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Liabilities

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

AccountancyWhich item will be transferred to the credit side of Realisation Account on dissolution?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyWhy are book values of external liabilities credited to 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 AccountancyDuring the dissolution of a firm, if a liability is legally extinguished and no payment is required, what effect will it have on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, if a partner takes over a firm’s liability, in which account and in what manner is it recorded?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyAt the time of dissolution of a firm, unpaid salary due to employees is treated as what?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution, how are unpaid expenses treated in the Realisation Account process?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyAt the time of dissolution of a firm, what is the main effect of paying its liabilities in the accounting related to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountMedium AccountancyAt the time of dissolution of a partnership firm, if an external liability is paid for more than its book value, what effect will it have on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIn the Realisation Account, a liability has a book value of ₹4,500 and is settled for ₹4,000. What is the result of this transaction?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of a partnership firm, a liability recorded at ₹6,000 is settled for ₹6,000. What will be the effect in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, a liability is settled for an amount lower than its book value. What will be the effect on the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution, if the amount realised from assets is less than the total amount paid for settling liabilities and realisation expenses, what will be the result in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt dissolution, if ₹20,000 cash is realised from assets and ₹15,000 is paid to settle liabilities, with no other items involved, what will be the net cash result?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, a liability is paid for an amount higher than its book value. How will this excess payment be recorded in the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the dissolution of a partnership firm, at what value are liabilities transferred to the Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIn which situation will a realisation loss not arise on the dissolution of a partnership firm?Class 12Dissolution of a Partnership FirmClosing the BusinessExpert AccountancyAt the dissolution of a firm, which journal entry is passed to remove external liabilities from the books?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyDuring dissolution, after which stage are the partners’ capital accounts settled?Class 12Dissolution of a Partnership FirmClosing the BusinessHard AccountancyAt 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 BusinessHard