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RELATED QUESTIONS

Liability Payment

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

AccountancyA liability of ₹30000 appears in books. Creditor accepted ₹26000 in final settlement and allowed ₹1000 discount on cash payment. What amount is debited as payment in Realisation Account?Class 12Dissolution of a Partnership FirmRealisation AccountExpert AccountancyIf an external liability is actually paid but the transaction is not recorded in the Realisation Account and Cash Account, what will be the effect?Class 12Dissolution of a Partnership FirmRealisation AccountHard AccountancyOn dissolution of a partnership firm, on which side of the Realisation Account is the payment of a liability recorded?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyAt the time of dissolution of a partnership firm, on which side of the Realisation Account is the payment of liabilities recorded?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyOn dissolution of a partnership firm, on which side of the Realisation Account is the payment of liabilities recorded?Class 12Dissolution of a Partnership FirmRealisation AccountEasy AccountancyIf a liability of ₹8,000 is paid in cash, by how much will the cash balance decrease?Class 12Dissolution of a Partnership FirmClosing the BusinessEasy