journal entry?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen ₹30,000 is paid against a partner’s loan account, which entry will be made in that account?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen the amount due in a partner’s loan account is paid, which account will be debited?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpertAccountancyWhen interest becomes payable on a partner’s loan, which account is credited in the journal entry?Class 12Reconstitution - Retirement or Death of a PartnerPartner's Loan AccountExpert

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